Oil

STOCKS NEWS EUROPE-Bowleven buoyed by takeover rumours – Reuters UK

after several traders cite rumours that oil and gas firm Tullow is due to make an approach for the Cameroon-focused firm. Both Tullow and Bowleven decline to comment on the rumour. “(There is) some suggestion that Tullow may buy Bowleven … Continue reading

MARKET REPORT: BowLeven shares surge after interest from Dragon Oil – This is Money

Shares of the Cameroon-focused oil and gas producer surged to 134.75p before closing 46p or 62 per cent higher at 120p on a hefty turnover of 61m following Dragon Oil’s revelation that it is considering making an offer for the … Continue reading

Dragon Oil weighs up bid for Bowleven – Financial Times

which is controlled by Dubai’s state-owned Emirates National Oil Company, announced it was considering a bid for the Cameroon-focused oil explorer. The approach prompted shares in Bowleven to jump by 46¾p to 120¾p on Friday morning valuing the company …

Dragon Oil Explores Possible Offer for BowLeven; Shares Soar – Businessweek

Feb. 17 (Bloomberg) — Dragon Oil Plc, an oil explorer focused on Turkmenistan, said it’s considering an offer for BowLeven Plc, a driller working in Cameroon. BowLeven soared in London trading. The shares jumped as much as 82 percent to … Continue reading

Dragon Oil weighs up offer for Bowleven – Interactive Investor

West African-focused oil and gas explorer Bowleven unveiled a new discovery at its Sapele-3 well, offshore Cameroon in November. But this did not please everyone as analyst Richard Griffiths at Evolution decided at the time to downgrade his rating of … Continue reading

Asian Refiners to Cut March West African Oil Imports by 13% – Businessweek

including one lot each of Ghana’s Jubilee and Cameroon’s Kole grades. India will import 15 cargoes for March, down from 19 this month, according to the survey. Indian Oil Corp., the nation’s largest refiner, bought nine shipments …

Dragon Oil Explores Possible Offer for BowLeven; Shares Soar – Bloomberg

Dragon Oil Plc (DGO), an oil explorer focused on Turkmenistan, said it’s considering an offer for BowLeven Plc (BLVN), a driller working in Cameroon. BowLeven soared in London trading. BowLeven shares jumped 62 percent to 120 pence …

China Petroleum Corp. Set To Ship Its Oil Via Cameroon By End Of 2012 – Official – NASDAQ

YAOUNDE, Cameroon -(Dow Jones)- The China National Petroleum Corp. (CNPC) and the Cameroon government have agreed that the Chinese firm will ship its crude from Chad through Cameroon by the end of 2012, a top Cameroonian official involved in the … Continue reading

China approves 7 overseas oil deals – Stockhouse

2 and 3A located in Uganda from British-based Tullow Oil; CNOOC’s acquisition of OPTI Canada; Sinopec Group’s purchase of Shell’s assets in Cameroon and Canadian oil producer Daylight Energy Ltd.; China National Petroleum Corp (CNPC)’s investment in oil …

Cameroon Business Forecast Report Q1 2012 – new country guide report – Transworld News

Real GDP growth in Cameroon will climb above the 3.5% long-run trend for the next few years on the back of investment in several new mega-projects and increased oil production. Political stability is very likely unless the aging Paul Biya … Continue reading