Falklands Blow For Uk Oil Company

The value of shares in a British company drilling for oil off the Falkand islands halved Monday, after it revealed the existing supply may not be commercially viable.

Topics:  british   falkand   oil   company   
BING NEWS:
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    Shell warned of a £2billion hit after a weak end to 2024 in a blow to the oil major as it ‘desperately’ tries to close the gap with US rivals. Boss Wael Sawan last year said he will consider moving ...
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  • The fall of UK North Sea oil and rise of offshore wind
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    Donald Trump condemned the UK as he urged the nation to “open up” the North Sea for oil production and "get rid of windmills".
    01/3/2025 - 3:55 am | View Link
  • Tracking the Fall of Oil, the Rise of Wind in the UK North Sea
    The British North Sea is one of the world's oldest offshore oil and gas basins where production has been in steady decline since the early ...
    01/3/2025 - 1:42 am | View Link
  • US oil company makes 1.6bn dollars offer for Falklands’ Rockhopper: shares soar
    The Sunday Times mentioned Houston-based Noble Energy Inc., Hess Corp and Murphy Oil USA Inc. are also interested, as well as UK firms Cairn Energy and Premier. Anadarko was a minority owner in BP ...
    01/23/2012 - 4:46 am | View Link
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