(ShareCast News) - Europa Oil & Gas believes there is a once in a decade opportunity to drill offshore Ireland thanks to the sharp drop in the prices for drilling equipment. That comes after the oil exploration and production outfit's partner in the FEL 3/13 license, Kosmos Energy Ireland, announced
Read more* World prices seen too low to support U.S. shale oil output * Lack of bank financing seen for new shale developments * Risk low production levels may cause price spike * U.S. oil sector productivity improvements seen near limit (Adds prices in paragraph 9) By Dmitry Zhd
Read more(Adds detail, comment; paragraphs 7-10) LONDON, Oct 6 (Reuters) - U.S. oil production growth will stop this month and begin to decline early next year due to low oil prices, the former head of oil firm EOG Resources, Mark Papa, said on Tuesday. Papa, now a partner at U.S. energy inves
Read moreLONDON, Oct 6 (Reuters) - U.S. oil production growth will stop this month and begin to decline early next year due to low oil prices, the former head of oil firm EOG Resources, Mark Papa, said on Tuesday. Papa, now a partner at U.S. energy investment firm Riverstone Holdings LLC, told an in
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