Fiona Cincotta

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Soco International Earnings

An improvement in oil prices has helped Soco International increase revenue and narrow its losses, even as production volumes continued to slide. There's no mention of an interim dividend here, indicating management is concentrating on conserving capital as it firms up new development opportunities ...

Fiona Cincotta


Posted 11 days agoPress

Cairn Energy swings to profit after Kraken begins producing oil

The ball appears to be rolling along quite nicely in Senegal. Cairn has upgraded the size of the estimated contingent proven and probable resource base at the SNE field there to approximately 563 million barrels of oil, up from a 473 million barrel estimate back in March. The more detailed product ...

Fiona Cincotta


Posted 1 month agoOpinion > 2017 Oil industry PredictionsCairn Energy

Oil rebounds after major producers announce meeting

Oil rebounds after major producers announce meeting Oil made a comeback as the OPEC extended an invitation to Libya and Nigeria to join other major oil producers for a meeting in late July. Both nations had previously been exempted from the recent agreement which capped oil production, and their i ...

Fiona Cincotta


Posted 2 months agoOpinion > Oil Price predictionsoil price
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