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Oil gas
ExxonMobil writes down value of its assets amid the ongoing energy m...
December 02, 2020 01:21 AM AEDT | By Team Kalkine MediaSummary The company has written down the value of its natural gas assets by $17 billion and also slashed its capital spending to a 15-year low. Th...
Royal Dutch Shell Plc (LON: RDSA) Faces First Court Hearing in Clima...
December 01, 2020 06:27 PM AEDT | By Team Kalkine MediaSummary Shell is going to face a Dutch court in a climate case filed by environmentalists and human rights organisations The environmentalists hav...
Royal Dutch Shell to close its Louisiana-based refinery
November 28, 2020 07:17 PM AEDT | By Kunal SawhneyOil and gas major Royal Dutch Shell plc (LON: RSDA) is planning to permanently shutdown its 211,146 bpd Convent refinery in Louisiana by early next we...
How will Block Energy benefit from the acquisition of SRCL?
November 24, 2020 01:17 AM AEDT | By Team Kalkine MediaSummary Block Energy Plc has reported its first commercial sale from West Rustavi oil & gas field. The Company has made sale proceeds in US$ 5...
BP moving to hydrogen as renewables hit a record growth
November 12, 2020 12:40 AM AEDT | By Kunal SawhneySummary Offshore wind to power the oil major’s onshore hydrogen plant in Germany 90 per cent of the new electricity generation to come from...
AFC Energy makes notable business advancements in 2020
November 05, 2020 05:15 AM AEDT | By Team Kalkine MediaSummary Various commercial agreements at different developmental stages, growing across key markets Accomplished an oversubscribed fundraiser, lar...
Shell’s Shares in A Sombre Mood After A Social Media Post Row
November 05, 2020 01:58 AM AEDT | By Kunal SawhneySummary Shell had posted a climate poll on a social media platform and suffered backlash from netizens The Group aims to reshuffle its R...
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BP releases positive results for Q3, but share price slumps
October 28, 2020 11:38 PM AEDT | By Team Kalkine MediaBP releases positive results for Q3, but share price slumps The oil major reports small profit but cautions over pandemic related uncertainties BP...
Tullow oil shares close 25 per cent up as Uganda govt approves $575...
October 22, 2020 11:59 PM AEDT | By Kunal SawhneySummary Tullow had been waiting since 2017 to close its divestment in the Lake Albert Development Project but was constantly obstructed. After com...
BP draws investors’ attention over lowering carbon footprint
October 16, 2020 09:41 PM AEDT | By Kunal SawhneySummary BP (LON: ) had announced a " Net Zero" plan to reduce its carbon footprint to zero by the year 2050. The company currently emits nearly 40...
Deloitte Steps Down as Issa Brothers’ EG Group Auditor
October 16, 2020 02:31 AM AEDT | By Kunal SawhneySummary The British petrol stations company, EG Group has appointed KPMG as its new auditor after Deloitte resigned on governance concern Deloitte...
Aminex (LON: AEX) share price shot up after receiving Tanzania’s app...
October 14, 2020 07:37 PM AEDT | By Team Kalkine MediaSummary The Government of Tanzania provided approval to Aminex for transferring a 50 per cent interest in the Ruvuma PSA to ARA After completing t...
Wood Group (LON: WG.) extends its credit facility
October 12, 2020 05:51 PM AEDT | By Team Kalkine MediaSummary Wood Group extended its revolving credit facility till May 2023. Due to considerable financial headroom and liquidity positions, Wood Grou...
Shell and BP Share Price Collapse - Is It Fear of Another Divergence...
October 10, 2020 11:49 PM AEDT | By Team Kalkine MediaSummary Shell and BP shares have dropped significantly during the first week of October with a sudden spike in Covid-19 cases With the onslaught...
BP and Shell share prices at 25-year low: Does this call for investm...
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 globall...
Premier Oil Plc to Be Taken Over by Chrysaor Holdings Ltd in A Rever...
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 priv...
Octopus Energy’s new data science and AI centre to create 1000 jobs
October 07, 2020 02:00 AM AEDT | By Kunal Sawhney Tech unicorn Octopus Energy Ltd., a pioneer in the sustainable energy sector, has announced its plans to create a new technology hub focusing...
Two Resource Stocks Trending on LSE - San Leon Energy PLC & Prospex...
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 conditiona...
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....
Investors Unhappy With BP’s Net Zero Target: Stock Sinks To 25-Year...
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’...
AI on the Rise: A Look at Top AI Companies and Their Stocks
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