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Range Resources down on drilling update
News Range Resources, the oil and gas explorer, has dropped 3% this morning following the announcement it is yet to reach its target depth at its Albrecht appraisal well in Texas.
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Shell ends final salary pension scheme
News Shell, the Dutch oil and gas company which is listed in London, is to close its final salary pension scheme, the last FTSE 100 company to do so.
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Petrofac buddies up with Schlumberger
News Oilfield services firms Petrofac and Schlumberger are to combine forces on a number of production projects in the emerging and growing production services and production enhancement market.
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Aurelian wins two news licences
News Europe-focused exploration and production company Aurelian Oil and Gas, has been awarded two new licences by the Ministry of Environment in Poland.
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GeoPark finishes 2011 flush with cash
News GeoPark Holdings, a Latin America-focused oil and gas company, was in demand after announcing a positive endto a busy 2011.
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New World open data room to assess potential partners
News Oil and gas investment firm New World Oil and Gas saw its share price surge after announcing that it has established a 'virtual data room' following the receipt of a number of approaches from potential farm-in partners about two promising looking projects it has in Denmark and Belize.
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BP wants $60bn from Halliburton after Gulf of Mexico spill
News BP is claiming its contractor, Halliburton, should pay for the entire clean up following the Deepwater Horizon oil spill in 2010.
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ViaLogy confident of future oil & gas work
News Shares of ViaLogy surged 33% after it said substantial progress has been made in consolidating relationships with major oil and gas exploration companies on three continents during the last quarter of 2011.
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Afren ramp-up ahead of schedule
News African oil producer Afren said combined end-year production at its Ebok, Okoro and Côte d'Ivoire operations has topped previous guidance.
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