Oil & Gas UK Economic Report 2015

1.

Foreword

4

2.

Industry at a Glance

6

3.

Prices and Markets

10

4.

Global Reaction to the Oil Price Fall

18

5.

Maintaining Competitiveness – Seizing the Cost Efficiency Challenge

22

6.

Economic Contribution

32

7.

Performance Indicators

42

8.

Case Studies

64

9 Appendices

74 75 77

a. b.

EU Emissions Trading Scheme

The Fiscal Regime

10. Glossary

80

3

ECONOMIC REPORT 2015

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