Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

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United Kingdom Articles

Industry

Norwegian land drilling contractor Ability Drilling has been awarded a US$19.3mn contract by Scottish and Southern Energy (SSE) to drill gas storage caverns at the Aldbrough project... 2008-08-07


Companies

China Petroleum & Chemical Corporation (Sinopec) has made an approach to UK-listed Imperial Energy.

2008-08-04

Economy

UK Prime Minister Gordon Brown is expected to resist mounting pressures calling for a windfall tax to be levied on energy companies. Instead the government is reportedly working on... 2008-08-04


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Political Risk

Royal Dutch Shell has reported a 33% year-on-year (y-o-y) increase in net income on the back of record crude oil and higher natural gas prices. The results failed to exceed analysts'... 2008-07-31


Economy

British major BP has reported record quarterly profits in Q208. BP saw a 28% increase in Q2 profit from US$7.37bn in Q207 to US$9.46bn in Q208, largely attributed to high crude oil... 2008-07-29


Companies

US major ConocoPhillips has started producing from its Callanish and Brodgar fields, which are part of the Britannia Satellites development, in the UK's section of the North Sea.... 2008-07-29


Companies

The British government faced criticism on July 25 for attempting to water down the language of a piece of European legislation mandating priority access to the National Grid for wind... 2008-07-25


Companies

Britain's BG Group has reported a record 92% increase in operating profit to GBP1.43bn (US$2.9bn) for Q208 compared with Q207.

2008-07-24
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