Argentina’s Plan to Seize Assets of Falklands Oil Drillers Criticised by the UK

• Tuesday, 30th June 2015
• by Egypt Oil & Gas

Britain on Monday accused Argentina of a politically motivated and illegal attack on the nascent oil industry around the disputed Falkland Islands, after Buenos Aires said it would seek to seize the assets of driller ...

Cuadrilla Verdict in UK Sets Prospects for Shale Gas Back

• Monday, 29th June 2015
• by Egypt Oil & Gas

Prospects for the shale gas industry in the UK have suffered a setback after county councillors voted against plans for exploratory fracking.

UK Gets Involved in Spat Between Guyana, Venezuela Over Oil

• Monday, 15th June 2015
• by Egypt Oil & Gas

British High Commissioner to Guyana, James Gregory Quinn has dismissed Venezuela’s most recent claim on Guyana’s oil rich Essequibo Coast, stating that it lacks solid grounds. Venezuela’s President Nicholas Maduro on ...

Rebound in North Sea Oil Fuels UK GDP Growth

• Thursday, 11th June 2015
• by Egypt Oil & Gas

A rebound in North Sea oil production in the three months to May helped the UK double its growth rate to 0.6% from the first quarter of the year, handing the Treasury a much-needed boost.

Downturn in North Sea Oil and Gas Will Put Scotland Behind UK

• Monday, 8th June 2015
• by Egypt Oil & Gas

Growth in Scotland will lag further behind the UK in coming years as the downturn in the North Sea oil and gas industry takes a heavy toll on the country, economists have predicted.

British Oil Production Threatened by First Strike in Decades

• Wednesday, 20th May 2015
• by Egypt Oil & Gas

North Sea oil production could face severe disruption from a threatened strike by unions that would add to the strain already placed on drillers by falling oil prices.