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Oil exploration in Norway's Arctic cut by half after crude crash

2015-02-18 03:14:46| Appliances - Topix.net

Oil exploration in Norway's Arctic waters will be cut by half this year as state-controlled Statoil ASA halted drilling in the Barents Sea after crude prices plunged. Companies led by Sweden's Lundin Petroleum AB plan to drill at most seven exploration wells in the Barents Sea, down from a record 13 in 2014, said the Norwegian Petroleum Directorate.

Tags: half cut oil crash

 

Lundin Petroleum starts 16/1-24 exploration well drilling on Gemini prospect

2015-02-17 01:00:00| Offshore Technology

Lundin Petroleum has started drilling exploration well 16/1-24, located in the Gemini prospect of the North Sea.

Tags: starts exploration prospect petroleum

 
 

Thursday Sector Leaders: Paper & Forest Products, Oil & Gas Exploration & Production Stocks

2015-02-12 21:12:42| Industrial Machines - Topix.net

In trading on Thursday, paper & forest products shares were relative leaders , up on the day by about 2.8%. Leading the group were shares of Schweitzer-Mauduit International , up about 7.7% and shares of Louisiana Pacific up about 5.1% on the day.

Tags: products paper production thursday

 

Thursday Sector Leaders: Paper & Forest Products, Oil & Gas Exploration & Production Stocks

2015-02-12 19:50:49| Paper - Topix.net

In trading on Thursday, paper & forest products shares were relative leaders , up on the day by about 2.8%. Leading the group were shares of Schweitzer-Mauduit International , up about 7.7% and shares of Louisiana Pacific up about 5.1% on the day.

Tags: products paper production thursday

 

Monday Sector Leaders: Oil & Gas Exploration & Production, Metals & Mining Stocks

2015-02-10 17:19:27| Oil & Gas - Topix.net

In trading on Monday, oil & gas exploration & production shares were relative leaders , up on the day by about 2.8%. Leading the group were shares of North Atlantic Drilling , up about 16.8% and shares of Swift Energy Company up about 13.7% on the day.

Tags: production monday gas oil

 

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