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BP in £3bn North Sea investment despite tax

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North sea oil leak solution draws near

19.08.11
A major step towards stopping an oil leak in the North Sea is set to be completed... more

North Sea oil spill biggest in a decade

15.08.11
An oil spill in the North Sea is estimated to amount to several hundred tonnes, making it the biggest such leak in more than a decade, according to UK Government figures... more

BP in £3bn North Sea investment despite tax

13.07.11
BP today fires the starting gun on one of the biggest investments in the North Sea in the past decade, despite protests from the industry over George Osborne's tax grab in the last Budget ... more

Explorers welcome revised tax rules on North Sea oil

05.07.11
The oil industry celebrates the Government's decision to bring in higher tax relief for North Sea explorers... more

Shell cuts North Sea oil hunt after Chancellor's tax raid

28.04.11
Britain's biggest oil major, Royal Dutch Shell, announces it has stopped examining some North Sea projects due to Chancellor George Osborne's Budget raid on profits earned in the waters... more

EnCore enjoys successful repeat with North Sea find

12.04.11
The taxman is set to rake in more from its Budget raid on North Sea oil profits as EnCore Oil celebrates another discovery there... more

Xcite maintains North Sea plans despite Budget

25.03.11
Oil explorer Xcite Energy says it will continue with its North Sea development plans, contrasting with lobbyists' claims that the Budget's £2 billion tax raid on profits from the area would stop investment and risk tens of thousands of jobs... more

Oil industry hits out at chancellor's North Sea tax

23.03.11
The oil industry hits out at plans to hike corporation tax on North Sea profits, which the Chancellor claimed would raise £2 billion a year... more

BP selling North Sea gas fields

22.02.11
BP hoists a "for sale" sign over swathes of its North Sea assets and the Wytch Farm onshore oilfield in Dorset, but claims it is not part of a move to quit UK exploration... more

Nautical climbs on North Sea sale

23.09.10
Oil explorer Nautical Petroleum saw its shares jump 24% today after it raised £87.5 million from the sale of a 20.67% stake in a North Sea licence to Statoil UK... more

Centrica £144m North Sea deal to lift reserves

17.09.10
British Gas owner Centrica spends £144 million on boosting its oil and gas reserves in the North Sea... more

Tony Hayward fends off attacks on BP's North Sea record

15.09.10
BP boss Tony Hayward defends the firm’s safety record in the North Sea to MPs, insisting criticisms have not exposed “any fundamental weakness” ... more

Oil firms up Catcher field estimates again

05.07.10
For the second time in a week the oil companies which are behind the largest discovery in the North Sea have raised their estimates for the amount of oil in the Catcher field... more

Major oilfield find in North Sea

28.06.10
A major new oilfield is discovered in the North Sea which could prove the biggest find off the coast of Scotland for almost a decade... more

Fairfield Energy flotation to boost oil output

17.06.10
North Sea oil and gas group confirms plans to raise $450 million-$500 million in a London Stock Exchange flotation... more

Dana Petroleum's £270m deal for rival Petro Canada Netherlands

14.06.10
Dana Petroleum makes its biggest acquisition, spending £270 million on rival Petro Canada Netherlands... more

Scottish & Southern Energy buys Hess assets for $423m

01.04.10
Scottish & Southern Energy buys $423 million (£279 million) of North Sea gas assets from US energy firm Hess... more

Petrofac and Lundin to float North Sea oilfields

04.03.10
Petrofac and Sweden's Lundin Petroleum will merge their North Sea oilfields and float them on the London stock market in a month's time... more

Petrofac set for 25% profits rise after glut of deal wins

16.12.09
Petrofac, the oil services company, said a rush of contract wins will help its full-year profit soar 25% higher than last year... more

Tullow revenues hit by North Sea cuts

08.07.09
Lower oil prices and a declining interest in the North Sea where it has cut production by a third, has seen revenues at Tullow Oil fall 23% to £290 million in the first half of 2009 ... more

Darling’s oil ‘giveaway’ to keep North Sea taxes rolling in

23.04.09
Energy Analysis: So the Chancellor is giving away money to Big Oil to stimulate one last North Sea boomlet? Not quite... more

Subsidies and tax breaks for ‘low-carbon future’

22.04.09
North Sea oil explorers, windfarmers, gas storers and CO2 capturers have been promised they are Britain’s future as the Chancellor announced a Budget-within-a-Budget for the energy and green technology industries... more

Renewable ‘energy of future’ in line for subsidies and breaks

22.04.09
North Sea oil explorers, windfarmers, gas storers and CO2 capturers have been promised they are Britain’s future as the Chancellor announced a Budget-within-a-Budget for the energy and green technology industries... more

Helicopter had 'catastrophic impact' when it came down in North Sea

02.04.09
The helicopter which crashed in the North Sea suffered a "catastrophic impact" with the water, Scottish Secretary Jim Murphy said... more

North Sea helicopter search resumes at dawn

02.04.09
Rescuers resumed their search at first light for the eight people still missing after yesterday's fatal helicopter crash in the North Sea, but with little hope of finding anyone alive... more

Sixteen are feared dead as helicopter ditches in North Sea

01.04.09
Up to 16 people were feared to have been killed after a helicopter accident in the North Sea... more

High hopes, but we're still blowing hot and cold over wind

19.02.09
Energy analysis: It is being billed as the next North Sea boom. This week the tentative go-ahead was given for the construction of up to 2000 giant turbines off the coast of Scotland... more

Dana boosts output with £122m rival buy

16.02.09
Energy: Dana Petroleum moved to pick off debt-ridden fellow North Sea specialist Bow Valley Energy in a deal that should raise Dana's daily output by as much as a fifth... more


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