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Premier Oil PLC news

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BP and Premier Oil gush on oil-friendly tax relief
BP and Premier Oil celebrated a red-letter day, as they each followed up on an oil-friendly Budget with upbeat announcements.
Budget 2012: Oil companies enjoy unintended North Sea tax 'windfall'
Premier Oil said it had taken the "tough" decision to go ahead with the Solan project prior to the Budget. It had anticipated reaching final decisions on three similar fields it was "very keen on" this year, which, pending policy details, the Budget ...
Oil industry warns of declining North Sea production
Oil production in the North Sea experienced a stark decline in 2011, according to industry body Oil & Gas UK (OGUK).
Budget 2012: Chancellor announces North Sea oil tax relief
Oil and gas firms operating in the North Sea will be guaranteed tax relief for the costs of retiring old rigs and platforms and be given new field allowance totalling �3 billion for large and deep fields to open up west of Shetland.
INVESTMENT EXTRA: Three North Sea oil explorers to watch - Faroe, Xcite and ...
It has access to an extensive database of 3D images of the central North Sea and uses them to identify oil and gas prospects that are likely to be commercial.
South Africa looks for alternatives to Iran oil
South Africa, Africa's largest economy, relies on Iran for about 29 per cent of its oil imports, according to the US Energy Information Administration.
Oil prices: A tale of two tails  Calgary Herald (blog)
Cash for access: David Cameron's private dinners for donors revealed
... oil firm was given Government help to set up a controversial supply deal in Libya, was a private dinner guest of Mr Cameron at Downing Street in November.
Tory sleaze: Ferocious grip of big business on the Conservatives revealed  Mirror.co.uk
How to raise party funds and make British politics popular again  The Week UK
Should I buy shares in Gulf Keystone Petroleum?
Shares in Kurdistan-focused oil firm Gulf Keystone Petroleum (GKP) took a dive on Tuesday as takeover rumours failed to become reality.
Nechirvan Barzani to Take Over as Iraq Kurd Premier on March 7  Bloomberg
An introduction to investing in rare earth minerals
Whether it's wheat, oil, gold or base metals, commodities should form part of a well diversified portfolio. Money Observer's Andrew Pitts profiles three very different ways for investors to access an asset class due a change in fortunes in 2012 in ...
China rare earths quota spurs Japan  Financial Times
Slow reform weighs on Nigerian oil
At its peak, just three years ago, insecurity in the delta cut output in Africa's largest oil producer by up to 40 per cent, to less than 1.7m barrels per day, industry officials say.