Oil firms Apache and Total make major discovery offshore Suriname
- Apache Corp and Total SA said on Tuesday they had made a major oil discovery in the hotly-tipped Maka-Central 1 well off the coast of Suriname, sending Apache’s shares surging nearly 26%.
Analysts said it was impossible to ascertain as yet how much oil the find would generate but it is just over the border from Exxon Mobil-led discoveries off Guyana that are estimated to hold more than 6 billion barrels of oil. New York-listed Apache’s shares rose to their highest since May 2019 and were last up 24.6% at $31.94.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oil firms Apache and Total make major discovery offshore SurinameOil companies Apache Corporation and Total said on Tuesday that they had made a ...
Read more »
Stocks making the biggest moves midday: Apache, Square, Micron, FireEye and moreThese are the stocks posting the largest moves in midday trading.
Read more »
Four-day refinery strike in France should not leave motorists stranded: TotalFrench oil major Total said on Monday that strikes against the government's...
Read more »
Oil firms Apache and Total make major discovery offshore SurinameOil companies Apache Corporation and Total said on Tuesday that they had made a ...
Read more »
Spain's real estate firm Quabit shares jump after Slim betShares of Spanish housing developer Quabit Inmobiliaria jumped on Tuesday after ...
Read more »
Four-day refinery strike in France should not leave motorists stranded: TotalFrench oil major Total said on Monday that strikes against the government's...
Read more »