Andrew Whittock News
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Apache Corp. will drill Kenya’s first deepwater oil well next month, a prospect that could add a $70 billion crude find to the record natural-gas discoveries along East Africa’s coast.
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Afren Plc, a U.K.-based oil and gas company focused on Nigeria and Iraq, rose the most in a month in London trading on speculation it may get a takeover offer.
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Providence Resources Plc, a Dublin- based energy explorer, may bring Celtic Sea crude ashore by 2013 as it seeks to make the first profitable Irish oilfield, said Chief Executive Officer Tony O’Reilly.
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BP Plc is carrying out final tests at a damaged oil well in the Gulf of Mexico before attempting an unprecedented operation that may be its last opportunity before August to halt the monthlong spill.
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Last-minute preparations are under way by BP Plc to plug its hemorrhaging well in the Gulf of Mexico as Congressional investigators said the company missed several “warning signs” before a rig explosion last month that killed 11 workers.
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BP Plc ’s latest efforts to plug a leaking well that’s been spewing oil into the Gulf of Mexico for more than a month continued overnight.
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BP Plc ’s latest efforts to plug a leaking well that’s been spewing oil into the Gulf of Mexico for more than a month continued as the Los Angeles Times reported the company’s been able to stop the flow.
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BP Plc began its most ambitious attempt to plug a leaking well that has been spewing oil into the Gulf of Mexico for more than a month.
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