Latest
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The demand for oil is slowing and green energy is taking over
The IEA forecasts oil demand growth to slow sharply in the next few years. The end of the era may be underway.
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The Net Zero delusion will drive oil prices higher
Tips The world needs more oil, but producers are not investing enough to meet rising demand. That suggests the outlook for prices, and oil stocks is bright says Dominic Frisby.
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EnQuest buys in to Kraken discovery
News EnQuest, the North Sea focused oil company, is spending up to $90m for a 20% interest in the Kraken oil discovery in the East Shetland basin.
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Tower Resources rises on drill funding
News Tower Resources, the Africa focused oil and gas explorer, is up 2.3% this morning on news of a new financing agreement.
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Nostra Terra clarifies loan terms, stock rises
News Nostra Terra Oil and Gas is up 0.5% this morning after rising as much as 5% following news of a loan extension it has given Hewitt Petroleum.
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Range Resources down on drilling update
News Range Resources, the oil and gas explorer, has dropped 3% this morning following the announcement it is yet to reach its target depth at its Albrecht appraisal well in Texas.
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Shell ends final salary pension scheme
News Shell, the Dutch oil and gas company which is listed in London, is to close its final salary pension scheme, the last FTSE 100 company to do so.
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Petrofac buddies up with Schlumberger
News Oilfield services firms Petrofac and Schlumberger are to combine forces on a number of production projects in the emerging and growing production services and production enhancement market.
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Aurelian wins two news licences
News Europe-focused exploration and production company Aurelian Oil and Gas, has been awarded two new licences by the Ministry of Environment in Poland.
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