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MX Oil to seek non-Mexican investments?

24 May 2015 @ 09:49
Potential Investment and Trading Update MX Oil plc, the AIM quoted oil and gas investment company, has announced that besides its focus on Mexico, it is considering a number of near term, cash generative investments in geographies outside of the Americas that could assist in funding the work programmes of its target Mexican assets. However, […]
 

Empyrean release Q1 details

24 May 2015 @ 09:46
Q1 2015 Production from Sugarloaf AMI, Texas Empyrean Energy, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has provided a production update from its flagship Sugarloaf AMI Project in the prolific Eagle Ford Shale, Texas, for the three month period to the end of […]
 

Hewlett-Packard Shares Surge

23 May 2015 @ 07:49
The share price of Hewlett-Packard (NYSE:HPQ) surged today, closing at 34.76, up 2.75% after having reached 35.57 earlier in the day. HP’s share price fell from 38.49 on 24 February and has remained below 34.00 since 05 March. It reached its year-to-date and 52-week low of 31.16  on 31 March. It’s a bit hard to […]
 

BP and Sinopec set up joint venture marine bunkering business

21 May 2015 @ 06:22
Will also provide marine bunker sales BP and Sinopec Fuel Oil today announce the formation of a 50:50 marine fuels bunkering joint-venture, BP Sinopec Marine Fuels Pte Ltd. Based in Singapore, one of the largest and busiest ports in the world, the joint venture will build out from its partners existing bunkering locations and activities. […]
 

Wal-Mart Shares Down Ahead of Market Opening

20 May 2015 @ 00:32
The share price of big-box, U.S.-based retail giant, Wal-Mart (NYSE:WMT)  is down by more that 2.2% in pre-market trading just nine minutes before the opening bell is to be rung at the New York Stock Exchange. Wal-Mart released a disappointing Q1 FY16 earnings report earlier this morning that included a 7% drop in profit. As […]
 

BP names Non-Executive Directors

19 May 2015 @ 07:21
Who are they? The Board of BP have announced that it has appointed Mrs Paula Rosput Reynolds and Sir John Sawers as Non-Executive Directors with immediate effect. Mrs Rosput Reynolds has over 25 years’ experience in the energy sector, including as president and chief executive officer of AGL Resources. Sir John Sawers has had long […]
 

Sphere 3D talk fresh private financing

14 May 2015 @ 08:10
Company Announces Placement of Approximately U.S. $4.1 Million of Equity Securities Sphere 3D Corp. (Nasdaq:ANY) has signed definitive agreements for a private placement of 1,281,250 Common Shares of the Company and Warrants to purchase up to 1,281,250 Common Shares for a gross purchase price of approximately U.S.$4.1 million on May 13, 2015. The purchase price […]
 

Have Highlands Natural Resources cut a transformational oilfield technology deal?

14 May 2015 @ 06:54
Strategy Update, Technology Acquisition and Advisory Board Addition Highlands Natural Resources (HNR) have provided an update regarding the development of its portfolio since its Initial Public Offering in March 2015. Highlights: · Discussions regarding the acquisition of the Company’s first production asset in the US oil and gas sector are advanced · Strategy broadened to […]
 

Who is AOL and Why is Verizon Interested?

13 May 2015 @ 07:00
After rumors regarding a potential take over of AOL ( NYSE:AOL) by Verizon (NYSE:VZ) emerged last week, AOL’s share price rose more than 12.0% from 39.38 on Thursday to a high of 44.14 on on Friday 08 May. Fast forward to today (Tuesday, 12 May 2015). AOL shares are now trading at 50.52 after having […]
 

BP starts seven year Shetland drilling programme

12 May 2015 @ 07:12
BP, on behalf of the Schiehallion co-venturers Shell and OMV, is pleased to announce the start of drilling on the Loyal field by the new-build, semi-submersible Deepsea Aberdeen, marking the start of a seven year drilling campaign west of Shetland. Deepsea Aberdeen is contracted to drill wells across the Schiehallion and Loyal fields, as part […]
 
 
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