Oil and Gas

Gulf Keystone stock (LSE:GKP) is still bearish in outlook and long trades are not currently recommended. The bearish forces that cause the current weakness are present in the market. The insects that devour vegetables live on vegetables. The price is almost below the EMA 21 and the Williams’ % Range period 20 is not that […]

I am finding it difficult to stray too far from the subject of oil, post the OPEC conference. It’s absurd to think that the reactions, responses and fallout are going to stop just because the headlines point us to the next big story. The immediate aftermath was highly predictable as investors thought the sky was […]

I warned on 26 November that the fallout from whatever decision OPEC made about maintain their oil production at its current levels would have a significant impact. At the time, I asked the question, “Economics or Evolution?” After further consideration, I think I forgot to begin that last word with an “R.” What’s Really Going […]

Additional Well Order Signed With Det Norske – Norway Plexus Holdings PLC, an AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has received a purchase order from Det Norske Oljeselskap ASA to supply surface wellhead and mudline equipment services for Geopilot#2, an oil and […]

Whatever announcement comes out of the OPEC meeting on Thursday , 27 November, may possibly be the biggest news story of 2014. Whatever the decision, it will have economic and geopolitical ramifications for some time to come, although much of the impact may not come until the alliance meets again in the Spring of 2015. […]

£1.9 Million Well Order 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, has received a purchase order from a major oil and gas operator to supply surface wellhead and mudline equipment services for a gas and condensate exploration well in […]

Q3 2014 Production and Operational Update Empyrean Energy, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has provided the following production and operations update on its flagship Sugarloaf AMI in the prolific Eagle Ford Shale, Texas. This update is in respect of the three […]

U.S. President Barak Hussein Obama promised “hope and change” in 2008. It has become clear to most Americans that there is now no hope of stopping him from imposing his personal agenda of change on the entire country, whether it’s in the best interest of the country or not. The self-proclaimed student of the United […]

Lucky Belgium. BP announced today that it plans to invest over $200 million to upgrade its purified terephthalic acid (PTA) plants at Cooper River, South Carolina and Geel, Belgium. The investments will position these assets amongst the most efficient PTA manufacturing facilities in the world. “This allows us to apply our latest proprietary technology and […]

Four o’clock in the afternoon is a favorite time of the day for the executives of U.S.-listed companies to make major announcements. And when they do, they can generate a flurry of activity from the trading floor to the front page. Technically, there has been no major announcement from either Halliburton (NYSE:HAL) or Baker Hughes […]