Saturday, February 1, 2025

UK government warns BP over potential takeover

Story by the Financial Times The British government has told BP it would oppose any potential takeover of the company, which was seriously weakened by the huge bill incurred after the Gulf of Mexico Deepwater Horizon disaster five years ago. Amid wider consolidation in the energy sector, triggered by the sharp fall in oil prices, Downing Street has informed BP

Kosmos Energy Makes Significant Gas Discovery Offshore Mauritania

Kosmos Energy (KOS) announced today that the Tortue-1 exploration well, drilled to test the Tortue West prospect, which forms part of the Greater Tortue Complex, in Block C-8 offshore Mauritania has made a significant, play-opening gas discovery. Based on the preliminary analysis of drilling results and intermediate logging to a depth of 4,630 meters, Tortue-1 has intersected 107 meters (351

Drill Rig in Alaska - Oil & Gas 360

Precision Drilling Announces Q1 Results, Q2 Dividend

PRECISION DRILLING CORPORATION ANNOUNCES 2015 SECOND QUARTER DIVIDEND, 2015 FIRST QUARTER FINANCIAL RESULTS (Canadian dollars except as indicated) This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements”