Oil and Gas

Framework agreement signed during state visit to UK In an expansion of their ongoing global partnership, BP and China National Petroleum Corporation (CNPC) today entered into a framework agreement on strategic cooperation covering potential shale gas exploration and production in the Sichuan Basin and future fuel retailing ventures in China and other international partnerships. “The […]

Today i look at Sefton Resources (LSE:SER) and the shocking horror that £700,000 seems to have gone. As the largest shareholder i read with interest Fridays RNS and a few sums clearly shows a missing £700,000 in 90 days so where has it gone? As a shareholder this NEEDS ACTION but assume new management appointed […]

Update on Wressle Discovery, Onshore UK Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with producing and exploration assets in Europe, has issued an update from Egdon Resources regarding the decision to proceed with the development of the Wressle oil and gas discovery on Licence PEDL180, with first oil anticipated […]

Oil and gas CEOs jointly declare action on climate change The chief executive officers of 10 of the world’s largest oil and gas companies – which together provide almost a fifth of all oil and gas production and supply nearly 10% of the world’s energy – today declared their collective support for an effective climate […]

Kernel Crushing Plant Wet Testing and Pilot Production Underway DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire, has announced that the Kernel Crushing Plant at the project is in the wet testing phase and pilot production has commenced. The KCP has been built in line […]

Directorate Appointment MX Oil, the AIM quoted oil and gas investment company, has announced the appointment of Mr Nigel Bruce McKim as Non-executive Director with immediate effect. Nigel will replace Patrick Mendoza, who is stepping down from the Board to pursue other business interests. Mr McKim, aged 53, has 28 years of experience in field […]

Contract to Develop 10,000 hectares of Brownfield Land in Ghana DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire, has announced that it has entered into a contract to develop 10,000 hectares of brownfield land in West Ghana. Overview · Expands DekelOil’s potential portfolio of company-owned […]

Updated Reserve Report Empyrean, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has announced that an independent appraisal and updated report prepared by DeGolyer & MacNaughton, effective to 30 June 2015, has highlighted a further significant increase in the Company’s Reserves and Resources at...

Gulf Keystone shares (LSE:GKP) are making noteworthy attempts to go up. The price dived further in August 2015, but it later rose before the end of that month. In September there was easement in the bullish effort; but right now, the price is making some bullish effort against all odds. What is the result of […]

Leading up to its October meeting from the 9th to the 11th of this month in Lima, Peru, the International Monetary Fund released its World Economic Outlook today. The release was skillfully crafted, including its title, “Uncertainty, Complex Forces Weigh on Global Growth.” Maurice Obstfeld, IMR Economic Counsellor and Director of Research, described the global […]