SONANGOL SHOULD BOLSTER its stake in Portugals Galp Energia as part of its strategy to expand its business abroad, according to oil minister Jose Botelho de Vasconcelos.
p>SONANGOL SHOULD BOLSTER its stake in Portugals Galp Energia as part of its strategy to expand its business abroad, according to oil minister Jose Botelho de Vasconcelos.Exploration
AIM-listed explorer Circle Oil makes $15.1 mn in revenues
In a letter to shareholders, Circle chairman Thomas Anderson said it had achieved an average oil price of $65.90 per barrel in 2009 and a gas price of $7.20 per thousand cubic feet resulting in its first gross profit of $7.37 mn.
p>In a letter to shareholders, Circle chairman Thomas Anderson said it had achieved an average oil price of $65.90 per barrel in 2009 and a gas price of $7.20 per thousand cubic feet resulting in its first gross profit of $7.37 mn.Afren to Acquire Black Marlin Energy
AFREN HAS REACHED an agreement with Black Marlin Energy to acquire all of the issued and to be issued share capital of Black Marlin.
p>AFREN HAS REACHED an agreement with Black Marlin Energy to acquire all of the issued and to be issued share capital of Black Marlin.Acergy and Subsea 7 in merger talks
NASDAQ-LISTED ACERGY and Oslo-listed Subsea 7 are pursuing a merger deal that will see the creation of a combined entity with a combined market value of $5.4 bn.
p>NASDAQ-LISTED ACERGY and Oslo-listed Subsea 7 are pursuing a merger deal that will see the creation of a combined entity with a combined market value of $5.4 bn.IEA warns of big flow drop from driling ban
THE INTERNATIONAL ENERGY Agency (IEA) estimates an extended global moratorium on new drilling could cut potential world offshore output by 800,000 barrels to 900,000 bpd by 2015.
p>THE INTERNATIONAL ENERGY Agency (IEA) estimates an extended global moratorium on new drilling could cut potential world offshore output by 800,000 barrels to 900,000 bpd by 2015.More Articles …
