Tips & Ideas 

Business press headlines: Hurrican Energy, Tesco, Glencore

Hurricane Energy(HUR) said it successfully drilled the first exploration well into granite rock beneath the Atlantic waters close to Britain. It said that the gusher at its Lancaster field in the West of Shetlands proved that oil could be produced from “fractured basement reservoirs”, describing it as a “game-changer” for the UK. Robert Trice, the chief executive, said: “It’s a phenomenal flow rate. This is just the tip of the iceberg.” - The Times

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