Oil
The latest news, updates and opinions on Oil from the expert team here at MoneyWeek
Latest
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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.
By moneyweek Published
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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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Sefton connects to interstate gas pipeline
News Sefton Resources, the US focused oil and gas company, says production will be reduced at its Tapia Canyon site in California as it drills four new wells.
By moneyweek Published
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Cosalt in dire straits
News Cosalt, the struggling Grimsby-based safety company for the oil and gas sector, has said that the firm's cash flow position has continued to deteriorate.
By moneyweek Published
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Premier Oil to focus on UK North Sea
News Oil and gas firm Premier Oil said it had abandoned a well off the coast of Norway and would now move its focus onto UK waters.
By moneyweek Published
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Weir Group to pay $675m for Texas firm Seaboard
News Weir Group, the FTSE 100 engineering company servicing the oil, gas and power sectors, is to pay $675m for the US wellhead specialist Seaboard.
By moneyweek Published
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Finnish firm to acquire Hamworthy
News Oil and gas firm Hamworthy is set to be acquired by Finnish group Wärtsilä for around £383m.
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Rockhopper plugs sidetrack well, shares drop
News Oil explorer Rockhopper Exploration says it has completed drilling a sidetrack well at its 14/10-9z site in the North Falkland's basin.
By moneyweek Published
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Falkland Oil looking for cash
News Falkland Oil and Gas (FOGL) saw its share price drop after reporting that the feasibility of drilling a second well at the Scotia prospect is dependent on securing additional funding.
By moneyweek Published
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