Oil and Gas

Announced in Jakarta On behalf of the Tangguh Partners, BP announced that two consortia have been awarded the onshore Front End Engineering and Design (FEED) for the $12 billion Tangguh Expansion Project (Train 3): – PT. Tripatra Engineers and Constructors, PT. Tripatra Engineering, PT. Chiyoda International Indonesia, PT. Saipem Indonesia, PT. Suluh Ardhi Engineering and […]

Planning approval granted for Kiln Lane Well, onshore UK Europa Oil & Gas plc, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has announced its proposal to drill the Kiln Lane conventional exploration well on licence PEDL 181 in East Lincolnshire has been […]

Tethys Petroleum stock (LSE: TPL) has long been in a downtrend and this is supposed to continue. This downtrend has been going on for most part of this year, while rallies proffer short-selling opportunities. We do not want to be fooled by the noises in the market. Rather, we want to look at the Big […]

Update on Wressle-1 Well, onshore UK Europa Oil & Gas plc, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has welcomed the announcement of Egdon Resources today confirming that detailed petrophysical and reservoir engineering evaluation on the Wressle-1 exploration well on the PEDL […]

It was big news for some this morning that the Tesla share price (NASDAQ:TSLA) opened lower for the second day in a row. Personally, I find it bigger news that it is now almost 2:30 p.m. on the U.S. eastern seaboard and TSLA has already climbed back to 229.63, nearly to yesterday’s close of 229.70, […]

There is now an opportunity to go short in Leni Gas market (LSE:LGO). Although the market has been going upwards for the most past of this year, the recent bias has turned bearish and has rendered the dominant bullish bias invalid. In the chart, the ADX period 14 is still essentially above the level 30, […]

Quarterly Operations Update for the Period Ended 30 September 2014 Magnolia Petroleum, an 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 Mississippi Lime and […]

The share price of Magnolia Petroleum (LSE:MAGP) rose by 4.65% on the London Exchange today on the heels of a highly favorable report for the quarter ended 30 September. Although Magnolia is a long way from being a constituent of the FTSE 100 with a market cap of only £10.25 million, it does appear to be […]

Proposed Dual Listing in Kenya – Circular to Shareholders and Notice of General Meeting Africa Oilfield Logistics Ltd (AIM:AOL), an AIM listed African focussed support services and logistics company, has announce its intention to dual list on the Growth Enterprise Market Segment of the Nairobi Securities Exchange, by way of an introduction and private placing […]

Bahamas Petroleum shares (LSE:BPC) looks very attractive to buyers as a result of the buying pressure in the market. Even if the price gets corrected southwards, it would eventually rally and break more and more supply levels to the upside. Recently, the price has formed a strong base after it experienced a sharp drop. The […]