British billionaire Jim Ratcliffe says unstable energy policies and soaring costs in Europe are pushing industrial investment and oil development toward the United States.
Europe and the UK’s approach to energy policy is “all over the place” and eroding the region’s security and growth prospects, Jim Ratcliffe has said in an announcement confirming Ineos’s plans to expand its oil and gas operations in the Gulf of Mexic… [3445 chars]
Source: OilPrice | Published: 2026-05-06T16:00:00Z
Credit: OilPrice
