Oil
The latest news, updates and opinions on Oil from the expert team here at MoneyWeek
Latest
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Faroe and Centrica complete sidetrack well
News Faroe Petroleum, an independent oil and gas company, has reported the completion of a successful initial side-track well on the Butch oil discovery, in which it has 15% stake, located in the Norwegian North Sea.
By moneyweek Published
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Cosalt thrown £5m lifeline by suitor Ross
News Cosalt, the Lincolnshire based company which provides life jackets and safety harnesses for the oil and gas industry has seen its shares jump 28% this morning on news of a new credit facility.
By moneyweek Published
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Petroceltic shares jump on successful well test
News Petroceltic International, the North Africa-focused oil and gas company, says a well test at its Ain Tsila field in Algeria has produced "excellent flow results".
By moneyweek Published
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Results Round-up
News Petroneft Resources, a Russia-focused oil company, has reported that one of its licences could double its production by the end of the first quarter of 2012.
By moneyweek Published
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Petroneft Resources sees production upside
News Petroneft Resources, a Russia-focused oil company, has reported that one of its licences could double its production by the end of the first quarter of 2012.
By moneyweek Published
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Dominion Petroleum set to acquire more 2D data
News Oil firm Dominion Petroleum is set to acquire 2-D seismic data on Block 7, deepwater Tanzania, in early 2012.
By moneyweek Published
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BP accuses Halliburton of destroying Gulf of Mexico evidence, FT reports
News The legal battle over last year's oil spill in the Gulf of Mexico is turning increasingly bitter.
By moneyweek Published
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Oilex restarts operations in western India
News Oilex, the oil exploration company with significant interests in India, says it has restarted operations at its Cambay field in the western state of Gujarat.
By moneyweek Published
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Assessing Rockhopper's Falklands campaign
News Rockhopper Exploration is, perhaps, the most intriguing stock on the AIM exchange. Taken in isolation this oil exploration company, with a market capitalisation of £745m, is interesting in its own right.
By moneyweek Published
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