First Oil


BW Energy plans Gabon growth


BW Energy is planning to reach a final investment decision (FID) on its Ruche development, in Gabon’s Dussafu licence, in the last quarter of the year. Further growth is expected to come from August’s Hibiscus discovery. The company continues to hold the Kudu gas project, in Namibia, but like many others before it, progress appears slow.


Opinion: The truth about hedging


The price of oil is notoriously fickle. We’ve seen the worst of that over the last two years – and you could even say in the last three months.