Stock market
Horizon Oil Under Spotlight Over PNG Bribery Scandal; Stock loses 27.5% in Single Day
February 10, 2020 06:28 PM AEDT| By Team Kalkine MediaOne of Australia’s leading newspaper has released an article wherein it has stated that Horizon Oil (ASX: HZN), ASX-listed oil and gas exploration company, has repeatedly ignored corruption warnings and has paid around $15.4 million to an...
Double whammy for ASX LNG Stocks
February 05, 2020 11:50 PM AEDT| By Team Kalkine MediaAs the crude oil prices are still recovering from the Coronavirus tragedy that hit the prices as hard as almost 23% downslide from the January 6 peak price of US$70.72 a barrel. The Brent Crude prices on Nasdaq traded at US$54.72 a barrel on 4 Januar...
The decarbonization of Oil & Gas Upstream and Downstream Sectors
February 02, 2020 09:43 AM AEDT| By Team Kalkine MediaThe Oil & Gas industry accounts for more than 40% of the total global emissions. The oil & gas industry right from taking the oil out from the well, re...
Oil Search and Cooper Energy Unveil December Quarter Activities Report
January 30, 2020 03:23 PM AEDT| By Team Kalkine MediaEnergy consumption in Australia witnessed average annual growth rate of 0.6% since the last ten years, reaching 6,172 petajoules in FY18. Interestingly, every petajoule consumed contributed ~A$294 million in GDP. The pie of energy mix included 39% of...
Jet Fuel-Gasoil Cash Premiums; How has the Downstream sector been affected?
January 28, 2020 11:32 PM AEDT| By Team Kalkine MediaOil prices continued to dip on Monday, from the highest levels for the year at the US$55.26 a barrel for WTI crude prices. Crude Oil and even Jetfuel or Aviation fuel is expected to be affected due to the Coronavirus. The implications are much more b...
Natural Gas Supply Projected to Decline Over Falling 2P Resources, While Demand Stands Strong
January 02, 2020 05:57 PM AEDT| By Team Kalkine MediaNatural gas prices towards the end of 2019, were booming after dipping slightly during the third quarter. The Victorian wholesale gas market is currently trading at a price of $6.05 per gigajoule (as on 2 January 06:00-10:00), while the prices in Syd...
Crude Surges Over Fundamental Shift in Oil Trades; Demand and Supply Remain Muted
December 31, 2019 11:00 PM AEDT| By Kunal SawhneyThe bilateral trade dispute between the United States and China is now dampening, which along with a additional production cut of 0.5 million barrels a day from the OPEC members and higher imports from the United States is supporting crude oil prices...
LNG Price Fall- A Much Needed Strategic Decline For Long-Term Impetus?
December 30, 2019 07:59 PM AEDT| By Team Kalkine MediaNatural gas prices are observing large spread decline across various geographies over the varying demand and supply dynamics. While the domestic market is running short of natural gas, which is also supporting the ASX oil & gas stocks such as San...
IMO MARPOL Convention To be Implemented Soon; Impact on Stakeholders and LNG Industry
December 27, 2019 03:04 AM AEDT| By Team Kalkine MediaThe International Maritime Organisation (IMO) is all set to enact the Annex VI of the MARPOL Convention or the International Convention for the Prevention of Pollution from Ships, which aims to reduce the maximum sulfur content of marine fuel oil fro...
Coal Down 37% From Peak Thanks to Falling Renewable Cost and Natural Gas Prices
December 18, 2019 03:55 PM AEDT| By Team Kalkine MediaCoal prices are under doldrums with Newcastle coal futures slipping from its 2018 peak price of USD 111.00 a tonne (high in October 2018) to the current level of USD 70.20 a tonne (low on 10 December 2019), which underpins a price depreciation of app...
ASX Oil & Gas Explorer- Senex Buckles for East Coast Gas Crisis
December 12, 2019 11:34 PM AEDT| By Team Kalkine MediaASX oil & gas exploration companies are performing relatively better as compared to the global oil and gas explorers as the nation is currently witnessing a shortfall in the supply chain of natural gas, which is further providing gas explorers su...
Hydrogen Gas- An Intriguing Oil-Demand Driven Investment Case
December 08, 2019 08:15 AM AEDT| By Team Kalkine MediaHydrogen is an energy carrier just like electricity, and it must be produced from different fuel sources such as fossil fuels or biomass, to use for the industrial application such as rocket fuel, electricity production, a power supplier in vehicles,...
OPEC To Hold 177th Annual Meet; Russia The Potential Game Changer?
December 02, 2019 09:39 PM AEDT| By Team Kalkine MediaCrude oil prices are trailing high with prices of Brent crude oil futures recovering from USD 56.15 (low on 3 October 2019) a barrel to the present rate of USD 61.27 (as on 2 December 2019 01:55 PM AEST) ahead of the OPEC?s 177th meet. The oil carte...
Is Worley sending an Early Christmas Gift?
November 28, 2019 07:26 PM AEDT| By Team Kalkine MediaWorley Limited (ASX: WOR) is a top global provider of professional project as well as asset services in sectors like energy, resources and chemicals. The company operates across 51 countries, supported by ~ 58,000 people from around the world. The c...
US oil price and forecasts; Bright side for ASX Stocks
November 25, 2019 05:38 PM AEDT| By Team Kalkine MediaBig day for Australia?s oil and gas industry (22 November 2019) as Prime Minister Scott Morrison stated to deliver new deregulation measures for Australian businesses. The announcement included the development of a digital environmental approvals pro...
Priority Target Waihi Continues to Fuel Ora Banda Mining’s Near-Term Production Aspirations
November 22, 2019 10:32 PM AEDT| By Team Kalkine MediaAs Ora Banda Mining (ASX: OBM) fast tracks its activities for near term-production of gold at its expansive ground holding in Eastern Goldfields of Western Australia, the Waihi Resource Definition Drilling Program continues to fuel the momentum with...
Australia Aviation Industry to Attain Carbon Neutrality by 2020? Qantas Improves Fuel Efficiency
November 13, 2019 03:03 PM AEDT| By Team Kalkine MediaThe aviation industry is a significant contributor towards the global emissions, and the Australian government and individual flight operators such as Qantas Airways Limited (ASX: QAN) are taking measures to minimise the overall carbon footprints of...
BHP Group Sees Value in Oil & Gas; Petroleum Briefing
November 12, 2019 02:16 PM AEDT| By Team Kalkine MediaBHP Group Limited (ASX: BHP) Petroleum Briefing On 11 November 2019, BHP gave a petroleum briefing, highlighting that the petroleum business is positioned to deliver strong returns and contribute significantly to deliver value through the 2020s an...
Worries For Electricity Suppliers Grow in Australia; While Oil & Gas Explorers Take a Breather
November 06, 2019 04:24 PM AEDT| By Team Kalkine MediaASX-listed energy retailers are under pressure over the increase in their raw material cost and stringent measures adopted by ACCC in the name of new Default Market Offer (or DMO). The raw material prices for energy generation is witnessing a surge...
Crude Oil Prices Tumble as Market Anticipates a Surge in the U.S. Oil Reserves
October 29, 2019 10:22 PM AEDT| By Team Kalkine MediaCrude oil prices are again tumbling in the international market post strong weekly performance. The Brent Crude Oil Futures rose from the level of USD 58.26 a barrel (Day?s low on 21 October 2019) to the level of USD 62.11 (Day?s high on 25 October 2...
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