Oil
The latest news, updates and opinions on Oil from the expert team here at MoneyWeek
Latest
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Solo strengthens duet with Reef Resources
News Solo Oil's joint venture partner Reef Resources has secured additional funding through a private placing of shares, and this has triggered the second influx of funding from Solo to Reef.
By moneyweek Published
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Parkmead falls as losses deepen
News Shares in independent oil and gas firm Parkmead took a tumble after pre-tax losses more than doubled for the year ended 30 June.
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Cosalt agrees to sell out to chairman
News The haggling over price between oilfield safety equipment provider Cosalt and its chairman, David Ross, is over, and judging by the share price reaction, the directors of the crisis-torn firm spent most of the negotiations bent over an oil barrel.
By moneyweek Published
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Heritage down on Ugandan ruling
News Oil and gas firm Heritage Oil took a tumble on Thursday after a Ugandan tribunal ruled against it in its tax dispute with the Ugandan government.
By moneyweek Published
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Caza Oil and Gas up on drill results
News Caza Oil and Gas, the Houston-based exploration company, says re-entry operations at its Caza McMillan #1 Well have been successful.
By moneyweek Published
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Max Petroleum makes new Kazakhstan discovery
News Max Petroleum, the Kazakhstan focused oil and gas company, says test results show its ZMA-A19 development well may contain a reservoir of oil 28 metres thick.
By moneyweek Published
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Bowleven makes new discovery off Cameroon Coast
News Bowleven, the West Africa focused oil and gas exploration company, says it has found more hydrocarbons at its Sapele-3 well off the coast of Cameroon.
By moneyweek Published
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Amerisur Resource granted modification to licence
News Amerisur Resources, an oil and gas producer and explorer focused on South America, has been granted a modification to its Global Environmental Licence, over an increased area of 4,480 hectares.
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Lansdowne receives 3D seismic survey data
News Lansdowne Oil and Gas has received the processed three-dimensional (3D) seismic surveys carried out this summer over the Amergin, Rosscarbery and Midleton prospects in the North Celtic Sea Basin, offshore Ireland.
By moneyweek Published
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