

African oil explorers Petrel Resources and Clontarf Energy are taking legal action to stop rivals potentially drilling for oil in a block in Ghana whi...


LONDON (Alliance News) - Shares in Clontarf Energy PLC and Petrel Resources PLC plummeted Tuesday after the two companies said they are currently awai...


LONDON (Alliance News) - Petrel Resources PLC Tuesday said it has been awarded two frontier exploration licences in the Porcupine Basin off the Atlant...


Oil & gas explorer Petrel Resources is buying a fifth of an Iraqi oil company in a cash-and-shares deal. Petrel is acquiring a 20% share in special p...


UK small caps finish 0.1 percent higher, in line with the AIM index and outperforming a flat mid-caps index. Petrel Resources adds 7.1 percent after ...


* Committee recommends 25-40 pct rate be doubled * Interest increasing in country's oil potential * Energy minister says must be realistic about prosp...