Oil and Gas

The Board of Royal Dutch Shell has announced the pounds sterling and euro equivalent dividend payments in respect of the fourth quarter 2013 interim dividend, which was announced on January 30, 2014 at US$0.45 per A ordinary share (“A Share”) and B ordinary share (“B Share”). Dividends on A Shares will be paid, by default, […]

Tethys Petroleum (LSE:TPL); (TSX:TPL) is certainly not be the biggest oil and gas exploration company. It also is certainly not the only company engaged in exploration and production in central Asian republics that were formerly members of the Soviet Union. However, it is currently the only independent exploration and production company operating in more than one […]

Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, has announced its participation in two new wells in Oklahoma, in line with its strategy to rapidly build production and prove up the reserves on its leases in oil rich formations, including the Bakken in North Dakota and Woodford […]

Africa Oilfield Logistics Ltd, the AIM listed African focussed support services and logistics company, has announced the appointment of Mr Carl Esprey as Chief Executive Officer with immediate effect. Mr Esprey, a highly qualified and experienced corporate and resource industry professional, will drive the Company’s expansion strategy to strengthen its position as a leading provider...

The move is expected to improve competitiveness, helping US Lower 48 onshore business remain at the forefront of innovation and development of technologies for unconventional resources BP today announced its intention to establish a separate business to manage its onshore oil and gas assets in the US Lower 48. The US Lower 48 onshore oil […]

One week ago today, on 24 February, Gulf Keystone Petroleum (LSE:GKP) announced that it plans to bid adieu to the AIM and step into the LSE Main Market on 24 March. That is three weeks from today. Although GKP dominated headlines last Monday, the news has been eerily devoid of anything to do with the […]

Gulf Keystone Petroleum (LSE:GKP) has reached yet another milestone on the road to success. The company announced that it expects to admit its common shares to the Official List on the LSE Main Market, leaving the era of its AIM listing behind. The cancellation on the AIM market and the admission to the Main Market […]

Gulf Keystone shares (LSE:GKP) have been trending lower since January 2014, and this may continue in March, although in a limited manner. The long-term outlook is bullish but the medium-term outlook is bearish. The price has fallen below below the Lower Trendline, plus  there has been a cut-throat struggle between the bulls and the bears. […]

As companies go, Clean Air Power (LSE:CAP) is nowhere near being a dominant world force. With a market cap of just under £20 million and five consecutive years of losses, it’s not a not a company that has been able to spark a great deal of investor interest. However, the Clean Air share price climbed more […]

The petroleum sector is, almost without debate, the single largest economic and political force in the world. Petroleum can used to leverage peace and prosperity, but it can also be used to dictate power and to decimate entire economies and political entities. Which raises my personal concern over how President Obama will use the current […]