pipelines
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
UPDATE 1-TNK-BP pulls Russia’s Jan oil output down
* Russia’s Jan oil production down 0.1 pct to 10.47 million bpd
