drilling
Denham invests in new E&P company
Denham Capital has invested $300 million in Bright Horizon Resources, a new energy and production company focused on oil and natural gas opportunities in the mid-west and southern regions of the US
Exxon and Chevron toil in hunt for growth
The groups, with large international operations and relatively little exposure to US shale oil, saw falling volumes as output of mature fields fell
Exploration costs eat into Rosneft profits
The Russian oil group posted fourth-quarter results much lower than analysts’ projections after costs in regions such as the Arctic increased in 2012
