Oil
The latest news, updates and opinions on Oil from the expert team here at MoneyWeek
Latest
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BG in talks to offload stake in Brazilian unit
News Oil and gas giant BG Group was rising higher early on Friday morning, as market chatter speculated that it may be putting a stake in its Brazilian business up for sale.
By moneyweek Published
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Max Petroleum down on dig failure
News Max Petroleum, the western Kazakhstan-focused oil and gas company, has seen its share price drop this morning on news it has failed to find more hydrocarbons at its ASK-2 well in the Caspian Basin.
By moneyweek Published
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Encore shares rise despite delay
News EnCore Oil's share price rose 1.94% to 79p despite the firm announcing that operations on the Tudor Rose well 14/30a-5 in Central North Sea block 14/30a had been delayed by 13 days as a result of bad weather and minor operational delays.
By moneyweek Published
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Rockhopper sees great results at Sea Lion field
News Rockhopper Oil, the Falkland Islands focused exploration company, has said it is just one well away from completing its "very successful" appraisal of the Sea Lion field.
By moneyweek Published
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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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