Oil
The latest news, updates and opinions on Oil from the expert team here at MoneyWeek
-
Finnish firm to acquire Hamworthy
News Oil and gas firm Hamworthy is set to be acquired by Finnish group Wärtsilä for around £383m.
By moneyweek Published
News -
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
News -
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
News -
Max Petroleum's output reaches record levels
News Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, reached a record level of production on 19 November.
By moneyweek Published
News -
Centrica in £13bn tie up with Statoil
News Centrica, the company which owns British Gas, has signed a deal with the Norwegian company Statoil to buy £13bn worth of gas over ten years.
By moneyweek Published
News -
Trinidad boost for Range Resources
News Oil firm Range Resources has announced a significant upgrade to proved reserves at its mature oil fields in Trinidad.
By moneyweek Published
News -
Genel to start trading Monday
News Oil and gas explorer Genel will start trading on Monday after Vallares, the firm it was recently merged with, issued its Genel prospectus on Friday, three days sooner than expected.
By moneyweek Published
News -
Tullow Oil seals Suriname deal with Statoil
News Tullow Oil, the independent oil major, has sold a 30% stake in its exploration operations in Suriname to the Norwegian company Statoil.
By moneyweek Published
News -
Lamprell on track
News Lamprell, a specialist engineering firm serving the oil and gas industry, is progressing in line with market expectations the firm said.
By moneyweek Published
News