A look at Crude oil’s sensational journey from Black April to April 2021

• April 15, 2021 04:45 PM AEST
• Team Kalkine

Source: Alexander Knyazhinsky, Shutterstock Summary OPEC has increased the crude oil demand forecast by 6.6 per cent for 2021 in its April's Monthly Oil Market Report. The cartel made this upward revision in demand projections based on the sur...

• April 14, 2021 08:30 PM AEST
• Team Kalkine

Source: Travel mania, Shutterstock Australian energy group, Santos Limited (ASX:STO) announced this week that managing director and chief executive officer Kevin Gallagher would receive an one-time growth projects opportunity. Santos is expected to...

• April 14, 2021 06:24 PM AEST
• Team Kalkine

Source: Diachenko, Shutterstock Summary Rio Tinto’s US$463 million South African mining project remains suspended due to violent protests. The work at Richards Bay Minerals’ Zulti South project was halted in 2019 after an employee ...

• April 14, 2021 03:45 PM AEST
• Team Kalkine

Source: Kodda, Shutterstock Summary Empire Energy is acquiring five oil & gas assets in the prolific Beetaloo Basin. The acquisition will involve cash payment and issue of ordinary shares and unlisted options. The deal will allow access t...

• April 12, 2021 05:35 PM AEST
• Team Kalkine

Source: pan demin, Shutterstock Summary Santos is set to provide a growth projects incentive to its CEO. Vesting of these incentives will require achieving strict performance targets. The company is entering into a growth phase under Mr Galla...

• April 09, 2021 02:21 PM AEST
• Team Kalkine

Source: naito29, Shutterstock Summary Two ASX energy stocks were under the spotlight on Tuesday due to a sudden rise in their stock prices. Peninsula Energy (ASX: PEN) signed various binding agreements to secure its CY21 and CY22 sales commitm...

• March 31, 2021 12:37 AM AEDT
• Team Kalkine

Source: Christian Lagerek, Shutterstock  Summary Santos has announced a final investment decision (FID) for the Barossa gas field project. The FID was kept on hold due to downturn in the oil and gas industry, leading to subdued demand and...

• March 30, 2021 09:07 AM AEDT
• Ashish

;PrimeCo’ would be the largest electricity generator in the country. AGL Energy Ltd (ASX:AGL) on Tuesday announced structural separation plans that would see it split into two energy business units focused on executing distinct strategies....

• March 30, 2021 08:55 AM AEDT
• Team Kalkine

Source: Kodda, Shutterstock Summary Supply concerns over the blockage of Suez Canal are soaring the prices of commodities, including copper and hydrocarbon. The April futures of WTI and Brent rose more than 4% on Friday, 26 March 2021. M...

• March 29, 2021 03:24 PM AEDT
• Team Kalkine

Source:Lukasz Z, Shutterstock Summary Buru Energy (ASX: BRU), in a JV with Mineral Resources, has secured the award of a bid block in the onshore Carnarvon Basin in Western Australia. The block complements the company’s existing portfoli...