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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 [...]

Record energy prices may be near


Analysts at a Denver energy conference say BP’s shutdown of an Alaska oil field will raise prices at least temporarily.
The shutdown of the United States’ largest producing oil field is likely to send near-record energy prices into uncharted territory.
Analysts said the closure of BP Plc’s Prudhoe Bay oil field in Alaska will spook the already-nervous [...]