Industry Developments

The Elgin crisis shows signs of abating as gas volumes leaking from the platform fall to a quarter of the level recorded when the leak began on March 27 2012. Operator Total is taking... 2012-05-11

We expect Total to underperform most of its international oil company (IOC) rivals in 2012 as the Elgin crisis and Europe's refinery woes are likely to weigh on earnings. Given that... 2012-05-03

Oil major Royal Dutch Shell is considering a move into the UK shale gas sector, according to reports by The Daily Telegraph. While this is encouraging, we do not anticipate that Shell... 2012-04-30

Oil major Royal Dutch Shell has posted a strong set of Q112 results. High oil prices and a 1.4% year-on-year rise in production drove overall earnings growth of 13.6%. The performance... 2012-04-26

A report commissioned by the Department for Energy and Climate Change (DECC) has recommended that hydraulic fracturing, or fraccing, operations should resume in the UK subject to careful... 2012-04-18

Wintershall's Skarfjell has become the latest in a series of impressive Norwegian North Sea discoveries. The rich pickings are a real opportunity for independents keen to appraise the... 2012-04-16

View: Upward revisions in our forecasts for Canada's oil production have bolstered its Rewards score, further increasing the score gap between it and the United States. The sheer size... 2012-04-04

BP is reportedly the latest oil major to consider a divestment of mature non-operated North Sea assets. BMI expects this trend to continue as changes to the fiscal and regulatory... 2012-03-26

The Chancellor's changes to the regulatory and fiscal regime for oil and gas producers in the North Sea are very welcome. In particular, greater certainty over decommissioning tax relief... 2012-03-23

UK-listed Ireland-focused independent Providence Resources reported on March 15 2012 that its latest appraisal well at the offshore Barryroe field flowed 42° API oil at a rate of over... 2012-03-19