Oil
The latest news, updates and opinions on Oil from the expert team here at MoneyWeek
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Dominion Petroleum set to acquire more 2D dataNews Oil firm Dominion Petroleum is set to acquire 2-D seismic data on Block 7, deepwater Tanzania, in early 2012. By moneyweek Published News
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BP accuses Halliburton of destroying Gulf of Mexico evidence, FT reportsNews The legal battle over last year's oil spill in the Gulf of Mexico is turning increasingly bitter. By moneyweek Published News
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Oilex restarts operations in western IndiaNews 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 News
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Assessing Rockhopper's Falklands campaignNews 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 News
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Wessex raises £12m through placingNews Wessex Exploration, an oil and gas explorer listed on AIM since March, has raised £12m through the placing of 240,000,000 new ordinary shares at 5p per share. By moneyweek Published News
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Solo set to acquire firm with rights to mine in ArgentinaNews Solo Oil is to acquire Ilakon, a wholly-owned subsidiary of Obtala Resources which holds the rights to the Mina El Carmen block in Argentina. By moneyweek Published News
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Plexus gives confident outlookNews Plexus Holdings, the engineering company which serves the oil and gas industries, rose strongly after its chairman gave a bullish outlook on the year ahead. By moneyweek Published News
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Wheels come off as Chariot fails to secure drill rigNews Chariot Oil and Gas, has failed to secure a drilling rig for its exploratory campaign off the shore of Namibia. By moneyweek Published News
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Argos rejects Falklands drilling campaignNews Argos Resources, the Falkland Islands focused oil company, has decided not to participate in the current drilling campaign in the North Falkland Basin. By moneyweek Published News