Rockhopper Exploration has secured 142 million dollars through a share placing on Londons junior equity market, bringing the long anticipated Sea Lion oil field project in the North Falkland Basin
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Oil production in the waters off the Falkland Islands is set to commence following the final investment decisions made by Navitas Petroleum of Israel and Britain’s Rockhopper Exploration. The initial
Opec Plus has announced it will increase oil output next month as Saudi Arabia, the de facto leader of the group, seeks to bolster its market share. The decision, made
The Lindsey oil refinery in Lincolnshire is set to shut its doors after administrators failed to secure a viable buyer, placing 625 jobs in jeopardy and creating ripples across the
British billionaire Zuber Issa, widely recognised for his pivotal role in acquiring Asda, is reported to be exploring a daring multibillion-pound bid to purchase Castrol Oils. The lubricant business, owned
BP has announced a sharp reduction in its spending plans following a halving of profits for the first quarter of the year. The company’s strategy chief, Giulia Chierchia, has revealed
The Indian government has unveiled groundbreaking legislation designed to revolutionise its domestic oil and gas exploration sector, marking a decisive shift towards energy independence. The move comes as Asia’s third-largest
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