Oil and Gas

New World Oil and Gas (LSE:NEW), an oil and gas exploration and development company focused on Belize and Denmark, has announced that the Government of Belize has approved the application of the third and final renewal period of the Blue Creek Production Sharing Agreement (‘PSA’) in relation to its Blue Creek Project in the Petén […]

Gulf Keystone stock (LSE:GKP), which was recently trending downwards, is now consolidating. This is a pause in the midst of an extant momentum prior to the next move – either in favor of buyers or sellers. What is now the next direction in the month of November? On the chart, the price is currently between […]

BP (LSE:BP) (NYSE:BP) has opened a new facility in Houston to house the world’s largest supercomputer for commercial research. The Center for High-Performance Computing, located at BP’s US headquarters in Houston, will serve as a worldwide hub for processing and managing huge amounts of geophysical data from across BP’s portfolio and be a key tool […]

Europa Oil & Gas (LSE:EOG), the AIM listed oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has reported the completion of a 1,500 sq km 3-D seismic acquisition programme on Frontier Exploration Licences (‘FELs’) 2/13 and 3/13 in the South Porcupine Basin, offshore Ireland. Kosmos Energy […]

Plexus Holdings (LSE:POS), an AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP method of wellhead engineering, had released preliminary results for the year ending 30 June 2013. Results: · Record revenue, EBITDA, profit before tax and profit after tax · 29.7% increase in revenue to £25.57m (2012: £19.71m) · […]

Magnolia Petroleum (LSE:MAGP),an AIM quoted US onshore focused oil and gas exploration and production company, has announced it has secured a US$5 million three year Credit Facility). Combined with the Company’s fast growing revenues from production, which as at 1 August 2013 stood at 214 boepd, the Credit Facility will provide funding for future drilling […]

Will this stock make you a Mill-ionaire? DekelOil Public Limited (LSE:DKL) , operator and 51% owner of an established vertically integrated palm oil project in Côte d’Ivoire, has strated the construction of its 60 t/hr Crude Palm Oil (‘CPO’) extraction mill by Modipalm Engineering SDN BHD (‘Modipalm’), the leading Malaysian engineering company is progressing well. […]

AOLERG? Africa Oilfield Logistics (LSE:AOL), an AIM listed African focused support services and logistics company, announced that its 49% owned subsidiary, Ardan Risk & Support Services (‘Ardan’), has acquired a 20% interest in Energy Resources Group Africa Limited (‘ERG’), a specialist provider of professional onshore and offshore safety, survival and emergency response training...

BP (LSE:BP.) has Richard Herbert appointed as its new head of exploration. Mr Herbert will succeed Mike Daly who has chosen to retire from BP at the end of 2013 after a career of 28 years with the company, eight leading BP’s exploration function. Mr Herbert will rejoin BP from Talisman Energy where he has […]

Plexus Holdings (LSE:POS), an AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has confirmed has been awarded a contract with BG International Egypt, a division of BG Group plc (‘BG Group’), a leading oil and gas operator in the global energy market, for the […]