NG., DRX, CNA: Stocks to eye as talks are on to keep coal power units open

With a rough winter lying ahead for Brits, the UK Government has been negotiating with the French energy firm EDF to continue the functioning of a coal-fired power station in Nottinghamshire for five more months than planned earlier. © 2022...

SHEL, DEC, BP.: FTSE stocks to eye amid urgent review of fuel market

In a bid to regulate the fuel market, UK Business Secretary Kwasi Kwarteng has urged the Competition and Markets Authority (CMA) to examine the current situation and look if the petrol stations have passed on the 5p fuel duty cut to consumers. &...

HTG, ENQ, ENOG: Stocks to explore amid fears of interest rate hikes

Highlights The UK’s blue-chip FTSE 100 index and the European stock markets were trading in the negative territory prior to a major meeting of the European Central Bank regarding interest rate hikes. While the FTSE 100 was down for t...

BP., HBR, SHEL: Are these North Sea oil & gas producers a good bet for now?

After Chancellor Rishi Sunak recently levied a £5 billion windfall tax on the North Sea oil and gas producers, over £8 billion of North Sea energy projects may potentially start production soon as fossil fuel companies are hoping to tak...

SHEL, HBR, VVO: Oil stocks to watch as petrol prices hit a new record high

The average petrol prices have soared to a new record high of 177.9p a litre at UK forecourts from 172.1p on 27 May, according to figures from data firm Experian Catalist. ©2022 Kalkine Media® According to the RAC, the average cost of ...

SHEL, BP., HBR: Should you invest in these stocks with rising oil prices?

countries. Amid rising inflationary pressures, the global oil price has surpassed the US$120 (£94.90) barrel mark for the time since late March on Monday, 30 May. With petrol and diesel prices touching record high levels in the UK, the co...

SHEL, BP.: Stocks to consider after Sunak confirms U-turn on windfall tax

The Boris Johnson government has taken a U-turn on its opposition to Windfall tax by announcing a 25% increase in taxes on North Sea energy companies, which is expected to raise £5 billion in the next year. ©2022 Kalkine Media® C...

DEC, VVO, TLW: Stocks to watch if oil prices rise further in coming months

A rise in energy demand in the next few months could further raise the oil prices and push most countries into recession, the International Energy Agency warned on Monday. ©2022 Kalkine Media® Speaking at Davos on Monday, IEA Executive...

SHEL, HBR, BP.: FTSE stocks to consider if windfall tax is imposed

Lately, the demand for a windfall tax has been growing, but the oil and gas industry has denied the call for the one-off levy. However, Chancellor Rishi Sunak has instructed the officials to lay out the plans for a potential windfall tax on over &p...

BP., SHEL, HBR: Oil giants say no to windfall tax, should you buy these stocks?

Amid the rising demand for a windfall tax, oil and gas industries have rejected the call for the one-off levy. The supporters of the tax claim that the oil and gas giants, like BP and Shell, have been making extraordinary profits due to the soaring...