BEACH Petroleum is to record its first oil production from an overseas operation in the first half of next year following the successful testing of its Gulf of Suez project off Egypt.
EVERYBODY knew. That's the bottom line.
IF ANYTHING good has come from the release of Guy Ritchie's lame new crime comedy RocknRolla, which tries hard to replicate the cartoon feel of his earlier films Lock, Stock and Two Smoking Barrels and Snatch, it is that there is much more to the British crime genre than cockney-spouting..read more
THE Organisation of Petroleum Exporting Countries has announced a cut of 520,000 barrels a day, citing downside risks to the market as oil prices fell below $US100 a barrel for the first time since April.
Talk about shooting yourself in the foot. Make that both feet, with both barrels.