Consolidated revenue dropped 70% year on year to $64 million for the quarter ended March 31, compared with a 12% increase a year earlier. M&P was also impacted by lower oil prices, down 11% ...

French oil group Maurel & Prom (M&P) reported an increase in cash generation in end-March from the previous quarter on Thursday, allowing it to maintain a firm growth outlook even as its sales dropped ...

French oil group Maurel & Prom (M&P) reported a sharply lower first-quarter sales growth on Thursday, as revenue declined across its main oil and gas fields in Gabon, Angola and Tanzania. Consolidated ...

UK broker Braemar is predicting an oversupply of crude tanker tonnage in the Atlantic as Venezuela halts exports to the US.

Maurel & Prom, a French oil company, reported a sharply reduced first-quarter growth rate on Thursday. Revenues declined in its main oil fields of ...