Oil and Gas

Revenue £2.1m (H1 2013: £2.2m) Europa Oil & Gas (Holdings), an AIM listed oil and gas exploration and production company with a combination of producing, appraisal and exploration assets in Europe, announces its interim results for the six month period ended 31 January 2014. Highlights: * Béarn des Gaves permit onshore France renewed * Acquired […]

“By mid-2015” BP has announced that it intends to halt refining operations at its 102,000 barrels per day (bpd) Bulwer Island refinery in Brisbane, Queensland by mid-2015. Andy Holmes, President of BP Australasia, said that the growth of very large refineries in the Asia-Pacific region was driving structural change within the fuels supply chain in […]

London listed mining firm Vedanta Resources, as previously announced, has released its production results for its last quarter and the full year, ahead of a conference call to be attended by senior management at 9:00 GMT today. Vedanta, a diversified natural resources miner with interests in silver, lead, copper, zinc, iron ore, aluminum, power, and […]

Sefton Resources shares (LSE:SER) are hopelessly bearish, and they are expected to continue being so. For the past several months, the market has done nothing except to consolidate and trade further south in a slow and steady manner. The ADX period 14 shows a lack a momentum: it is below the level 20. The DM+ […]

Magnolia Petroleum Plc, an AIM quoted US focused oil and gas exploration and production company, has issued a quarterly update on its operations. The results focus on proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Mississippi Lime and the Hunton/Woodford in Oklahoma. Quarter Highlights: […]

BP stock (NYSE:BP) has broken out to the upside and would continue going further north. We want to buy when the trend is strong and stay aside when it is not strong. When the trend in the market is unclear, one would want to apply some filter so as to avoid bogus indications, which may […]

Interim Results for the six months ended 31 December 2013 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 announced its interim results for the six months to 31 December 2013. Highlights: Financial · 12% increase in sales revenue to […]

Gulf Keystone (LSE:GKP) is now a bear market. The stock has been bearish since the beginning of this year. The ADX period 14 is above the level 50, showing a strong trend in the market. In addition, the DM+ is vividly above the DM-, meaning that the sellers have the upper hands. The MACD (default […]

Worth nearly £1m 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 announced that it has received an additional purchase order from Centrica Plc to supply surface wellhead and mudline equipment services for a gas appraisal well in the Southern […]

The day we have been waiting for has finally arrived as Gulf Keystone Petroleum (LSE:GKP) has completed the move from the AIM to the Main Market today. Non-Executive Chairman, Simon Murray, observed that “The move up reflects the considerable success that the Company has enjoyed since its IPO, and marks the end of the move […]