Hints and tips:
...of its oil and gas exploration assets....
...Equinor’s entry into the Bakken came after the acquisition of Brigham Exploration Company for $4.7bn in 2011. Since then, its US activities have been mired in drama....
...In addition, BP will not seek further exploration in countries where it does not already have upstream activities (the company also highlights its stake in Rosneft as a fundamental part of BP’s broader portfolio...
...Neptune said Mr Lumens will continue as a non-executive director at Oryx Energies and V-Labs Virtual Reality....
...One of the metrics that exploration and production company Tullow Oil uses for reporting earnings is even more flattering than ebitda....
...For many in the oil industry, selling petrol and coffee to drivers will never match the prestige of upstream exploration....
...In common with other oil companies, the European trio are looking to divest non-core assets to help shore up their balance sheets and defend dividends at a time of mounting pressure from the prolonged weakness...
...In the press conference after the ceremony, government officials blamed the results on the current low price of oil and on the fact that many companies were “learning the process”....
...Shell says the time and expense are justified by the size of the prize if its exploration is successful....
...The Edinburgh-based company, which has had a marked slowdown in drilling, is also expected to reduce its exploration spending significantly from nearly $500m in 2014 to about $100m this year....
...Fadel Gheit, an oil analyst at Oppenheimer & Co, says that companies can retain more than $20 a barrel after exploration costs and taxes, a far better return than in, say, Nigeria or Libya....
...But on oil and gas exploration – one of its most important businesses – it may not spend a penny. The reason? In a word, Delhi....
...It now holds 85 per cent with the remaining 15 per cent held by the DRC’s national oil company....
...But the start of exports is not just a big achievement for Australia’s biggest oil and gas company by market value....
...Among small caps, North Atlantic oil explorers rose after Total made a 10p a share bid approach for Wessex Exploration , up 29.3 per cent to 9½p....
...Heritage Oil slipped 4.9 per cent to 167p on news that a gas exploration well at its Miran West prospect in Kurdistan had failed to draw a measurable flow of hydrocarbons....
...Joined Alcan in 1989 after eight years as petroleum geologist in oil exploration for Amoco. She is a non-executive director of BP, Anglo Platinum and De Beers....
...A person close to Canadian-based Ithaca Energy, the oil exploration company, said it would proceed....
...make to ensure supply and the limitations that have been set by Washington on oil exploration and development within the US....
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