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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 may revisit old oil fields  Financial Times
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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.
North Sea oil wins subsidies  CITY A.M.
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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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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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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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IMF chief Christine Lagarde fears oil spike poses serious threat to global ...
Premier Wen Jiabao said last week said that home prices are still too high and vowed to drive the froth out of the market as part of the country's plans for slower but healthier growth.
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Thursday's AIM news: Gold miners
There was mixed news for a tranche of AIM -listed gold companies, as African Mining & Exploration confirmed that the political unrest in Mali has stabilised, while shares in Greatland Gold slipped as the company issued an operational update.
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Premier Foods renegotiates debt covenants
Premier Foods, the indebted maker of Mr Kipling cakes and Hovis bread, has secured a fresh agreement with lenders that extends its �1.2bn loan by two-and-a-half years and resets covenants.
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