United Kingdom

Poland-focused shale gas explorer 3Legs Resources has said that it will be able to prove its blocks in the country are commercially viable by mid-2013.

The collapse of BP's deal with Rosneft is a major blow to the company's post-Macondo strategy, and the company now finds itself in crisis in its two most important markets, the US and... 2011-05-17

Anglo-Russian joint venture (JV) TNK-BP has reportedly proposed an audacious move to replace British major BP in its US$16bn share swap deal with Russian state-owned oil giant Rosneft.

British major BP's Russian adventure is off to a rocky start.

British major BP has said that it wants to enter into fast-track arbitration with its Russian joint venture (JV) company TNK-BP over a dispute arising from its tie-up with state-run... 2011-01-31

While overall refined products market sentiment has improved, thanks to some positive macroeconomic indicators, the glut of distillate stocks has weighed on traders and cast a shadow... 2009-09-17

An 8% fall in crude prices between the end of August and the first week of September gave the fleeting impression that the parlous state of oil market fundamentals had triggered a... 2009-09-16

Having led the way among refined products on the hopes of a strong US driving season, the strength of gasoline has been undermined by stock data and disappointing demand. In July,... 2009-08-17

London-listed Regal Petroleum announced on June 12 that it had raised around US$104.7mn (GBP63.8mn) through a share sale, after talks to raise debt failed.

News: Anglo-Russian joint-venture (JV) TNK-BP has announced that it will increase capital expenditure (capex) by US$400mn to expedite development work at fields where progress has... 2009-06-05