Tullow, an Irish oil and gas explorer stated that its project in West Africa is on schedule. The Ten project, based in Ghana, is expected to see oil within the next three weeks.
Tag "oil"
Oil prices fell today after a meeting between major producing nations failed to agree an output freeze, leaving the world grappling with an excess of unwanted crude. The meeting in Qatar was
Tullow Oil’s production delayed by two weeksShares in Tullow Oil fell today as flows from a production vessel at its flagship field offshore Ghana will be further delayed by about two
US oil futures touched new highs for 2016 today and are set to post gains for a fifth straight week on growing optimism that major producers would strike a deal
Oil prices held most of the previous day’s strong gains today as a dive in US petrol stockpiles fuelled hopes for a pick-up in demand. But traders remain on edge over the
Oil producer Petroceltic International’s largest shareholder, Worldview Capital Management, has offered to acquire the company for £6.42m in cash. This comes a month after Petroceltic said it was considering an
The Government has awarded oil and gas licences to companies including oil majors Eni, Exxon and Statoil, allowing them to explore for hydrocarbons off the coast of Ireland. The Department
BP posted its largest annual loss for at least 20 years and revealed another 3,000 job losses as it continued to count the cost of plunging oil prices. The blue
OPEC appeared unlikely to cut oil production to lift languishing prices at a meeting in Vienna on Friday, potentially worsening one of the worst crude gluts in history. Despite oil
Advertisements
