Use our industry guide to find key background information, market research, import and export guidelines, statistics, legislation, trade bodies and trade publications.
The Business & Industry Guides series is produced by the Library & Information Service for ICAEW members and ACA students.
We can compile tailored key players reports, mailing lists, market reports, benchmarking reports and industry news. Our enquiry team can also research other industry-specific information, such as taxation, for you. Call us on +44 (0)20 7920 8620 or email email@example.com.
Trends and forecasts
The library provides full access to articles from leading business, finance and management journals.
Annual publication from BP projecting long-term trends in energy production, trade and consumption around the world. The full report, individual region and country factsheets and Excel data tables are available to download.
Oil and gas industry outlook 2023
Annual publication from Deloitte exploring the trends shaping the global oil and gas industry.
A Sea Change: The future of the North Sea Oil & Gas
Report published by PwC in 2016, examining the future of the North Sea hydrocarbon basin over the next fifty years.
Market research reports focusing on this business sector are available from a number of market research specialists. In most cases these reports are available to fee-paying subscribers or on a pay-as-you-go basis.
Industry profiles and SWOT analyses
Industry profiles give an overview of market size in different countries or regions, the competitive landscape and provide a forecast of market performance. These profiles are available exclusively for ICAEW members and ACA students through the Library & Information Service.
If you’re looking for industry profiles for regions or countries not listed above, please contact the Library on +44 (0)20 7920 8620 or email firstname.lastname@example.org.
SWOT analyses examining the strengths, weaknesses, opportunities and threats for major companies operating in this sector are available.
If you experience any problems accessing these resources, please see our online resources troubleshooting FAQ.
Other market research specialists
Some free information is available from the following market research specialists, ranging from industry news to executive summaries of the reports.
Research reports for the oil and gas industry are available from Euromonitor, with a range of global, country and company level reports. Each report provides a contents listing and a useful executive summary reporting on the key trends in each country report.
Business and industry research specialists offering reports on a wide range of sectors. Topics include crude petroleum extraction; natural gas extraction; petroleum and natural gas support activities; petroleum refining; and industrial gas manufacturing. Report snapshots, table of contents and a sample report are available. The company also produces global industry research reports.
Report from Mintel covering the UK energy industry. The website includes a summary and the option to view a contents listing.
Need to find the latest news on this industry sector? We can carry out industry news searches using a range of trade titles and general business sources through our databases. To discuss your requirements, please contact the enquiry team on +44 (0)20 7920 8620 or at email@example.com.
Statistics on the UK
Department for Energy Security and Net Zero
Office for National Statistics
The Annual Business Survey (ABS) from the Office for National Statistics collects financial information covering UK production, construction, distribution and service industries. Statistics available include:
- number of enterprises;
- total turnover;
- approximate gross value added at basic prices;
- total purchases of goods, materials and services;
- total employment costs;
- total net capital expenditure;
- total net capital expenditure – acquisitions;
- total net capital expenditure – disposals;
- total stocks and work in progress – value at end of year;
- total stocks and work in progress – value at beginning of year;
- total stocks and work in progress – increase during year.
The dataset Non-financial business economy, UK: Sections A to S includes statistics for:
- Extraction of crude petroleum and natural gas (06)
- Support activities for petroleum and natural gas extraction (09.1)
See Section B: Mining and quarrying.
Statistics on Europe
Eurostat, the EU statistics hub, collates detailed Structural Business Statistics giving the latest figures for industry, construction, trade and services by sector and country. The indicators available include:
- number of enterprises
- turnover or gross premiums written
- production value
- value added at factor cost
- gross operating surplus
- wages and salaries
- social security costs
- gross investment in tangible goods
- gross investment in land
- gross investment in existing buildings and structures
- gross investment in construction and alteration of buildings
- gross investment in machinery and equipment
- number of employees
- number of persons employed per enterprise.
Statistics within the database are available for:
- Extraction of crude petroleum and natural gas (B06)
- Support activities for petroleum and natural gas extraction (B091)
See database section ‘SBS – industry and construction’.
Statistics on Asia
- crude oil production
- natural gas production
- petroleum products exports and imports
- crude oil exports and imports
- trends by country
- major markets of crude oil and petroleum products
- major suppliers of crude oil and petroleum products.
The Energy Institute produces an annual Statistical Review of World Energy containing detailed data on reserves, prices, trade, production and consumption of different energy sources broken down by country, region and sector. Historical data is also available to download. The report covers oil, natural gas, coal, nuclear energy, hydroelectricity, renewable energy and primary energy.
International Energy Agency
The International Energy Agency (IEA) publishes several annual statistical reports on the sector, including Oil Information. Each report contains detailed country-by-country data and analysis of historical and current market trends. They can be purchased from the OECD and IEA bookshops.
- number of employees
- number of establishments
- value added
- total wages and salaries.
Statistics by country are available for:
- Refined petroleum products (2320)
UN Commodity Trade Statistics Database (Comtrade)
The UN compiles and publishes international import and export statistics in the Commodity Trade Statistics Database (Comtrade), giving figures for goods traded by value, quantity and weight for each country.
Statistics are available for:
- Mineral fuels, oils, distillation products, etc (27)
UN Industrial Commodity Statistics Database
The UN provides statistics on the quantity of goods produced by country in the Industrial Commodity Statistics Database.
Figures are available for:
- Crude petroleum and natural gas (12)
- Coke-oven gas (17)
- Gasworks gas (17)
The Office for National Statistics publication Annual Survey of Hours and Earnings (ASHE) includes average employment costs within this sector which can be found in Table 14. Average employment costs are provided for full-time employees, part-time employees and all employees.
The data includes average employment costs for:
- managers in mining and energy;
- science and technology professionals;
- science and engineering technicians;
- chemical and related process operatives;
- energy plant operatives.
The annual Business Register and Employment Survey (BRES), published by the Office for National Statistics, includes total employee and employment estimates for different industries for Great Britain and the UK. Figures are broken down to show full-time/part-time and public/private splits. The dataset Industry – Business Register and Employment Survey (BRES): Table 2 includes statistics for:
- Extraction of crude petroleum and natural gas (06)
- Support activities for petroleum and natural gas extraction (091)
Please see individual country profile pages for links to sources of national statistics.
Legislation and regulation
The Department for Business, Energy & Industrial Strategy oil and gas website Oil and gas: offshore environmental legislation provides links to relevant regulations, codes of practice, reports and guidance notes.
Import and export
The Trade Tariff is a useful Gov.uk database listing tax, duties and licenses for the import and export of goods between the UK and other countries. The database is searchable by product or commodity code and results can be filtered by date and country. Information also includes links to relevant conditions and regulations.
See import and export information for:
UK key players, ratios and trends
We can produce reports on this sector using selected information from the FAME company database. Reports are available for:
- Extraction of crude petroleum and natural gas
UK SIC (2007) Code 06.00
- Support activities for petroleum and natural gas extraction
UK SIC (2007) Code 09.10
Summaries of the three types of report we can produce are given below. You can find further information, a sample report, pricing details and an online order form on our industry sector reports page.
We also operate a bespoke reports service with results tailored to your specifications. Please contact our enquiry team on +44 (0)20 7920 8620 or at firstname.lastname@example.org to discuss your requirements.
Key players report
Our key players report looks at the top companies (by turnover) in any one of the segments within this sector. Reports usually include the top 100 companies but in more specialised sectors with fewer than 100 companies we show all companies with disclosed figures. The reports provide data on 11 comparative fields for the last available year, including:
- profit margins;
- returns on shareholder funds;
- solvency ratios
- number of employees.
Our reports enable easy comparison of the top companies in this sector against each other and against the sector median, average and standard deviation in each of the 11 fields.
A separate mailing list report is also available with address and contact details for the top companies in any of the segments within this sector.
Our market reports look at the aggregated data for the top companies (by turnover) for any of the segments within this sector across all the fields usually found in a company report. The reports include data for the last 10 years* and enables easy comparison of trends for the whole sector. Reports usually include the top 100 companies but in more specialised sectors with fewer than 100 companies we show all companies with disclosed figures.
*Please note the number of companies for which data is aggregated will vary for any given year.
The market reports include sections on:
- key financials and employees;
- profit and loss account;
- balance sheet;
- cash flow statement;
- financial ratios;
- financial trends and changes;
- profitability trends and changes.
We offer benchmarking reports that can be used to inform your own business strategy or help you identify value-added services to offer to your clients.
Contact the enquiry team directly on +44 (0)20 7920 8620 or at email@example.com for a report tailored to your own specific requirements.
The websites of trade bodies in this sector are a useful source of industry overviews, contacts and statistics.
Trade journals and publications
Trade journals, B2B magazines and specialist consumer magazines are another useful source of news and statistics.
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