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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.
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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).
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.
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Faroe Petroleum, Xcite Energy and Valiant Petroleum: Three North Sea oil ...
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.
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Monday's AIM news: Oil & gas
Magnolia Petroleum (MAGP) has acquired an oil and gas lease, comprising a 12.5% working interest with a 9.375% net revenue interest, in Oklahoma.
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South Africa looks for alternatives to Iran oil
The South African government plans to have alternatives to Iranian oil in place by the end of May as western powers tighten sanctions against the Islamic republic, the country's energy minister said on Tuesday.
Oil prices: A tale of two tails  Calgary Herald (blog)
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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 ...
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Roberto Mancini: Manchester City will win Premier League title
'Until now we have had a fantastic Premier League, we need to continue like this. 'It is better to stay on the top - always - but I said a month ago it could be that we will go into the second position.
Carlos Tevez hits the sweet spot on return to Man City  The Week UK
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Chinese property stocks hit as easing hopes fade
Chinese stocks had their worst day of 2012 after Premier Wen Jiabao said the government would maintain its crackdown on property speculation because house prices were still far too high.
Wen Jibao calls for 'urgent reform; warns against another 'Cultural ...  MercoPress
China warns of property 'chaos'  Financial Post
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Slow reform weighs on Nigerian oil
Imo Itsueli had no problem finding oil in the Niger delta, or even extracting it. His troubles started when the crude was loaded on to a barge for a nine-hour journey through the forested creeks to the port.
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