Oil & Gas

Total to speed up dividend growth


French oil major Total SA will accelerate dividend growth in a sign of confidence that investment in fast-growing gas and electricity markets will steadily increase cash flow.

Oil & Gas

Oilex urges shareholder support for tranche of investment plans


Oilex has asked its shareholders to vote in support of a capital funding program for work on the Cambay and Bhandut fields and the Canning basin. The company is looking to build on a “growth opportunity” which it says is underpinned by a recent independent reserve classification of gas and light field oil in the region. Managing director Ron Miller has written to shareholders asking for support to make the new investments.