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03 February 2012 Oil

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Oil 03/02/2012

20:11 : BP safety committee chairman Sir William Castell to leave - Sir William Castell, chairman of BP's safety committee during the Gulf of Mexico disaster, has given up the role and will leave the board altogether in April, the oil major revealed.
Source : telegraph-co-uk
14:11 : Uganda signs oil production deal - Oil production is set to start in Uganda after a deal is signed between the government and London-based Tullow oil, which also draws in Chinese and French firms.
Source : news-bbc-co-uk
09:55 : Tullow Oil climbs more than 3% on Uganda deal as FTSE drifts higher - Exploration group signs licensing deal with Ugandan government, while leading shares await US employment dataAs the FTSE 100 heads for another new six month peak, Tullow Oil has gushed more than 3% higher.The exploration company ...
Source : guardian-co-uk
09:42 : Fundamental Oil Report (2012-02-03) - Crude oil couldn’t maintain its high levels around $100 where it retreated for five straight days amid growth fears in Europe as Greece is likely not to reach a deal with private bondholders this week, where low demand on crude ...
Source : ibtimes-co-uk
00:03 : Oil price could fall to $70 in 2012 amid volatility, Shell warns - Oil prices could fall to $70 a barrel during 2012, from current levels above $110, as high volatility in the economy and energy markets becomes "a fact of life", Royal Dutch Shell executives said.
Source : telegraph-co-uk
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