Commodities

Bahamas Petroleum secures key extension to southern licences

Shares in Bahamas Petroleum Company enjoyed a near 18 per cent gain in morning trading on Monday after the AIM-quoted…

Northern Petroleum closes the deal with Shell for a Po Valley exploration project

By Stewart Dalby In March we wrote that the AIM quoted E & P Northern Petroleum appeared to have pulled…

Providence Resources takes encouragement from oil seeps near its Polaris prospect

By Amy McLellan Providence Resources has released details of its Polaris oil prospect in the Rathlin Basin off the coast…

Oil prices continue to climb despite the fundamentals remaining out of balance

By Eithne Trreanor The oil price seems to have found a new level as investors and traders ponder the state…

Atlantic Petroleum sells Pegasus West stake in deal worth up to £16.5 million

By Amy McLellan Atlantic Petroleum, which is listed in Copenhagen and Oslo, has sold off its 10 per cent stake…

Sound Oil enters exclusive talks for Tendrara licence in Morocco

By Amy McLellan Powered by its successes in Italy, Sound Oil is again looking to diversify. Earlier this year it…

IGas completes INEOS farm-out as CEO bows out

By Amy McLellan There's a change at the top at IGas, with CEO and co-founder Andrew Austin stepping down from…

Plexus Holdings adds more contract wins

By Amy McLellan Another month, another contract win for specialist wellhead company Plexus Holdings. The AIM-quoted company, which has developed…

Rose Petroleum gives out some positives but also one disappointment in its latest update on its Shale and conventional assets in Utah

By Stewart Dalby AIM listed oil & gas start-up Rose Petroleum gave out some positives but also one disappointment in…

Market Overview: Signs of economic growth particularly in Asia bring a sense of optimism to oil markets

By Eithne Treanor The resilience in the oil price was welcomed this week as signs of growth brought a temporary…