Paladon Systems Ltd (Headquarters)

General Enquiries

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	+44 (0)1604 880700
	+44 (0)1604 882424

MARKET WATCH: WTI price continues to fall as Brent rallies

Oil prices fell May 15 in the New York market as benchmark US crude came under heavy selling pressure from the economic and political turmoil in Europe that also undermined the equity market.
Marathon becoming Vilje oil field operator

Statoil is transferring operatorship of Vilje oil field offshore Norway to Marathon Oil Norge, effective Sept. 1 if approved by the Norwegian Ministry of Petroleum and Energy.