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Oil gas
Eco Atlantic Oil & Gas: Massive Undervalued Potential as Catalysts Build
September 14, 2024 03:13 AM AEST| By Team Kalkine MediaEco (Atlantic) Oil & Gas Ltd,(LSE:ECO),has recently had its undervalued potential brought into the spotlight by European investment bank Berenberg, which identifies several "transformational" catalysts in the company's future.,In the current market e...
National Grid (LSE:NG) Reaches £630 Million Deal to Sell Electricity System Operator
September 13, 2024 04:36 PM AEST| By Team Kalkine MediaNational Grid plc (LSE:NG) has announced a major development with HM Government, agreeing to sell its Electricity System Operator (ESO) for an enterprise value of £630 million. The transaction's final cash consideration will be subject to standard cl...
Energean Reports Record First Half but Narrows Full-Year Outlook
September 11, 2024 11:00 PM AEST| By Team Kalkine MediaEnergean,(LSE:ENOG),reported record financial and operational results for the first half of the year, driven by the commencement of production at the Karish North field and the completion of a second gas export riser in Israel.,For the period, the FT...
Brent Crude Prices Hit Lowest Levels Since December 2021
September 11, 2024 09:56 PM AEST| By Team Kalkine MediaBrent crude oil prices have dropped below $70 a barrel for the first time since December 2021, following a downward revision in global oil demand forecasts by OPEC. The recent decline reflects shifting market expectations based on new data and econom...
Sunda Energy CEO Discusses H1 Milestones, New Strategy, and Southeast Asia Focus
September 09, 2024 11:20 PM AEST| By Team Kalkine MediaAndy Butler, CEO of Sunda Energy PLC (LSE:SNDA), recently discussed the company's recent progress and strategic realignment following the release of its interim results. In his conversation with Proactive, Butler detailed Sunda Energy’s renewed focus...
Petro Matad Provides Operational Update on Heron-2 Well and Other Developments
September 09, 2024 04:43 PM AEST| By Team Kalkine MediaPetro Matad Limited, an AIM-quoted Mongolian oil company, has issued an operational update highlighting recent advancements and ongoing projects in its portfolio.,Spudding of Heron-2 Development Well,Petro Matad has announced the spudding of the Hero...
UK Oil & Gas Receives Key Support for Dorset Hydrogen Storage Project
September 09, 2024 04:40 PM AEST| By Team Kalkine MediaUK Oil & Gas PLC (LSE:UKOG) is pleased to announce a major development in its strategic hydrogen storage initiative. Its wholly owned subsidiary, UK Energy Storage (UKEn), has secured a crucial letter of support (LOS) from The Solent Cluster. This en...
Zephyr Energy Optimistic About Paradox Basin Production Testing Results
September 06, 2024 09:43 PM AEST| By Team Kalkine MediaZephyr Energy,(LSE:ZPHR),, an oil and gas company based in the Rocky Mountains, reported successful results from the second phase of production testing at its State 36-2R LNW-CC well in the Paradox Basin project in Utah on Friday. The AIM-traded comp...
Canaccord Genuity Increases Zephyr Energy Target Following 36-2R Test Results
September 06, 2024 09:33 PM AEST| By Team Kalkine MediaOn Friday, analysts at Canaccord Genuity raised their target price for exploration and production company Zephyr Energy,(LSE:ZPHR),from 14.0p to 16.0p following the release of the group's highly anticipated 36-2R production test results.,The results...
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Zephyr Energy Achieves Strong Results in Paradox Basin Well Test
September 06, 2024 05:01 PM AEST| By Team Kalkine MediaZephyr Energy plc (LSE:ZPHR), a Rocky Mountain-based oil and gas company focused on carbon-neutral operations, has announced a successful second phase production test at its flagship State 36-2R LNW-CC well in the Paradox Basin, Utah. The company is...
Invinity Energy Systems Eyes Market Expansion as Next-Generation Product Nears Launch
September 06, 2024 04:52 PM AEST| By Team Kalkine MediaInvinity Energy Systems plc (LSE:IES), a leading global manufacturer of energy storage solutions, has reported promising market developments as the demand for Long Duration Energy Storage (LDES) grows. With governments and industries in the UK, EU, N...
Director Dealings: Harbour Energy Director Increases Shareholding
September 06, 2024 02:45 AM AEST| By Team Kalkine MediaOn Thursday, Harbour Energy announced that Simon Henry, the company’s senior independent director, had acquired 20,000 ordinary shares in the oil and gas firm. Henry, who has held his position since April 2021, made the purchase on Wednesday at an av...
AFC Energy Appoints John Wilson as New CEO, Effective January 2025
September 05, 2024 04:59 PM AEST| By Team Kalkine MediaAFC Energy plc (LSE:AFC) has announced the appointment of John Wilson as its new Chief Executive Officer, starting 6th January 2025. Wilson will succeed Adam Bond, whose decision to step down from the role was previously disclosed. Wilson's appointme...
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EnQuest reduces its net debt in 1H 2024, on track to achieve its full-year guidance
September 05, 2024 04:45 PM AEST| By Team Kalkine MediaEnQuest PLC (LSE:ENQ) delivered stable financial results for the first half of 2024, with cash generated from operations reaching $368.9 million, nearly unchanged from the $370.4 million reported for the same period in 2023. The company’s capital exp...
Aura Energy Submits Permit for Häggån Metals Project in Sweden
September 05, 2024 04:30 PM AEST| By Team Kalkine MediaAura Energy Ltd,(LSE:AURA),has recently submitted two key applications related to its Häggån Project in central Sweden. The company has applied for an exploitation permit for Häggån K no 1 and a new exploration permit for Häggån no 2, which encompass...
Gulf Marine Services Sees Revenue Rise but Net Profit Fall
September 05, 2024 01:58 AM AEST| By Team Kalkine MediaGulf Marine Services,(LSE:GMS),has reported a 9% increase in revenue for the first half of the year, reaching $80.7 million. This growth was attributed to a rise in demand for its S-Class vessels and improved fleet day rates.,However, the company's n...
Centrica Share Price Performance and Future Outlook
September 04, 2024 10:46 PM AEST| By Team Kalkine MediaThe Centrica (LSE: CNA) share price has experienced a decline of 9.1% in 2024, reflecting a challenging year for the energy giant. The significant drop raises questions about the company's future prospects amid the growing emphasis on renewables and...
At a 52-Week Low, Are BP Shares a Steep FTSE 100 Opportunity?
September 04, 2024 09:26 PM AEST| By Team Kalkine MediaBP,(LSE: BP),is facing a challenging year in 2024, with its share price down by 11% and trailing behind its index peer Shell and the FTSE 100 overall. Currently, the stock is trading at a 52-week low, prompting some to question if this could present...
Investment Bank Predicts Oil Could Drop to $60 or Even $50 a Barrel by 2025
September 04, 2024 03:55 PM AEST| By Team Kalkine MediaOil prices continued their downward trend on Wednesday, with Brent front-month futures dropping by 1.3% to $72.81 per barrel, and West Texas Intermediate (WTI) also falling by 1.3% to $69.41. According to analysts at Citi, Brent crude could average a...
Harbour Energy Completes Acquisition of Wintershall Dea Asset Portfolio
September 04, 2024 03:33 PM AEST| By Team Kalkine MediaHarbour Energy has announced the successful completion of its acquisition of Wintershall Dea AG's upstream asset portfolio, known as the Target Portfolio, which was finalized earlier today. The acquisition, with an effective date of June 30, 2023, ma...
AI on the Rise: A Look at Top AI Companies and Their Stocks