Oil and Gas

Pantheon Resources stock (LSE:PANR) has skyrocketed seriously, making substantial gains. The bullish race started gradually in September, becoming more and more serious in October. But this month, the bullish race was so momentous that the price almost went up in a straight line. Would this bullish race be sustained? 4 EMAs are used for this […]

Tullow Oil shares (LSE:TLW) are currently seen as a lure that can make buyers go into a trap – as the current price action shows. The market trended seriously downwards in the most part of this year. The market started making some bullish attempts from October 2015, which has been rejected repeatedly around the resistance […]

What are the details? BP today announced that it has signed a Heads of Agreement (HoA) with the Egyptian Minister of Petroleum, His Excellency Eng. Tarek El Molla, regarding the acceleration of the development of the recent Atoll gas discovery. The Atoll discovery (BP 100%) in the North Damietta Offshore Concession in the East Nile […]

What are the details? TransAtlantic Petroleum Ltd. (NYSE-MKT:TAT) (TSX:TNP) today announced financial results for the quarter ended September 30, 2015 and provided an update on its operations. Third Quarter 2015 Highlights – Revenue of $20.2 million – Consolidated Adjusted EBITDAX from continuing operations of $14.9 million (Adjusted EBITDAX is a non-GAAP financial measure that is...

Commencement of 10 Well Drilling Programme with Continental Resources in Oklahoma Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, has announced the commencement of a 10 well drilling programme, as announced on 2 October 2015, targeting the proven Woodford formation in the prolific South-Central Oklahoma Oil Province […]

Gulf keystone stock (LSE:GKP) is bearish in outlook and this is the trend that is supposed to continue holding out for the rest of this year. The hope of a bullish recovering has been dashed for the year. In the chart, we can see that the price is currently below the EMA 21 and the […]

BP Technology Outlook predicts secure and sustainable energy future through application of existing and new technologies Advances in technology will keep energy supplies plentiful and affordable – enough to meet projected demand many times over — and help pave the way to a lower carbon energy mix, according to data published today in the BP […]

The share price of Royal Dutch Shell (LSE:RDSA) got shelled today on the London Exchange, falling 1.52% (-26.50) to 1,711.50 after publishing a less than glorious third quarter earnings report. In addition to report a loss in excess of $7.4 billion ($6.1 billion based on current cost of supplies), Shell’s cash flow from operating activities […]

what are the details? In an expansion of their ongoing global partnership, BP and China National Petroleum Corporation (CNPC) today entered into a framework agreement on strategic cooperation covering potential shale gas exploration and production in the Sichuan Basin and future fuel retailing ventures in China and other international partnerships. “The success of our Rumaila […]

Shoats Creek Update Northcote has noted the announcement by Red Rock Resources today that it has entered into an option agreement with Shoats Creek Development, Inc., Northcote’s partner at the Shoats Creek Field, Louisiana, to farm-in to certain planned development wells. Subject to the exercise of the option RRR, alongside Northcote, will participate with a […]