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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.
Premier Oil eyes growth opportunities after profit jump  Reuters UK
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.
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 ...
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)
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.
Sudan and South Sudan in fierce oil border clashes
Clashes have broken out in oil-rich border areas between Sudan and South Sudan in what has been called the biggest confrontation since the countries split last July.
Brazil to charge Chevron executives over fresh oil leak
Brazilian prosecutors say they will bring criminal charges against 17 executives from the US oil company Chevron and drilling contractor Transocean after a new leak of crude.
Brazil Bars Oil Workers From Leaving After Spill  New York Times
Updated: Argentina threatens banks over Falklands' companies
Argentina claims that "the resolution of the sovereignty dispute between the two countries is pending" and warns: "We inform that the Argentine Government will institute appropriate legal proceedings against any oil company currently involved in ...
Gas flare at oil platform 'extinguishes itself'
The flare on the crippled North Sea oil platform at the centre of a gas leak has extinguished itself, the oil company Total has confirmed.
Gas-leak rig: explosion risk averted as flare burns itself out  Herald Scotland