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The oil market continues to look for signs of positive growth in the global economy, but week after week, the news fails to thrill. The oil market got a boost earlier in the week with prices close to US$77 but the gains were
Full story...As world leaders of industry gathered in Davos and President Obama spoke of hope and a long road to recovery, the oil price weakened slightly as traders saw little immediate impact to the up side. But the good news for the
Full story...A week in the oil market is a long time where inventory levels change, sentiment shifts direction and economic data is revised and revisited. Weakness in the equity markets and a stronger dollar also impacted prices. Last week
Full story...The production profile of PA Resources, the Stockholm- and Oslo-listed E&P, continues to move in the right direction with the company reporting average production numbers of 13,300 barrels per day for Q4 2009, a firm improvement
Full story...The oil price held strong all week until gloomy economic data made traders nervous and resulted in a bit of late selling. Sluggish employment data, the pace of the economic recovery and a potential fall in oil demand is weighing
Full story...The sight of crude oil tankers sitting off the Suffolk shoreline is all too common for residents of the old-fashioned seaside town of Southwold.
Full story...Oil producers should be rejoicing as they head into the new year and into the new decade. They can be proud of keeping stability in the market most of the year and against all odds, the oil price has been trading in positive
Full story...The outcome of the Copenhagen conference may make it timely to review David Buchan’s ambitious attempt to analyse the recent history of the energy policy of the European Union (EU). The book is not an easy read, but this is not
Full story...It’ll be remembered as one of the toughest years in recent history, or at least since the great depression. Profits of oil companies and producers were down, but the oil price held steady most of the year. Economic indicators
Full story...After another volatile week on the oil market, the price came back above US$70 fueled by optimism of demand to come and brighter prospects for the global economy. This has been the biggest gain since October with the oil price
Full story...The third quarter of 2009 was a key milestone for Serica Energy as it marked the start-up of commercial gas sales from the Kambuna field, some 40 km offshore North Sumatra, Indonesia. The field will not only generate steady
Full story...The long Thanksgiving holiday weekend in America seemed to have traders in cautious mood with little action on the market all week. Economic data demonstrated slower than expected US growth and inventories showed a bigger than
Full story...The oil price seems range-bound in recent weeks with fluctuations either way depending on what moves the market. With lack of serious geopolitical news or technical hitches, the movement in the price is following the stock
Full story...Producers of heavy oil are highly sensitive to fluctuations in the oil price as their discounted viscous crudes are often uneconomic to produce when prices are low. This year’s revival in the oil price to around US$70 a barrel,
Full story...The oil price sank into negative territory this week, losing more than 3 percent mid-week but gaining ground again to close the week. The volatility continues, driven by higher inventories and temporary gains and losses in the
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NOTICE UNDER SECTION 708A OF THE CORPORATIONS ACT 2001 (Cth) (Act)
Heritage Oil issues an update on the proposed disposal of its Ugandan Interest
DRILLING REPORT FOR WALLOON COAL MEASURES COAL SEAM GAS PROJECT, PL 171, SURAT BASIN, QUEENSLAND
