Archive

1982 Jan 14 - 1985 Nov 12
Prime Ministerial Private Office files

PREM19/1474
Energy (Future of British National Oil Corporation (BNOC): flotation of Britoil, BNOC oil-producing business) (Part 5)

Document type: File list item
Source: TNA, PREM19 series
Release date: 2014 Dec 30
Classification: Secret
Page count: 282
Any docs withheld? 5

PREM19/1474 - download whole file (PDF, 48.34 MB)

Selections from this file

Showing items 1 - 20 of 44

Per page:
Date Value Titlesort descending
82 Oct 27 We Major Energy: Alan Walters minute to Michael Scholar ("Britoil") ["method of floating... there is a proposal, apparently to be agreed between Energy and the Chancellor, for a rather peculiar loyalty scrip which might pre-empt... [MT's] decision"] [declassified Dec 2014]
84 Jun 15 Fr Major Energy: Andrew Turnbull minute to MT (BNOC Review) [Walker argues for rentention, with review in 2 to 3 years; Policy Unit argues for abolition; Lawson undecided; MT sees retention as lesser of two evils] [declassified Dec 2014]
85 Nov 12 Tu Major Energy: Buchanan-Smith PS letter to Biffen PS ("Establishment of Oil and Pipelines Agency") [Parliamentary announcement of successor body to BNOC] [declassified Dec 2014]
82 Nov 24 We Major Energy: Central Policy Review Staff letter to Lawson ("BNOC Trading after the separation of Britoil") [objectives and criteria] [declassified Dec 2014]
82 Nov 22 Mo Major Energy: Chancellor of the Exchequer letter to Lawson ("BNOC Trading After the Separation of Britoil") [limiting risks; starting capital] [declassified Dec 2014]
82 Aug 11 We Major Energy: Chancellor of the Exchequer letter to Lawson ("BNOC Trading After the Separation of Britoil") [limits on financial exposure] [declassified Dec 2014]
85 Apr 15 Mo Major Energy: Chancellor of the Exchequer letter to Peter Walker ("BNOC and the Future of the Government Pipeline System (GPSS)") [endorses examination of scope for efficiency savings within present management structure in context of "longer term options... including privatisation"] [declassified Dec 2014]
85 Mar 25 Mo Major Energy: Chancellor of the Exchequer letter to Peter Walker ("BNOC and the Future of the Government Pipeline System") [timeline for completion of report on GPSS] [declassified Dec 2014]
84 Jun 21 Th Major Energy: Chancellor of the Exchequer letter to Peter Walker ("BNOC Review") [agrees to retaining BNOC at present size & with current objectives for the present, and to review in two or three years' time] [declassified Dec 2014]
85 Mar 20 We Major Energy: Chancellor of the Exchequer letter to Peter Walker ("BNOC's Price for March") ["we should move to market related pricing... not convinced that the oil companies would mount a legal challenge"] [declassified Dec 2014]
85 Mar 18 Mo Major Energy: Chancellor of the Exchequer letter to Peter Walker ("BNOC's Prices for March and the Second Quarter") [supports move to market-related pricing; requests redraft of BNOC telex to suppliers, to "convey greater urgency and enthusiasm about the run-down"] [declassified Dec 2014]
83 Dec 14 We Major Energy: Chancellor of the Exchequer letter to Peter Walker ("BNOC: 1984 First Quarter Prices") [approves proposal to retain existing prices, despite risks] [declassified Dec 2014]
85 Mar 12 Tu Major Energy: Chancellor of the Exchequer minute to MT ("BNOC") [supports Walker's draft announcement to Parliament on run-down of BNOC; pipeline/royalty in kind] [declassified Dec 2014]
83 Jul 5 Tu Major Energy: Chancellor of the Exchequer minute to MT ("Funding: Sale of BP Shares") ["to make an early start on the programme of disposals, and to assist in containing the PSBR"] [declassified Dec 2014]
85 Mar 13 We Major Energy: Chancellor of the Exchequer PS letter to Peter Walker ("BNOC") [Lawson comments on draft announcement to Parliament on run-down of BNOC] [declassified Dec 2014]
85 Mar 12 Tu Major Energy: Heseltine letter to Peter Walker ("BNOC") [Government Pipeline System: problems posed by privatisation; alternative options] [declassified Dec 2014]
85 Mar 20 We Major Energy: Howe minute to Peter Walker ("BNOC Prices") ["I agree BNOC should move to market pricing"; announcement of BNOC abolition] [declassified Dec 2014]
83 Jun 28 Tu Major Energy: Howe minute to Peter Walker ("BNOC Third Quarter Prices") ["a welcome sign of further stabilisation in the oil market"] [declassified Dec 2014]
85 Mar 11 Mo Major Energy: Howe minute to Peter Walker ("BNOC") [no objections to Walker announcing abolition of BNOC, subject to informing other interested governments in advance; anticipates negative reactions from oil producers] [declassified Dec 2014]
83 Sep 22 Th Major Energy: Howe minute to Peter Walker ("BNOC: Fourth Quarter Prices") [endorses no change to prices and contacting suppliers "to reduce the risk of upsetting the market"] [declassified Dec 2014]