Genel unsure on Kurdistan well May 29, 2012 Gulf Keystone Petroleum and Genel Energy said yesterday results from the first exploration well on the Ber Bahr block in Iraq’s autonomous northern Kurdish region were inconclusive, and the companies could not say whether it was commercially viable. The well will be temporarily suspended while a rig is moved to the location to conduct an [...]
Ithaca plummets as bid talks end May 29, 2012 Shares in Ithaca Energy fell 30 per cent yesterday after the North Sea explorer said it had called off takeover discussions with all interested parties. Ithaca said that the potential offers did not match the price it was looking for, and that instead it would focus on developing its North Sea portfolio. The company said [...]
Cobham extends Santos contract May 29, 2012 Defence group Cobham said yesterday it had extended a contract with energy company Santos to provide “fly-in fly-out” services to the Cooper Basin region in southern Australia. The £31.5m contract has been extended by six years, and will now run until 2018.
Sany tries again for Hong Kong IPO May 29, 2012 Shanghai-listed construction machinery maker Sany Heavy Industry has filed for a $2bn (£1.28bn) Hong Kong listing. The company, which postponed a Hong Kong float last year, has reportedly lowered the amount it hopes to raise from $3.3bn.
Tuilagi cleared to join tour of South Africa May 29, 2012 ENGLAND have received a major boost after learning centre Manu Tuilagi has been cleared to tour South Africa following the dismissal of his citing by a Rugby Football Union disciplinary panel. Tuilagi’s eligibility to tour was in question after being cited for a ‘tip tackle’ on Harlequins’ scrum-half Danny Care early in Saturday’s Premiership final, [...]
French courts suit my game, admits Watson May 29, 2012 BRITAIN’S Heather Watson confessed her love for the French Open after again reaching the competition’s second round with an accomplished victory over Russia’s Elena Vesnina. Watson last summer became the first British female in 28 years to qualify for the Grand Slam at Roland Garros and yesterday continued her impressive form with a 6-2 6-4 [...]
London Welsh anger at week delay in promotion row May 29, 2012 BAFFLED London Welsh chiefs have still not been told exactly why they have been banned from entering the Premiership – seven days after the controversial verdict given by the Rugby Football Union. The Exiles quickly requested clarification after learning the shock news in an RFU statement on Wednesday last week, just hours before their Championship [...]
Williams out in first round as Nadal dazzles May 29, 2012 SERENA Williams was yesterday knocked out at the first round of a Grand Slam for the first time in her career after losing 4-6 7-6 (7-5) 6-3 to world number 111 Virginie Razzono in the French Open. Williams, the 2002 champion and this year’s fifth seed, squandered a 5-1 lead in the second set tie-break [...]
England should resist urge to rest pace attack and go for jugular May 29, 2012 ENGLAND’S unassailable 2-0 lead in the current series with West Indies gives them the luxury of being able to rest players, such as key seamers James Anderson and Stuart Broad, for the third Test, but I think they would be mad to do so. Sure, there is an important summer ahead and you would want [...]
F1 chief blames fire on costly energy saver May 29, 2012 FORMULA One chief Bernie Ecclestone says the energy recovery device which gives cars an acceleration boost should not have been introduced due to its cost and possible role in causing a fire after the Spanish Grand Prix earlier this month. A fire engulfed the Williams team garage after driver Pastor Maldonado spectacularly won the Barcelona [...]
