Oil and Gas

BP today announced the appointment of Spencer Dale as its new Group Chief Economist with effect from the end of October. Mr Dale joins BP from the Bank of England where he is currently Executive Director for Financial Stability Strategy and Risk. He is also a member of the Bank’s Financial Policy Committee. In his […]

We have tended to be keen on the prospects of Gulf Keystone Petroleum (LSE:GKP) and its project in the Shaikan field in Kurdistan. The fact is that we still are, but the conflict in bordering Iraq, spurred by the so-called Islamic State’s pursuit of toppling the al-Maliki government in Iraq and establishing a caliphate in […]

Strategic relationship with MX Oil Provides Exposure to Mexico Oil and Gas Opportunities Northcote (LSE:NCT) is pleased to announce that it has entered into an Agreement with MX Oil plc, the AIM listed company focused on opportunities in the upstream oil and gas sector in Mexico. Northcote became aware of the potential reform of the […]

Joint Venture Secured with Geo Estratos, Issue of Equity, Board and Broker Appointments and Update from Mexico MX Oil (LSE:MXO) has issued an update on its activities in line with the Company’s strategy to explore investment opportunities in Mexico’s energy industry, which is being reopened to the private sector to attract greater foreign investment and […]

BP annouces financial results for the second quarter of 2014. Underlying replacement cost profit for the quarter of 2014 was $3.6 billion, 34% higher than the $2.7 billion reported for the same period in 2013 and 13% higher than the $3.2 billion result for the first quarter of 2014. The company also announced a quarterly […]

Operations Update Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, is provided an operations update across its portfolio of interests in proven US onshore formations including the Bakken, North Dakota and Woodford and Mississippi Lime, Oklahoma. This update is in line with the Company’s strategy to rapidly […]

Tangiers Petroleum stock (LSE:TPET) has dropped like a stone as a result of a sudden weakness in the market. The downward break happened with a huge gap that violated recalcitrant demand zones that would normally be extremely difficult to violate with normal price actions. In the chart, the 4 EMAs that are used have periods […]

Gulf Keystone shares (LSE:GKP) are very weak right now. For several months, the price has been unable to go determinedly upwards in spite of desperate efforts by the bulls. Again, the price has broken out below the lower Trendline, while the RSI period 14 has gone below the level 50. While this signifies a ‘sell’ […]

Well, yes – Intention to List on London’s AIM Market & Appointment of Advisors Zeta Petroleum plc (ASX:ZTA), the ASX listed oil and gas company with production, appraisal and exploration assets in onshore Romania, has announced the appointment of SP Angel Corporate Finance LLP as international broker and equity capital markets advisor to assist with […]

At 16 minutes past 9:00 am GMT yesterday, 24 July 2014, Carillon (LSE:CLLN) announced that it had won a contract with the Ministry of Defense worth £2.8 billion. Carillon’s share price barely budged, despite analysts describing the deal as a game changer for the company. The contract for maintaining and upgrading military facilities was won as […]