UK Oil & Gas PLC (AIM: UKOG) announced that following the temporary suspension of Pinarova-1 testing operations, larger and more powerful 7-inch perforating guns, capable of fully penetrating Pinarova-1’s 9⅝-inch
Share Talk Weekly Energy Sector News Round-Up, Sunday 3rd September 2023
US oil climbed above $85 a barrel leading into the weekend for the first time since November as supply cuts tighten West Texas Intermediate has risen 2pc.
Share Talk Weekly Energy Sector News Round-Up, Saturday 29th July 2023
Arrow Exploration Corp (TSX-V: AXL, AIM: AXL, OTC: CSTPF) has announced that the Carrizales Norte 2 (CN-2) well at the Tapir Block project in Colombia could potentially yield 1,400 barrels
Share Talk Weekly Energy Sector News Round-Up, Sunday 23rd July 2022
Lansdowne Oil & Gas (AIM: LOGP) shares dipped 29% during Thursday morning trading as the small Irish oil company announced equity funding of up to £200,000.
Share Talk Weekly Energy Sector News Round-Up, Sunday 2nd July 2022
Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has declared a strategic transformation aimed at garnering “sustained market acknowledgement of its recoverable resources”. In alignment with this new strategy, the company intends to
Share Talk Weekly Energy Sector News Round-Up, Sunday 28th May 2022
Saudi Arabia‘s energy minister has issued a cautionary note to oil speculators, advising them to be vigilant before the upcoming meeting that follows the decision by OPEC+ members to significantly
Share Talk Weekly Energy Sector News Round-Up, Saturday 20th May 2022
Union Jack Oil PLC (AIM: UJO) appears more promising following a lucrative takeover offer received by its partner and fellow firm, Egdon Resources PLC (AIM: EDR), according to Shore Capital.
Share Talk Weekly Energy Sector News Round-Up, Saturday 6th May 2022
In April, diesel prices across the UK averaged 159.4p per litre, compared to 146.5p for petrol. However, at the end of the month, diesel’s wholesale prices were 104.9p per litre,
Share Talk Weekly Energy Sector News Round-Up, Monday 1st May 2022
On Monday, oil prices dropped due to worries about the economic repercussions of a possible interest rate hike by the U.S. Federal Reserve and declining Chinese manufacturing figures, which overshadowed
Share Talk Weekly Energy Sector News Round-Up, Sunday 9th 2022
Baker Hughes Co, an energy services company, reported on Thursday that U.S. energy firms decreased the number of active oil and natural gas rigs for the second week in a
Share Talk Weekly Energy Sector News Round-Up, Saturday 18th March 2022
Brent crude futures closed at $72.97 a barrel, down by $1.73, or 2.3%. Meanwhile, U.S. West Texas Intermediate crude decreased by $1.61, or 2.4%, to $66.74.