Business Strategy

Verisk Analytics buys UK energy analysts Wood Mackenzie

Submitted by Editorial on Tue, 2015-03-10 14:47

10th March 2015

Verisk Analytics has signed a definitive agreement to acquire Wood Mackenzie from Hellman & Friedman and other Wood Mackenzie shareholders

Peru-focused BPZ files for bankruptcy in US courts

Submitted by Editorial on Tue, 2015-03-10 12:20

10th March 2015

BPZ Resources has filed a voluntary petition in the United States Bankruptcy Court for the Southern District of Texas seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code

Mexico and UK draw closer over offshore technology collaboration

Submitted by Editorial on Fri, 2015-03-06 16:59

06th March 2015

Mexico’s president, Enrique Peña Nieto, arrived in Aberdeen yesterday during his UK state visit to mark closer ties on energy and climate change

National oil companies struggle to capitalise on low asset prices

Submitted by Paddy Harris on Wed, 2015-03-04 11:44

04th March 2015

In the past, massive market fluctuations would have provided state-backed oil and gas companies the chance to outmanoeuvre their private-investor dependent rivals and seize vulnerable assets, but wider economic and political factors have placed a straightjacket on national oil companies in the world’s fastest growing economies

Wentworth dips into USD 20m credit facility to fund Tanzanian projects

Submitted by Editorial on Wed, 2015-03-04 10:05

04th March 2015

Wentworth Resources has taken USD 5.6m from its existing credit facility with a domestic Tanzanian bank in order to boost its capital flow and find its Mnazi Bay exploration and production programme

Tullow share price slides following Ghana-Cote d’Ivoire offshore border dispute

Submitted by Editorial on Mon, 2015-03-02 17:30

02nd March 2015

Tullow Oil has seen its share price slip 8.5 per cent (30p) today at the time of publishing after it announced that it would have to suspect operations at its TEN project offshore West Africa whilst Ghana and Cote d’Ivoire settle a dispute over their offshore territories

Tullow Oil has seen its share price slip 8.5 per cent (30p) today (at time of writing) after it announced it would have to suspect operations at its TEN project offshore West Africa whilst Ghana and Cote d’Ivoire settle a dispute over their offshore territories through international courts

Woodside to issue USD 1bn in corporate bonds to fund business and exploration plans

Submitted by Editorial on Fri, 2015-02-27 08:10

27th February 2015

Woodside has entered into an agreement for the issuance of USD 1.0bn in corporate bonds into the United States 144A bond market.

COPL and Shoreline collaborate across sub-Saharan Africa in joint venture

Submitted by Editorial on Thu, 2015-02-26 16:30

26th February 2015

Canadian Overseas Petroleum Limited (COPL) has announced details of the joint venture partnership it has entered into with Shoreline Energy International Limited (Shoreline), a conglomerate with interests across sub-Saharan Africa including interests in oil and gas and power generation