Media Centre

Falling Demand for Commodities

Falling demand for commodities in general and rising exports from China in industries such as steel are depressing prices across…

UK’s economic output increased by 2.6%

Despite a slight slowdown in the final three months of the year, the UK’s economic output increased by 2.6% in 2014, compared wi…

UK consumer price index iprovides significant boost to the spending power of UK households

In just seven months, between June 2014 and January 2015, the price of a barrel of Brent crude fell from $115 to less than $45. …

International exploration and production activity important for financial performance

Owing to the success of the North Sea since the 1970s, the UK is home to a network of businesses providing support services to t…

North Sea oil and gas production in decline for over a decade

The UK oil and gas industry is centred on one of the most mature offshore basins in the world. However, North Sea oil and gas pr…