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Oil and utilities highlights to 09:15 GMT


Published :
Wed, 21 Mar 2007 10:32
By : Agencies
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2007-03-21 08:51:33

Total CEO questioned by police in corruption probe - source

PARIS (AFX) - Total SA chief executive Christophe de Margerie will today be

questioned by French police from the financial department as part of an inquiry

into suspected corruption in Iran and Cameroon, a source close to the matter

said.

2007-03-21 08:50:56

Statoil to begin seismic exploration in Libya

OSLO (AFX) - Statoil ASA said it is preparing to shoot more than 2,000 km of

2D seismic data at its Kufra licence in the south-east of Libya, the first time

the Norwegian firm has undertaken such an activity in the country.

2007-03-21 08:20:56

Norsk Hydro makes minor oil discovery with latest wildcat well in Norwegian Sea

OSLO (AFX) - The Norwegian Petroleum Directorate (NPD) said Norsk Hydro ASA,

as operator of production license 169 on the Norwegian Continental Shelf, has

completed the drilling of a wildcat well and made a 'minor oil discovery'.

2007-03-21 07:32:23

Tullow Oil FY pretax up 47 pct; sees 85,000 boepd by yr-end

LONDON (AFX) - Tullow Oil PLC delivered a 47 pct growth in full-year pretax

profits, thanks to strong oil and gas prices, and upgraded its production target

for 2007.

2007-03-21 06:26:57

No mediation for Indonesia, Exxon over gas field - report

JAKARTA (XFN-ASIA) - The Indonesian government and US oil giant Exxon Mobil

have decided not to seek arbitration during talks over disputed drilling rights

for a major gas field off Borneo, the official Antara news agency said.

2007-03-21 05:31:24

BUDGET OUTLOOK UK North Sea cos call for urgent measures to tackle cost issue

LONDON (AFX) - Urgent measures are needed to attract more investments in the

UK Continental Shelf of the North Sea, where oil and gas production and

investments are being undermined by cost and tax inflation.




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