Oil and Gas

Company call it a ‘signficant milestone’ BP announced today that the Government of Indonesia, through the Ministry of Environment, has approved the Tangguh Expansion Project Integrated AMDAL environmental and social impact assessment and issued the project an environmental permit. The AMDAL includes Tangguh’s environmental and social commitments. It also outlines the role of the...

Senate Gives Final Approval for Mexican Energy Reform Further to the Company’s announcement on 16 and 23 July 2014, MX Oil plc, the AIM listed oil and gas company focused on the re-opening Mexican energy sector, has responded to, following approval from the Lower Congress, the Mexican Senate gave final approval early on Tuesday with […]

Roxi Petroleum shares (LSE:RXP) are very strong right now, having broken upwards and having resumed a bullish journey since last month. This bullish bias has also continued this month… and this is just the beginning. In the chart, the ADX period 14 is above the level 50, going towards the level 60. This signifies a […]

Afren stock (LSE:AFR) has now become hopeless against the bears. The price gapped down massively recently, rendering any bullish hope and outlook useless. The market was in a tight consolidation – a cutthroat struggle between the bulls and the bears – for a few months. But at the end of July/beginning of August, 2014, the […]

BP today announced the appointment of Spencer Dale as its new Group Chief Economist with effect from the end of October. Mr Dale joins BP from the Bank of England where he is currently Executive Director for Financial Stability Strategy and Risk. He is also a member of the Bank’s Financial Policy Committee. In his […]

We have tended to be keen on the prospects of Gulf Keystone Petroleum (LSE:GKP) and its project in the Shaikan field in Kurdistan. The fact is that we still are, but the conflict in bordering Iraq, spurred by the so-called Islamic State’s pursuit of toppling the al-Maliki government in Iraq and establishing a caliphate in […]

Strategic relationship with MX Oil Provides Exposure to Mexico Oil and Gas Opportunities Northcote (LSE:NCT) is pleased to announce that it has entered into an Agreement with MX Oil plc, the AIM listed company focused on opportunities in the upstream oil and gas sector in Mexico. Northcote became aware of the potential reform of the […]

Joint Venture Secured with Geo Estratos, Issue of Equity, Board and Broker Appointments and Update from Mexico MX Oil (LSE:MXO) has issued an update on its activities in line with the Company’s strategy to explore investment opportunities in Mexico’s energy industry, which is being reopened to the private sector to attract greater foreign investment and […]

BP annouces financial results for the second quarter of 2014. Underlying replacement cost profit for the quarter of 2014 was $3.6 billion, 34% higher than the $2.7 billion reported for the same period in 2013 and 13% higher than the $3.2 billion result for the first quarter of 2014. The company also announced a quarterly […]

Operations Update Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, is provided an operations update across its portfolio of interests in proven US onshore formations including the Bakken, North Dakota and Woodford and Mississippi Lime, Oklahoma. This update is in line with the Company’s strategy to rapidly […]