5500 jobs lost in British oil industry
The sliding oil price has especially hit operators in the North Sea, who were already working with the highest operating costs in the sector, according to a new British authority.
BY OLE ANDERSEN
More than 5,500 jobs in the British in the British oil and gas sector have disappeared in the past year due to the falling oil price, according to numbers published by the UK's newly established Oil and Gas Authority (OGA), reports Reuters.
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