United Kingdom

BMI View: The arrival of a new cargo at the Coryton refinery should provide PwC with 'vital breathing space' to negotiate a strategic sale of the plant. We believe that, despite Petroplus'... 2012-02-07

The upstream arm of Thailand's national oil company, PTTEP, has identified itself as a possible bidder for UK-listed independent Cove Energy.

Higher investment is set to slow the long-term decline of the UK's production output and reserves. Production growth is likely to be driven by the prolific West Of Shetland area where... 2012-01-12

BMI View: Petroplus, Europe's largest independent refiner, has decided to shut down three mid-scale plants in a clear sign that the downstream sector is in disarray. With worsening... 2012-01-04

Total's investment in the Elgin and Franklin fields demonstrates a continued commitment to its large-scale North Sea projects. It is also an indication that Total is seeking to balance... 2011-12-07

BMI View: A US$1.6bn transaction between Statoil and Centrica is likely to be accretive for both companies. For Centrica, the deal represents further upstream expansion as well as an... 2011-11-21

Shell's troubles at Gannet Alpha are one step closer to resolution after gas from the faulty pipeline was successfully vented. Now that the line has been isolated, production from... 2011-11-07

A report commissioned by Cuadrilla Resources has found that horizontal fracturing was the probable cause of earth tremors in north west England. Although the findings are unlikely to... 2011-11-03

UK independent Hurricane Exploration announced on November 1 2011 that it had completed testing operations at its Whirlwind discovery well offshore the UK, in West of Shetland (WoS)... 2011-11-02

Royal Dutch Shell has posted another bumper set of results for Q311. The oil major's bottom line was boosted by high realised oil and gas prices, despite a slight fall in production.... 2011-10-28