Oil and Gas

AIM listed director lifestyle (sorry oil services) company Vialogy (LSE:VIY) has – as predicted many times by me ended its Autumn ramp campaign of spurious announcements with a placing. The whole thing stinks and it merely delays the ultimate demise of this POS. The company has raised £1.4 million at 1.25p with punters each getting […]

A special report naming 4 resource stocks where there is potentially downside of up to 99% and which you MUST sell TODAY will be published by me at 3 PM this afternoon. The report will be emailed to registered users of Onefreesharetip.com and will not be published elsewhere. To make sure that you get this […]

For the most hideously overvalued company on AIM, Zoltav Resources (LSE:ZOL) the end is nigh. Today saw news that it has drawn down the second and final £250,000 tranche of a £500,000 loan facility made available by its largest shareholder. That suggests that net cash was down to pretty much sod all. And that makes […]

Oil giant BP plc (LSE:BP.) will report less oil production by the end of 2013 compared to that in 2012 as the company continues to reshape its portfolio in line with its ten-point strategic plan to become a “safer, stronger company”, the London-listed firm said Tuesday. The statement came along with the company’s 2012 full […]

Empyrean shares (LSE:EME) are not really empyrean right now. They are bound to go southward – something that the misguided bull does not want to hear. It is not an insult to say: “I know how my acquaintance behaves.” I once said the shares should be dumped! But I think it could be shorted for […]

As I write, the self styled top chartist in the UK,  Zak Mir is seeking assistance from his five year old to spell the long words correctly as he puts the finishing touches to a new report: “The Ten cheapest oil and mining stocks on AIM to buy Today.” God knows, there are enough of […]

FTSE 250 constituent firm, Salamander Energy plc (LSE:SMDR), opened on a high in early morning trading after the South East Asia-focussed oil and gas exploration and production company said it has discovered both oil and gas in one of its acreages in Indonesia. In a statement, Salamander said its South Kecapi well located in East […]

Petrol giant narrowly misses all-time profit high ExxonMobil, the world’s largest independent petroleum refiner, has announced a 6% increase in net-profits during the final three months of 2012. Reporting the $9.95bn profit increase ExxonMobil, for a total of $44.88bn during 2012, the company feel $340m short of its all-time high of £45.22bn recorded in 2008. […]

AIM-listed oil and gas exploration firm, New World Oil and Gas plc (LSE:NEW), saw its market value cut into half earlier today after the company said there was not enough oil to merit commercial production from its sidetrack well in its flagship project in Belize, Central America. Shares plunged over 50% to 3.852 pence minutes […]

A US court has accepted the guilty plea of oil giant BP plc over the Deepwater Horizon catastrophe in 2010 that claimed the lives of 11 workers and injured many others and resulted in the largest oil spill in the country’s history. The plea, a part of the deal made by BP with the US […]