Global News

Under five-year contract, BP will offer courses next year in a new state-of-the-art Maersk Training facility in Houston BP will offer advanced training programs for its offshore drilling teams under a new global agreement with Maersk Training, further underscoring BP’s commitment to safe and reliable operations. By 2016, Maersk Training, which currently is working with […]

You just know it’s going to be a bad day when it’s time to report a 17% decline in pretax profit for any period. This morning, HSBC Holdings (LSE:HSBA), Europe’s largest bank, reported a 17% decline for the entire 12 months ending 31 December. The company’s share price followed suit post-announcement, falling more than 5.1% […]

Time to look ahead the Eirik  Raude oil rig is estimated to arrive on February 27th my sources tell me. The first well to be drilled in the North Falklands Basin only 500ft of water is called Zebedee, which is an extension of the Sea Lion discovered development complex. Clearly marked on both (LSE:RKH) Rockhopper […]

Shares of Procter & Gamble (NYSE:PG) slumped by 0.4% to 84.87 yesterday as investors seemed to indicate concern over the company’s continuing plan to divest selected brands. The plan is not new. It was first introduced in August 2014. P&G has held its cards close to its vest, preferring to play each brand face-up only […]

RigNet expects to take a one-time charge of approximately $6.2 million RigNet, Inc. (Nasdaq:RNET), a leading global provider of digital technology solutions to the oil and gas industry, today announced that it is implementing a plan to shift resources from its U.S. land rig communications business and certain back office support functions to expand its […]

Fifth Street Asset Management Inc. (NASDAQ:FSAM)today announced the closing of Fifth Street Senior Loan Fund I, LLC, a $309.5 million collateralized loan obligation. FS SLF I represents FSAM’s initial CLO under management and its pricing was the first for a debut manager in 2015. FS SLF I is primarily invested in middle market senior secured […]

Second Interval at Wressle-1 Well Free Flows Oil & Gas 182 barrels of oil per day Europa Oil & Gas, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe, has commented upon the announcement of Egdon Resources today confirming free flowing oil production rates equivalent to up […]

Option to acquire leading US industrial and energy consultant to provide UAV solutions to the commercial sector Strat Aero plc, an international aerospace services company, has announced that it has, via its 100% owned subsidiary Strat Aero International Inc. signed an Option Agreement to acquire 70% of the issued share capital of New Amsterdam Global […]

It has been one week since I used this space to discuss ARM Holdings (LSE:ARM) following its earnings report for 2014. In the interim, ARM’s share price has gained an additional 12 points. It is up 104 points (10%) since 01 January, closing today at 1,099.00. Every time I research ARM, I get the same […]

Chris Oil advfn financial writer has a few improvements happening on my Blog and advfn articles before the  UK Investor Show. You will be able to see all my advfn articles and advfn Justin Waite Show  interviews with me now at the Chris Oil Blog. To keep the blog free to view there will be […]