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Category: Finance/Banking

Apache Stock soars

Apache stock soars on Suriname discovery

Stock of Apache Corp. surged more than 25 percent Tuesday after the Houston energy firm confirmed it struck oil offshore of the small South American nation of Suriname. Just two weeks after Apache formed a joint venture with the French energy major Total, the two companies said they’ve made a significant oil discovery that could…
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Westwook Oil Rig

Westwood Global Energy Group: Appetite for finding oil not diminishing

Around the world the energy transition and extinction discussions and debates led the energy news  agendas in company boardrooms in 2019, but the impact on exploration drilling is not yet apparent, according to market research provider Westwood Global Energy Group. Westwood said on Thursday that the global high impact well count in 2019 was 91 wells,…
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