| United Kingdom Oil Industry
News |
The UK has proven reserves of oil amounted to 0.5 billion metric
tons, with an estimate of up to 1.6 billion metric tons which have
yet to be discovered, and may exist in areas of the UK continental
shelf. The UK now exports quantities of crude oil and is acknowledged
for expertise in the area of deep-water technology - using advanced
engineering techniques for extracting a higher proportion of oil
from each field.
The UK Continental Shelf (UKCS) is facing significant challenges
as the province matures. Recovering oil and gas from the North Sea
and the Atlantic Margin is a highly technical, complex, dangerous
and expensive task. |
| |
| Current United Kingdom
Oil Industry News |
Updated :
(MENAFN - ProactiveInvestors - UK) Midcap oil and gas producer Premier Oil (LSE: PMO) achieved the primary exploration target of the 34/5-1 S wildcat well at production license 374 S in the Norwegian portion of the North Sea by making a petroleum ...
Publ.Date : Thu, 11 Mar 2010 12:54:00 GMT
It will pay US firm Devon Energy $7bn (£4.7bn) in cash for its Brazilian assets, as well as US deepwater sites in the Gulf of Mexico. The deal includes 10 exploration "blocks" in Brazil, which has some of the world's largest deepwater oil fields. BP ...
Publ.Date : Thu, 11 Mar 2010 18:09:00 GMT
Under the terms of the deal, BP will also expand its operations in the Gulf of Mexico, where it is already the largest producer of oil and gas, and increase its interests in Azerbaijan. In addition, the UK oil and gas exploration company will receive ...
Publ.Date : Thu, 11 Mar 2010 16:43:00 GMT
... to the Opec oil cartel, wants a state-controlled strategic offshore hydrocarbons authority to ensure big oil companies work more in the national interest. In a new book soon to be published, he argues: "UK oil and gas production has been ...
Publ.Date : Sun, 07 Mar 2010 18:35:00 GMT
NEW YORK, March 11 (Reuters) - Oil slipped below $82 a barrel on Thursday, retreating from an eight-week high hit the previous session, as a spike in Chinese inflation fed concern that potential monetary tightening could dent energy demand in the ...
Publ.Date : Thu, 11 Mar 2010 18:52:00 GMT
LIBREVILLE, March 11 (Reuters) - Gabon's main oil union said it may begin a strike as early as Saturday due to a dispute with the government over whether energy should be on a list of sectors required to provide uninterrupted minimal service. The ...
Publ.Date : Thu, 11 Mar 2010 17:40:00 GMT
Thursday, 11, Mar 2010 12:40 By inthenews.co.uk staff. Oil giant BP has announced today it has secured a deal to begin deepwater offshore exploration for oil off the Brazilian coast. The firm said it would pay US firm Devon Energy £4.7 billion for ...
Publ.Date : Thu, 11 Mar 2010 18:38:00 GMT
LONDON -(Dow Jones)- The following table lists unplanned and planned outages at U.K., Norwegian and Danish oil and natural gas fields in 2009 and 2010 as reported by Dow Jones Newswires from both official and unofficial sources. Operator Field ...
Publ.Date : Wed, 10 Mar 2010 17:20:00 GMT
... is a normal market, currently high prices are lifting supplies while slowing demand; and the development will have implications for palm oil this year, according to Dr James Fry, Chairman of the UK-based global consultancy LMC International Ltd ...
Publ.Date : Thu, 11 Mar 2010 18:52:00 GMT
NEW YORK, March 11 (Reuters) - Oil settled nearly unchanged above $82 a barrel on Thursday amid uncertainty about whether China will tighten monetary policy, which could dent energy demand in the world's second-largest oil consumer. Crude received ...
Publ.Date : Thu, 11 Mar 2010 21:15:00 GMT
|
|
| United Kingdom Oil & Gas
Industry Links |
|
United States Government
United States Department of Energy - Energy Information Administration
- Country Brief - UK
CIA
World Factbook on UK
U.S.
State Department's Consular Information Sheet - UK
Associations and Institutions
Association
for the Conservation of Energy
British
Energy Group Pic
Energy
Institute
Governmental Agencies
The
Department of Trade and Industry - Oil & Gas Directorate
Department
of Trade & Industry's Energy Group
|
