Oil News in United Kingdom

Golden Eagle, Piper & Claymore Owners Renew exporting Oil to Flotta Terminal
4/18/2022 - Repsol Sinopec Resources UK Limited today announced that the Golden Eagle, Piper and Claymore field owners have executed new agreements reaffirming their commitment to export produced oil to the Flott...
Prax Agrees Exclusive Crude Oil Supply Arrangement with Trafigura
3/1/2021 - The Prax Group, a leading independent oil refining, trading, storage, distribution and retail conglomerate dealing in petroleum products and bio-fuels, has announced that it has completed an exclusive...
PM Announces the UK Will End Support for Fossil Fuel Sector Overseas
12/12/2020 - The Prime Minister will announce [12th December] that the UK will end direct government support for the fossil fuel energy sector overseas, as he opens the Climate Ambition Summit.

The wor...
UK Oil Economy - June 2016
UK Oil Economy - June 2016 6/18/2016 - The most important question currently is certainly the effect a UK exit from the EU and the effect that this may have on the former’s economy. It seems somewhat obvious that the effect might by signif...
OECD Europe Oil Demand in January 2016
1/28/2016 - Following several months of increasing oil requirements, European oil demand switched to become marginally negative y-o-y in October, decreasing slightly for the second month in 2015. ...
OECD Europe Oil Demand in July 2015
8/5/2015 - European oil demand increased in May 2015 y-o-y, for another month, in line with the improvements in the economy in many parts of the region. The magnitude of increase was, however, smaller than in pr...
OECD Europe Oil Demand in March 2015
7/2/2015 - European oil demand continues to appear strong in the first four months of 2015, particularly in the 1Q. The reasons behind these positive developments are the improving economy in large parts of the ...
BP Shares Rise, Traders Cite Talk of Bid from Shell
BP Shares Rise, Traders Cite Talk of Bid from Shell 12/2/2014 - Shares of UK energy major BP rose more than 3 percent with several traders citing market talk of a takeover bid from rival Royal Dutch Shell. ...
OECD Europe Oil Demand in March 2014
4/8/2014 - The latest available data for the European Big 4 oil consuming countries in January 2014 displays a falling trend y-o-y. Losses in requirements for fuel oil and other products have been only partly of...

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