Middle-east Arab News Opinion | Asharq Al-awsat

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Britain’s Prime Minister Cameron visits the BP Eastern Trough Area Project oil platform is seen in the North Sea, around 100 miles east of Aberdeen. (Reuters/Andy Buchanan)

Britain revamps North Sea oil sector as it seeks to keep Scotland

by Asharq Al-Awsat | Feb 24, 2014 | Business

London, Reuters—The British government on Monday promised to make it easier and quicker to unlock hard-to-extract North Sea gas and oil as part of its efforts to persuade Scotland to remain part of the United Kingdom. Acting on its first review of the industry for two...

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Employees of China National Petroleum Corporation carry out routine checks at a gas refinery in Suining, Sichuan province, on November 19, 2009 (REUTERS/Stringer)

BP ranks Iran first in world gas reserves

by Asharq Al-Awsat | Jun 17, 2013 | Business

London, Asharq Al-Awsat—British oil giant BP has reduced its estimates of global gas reserves for the first time in decades, and has moved Iran to the head of the list of states with the largest reserves of natural gas. In the latest review of world energy supplies...

Media ID: 55305268
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TAQA’s Comorant Alpha oil platform, in the North Sea (TAQA)

TAQA completes North Sea acquisitions

by Andrés Cala | Jun 11, 2013 | Business

London, Asharq Al-Awsat—The Abu Dhabi National Energy Company announced earlier this month that it has completed the acquisition of several of BP’s North Sea assets. The company, commonly known as TAQA, is listed on the Abu Dhabi Securities Exchange, and is 72.5%...