OIL

Production problems maul Mauritanian partners

SHARES in two of the industry’s biggest players plunged this week on the back of news that production at Chinguetti, offshore Mauritania, has been falling – instead of increasing – since start-up. But it was a different story at the junior end of the market, when the good news at the Puffin oil field in the Timor Sea spilled over into AED Oil’s share price.