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Oil gas
BP and Shell share prices at 25-year low: Does this call for investment in oil stocks?
October 08, 2020 02:05 AM AEDT| By Team Kalkine MediaSummary In early October 2020, the share prices of BP and Shell hit their lowest levels in 25 years. Recent increase in Covid-19 infections globally has fueled fears of a fall in demand for energy. Lower demand for oil has resulted in considera.....
Premier Oil Plc to Be Taken Over by Chrysaor Holdings Ltd in A Reverse Takeover Deal
October 08, 2020 12:53 AM AEDT| By Team Kalkine MediaSummary The management of Premier Oil Plc under the pressure of heavy debt and mounting pressure from creditors has agreed to be taken over by privately held Chrysaor Holdings Ltd. The deal paves the way for Chrysaor Holdings Ltd to have an ind.....
Octopus Energy’s new data science and AI centre to create 1000 jobs
October 07, 2020 02:00 AM AEDT| By Kunal SawhneyTech unicorn Octopus Energy Ltd., a pioneer in the sustainable energy sector, has announced its plans to create a new technology hub focusing on data science and artificial intelligence (AI) headquartered in Manchester. The company official.....
Two Resource Stocks Trending on LSE - San Leon Energy PLC & Prospex Energy PLC
October 01, 2020 11:20 PM AEST| By Team Kalkine MediaSummary San Leon Energy extended the proposed investment date in Decklar Petroleum and Oza Field to 31 October 2020. It would provide a conditional loan of USD 7.5 million to Decklar Petroleum Limited, and it would also acquire a 15 percent equ.....
Tullow Oil Shares Remain Bearish on Sluggish Demand Post-Lockdown
October 01, 2020 10:50 PM AEST| By Team Kalkine MediaSummary The poor stock performance of Tullow Oil Plc has come despite strong revenue performance reported by the company in the first half of 2020. The major reason that has been responsible for the poor stock performance during the year is the.....
Investors Unhappy With BP’s Net Zero Target: Stock Sinks To 25-Year Low
September 30, 2020 10:11 PM AEST| By Hina ChowdharySummary The shares of the company touched their lowest value on 29 September 2020 since October 1995 The dip has been caused by the company’s Net Zero transition plan, which was recently presented by CEO Bernard Looney. The British oil m.....
Oil Demand Outlook Stays Weak: Focus On BP, RDSA, And TLW
September 15, 2020 11:11 PM AEST| By Kunal SawhneySummary The country’s continental shelf contains a large amount of recoverable petroleum reserves BP predicts the global oil consumption to drop by 50 per cent by 2050 Focus on the stocks of BP, RDSA, And TLW A new report from the O.....
BP Plc Marks Debut to Offshore Wind Market in A Strategic Partnership with Equinor
September 11, 2020 02:20 PM AEST| By Hina ChowdharyBP Plc (LON: BP.) has entered the offshore wind market through a strategic partnership with the Norwegian state oil company, Equinor, to develop offshore wind projects in the United States (US). Apart from the strategic partnership, the energy comp.....
Two Energy Stocks Trending on LSE – Egdon Resources PLC & Petroneft Resources PLC
August 26, 2020 11:30 PM AEST| By Hina ChowdharySummary Egdon Resources completed the farm-in agreement with Shell UK for Resolution and Endeavour gas discoveries. Egdon Resources would retain 30 percent interest in the Resolution and Endeavour gas discoveries. Egdon Resources announced the.....
Major Institutional Investor Dumps Biggest Fossil Fuel Stocks for Lobbying Against Climate Action
August 25, 2020 11:40 PM AEST| By Hina ChowdharySummary Storebrand, Norway based financial services firm has reportedly dumped stocks of fossil fuel players The world is looking towards a greener recovery while the economies have opened with enhanced safety measures in place BP Plc has met .....
Operational Review of Two AIM Listed Resource Stocks – Hurricane Energy & Cadence Minerals
August 22, 2020 11:00 PM AEST| By Kunal SawhneySummary Hurricane Energy appointed Antony Maris as the new CEO of the Company. Hurricane Energy produced 17,000 bopd of oil from two wells in Lancaster field. Hurricane Energy has put Aoka Mizu FPSO on maintenance. Cadence Minerals raised &po.....
Quick Insights on Two Energy Stocks – Nostrum Oil & Gas & Petrotal Corporation
August 19, 2020 11:40 PM AEST| By Kunal SawhneySummary Nostrum Oil & Gas reported revenue of USD 92.6 million in H1 FY2020. Nostrum Oil & Gas sold 22,624 boepd of products in H1 FY2020. Nostrum Oil & Gas has paused all the drilling activities. Petrotal's Bretana oil field was .....
How is the needle moving on two AIM listed stocks – Deltic Energy & Clontarf Energy?
August 12, 2020 11:40 PM AEST| By Hina ChowdharySummary Deltic Energy announced an enhanced prospect of resource estimate at Selene project. Cluff Natural Resources PLC’s name changed to Deltic Energy PLC in June 2020. Clontarf Energy plans to start work at Tano 2A in Ghana after.....
Recent Business Updates Unveiled by 2 FTSE-100 Stocks: Royal Dutch Shell PLC & BAE Systems PLC
July 30, 2020 11:30 PM AEST| By Team Kalkine MediaSummary The FTSE-100 index was down by about 2.96 percent against the previous day close, and trading at 5,949.81 (as on 30 July 2020 before the market close at 2:20 PM GMT+1). The UK car production declined by 40 percent year on year for the f.....
Tracking Developments of Two FTSE Listed Stocks: Pantheon Resources & Rockfire Resources
July 24, 2020 11:20 PM AEST| By Team Kalkine MediaSummary In June 2020, the retail sales in the UK increased by 13.9 percent month on month as reported by the Office for National Statistics. However, the sales were down by 1.6 percent year on year in June 2020. The UK’s PMI index increas.....
Quick Glance at Two AIM Listed Players: Egdon Resources PLC & Empire Metals Limited
July 24, 2020 02:30 PM AEST| By Kunal SawhneyGiven the above-market conditions, we would review two stocks - Egdon Resources PLC (LON: EDR) & Empire Metals Limited (LON: EEE). Egdon Resources is an energy stock, whereas Empire Metals is a basic materials stock. EDR and EEE were up by abou.....
Performance Review of 2 FTSE Listed Resource Players: Independent Oil & Gas & Jangada Mines
July 10, 2020 10:45 PM AEST| By Team Kalkine MediaSummary As per the industry experts, the British economy is expected to shrink by close to 10.1 percent in 2020. Growth of about 7.1 percent is expected next year. The Brent crude oil was trading at USD 42.98 per barrel up by 1.46 percent (as o.....
Highlands Natural Resources Plc Makes Quick Growth With New Cannabidiol Operations
June 18, 2019 08:40 AM AEST| By Hina ChowdharyHighlands Natural Resources Plc (HNR) is a UK-based oil and gas company, providing technical products and services. The company identifies the portfolio of projects which generate stable revenue of 80 per cent and has the potential for stimulating ca...
A Review On Oil & Gas Producers – UJO & COPL
June 12, 2019 02:31 AM AEST| By Team Kalkine MediaUnion Jack Oil PLC Union Jack Oil plc (LSE:UJO) is one of the major oils & gas producers based in the United Kingdom. It is into drilling, development, production and investment in the hydrocarbon sector. The stock of the company is listed on th...
Oil & Gas Explorer And Producer Genel Energy Plc Appointed Mike Adams As Technical Director
June 08, 2019 08:10 AM AEST| By Team Kalkine MediaThe Genel Energy Plc is engaged in the business of exploration and production of Oil and Gas. GENL shares are traded on the main market of the London Stock Exchange. The group has the largest reserves and resources in the Kurdistan region of Iraq. Th...
AI on the Rise: A Look at Top AI Companies and Their Stocks