Oil and Gas

Read on… Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, held its Annual General Meeting today. At the meeting, CEO Steven Snead said: “As our recent full year results demonstrate, Magnolia Petroleum is a cash generative, asset-backed oil and gas company focused on proven US onshore formations. From […]

When Tesla Motors’ share price (NASDAQ:TSLA) closed at 259.00 on 11 August 2014, it set a new record high. It continued to set new high nearly every trading day through 04 September before a bumpy, but consistent decline that lasted 27 March of this year when it bottomed out at 185.00 amidst gloom and doom […]

A miracle is expected to happen on Alfren shares (LSE:AFR), which would make them soar. This is what sensible speculators have been waiting for and they almost would not get disappointed. The market was in a strong downtrend late last year and in January 2015. However, since February, there has been a very tight sideways […]

Joint Industry Project supported by BG, Royal Dutch Shell, Wintershall, Maersk, TOTAL, Tullow Oil, eni, Senergy, and Oil States Industries Inc. Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, known for its safety, time and cost saving capabilities, will launch […]

What are the detials? Rosneft and BP today have signed several agreements strengthening the long term strategic relationship between the two companies, at the St. Petersburg International Economic Forum. Rosneft and BP signed final binding agreements for Rosneft’s sale to BP of a 20 per cent share of Taas-Yuryakh Neftegazodobycha (Taas), creating a new joint […]

In an exclusive interview with Tip TV, David Lenigas, Chairman of UK Oil and Gas, Rare Earth Minerals and AfriAg talked about the Horse Hill developments close to Gatwick Airport. With the announcement of the discovery in April, the shares shot up 164 percent, and the AIM shares were suspended pending an announcement on reserves. […]

Commencement of Extended Well Test on Wressle Discovery, Onshore UK Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe, has welcomed today’s announcement from Egdon Resources confirming the commencement of an Extended Well Test at the Wressle-1 oil and gas well […]

US$1.6 billion Net Mean Un-risked NPV10 for FEL3/13 Prospects – Irish Atlantic Margin Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with both producing and exploration assets in Europe, recently commissioned ERC Equipoise Ltd to complete an independent assessment of its interests in the Frontier Exploration Licence 3/13 in the […]

This morning as expected ENOC upped their offer for Dragon Oil (LSE:DGO) to 750p per share. This represents a 15p increase on their proposed offer and that would seem enough to gain the boards approval. This bid comes in 100p below the 850p value I believe Dragon is currently worth. ENOC state that they ‘met […]

Growth of global primary energy consumption decelerated markedly in 2014 The 2015 edition of the BP Statistical Review of World Energy, launched today, highlights how significant changes in global energy production and consumption have had profound implications for prices, for the global fuel mix, and for global carbon dioxide emissions. The 64th annual edition of […]