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Oil gas
BP's plan for zero carbon emission by 2050, will other companies follow the suite?
August 06, 2020 11:14 AM BST| By Team Kalkine MediaSummary Oil majors BP & RDSA have vowed to reduce carbon footprint by 2050 Supermarket operators SBRY & TSCO are likely to become carbon neutral in the next few decades There are some sectors where reducing carbon footprint still seems.....
Recent Business Updates Unveiled by 2 FTSE-100 Stocks: Royal Dutch Shell PLC & BAE Systems PLC
July 30, 2020 02:30 PM BST| 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 02:20 PM BST| 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 05:30 AM BST| 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 01:45 PM BST| 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.....
Gauging the Operational Performance of 2 Energy Stocks: Nostra Terra Oil and Gas Company & Touchstone Exploration
June 16, 2020 02:20 PM BST| By Team Kalkine MediaThe Fed’s buyback decision triggered the market as the FTSE-100 index increased by 3.56 per cent from the previous day close and was trading at 6,279.64. FTSE AIM All-Share index was trading at 879.49 and was up by 1.93 per cent (before the mar...
Quick Insights on Two Oil and Gas Producers: Empyrean Energy & Lansdowne Oil & Gas
June 10, 2020 02:00 PM BST| By Team Kalkine MediaThe oil prices topped three-months high last week; however, the weak demand and oversupply concern continues to trouble the market. Following were the major highlights of the oil-producing industry today (as on 10th June 2020, before the market close...
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Fossil Fuel Industry on the Brink of Collapse due to Coronavirus Crisis
June 06, 2020 11:00 PM BST| By Team Kalkine MediaCoronavirus pandemic has not only hammered the financial market but has also badly impacted the demand for nearly all forms of fossil fuels-oil, gas, and coal. As per the International Energy Agency (IEA), demand for fossil fuel is estimated to crash...
Impact of Falling Oil Prices on The UK Economy
May 29, 2020 01:58 PM BST| By Kunal SawhneySummary Current trend in the oil prices indicates a slow upward trend, recovering from a severe slump Oil producing companies are looking for ways to survive A gradual improvement in demand for the fuel in post lockdown era is expected Th.....
Global Oil Market Crash: UK Major Supermarket Pumps Cut Petrol Prices To Below £1
May 13, 2020 01:55 AM BST| By Team Kalkine MediaThe lockdown measures are being actively adopted by almost all the affected nations across the world to halt the spread of novel coronavirus. However, due to this lockdown, the demand for oil has reduced exceptionally. 20th April 2020 was the histori...
Dividend Story of Commodity Sector Stocks on LSE- Oil, Gold
May 08, 2020 01:21 AM BST| By Team Kalkine MediaSometimes it’s ironic in the way some industries continue to perform while the general economic conditions of a country are deteriorating. Not only do these companies prosper during these times, but often provide a counterbalance to the negativ...
US Crude Oil Prices Fall Again, Performance of UK Oil Companies Amid the Turmoil
April 29, 2020 08:52 PM BST| By Team Kalkine MediaThere was a massive decline in the price of the crude oil as well as in the price of the various futures contracts of oil on 20th April 2020. The historic fall in price was primarily driven by a war of supply between OPEC+ countries and Russia, as bo...
April 20, 2020, to be marked as “Black Monday” in Oil-market history
April 23, 2020 11:30 PM BST| By Team Kalkine MediaIn the history of oil market April 20, 2020, will be marked as "Black Monday", as, on that very fateful day, the US WTI Crude Futures Contract price fell below zero and charted a negative zone for the first time. The Future contract of WTI Crude Oil...
US and European Equities Rebound in Wednesday’s Session, Driven by Recovery in Oil Prices
April 23, 2020 03:29 AM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 48.55 points or 1.77 per cent higher at 2,785.11, Dow Jones Industrial Average Index expanded by 373.60 points or 1.62 per cent higher at 23...
Global Equities Tumble Due to Oil Crash
April 21, 2020 07:00 AM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 77.96 points or 2.76% lower at 2,745.20, Dow Jones Industrial Average Index contracted by 543.40 points or 2.30% lower at 23,107.04, and the t...
Overnight Crash in Oil Prices Dented Few Blue-Chip Stocks: London Stock Exchange Group PLC and BHP Group PLC
April 21, 2020 04:30 AM BST| By Team Kalkine MediaBritain’s FTSE 100 stock index and European stocks closed slightly higher, post witnessing a volatile session on Monday (20th April 2020), primarily driven by the resilient performance of drug makers and consumer staple giants. However, the col...
OPEC+ Agrees to Historic Oil Production Cut to Subdue Pandemic-Induced Demand Shocks
April 11, 2020 10:49 PM BST| By Team Kalkine MediaAfter intense parleys between Russia, Saudi Arabia and the United States of America over the past one month, crude production cut by at least 10 million barrels a day has been agreed by all the OPEC and non-OPEC oil producing countries except Mexico...
UK Gas Prices at 10-Year Low: Big Guns of the Utility Sector Unlikely To Pass On The Benefits
April 09, 2020 09:19 PM BST| By Team Kalkine MediaThe lockdown-driven halt in manufacturing and trading activity across the country has brought the commercial gas demand significantly down, leading to a massive fall in its wholesale prices. The oil price war between Saudi Arabia and Russia has furth...
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Crude Oil Futures Soar As Trump Fuels Hope Of Saudi-Russia Production Cuts
April 08, 2020 12:11 AM BST| By Team Kalkine MediaThe International crude oil prices have been strengthening in the past couple of days as Saudi Arabia and Russia have agreed for an emergency meeting to discuss upon the modalities of a proposed production cut in order to boost prices. The meeting wh...
Some British Industries to Gain Big Despite PMI Numbers Struggling through Coronavirus Turmoil
April 07, 2020 07:44 PM BST| By Team Kalkine MediaThe effect of the coronavirus pandemic is clearly visible in the UK Composite PMI output index data released by the IHS markit company for the month of March. The press release by the company has stated that the rate of decline recorded this month is...
