Oil gas

Why Did Gulf Keystone Petroleum (LON:GKP) Move Past Its 200-Day Movi...

Highlights,Gulf Keystone Petroleum's stock price surpassed its 200-day moving average during recent trading sessions.,The company's stock traded at a...

Why Did Petrel Resources (LON:PET) Experience a 6.4% Stock Price Dec...

Headlines,Petrel Resources operates in the oil and gas exploration sector, focusing on identifying and developing hydrocarbon resources.,The company's...

Statkraft Releases 2024 Results Amid Challenging Power Price Environ...

Highlights:,Robust 2024 Performance:,Strong operations and record energy management drive resilient results despite lower power prices.,Financial Metr...

National Grid Sells US Onshore Renewables Business to Brookfield in...

Highlights,National Grid agrees to sell its US onshore renewables business to Brookfield Asset Management and partners.,The deal, valued at $1.735 bil...

Petrofac Finalizes Financial Restructuring Plan, Secures $355 Millio...

Highlights,Court proceedings for restructuring to begin on 28 February 2025, with completion expected by 31 March 2025.,Petrofac secures $80 million c...

UK Oil & Gas PLC (AIM: UKOG) Raises £400,431 for Hydrogen Storage Pr...

Highlights:,£400,431 raised through private placing at 0.0102 pence per share.,Proceeds will support South Dorset hydrogen storage project and HSBM Pr...

Glencore Reports Lower 2024 Earnings Amid Weaker Energy Coal Prices

Highlights,$14.4 billion Adjusted EBITDA,, down,16%,, driven by,lower energy coal prices,.,Marketing Adjusted EBIT of $3.2 billion,, at the,top end,of...

Corcel Raises £2.72 Million to Accelerate Growth in Angola and Brazi...

Highlights:,£2.72 million raised at a 6.7% premium to the previous closing price.,Funds to boost operations in Angola and Brazil, focusing on growth i...

Challenger Energy to Sell Trinidad and Tobago Operations for $6 Mill...

Highlights:,Challenger Energy sells its Trinidad and Tobago operations for $6 million, with potential to increase to $8 million based on production mi...

Predator Oil & Gas Acquires Trinidad Operations from Challenger Ener...

Highlights:,Acquisition includes three producing fields: Goudron, Inniss Trinity, and Icacos, with current production of 272 barrels of oil per day (b...

Europa Oil & Gas appoints major shareholder as new chairperson.

Highlights,Leadership Change Bo Krøll appointed as non-executive director and chairman of Europa Oil & Gas (AIM:EOG).,Growth Focus Krøll’s extensive e...

BP Delivers Positive Performance in 4Q24 with $1.75B Share Buyback...

Highlights,Robust Financial Performance:,$27.3B in operating cash flow and $38.0B in adjusted EBITDA for 2024.,Strategic Growth Initiatives:,Final Inv...

Empyrean Energy Increases Stake in Wilson River-1 Well with £625K Fu...

Highlights,Empyrean secures an additional 12.8% working interest,in the Wilson River-1 well, increasing its stake to 52.8%.,£625,000 raised through a...

Seascape Energy Advances Southeast Asia Expansion with Block 2A Deal...

Highlights,Block 2A Farm-Out Completion on Track:,Seascape to retain,10% interest,in,1.7 billion boe Kertang prospect,at,zero cost,after finalizing it...

Predator Oil & Gas Holdings Plc (LSE: PRD) Raises £2 Million Through...

Highlights,50 million new ordinary shares issued to raise £2 million,Strategic investors commit to the company’s growth plans,Funds will support drill...

Is Falcon Oil & Gas (LON:FOG) Facing Market Challenges?

Highlights,Falcon Oil & Gas,(LON:FOG),experienced a decrease in its stock price, with a 5.7% drop on Tuesday.,The company focuses on unconventional oi...

ITM Power Reports Significant Year-on-Year Progress in Interim Resul...

Highlights,Revenue Growth:,Revenue up 74% to £15.5 million for H1 2025.,Improved Cash Position:,Cash at £203.1 million, above previous FY guidance.,Re...

Capricorn Energy shares outlook ahead of 2024 results

Highlights,2024 Financial Performance:,Revenues of $143M; net cash of $23M after receiving $135M in Egypt payments.,Operational Progress:,Average FY20...

Harbour Energy Unveils 2024 Results Following Transformational Winte...

Highlights,Production Growth:,Output surged by 40% to 258 kboepd, with diversified contributions from liquids and gas.,Revenue and EBITDAX Surge:,Reve...

Savannah Energy Reports 36% Rise in Income in FY24, What Lies Ahead?

Highlights,Solid Revenue Growth:,Total income increased by 36% YoY to US$393.6 million, driven by a significant rise in other operating income.,Cash F...