Oil
The latest news, updates and opinions on Oil from the expert team here at MoneyWeek
Latest
-
Silvermere dives on installation delay
News Shares in Silvermere, an independent oil and gas company, dived after the firm announced a delay in production plans for the I-1 Well on its Mustang Island asset located in Texas waters in the Gulf of Mexico.
By moneyweek Published
News -
DCC to buy Swedish fuel firm
News Dublin-based business services firm DCC is to buy Swedish heating oils and transport fuel firm Swea Energi for €22.7m .
By moneyweek Published
News -
Frontier Oil to manage jet fuel services at 15 new airports
News Independent oil and natural gas supply company Frontier Oil has today announced an agreement between its subsidiary South China Bluesky Aviation ("Bluesky") and China National Aviation Fuels.
By moneyweek Published
News -
Parkmead invests in 'attractive' North Sea blocks
News AIM-listed oil and gas group Parkmead has acquired four separate 20% stakes in Blocks 47/4d, 47/5d, 47/10c and 48/6c in the UK Southern North Sea.
By moneyweek Published
News -
Fortune Oil expands LNG operations
News Shares in China-focused oil and gas group Fortune Oil jumped on Friday after the firm said it intends to build a liquefied natural gas (LNG) production plant in Xinyang.
By moneyweek Published
News -
BP to receive $250m oil spill settlement from Cameron Intl
News US-listed oil and gas equipment firm Cameron International Corporation, the company which designed and manufactured the Deepwater Horizon 'blowout preventer', is to pay UK oil titan BP $250m to settle all claims between them related to last year's oil disaster.
By moneyweek Published
News -
Baltic Oil shares plummet
News Shares in Baltic Oil Terminals dived 35% on the same day the group resumed AIM trading following the release of its interim report which showed a decline in earnings per share (EPS).
By moneyweek Published
News -
Contract losses hit Wood Group
News Shares in oilfield support services giant Wood Group dropped after the firm admitted international performance for the year ended 31 December will be below expectations.
By moneyweek Published
News -
BG to earn $3bn in planned Karachaganak 10% sell-off
News Oil and gas giant BG Group is set to receive $3bn in return for reducing its stake in the giant Karachaganak gas-condensate field in north-west Kazakhstan by one-tenth.
By moneyweek Published
News