Master Investor

Aminex and Solo’s important gas pipeline in Tanzania is finally in its closing construction stages
Solo looks forward to first gas from Tanzania soon

Aminex and Solo’s important gas pipeline in Tanzania is finally in its closing construction stages

3 mins. to read

By Stewart Dalby Solo Oil has been in the headlines recently because of its news that it is a partner in a really major oil discovery onshore southern England. But Solo is also involved in another important, if not so dramatic project. It is possible that Aminex and Solo Oil have reached the point where…

Shell swoops on BG Group in £47 billion deal
Shell increase reseerves by 25 per cent by buying BG Group

Shell swoops on BG Group in £47 billion deal

3 mins. to read

By Amy McLellan It’s one of those deals that will have surprised few in the industry with Royal Dutch Shell ending years, if not decades, of speculation by agreeing a recommended cash-and-equity deal for BG Group. The offer values the London-listed exploration and production group at £47 billion, a 50 per cent premium on the…

Petro Matad gushes 65 per cent higher as BG Group joins Mongolia oil hunt
Petromatad drilling in Mongolia

Petro Matad gushes 65 per cent higher as BG Group joins Mongolia oil hunt

2 mins. to read

By Amy McLellan Shares in Petro Matad surged more than 65 per cent on Tuesday after the AIM-quoted explorer surprised the market with news it had struck a farm-out deal with BG Group. Newsflow has been scarce from the frontier explorer in recent years after new management took the company “back to basics” in a…

Canadian junior Candax Energy Tightens Its Belt Despite Rising Tunisian Production
Candax Energy has production from Tunisia

Canadian junior Candax Energy Tightens Its Belt Despite Rising Tunisian Production

1 mins. to read

By Martin Clark Like many others, Canadian indie Candax Energy is keeping a close eye on costs these days as its plots its next step forward in the current challenging operating environment. That includes looking at “strategic and financial alternatives” including the possible sale of the company, a refinancing, or joint ventures.The Toronto-listed group has…

World’s Up-and-Coming Nickel Producers And Explorers Upgrade Reserves
Drilling at Kun-Manie

World’s Up-and-Coming Nickel Producers And Explorers Upgrade Reserves

2 mins. to read

By Emma Cox Despite dismal nickel prices as of late, there’s no stopping nickel exploration and development companies on all sides of the globe from pushing forward with their projects. Australian company Poseidon Nickel has announced that it has upgraded its indicated resources at its Lake Johnston project in Western Australia by 50 percent as…

Azonto Petroleum sees further delay at Gazelle
Azonto offshore Cote d'Ivoire

Azonto Petroleum sees further delay at Gazelle

2 mins. to read

By Amy McLellan As its results make clear, Azonto Petroleum is focused on one goal in 2015 and that’s seeing its Gazelle project in Cote d’Ivoire through to FID. The company, which is listed on ASX and AIM, has cut headcount, slashed G&A and pared down its portfolio to ensure it has the funding to…

Tuesday’s Stock Market Report featuring IAG, Antofagasta, Micro Focus International and AdEPT Telecom

Tuesday’s Stock Market Report featuring IAG, Antofagasta, Micro Focus International and AdEPT Telecom

3 mins. to read

The Markets Activity in the UK services sector accelerated during March according to the latest PMI survey data, which suggested the sector experienced its quickest rate of expansion since August. Markit, which carries out the industrial surveys, said that results for the first three months indicated UK GDP growth of 0.7%, which would be a…