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EIA Downgrades Crude Oil Price Forecast For 2019 Amid Weak Demand Estimation
July 14, 2019 08:15 AM AEST| By Team Kalkine MediaCrude oil prices are rising, and energy players and investors are eyeing the market with high hopes as many industry experts estimate that the energy sector would dominate the anticipated uprise in the S&P500 Index. The prices of Brent Futures o...
Fossil Fuel Demand Turns All Eye’s On WHC, WPL, And WOR
July 07, 2019 09:00 AM AEST| By Team Kalkine MediaCrude oil, natural gas, and coal continue to dominate energy shares in the United States. As per the data, the trio accounted for nearly 80 per cent of the energy share in the United States over a century. Source: EIA The total energy consumption...
OPEC And Russia To Curb Output And Crude Jumps Over Speculations; BPT Under Pressure
July 04, 2019 07:03 PM AEST| By Team Kalkine MediaCrude oil prices are moving down in the international market amid lesser global and the United States demand. The prices of Brent Oil Futures fell from the level of US$66.84 (Day?s high on 28th June 2019) to the level of US$62.09 (Day?s low on 3rd Ju...
A Look At International Oil Scenario, 2 Related Stocks
June 17, 2019 03:19 PM AEST| By Team Kalkine MediaCrude oil prices are trading significantly below its 2019 high of US$75.60 (Day?s high on 25th April 2019). The prices of Brent Crude Oil Futures on the international Commodity Exchange (ICE) are currently trading at US$62.05 (Day?s Low on 17th June...
Oil Prices Slip from 2019 High- 6 Related ASX Stocks
June 14, 2019 02:31 PM AEST| By Team Kalkine MediaOil and gas in Australia Oil and gas are primarily found in those geological basins that have been filled over decades by fragmented material. Laying the focal point on Australia, the country shows the movement towards a new phase of growth, specif...
Queensland’s Tax Hike And Low NG Prices Looming LNG Producers
June 13, 2019 01:00 PM AEST| By Team Kalkine MediaNatural gas prices just started making recovery post a massive downturn, and Australian LNG exporter just started to enjoy the relief price recovery; however, Queensland Labour put a damper and decided to raise the taxes on the LNG exporter. Now, as...
Crude Plummet Brings Oil And Gas Stocks Under Investors’ Radar- SXY, WPL, OSH
June 11, 2019 09:06 PM AEST| By Team Kalkine MediaOil prices plummeted in the international market, with benchmark Brent Crude oil futures dropping from the level of US$75.60 (High in April 2019) to the level of 59.45 (low in June so far) amid weakening demand in the international market. The crude...
3 Energy Players Amidst Prevailing Oil Scenario – ORG, STO, WPL
June 08, 2019 09:15 AM AEST| By Team Kalkine MediaThe crude oil prices are plunging in the international market, mainly due to the rapidly increasing crude stockpiles in the US. Furthermore, the US has increased the import of oil, which has also exerted pressure on crude oil prices. Moreover, the .....
Carnarvon Petroleum Commences 3D Seismic Survey Over Dorado And Roc Discoveries
May 31, 2019 01:56 PM AEST| By Team Kalkine MediaCarnarvon Petroleum Limited (ASX: CVN) today announced the commencement of new 3D seismic survey over the Dorado and Roc discoveries, where almost no 3D seismic before these permits were awarded to Carnarvon and its Joint Venture Partner Santos Limit...
Carnarvon Petroleum Limited Provided Drilling Update On Dorado-2 Well
May 29, 2019 08:33 PM AEST| By Team Kalkine MediaAn oil and gas exploration company, Carnarvon Petroleum Limited (ASX: CVN) has provided a drilling update on its Dorado-2 well today. Last week, CVN provided an update on the first appraisal well of the Dorado oil and gas field, in which it had advis...
Winchester Energy commences oil production at US-based Mustang Prospect
May 27, 2019 11:31 PM AEST| By Team Kalkine MediaOil and Gas company, Winchester Energy Ltd (ASX: WEL) today announced the commencement of production and sales of oil from its Mustang Prospect at Permian Basin, Texas. WEL also plans an early oil production development programme across Mustang prosp...
Air New Zealand On The Flight To Reduce Its Carbon Footprints, Buys US$2.7 Billion Fuel Efficient Aircrafts
May 27, 2019 06:19 PM AEST| By Team Kalkine MediaAir New Zealand Limited (ASX: AIZ) today announced an investment of US$2.7 billion in its international network to purchase eight high-fuel efficient Boeing 787-10 Dreamliner aircrafts. The investment amount stated above reflects the current list pr...
Bass Oil’s AGM updates: Annual production increased 47%
May 27, 2019 01:13 PM AEST| By Team Kalkine MediaBass Oil Limited (ASX: BAS) is an oil exploration and production company. The company has its headquarters in Melbourne and seeks growth in Southeast Asia. BAS focusses on low cost onshore oil production and gas business in Indonesia. The company has...
Oil Search Secures Federal Record For The Pikka Development Project In Alaska
May 24, 2019 10:05 PM AEST| By Team Kalkine MediaOil Search Limited (ASX: OSH), the most significant oil player in Papua New Guinea (PNG), announced on 23rd May 2019 that the company received the United States Army Corps of Engineers permit along with Record of Decision for the Pikka Development Pr...
Air New Zealand releases its fuel hedge position and investors’ update
May 24, 2019 06:46 PM AEST| By Team Kalkine MediaWorld-class airline company, Air New Zealand Limited (ASX: AIZ) today released its fuel hedge position as at 17 May 2019. The company hedged 82% of total fuel consumption volume (estimated) for Q4 Fiscal 2019 and has positioned itself till the third...
Administrative Tribunal Rejects Appeals Against Global Petroleum’s Environmental Decrees
May 21, 2019 05:38 PM AEST| By Team Kalkine MediaGlobal Petroleum Limited (ASX: GBP), an Australian Securities Exchange listed oil and gas explorer, announced on 21st May 2019 that the Administrative Tribunal in Rome recently rejected appeals against the Environmental Decrees for its applications i...
Fremont Petroleum Provides Update on Niobrara Formation
May 21, 2019 02:03 PM AEST| By Team Kalkine MediaFremont Petroleum Corporation (ASX: FPL) was founded in 2006. With FPL Head Quarters in Florence, Colorado in the USA, the company is operational in Kentucky and in Colorado. The company is laser-focused on developing an oilfield, which is the secon...
Talon Petroleum Unveils Its Investment Strategy For UK North Sea Resources
May 17, 2019 09:29 PM AEST| By Team Kalkine MediaTalon Petroleum Limited (ASX: TPD) is an oil and gas company which released its Investor Presentation -121 Oil & Gas Investment Conference Hong Kong. TPD presented the UK North Sea strategy overview following the acquisition of EnCounter Oil in t...
Sundance Q1 Update; Prepares To Operate In A Low Oil Price Environment
May 17, 2019 03:17 PM AEST| By Team Kalkine MediaSundance Energy Australia Limited (ASX: SEA), an Australia-based oil and natural gas explorer, developer, and producer released its first-quarter earnings on 17th May 2019. The company met the sales volume guidance for the first quarter, and the sal...
IGES wins world’s prestigious sustainability award for its plastics-to-fuel patented technology
May 16, 2019 04:48 PM AEST| By Team Kalkine MediaIntegrated Green Energy Solutions Ltd (ASX: IGE) is a frontrunner in developing sustainable technology to generate energy from the end of life non-recyclable plastics. The company is engaged in producing a range of fuels and products, including Napht...
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