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With oil above US$80, OPEC ministers kicked off their first meeting for 2010 leaving output unchanged. The dollar stayed weak and economic data showed signs of improvement. In early trading on Friday, the oil price was still
Full story...Investors in Aminex had reason to cheer this week as the company’s first well on its long-dormant Shoats Creek property in Louisiana came good, finding evidence of the black stuff in the Cockfield sands. Shares in the
Full story...Last month we reported that Chile-focused GeoPark Holdings was eying acquisition opportunities elsewhere in Latin America to diversify its portfolio of E&P properties. One month on and the AIM-quoted company has joined forces
Full story...Preliminary results from Alkane Energy, the London listed AIM the alternative energy company that owns and operates power generation plants using coal mine methane (CMM) as fuel, were broadly in line with expectations.
Full story...Oilbarrel.com has made something of a home-from-home in The Brewery on Chiswell Street, site of Samuel Whitbread’s brewing operations in the 18th and 19th centuries, with the historic buildings proving a pleasant and increasingly
Full story...The oil market welcomes any news of an increase in energy demand and this week, the Chinese delivered this much-needed boost to the market, and helping to maintain the strength we’ve seen in the oil price. This has been the
Full story...Oilbarrel.com’s 32nd conference started not with a bang but a cloud of smoke as a fire on the City limits, from which oilbarrel’s HQ was not immune, sent smoke drifting across the Square Mile. Still oilbarrel.com delegates are a
Full story...Tullow Oil is now in countdown mode to first oil from one of the company-making African discoveries that have catapulted the E&P into the FTSE100. Phase 1 of the Jubilee field development offshore Ghana is due onstream in Q4
Full story...Europa Oil & Gas, which is due to present at Thursday’s oilbarrel.com conference in London, has taken steps to refocus its portfolio on Europe, where recent months have delivered drilling successes in two of its three core areas.
Full story...London main board LSE listed Hardy Oil & Gas is a full cycle E & P company with production, development and high impact exploration prospects, mostly, but not entirely, in India. The emphasis in the 2009 preliminary results
Full story...For a relative newcomer to the exploration scene, Cove Energy is setting an impressive pace. Less than a year after it was formed through the acquisition of an AIM cash shell, Cove has clocked its first discovery. What’s more,
Full story...Unlike North America and Australia, where coal bed methane resources are making significant contributions to energy supplies, operators in Western Europe have been slow to grasp the resource opportunities presented by the gas
Full story...The oil price is maintaining a healthy run, managing to stay around US$80 for the past 2 weeks. Oil producers will be hoping this trend will continue as they prepare for OPEC’s first meeting of 2010. In early trading on Friday,
Full story...When we last reported on Leed Petroleum, we made the point that after a difficult year in 2009 the company was in effect starting anew with its drilling effort.
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Just as production was marching in the right direction for ASX-listed Victoria Petroleum, the rain has put a halt to play. Ongoing heavy rains in northern South Australia have caused basin-wide flooding in the Cooper Basin, one
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PA Resources awards contract for seismic acquisition in Block 8, West Greenland
