The geopolitical tensions surrounding the Strait of Hormuz have created a significant financial opportunity for two of Britain’s largest energy companies. Shell and BP are positioned to capture an additional
The geopolitical tensions surrounding the Strait of Hormuz have created a significant financial opportunity for two of Britain’s largest energy companies. Shell and BP are positioned to capture an additional
The collapse of nuclear negotiations between the United States and Iran in February 2026 represents a significant escalation in geopolitical tensions with profound implications for global markets, energy security, and
US forces have begun withdrawing from Ain al-Asad airbase in western Iraq, according to media reports.
Oil prices are set for a slide back into the mid to high $50s this year as swelling supplies collide with sluggish global growth, according to analysts at Morgan Stanley.
Defence shares struck a high note at the open in London, powering to the top of the leaderboard and standing out as some of the strongest performers on the FTSE
Oil prices extended their decline after the removal of Nicolas Maduro opened the door for Venezuela to revive its battered crude industry and potentially bring more supply onto global markets.
The Venezuelan oil sector has languished for years under the weight of chronic underinvestment, deteriorating infrastructure and endemic corruption. Following recent military action in Caracas that resulted in the detention
Nearly £11 billion was wiped off the value of Britain’s largest oil companies following reports that Saudi Arabia may abandon its unofficial oil price target.
Kurdistan-focused oil producer Gulf Keystone Petroleum Ltd saw a significant rise in shares on Friday after announcing plans to return an additional $15 million to shareholders via an interim dividend.
According to four sources familiar with the matter, the federal government of Iraq and the Kurdistan Regional Government (KRG) are nearing a deal that would facilitate the resumption of northern
Shares of Gulf Keystone Petroleum Limited (LSE: GKP) declined c16% during Monday’s early deals, following the company’s announcement that the Iraq-Turkey pipeline, the primary export route from the Kurdistan region
Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, is pleased to announce that the Board has approved the declaration of a special dividend of