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Oil and Gas

Monthly Forecast on Gulf Keystone (April 2016)

07 Apr 2016 @ 19:53
Gulf Keystone stock (LSE:GKP) has been under selling pressure for several months. The trend was mostly bearish for the year 2016, and there is no end in sight for the bearishness in the market. 4 EMAs are used for the analysis and color that stands for each EMA is shown at the top left part […]
 

Annual Trading Forecast on BP (2016)

24 Mar 2016 @ 10:31
BP shares (NYSE:BP) have been very volatile for the past several months. The bullish effort that was made in October 2015 has been rendered useless by the bears. Though the volatility in the market is high, the dominant bias is bearish. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 […]
 

Annual Trading Forecast on Chevron (2016)

17 Mar 2016 @ 09:44
Chevron stock (NYSE:CVX) has been making commendable bullish effort since the beginning of March 2016, although the market has been quite choppy (moving sideways) for the past several months. In the chart, the ADX period 14 is above the level 20, showing that some momentum may be rising in the market. The DM+ is also […]
 

Annual Trading Forecast on Exxon Mobil (2016)

02 Mar 2016 @ 23:44
Exxon Mobil stock (NYSE:XOM) has been making some noteworthy effort to trend upward this year, though the last two months of the year 2015 were bleak. Since January 2016, the price has been trying to go north – slowly and gradually. The ADX period 14 is below the level 20, showing a lack of momentum […]
 

Europa Oil & Gas increases offshore Ireland acreage

17 Feb 2016 @ 09:57
Award of New Offshore Ireland Licensing Option Europa Oil & Gas, the AIM listed oil and gas exploration, development and production company focused on Europe, has been awarded a new Licensing Option in the southern Porcupine Basin, offshore Ireland, as part of phase 1 of the 2015 Atlantic Ireland round. This follows the announcement on […]
 

Magnolia Petroleum's producing well count in proven US onshore formations reaches 210

17 Feb 2016 @ 09:55
Q4 2015 Operations Update Magnolia Petroleum, the AIM quoted US focused oil and gas exploration and production company, has announced a quarterly update on its operations across proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Woodford, Mississippi Lime and the Hunton in Oklahoma. Q4 […]
 

MX Oil: Additional £175k raised to fund Company's investment in Nigeria

17 Feb 2016 @ 09:46
Issue of Equity MX Oil, the AIM quoted oil and gas investing company, has announced that it has raised £175,000 via a placing of 14 million ordinary shares at a price of 1.25 pence per share. The Placing is in response to demand received from new and existing shareholders to participate on the same terms […]
 

Start-up at In Salah Southern Fields announced

17 Feb 2016 @ 09:38
In Salah Gas, a joint venture between Sonatrach, BP and Statoil today announced the start-up of its Southern Fields project. The project is the latest stage in the development of seven gas fields in central Algeria. The In Salah Gas joint venture commenced production in 2004 from three fields in the north of the area: […]
 

BP deepens commitment to Oman

16 Feb 2016 @ 09:33
To extend licence and develop second phase of major Khazzan gas field BP and Oman Oil have signed a heads of agreement with the Government of the Sultanate of Oman committing to amend the Oman Block 61 exploration and production sharing agreement (EPSA), extending the licence area of the block and enabling a further development […]
 

MX Oil talk four recently awarded onshore concessions

11 Feb 2016 @ 07:58
Update on Four Mexican Onshore Concessions MX Oil, the AIM quoted oil and gas investing company, has provided an update in respect of the four Land Contract Areas it was awarded, alongside its local partner Geo Estratos, during the third phase of the Bid Round 1 Licensing Round for onshore conventional concessions in Mexico. The […]
 
 
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