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Hellenic Petroleum announces first quarter 2015 results

The Board of Directors of HELLENIC PETROLEUM approved today the Group's consolidated financial statements of 1Q15. A positive set of results driven by strong benchmark refining margins, increased exports and improved performance of all business units, both in ...

PetroFrontier Corp. announces resignation of directors

PetroFrontier Corp. announces that Kent Jespersen and Martin McGoldrick have resigned as directors of the Corporation to pursue other interests. Both Kent and Martin have been directors of PetroFrontier from its earliest days in 2009 and have been actively inv ...

Tuscany Energy announces financial and operating results for the three months ended March 31 2015

Tuscany Energy Ltd. (TSX VENTURE:TUS) is pleased to report satisfactory financial and operating results for the first quarter of 2015. It was a difficult quarter due to the sharp decline in heavy oil prices, which dictated an almost complete cessation of acti ...

Canadian oil has its Jean-Paul Sartre moment: hell is a lack of investors

The Canadian oil patch is undergoing an existential moment as low oil prices have scared off investors and thrown the future of further oil sands projects into disarray. The whisper mill says that Suncor's Fort Hills will be the last of the multi-billion doll ...

The Stock to Own if US Oil Production Stays Stronger for Longer

The Opaque World of Crude Oil The latest EIA stats painted a seemingly bullish picture for North American crude oil right now. Crude prices have rebounded from the March re-test of the low, US production seems to finally be falling and Cushing storage levels ...

Premier Oil exits Block 2-B, onshore Kenya, Joint Venture

Tower Resources plc (TRP.L, TRP LN), the AIM-listed Africa-focussed oil and gas exploration company, provides an update on the status of Block-2B, onshore Kenya. Tower has received formal notification from Lion Petroleum Inc., the wholly-owned Kenya-based sub ...

Stetson Oil & Gas appoints new director

Stetson Oil & Gas Ltd. (TSX VENTURE:SSN) welcomes Mr. Lars Vännman to its Board of Directors. Mr. Lars Vännman is a business executive and advisor with over 40 years of extensive experience in the international base and precious metal mining and proc ...

Leucrotta Exploration provides corporate update

Leucrotta Exploration Inc. (TSX VENTURE:LXE) is pleased to announce a corporate update following the previously announced sale of a portion of its Northeast British Columbia assets. The assets were sold for approximately $80 million and has left the Company in ...

Synergy Resources appoints new President

Synergy Resources Corporation (NYSE MKT: SYRG), a U.S. oil and gas exploration and production company focused in the Denver-Julesburg Basin, announced that Mr. Lynn Peterson has joined the executive team at Synergy as President of the company. Mr. Peterson wil ...

Clean Energy Fuels Corp. to rename subsidiaries, incorporating Clean Energy brand

Clean Energy Fuels Corp. (NASDAQ: CLNE) today announced at its Annual Shareholders' meeting that its wholly-owned subsidiaries, IMW Industries, NorthStar Inc. and Clean Energy Renewable Fuels (CERF) have been renamed and redefined as divisions of Clean Energy ...

SM Energy announces the appointment of Senior Director of Investor Relations

SM Energy Company (NYSE: SM) today announces that Jennifer Martin Samuels has joined the Company as Senior Director of Investor Relations. Jay Ottoson, President and CEO, noted, 'I am very pleased to welcome Jennifer to the SM team. Her experience and strengt ...

Oil price, Falklands discovery, Premier/Rockhopper/FOGL, Falcon Oil & Gas, Sundry-DNO-Velocys- And finally...

Oil price Still under pressure the oil price fell again yesterday for a number of reasons but mainly due to the strength of the dollar. As I said in an interview with IGTV yesterday, if you are a bull of the dollar you almost have to be a bear of oil and that ...

Offshore revenue sharing debate stalls before it starts

For years, legislative efforts to give coastal states a larger share of offshore drilling revenue have brought the Senate Energy and Natural Resources Committee 'to a standstill,' Washington Senator Maria Cantwell, the committee's top Democrat said at a hearin ...

Lion Energy announces Lofin-2 flows gas, confirms material discovery

Lion Energy Ltd (ASX Code: LIO) advises that the Lofin-2 well appraising the 2012 Lofin-1 discovery has met key pre-drill objectives. It has significantly extended the proven gas column and provides valuable geological and engineering data including fluid samp ...
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