Oil and Gas

Northcote (LSE:NCT), further to its announcement of 27 February 2014, has agreed a farm-out of a 30% working interest and 23.4% net revenue interest with North American Petroleum at its Zink Ranch project and also provides an initial update on its recently commenced 2014 work program. Overview: – Northcote has entered into a farm-out agreement […]

Lucy MacDonald, who manages some $7.3 billion in assets in her position as CIO of Allianz Global Investors, has declared that BP (LSE:BP.) (NYSE:BP) is now “more investable” as a result of the company’s entering into an administrative agreement with the U.S. Environmental Protection Agency four years past the Deepwater Horizon catastrophe in the Gulf […]

ADVFN is keeping a close watch on AIM-listed Gulf Keystone Petroleum (LSE:GKP) as it progresses toward its admission to the Main Market, a move that is scheduled for 24 March. The Gulf Keystone share price is continuing to decline, falling another 9.72% to 130.00 as of noon today, despite a favorable operational report released this […]

For Chevron stock (NYSE:CVX), it is a tug of war between the bulls and the bears, which may result in the bull’s victory, as shown in the chart. While it fails to close below it, the price is hovering almost above the EMA 21. The Williams’ % Range period 20 is a kind of neutral, […]

We are precisely two weeks away from Gulf Keystone Petroleum (LSE:GKP) making its move from the AIM to the Main Market on the LSE. GKP’s share price is at 148.75 this afternoon, down 1.82% from its closing price on Friday, 7 March 2014, and down 4.6% from February I came across a recent interview with […]

DekelOil Public Limited, operator and 51% owner of an established, vertically integrated palm oil project in Côte d’Ivoire, has said that it has received confirmation from the Government of the Côte d’Ivoire that Dekel Oil successfully met the conditions regarding its tax exemption application under the Investment incentives code, as administered by the government agency […]

On 28 February, BP completed the purchase of all interests previously held by Japan’s Mitsui Chemicals, Inc. (MCI) and Mitsui & Co. Ltd. (MBK) in PT Amoco Mitsui PTA Indonesia (AMI). For over fifteen years, AMI was a 50/50 joint venture between BP and its partners, producing and marketing purified terephthalic acid (PTA) in the […]

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 […]