You are viewing the World Edition
Choose the news you want to read
View the site in World Edition, North American News Edition
UK News Edition or Australian News Edition
Just before last Christmas Edinburgh –based, main LSE- board- listed Melrose Resources said its guidance for 2010 was that it would deliver net production of 17.5 million barrels of oil equivalent (boe) from what you might call
Full story...The latest trading update from Sovereign Oilfield Group, issued last month, had little news to cheer beleaguered investors. As previously reported, the acquisitive oil services group is locked in talks with its lenders after
Full story...Shares in Ithaca Energy ticked over the 90 pence marker in morning trading on Thursday after the AIM and TSX Venture listed company announced a better-than-expected result from well interventions on the Beatrice field in the UK
Full story...The last time we wrote about Circle Oil we said the latest good news was out of Morocco. Circle has two success stories going on in North Africa with what seems like an unbroken string of drilling results from both Morocco and
Full story...When PetroNeft Resources presented at our most recent conference last November, it was just emerging from a rough patch. The AIM company is focused on the resource rich West Siberian Basin, one of the most prolific oil and gas
Full story...Australia’s booming natural resources sector, particularly its massive expansion in LNG capacity, means there is interest in any company claiming to sit on a serious amount of natural gas. And when that gas could lie just 20 km
Full story...Much of the success of Plexus Holdings, the specialist wellhead supplier, has been its ability, even against a backdrop of falling rig counts, to win repeat business and grow its order book. This, says Plexus says, demonstrates
Full story...Gulf Keystone’s potentially company-making find in Iraqi Kurdistan is getting to be one of the most analysed wells around even though it is still some way from full appraisal.
Full story...
Having successfully inked farm-in terms for its promising Sugarkane project at the back end of last year, Aurora Oil & Gas can report an acceleration of activity across the South Texas gas and condensate field including the
Full story...As we’ve noted before on these pages, Tullow Oil is the current darling of the London oil patch. Like Cairn Energy before it, the London-listed company has transformed its fortunes by unearthing major oil finds in under-explored
Full story..."We no longer have a putative project, we have a business". So says Chris Lambert, Chairman of Alton Energy, a London listed, Australia-based company involved in a coal-to-liquids scheme in South Australia.
Full story...Afren plc, the ambitious E&P stitching together a patchwork of development projects in Nigeria, has added to its footprint in the West African energy powerhouse by agreeing joint venture terms with Oriental Energy and Energy
Full story...Petroceltic International plans to return to its Ain Tsila gas/condensate discovery in south-eastern Algeria later this year, keen to sustain the momentum created by its recent three-well programme on this giant structure in the
Full story...As reflected in the recent rally in the share price, now edging towards 90 pence a share, IGas Energy plc, the UK CBM developer, is starting 2010 in good shape. For starters, the AIM-quoted company, which is targeting the gas
Full story...Petroleum had issued a “solid” operations update. The word “Solid” can often be code for a bulletin Broker Ambrian Partners said last week that London AIM listed Gulfsands which is uninspiring and perhaps a little boring.
Full story...It may be keen to build an exploration business in southern England but Norwest Energy has no intention of turning its back on its home territory. The Australian explorer has just signaled its commitment to the North Perth Basin
Full story...Any investor wondering why Tullow Oil has proved such a favourite with investors need only glance at its new releases for the first weeks of 2010. Only three weeks into the new year and the FTSE100 company has successfully
Full story...Well, Randy Bartley, CEO of Toronto and London Aim listed Coastal Energy, always said he thought exploiting the Songkhla B field, on the company’s 100 per cent owned Block G5/43 in the Gulf of Thailand, would be geologically more
Full story...Central Petroleum has got the New Year off to a good start with its five-well campaign in the under-explored emptiness of Australia’s Northern Territory delivering an early discovery. The ASX-quoted company is exploring the coal
Full story...Serica Energy has agreed farm-out terms for the Conan prospect in the East Irish Sea, ensuring its own drilling plans in UK waters are fully funded and bringing new blood onto the UKCS. TSX- and AIM-quoted Serica signed the
Full story...For more news stories visit the archive.
