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The Two Most Important Questions Right Now

Canadian natural gas prices on the spot market hit an intraday low of $0.05/mcf earlier this month—that's FIVE CENTS per thousand cubic feet. That was a result of the massive forest fires around the oilsands hub city of Fort MacMurray, which has taken 1 ...

Cub Energy announces first quarter 2016 results

Cub Energy Inc. (TSX VENTURE:KUB), a Ukraine-focused upstream oil and gas company, announced today its unaudited interim financial and operating results for the first quarter of 2016. All dollar amounts are expressed in United States Dollars. This update inclu ...

STEALTHGAS announces first quarter 2016 results

STEALTHGAS INC. (NASDAQ:GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the first quarter ended March 31, 2016. O ...

Toro Oil & Gas announces first quarter 2016 results

Toro Oil & Gas Ltd. (TSXV: TOO) announces its financial and operating results for the three month period ended March 31, 2016. First Quarter 2016 Financial and Operational Highlights Averaged 873 boe/d in production during Q1 2016, of which 63% represents oil ...

Terrace Energy provides update on continued restructuring plans

Terrace Energy Corp. (TSXV: TZR, OTCQX: TCRRF; Germany: 2TR) provides the following update to stakeholders of the Company. Financial Restructuring Plans The Company's wholly-owned subsidiary, Terrace STS, LLC ('STS'), was unable to satisfy certain financial ...

Who Will Benefit From The Electrification Of Transport?

The recent launch of the Tesla Model 3 has proven a massive global demand for electric vehicles. Thus, it is no longer the question if the electrification of transport will take place, but rather when exactly. In an earlier article, 'Wake up call for oil comp ...

Oil price, IGas, Sundry-Range Resources-Exxon-Woodside-Sound- And finally...

Oil prices The first up day for a while and that was before the API inventory number came out after the close. Trying to pick the bones out of those numbers is more difficult than it first seems, the crude number, showing a draw of 5.1m barrels roughly double ...

Petrel Resources provides update on 3D seismic surveys on Irish Atlantic acreage

Petrel Resources plc. (AIM: PET), is pleased to update the market on the 3D seismic surveys on Petrel acreage in the Irish Atlantic scheduled for summer 2016. We are pleased to confirm that environmental approvals were received from the Department of Communic ...

Trinity Exploration & Production announces first quarter 2016 results

Trinity, an independent E&P company focused on Trinidad and Tobago, announces its preliminary results for the twelve months ended 31 December 2015. Financial highlights Average realised oil price of USD 45.5/bbl for 2015 (2014: USD 85.8/bbl) Revenues of USD 4 ...

Independent Resources announces financial update

Following its announcement of 10 May, 2016, IRG is pleased to announce that it has made further substantial progress in improving its financial position through reducing its indebtedness by a further £305,000 to approximately £230,000 (unaudited). ...

Nostrum Oil & Gas announces financial results for first quarter 2016

Nostrum Oil & Gas PLC (LSE: NOG), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces its results in respect of the three month period ended 31 March 2016. Highlig ...

IGas provides trading statement ahead of today's AGM

IGas today provides the following statement in relation to trading for the period 1 January to 24 May. This update is issued in advance of the Company's Annual General Meeting which is being held at 10.30am today. Highlights: Production and existing assets P ...

Fed Raising Interest Rates in June? Marc Faber Says No, Is Bullish on Gold and Oil Stocks

Marc Faber, editor of the Gloom, Boom & Doom Report, is bullish on gold and oil and gas stocks. Given the abundant speculation about the Federal Reserve and interest rates, Marc Faber told CNBC last week he believes the Fed is closely watching the market reac ...

Range Resources Limited announces board and management changes

The Board of Range announces that Mr Zhiwei (Kerry) Gu, who joined the Board in January 2015 as a Non-Executive Director, will assume the role of Non-Executive Chairman, effective immediately. Mr Gu is an experienced corporate lawyer who has worked across vari ...
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