Total Plugs Gas Leak, Sees Rise in Shares
Gas – Reuters reported that shares in Total SA (NYSE:TOT) rose more than two percent on the news that the company had plugged a well at its North Sea Elgin platform that had been leaking for seven weeks.
Articles Tagged "north sea"
Total Takes Action on Gas Leaks
Gas – Bloomberg reported that yesterday Total SA (NYSE:TOT) stopped a gas leak in Nigeria and this week expects to halt a leak in the North Sea that began on March 25. There is not yet a date for when operations in Nigeria will restart.
Antrim Reports Successful Sidetrack Drilling Near Erne Oil Discovery
Oil – Antrim Energy Inc. (TSX:AEN,AIM:AEY) announced drilling results from a sidetrack well in the North Sea next to the Erne discovery.
Major North Sea Discovery by Statoil Renews Interest in Norway
Oil – A significant find by home-grown Statoil could provide a spark for the flagging Norwegian oil industry.
Positive Economic Outlook Spurs Crude
Crude Investing News reports crude prices look brighter with the positive economic outlook. The oil market is bubbling over. Volatile at the best of times, the last year has been extraordinary even by those standards. When the price of crude came close to $150 a barrel, many thought the commodity was overpriced. And yet, some [...]
Oil Price Peaks And Slides
Crude Investing News reports oil prices sliding and peaking at various periods. Oil prices soared higher on the prospects of a rebound in energy demand. “The market thinks the worse is behind us and that we’re heading toward recovery at the end of the year, early next year,” Fitzpatrick said. Spreading worldwide recession has ravaged [...]
