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Daily Telegraph: Energy Database: Wednesday 25 July 2007

Last Updated: 12:40am BST 25/07/2007

A round-up of headlines from across the financial sectors, provided by Bloomberg News

ENERGY

• BP, Europe’s second-largest oil company, reported better-than-expected earnings in the second quarter, boosted by record petrol prices.

• Sterling Energy, a UK-based oil and natural gas explorer, said first-half revenue rose 5pc on net sales of 4,900 barrels a day.

• Royal Dutch Shell’s venture in Nigeria has restarted a limited amount of production at pumping stations feeding its Nembe Creek pipeline and the Forcados export terminal, a company spokesman said.

• Amec, the world’s third-biggest engineering services company, agreed to acquire a 60pc stake in a Kazakh oilfield services operator for £5m in cash to expand in the region.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/07/25/cxbloom125.xml

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