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Pressure on oil companies grows to end gas flaring in Nigeria
For three minutes, on the day last May when Royal Dutch Shell released its first quarter earnings figures, a flame shot high into the air in front of the company’s head office in The Hague, scorching a human chain of about 40 protesters that circled it, a few meters away, to block police efforts to [...]
Canada’s Heritage Oil to drill 2 more Uganda wells
Canada’s Heritage Oil Corp. will drill two more exploration wells in western Uganda in the next eight months, seeking a complete picture of reserves, the company said on Monday.
Heritage owns two concessions in a 50-50 partnership with UK-based Tullow Oil on Lake Albert’s eastern shores in Africa’s Great Rift Valley. Tullow says early estimates of [...]
Tullow Oil: Record 2006 Interim Results
Tullow Oil plc (”Tullow”) (LSE: TLW), the independent oil and gas, exploration and production Group, announces its interim results for the six months ended June 30, 2006. These results have been prepared in accordance with the Group’s policies under International Financial Reporting Standards (IFRS).
Tullow had a strong first half of 2006. Trading and production reached [...]
