Oil and Gas

The move is expected to improve competitiveness, helping US Lower 48 onshore business remain at the forefront of innovation and development of technologies for unconventional resources BP today announced its intention to establish a separate business to manage its onshore oil and gas assets in the US Lower 48. The US Lower 48 onshore oil […]

One week ago today, on 24 February, Gulf Keystone Petroleum (LSE:GKP) announced that it plans to bid adieu to the AIM and step into the LSE Main Market on 24 March. That is three weeks from today. Although GKP dominated headlines last Monday, the news has been eerily devoid of anything to do with the […]

Gulf Keystone Petroleum (LSE:GKP) has reached yet another milestone on the road to success. The company announced that it expects to admit its common shares to the Official List on the LSE Main Market, leaving the era of its AIM listing behind. The cancellation on the AIM market and the admission to the Main Market […]

Gulf Keystone shares (LSE:GKP) have been trending lower since January 2014, and this may continue in March, although in a limited manner. The long-term outlook is bullish but the medium-term outlook is bearish. The price has fallen below below the Lower Trendline, plus  there has been a cut-throat struggle between the bulls and the bears. […]

As companies go, Clean Air Power (LSE:CAP) is nowhere near being a dominant world force. With a market cap of just under £20 million and five consecutive years of losses, it’s not a not a company that has been able to spark a great deal of investor interest. However, the Clean Air share price climbed more […]

The petroleum sector is, almost without debate, the single largest economic and political force in the world. Petroleum can used to leverage peace and prosperity, but it can also be used to dictate power and to decimate entire economies and political entities. Which raises my personal concern over how President Obama will use the current […]

Oil giant announces results BP today announced its financial results for the fourth quarter and full year of 2013. Underlying replacement cost profit 1 for the fourth quarter was $2.8 billion, compared with $3.9 billion for the fourth quarter of 2012. Full-year underlying replacement cost profit was $13.4 billion for 2013, compared with $17.1 billion […]

Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has received notification pursuant to the Financial Conduct Authority’s Disclosure and Transparency Rules that, following the completion of the Open Offer and the resultant increase in the Company’s total […]

Gulf Keystone stock (LSE:GKP) has been going south, though it is not likely that it would go below the support zone at 150.00, which is a target for the bears.   There has been a ‘Death Cross’ in the chart as the price crossed the EMA 200 to the downside. The EMA 10 has also […]

New World Oil and Gas Plc, an oil and gas operating company focused on Denmark and Belize, has secured a six-month extension in work programme commitment deadlines for Licences 1/09 and 2/09 at its Danica Jutland Project in Western Denmark. This extension was reportedly discussed with Danica Jutland ApS and the Danish North Sea Fund, […]