North Sea's largest new oil project in a decade begins flowing
The £4bn Kraken field was the largest industrial investment in the UK in 2013 and could produce as much as 50,000 barrels of oil a day at its peak. Andy Samuel, chief executive of the Oil and Gas Authority, said the Kraken start-up was positive news ...
'Landmark' as first oil flows from North Sea's Kraken
EnQuest's Kraken field in the North Sea delivers first oil
Enquest takes delivery of first oil from £4bn Kraken development off Shetland
Is Canadian Natural Resources A Good Investment?
Canadian Natural Resources (NYSE:CNQ) is one of the better placed companies to take advantage of the expected recovery in oil prices. It is an excellent long-term investment as the company has a strong balance sheet, efficient cost structure ...
RPT-INVESTMENT FOCUS-Stocks flying, oil crying as 2017 hits halfway point
"From a global perspective it is increasing the appetite for risky assets," said ABN Amro's chief investment officer Didier Duret. Duret also noted the defeat for far-right, anti-establishment parties in French and Dutch elections, as well as a ...
Russia's Alfa Moguls Drop Texas Oil Deal Amid Security Concerns
But now Fridman's investment company, LetterOne, has pulled out of an even bigger U.S. investment to avoid resistance from an unexpected corner -- the Trump administration. LetterOne's L1 Energy unit recently walked away from a deal to buy Texas oil ...
HPCL joins talks to buy stake in Russian oil fields
The consortium of OIL-IOC-BPRL acquired 23.9 per cent stake in the field at a cost of USD 2.02 billion, giving them 6.56 million tonnes of oil. Rosneft continues to hold the remaining 50.1 per cent shares of JSC Vankorneft. The field has recoverable ...
Foreign Shipping Companies are Key to Iran's Prosperity
One Iranian news report noted that the event was the “antithesis of last year's exhibit, when oil giants visited post-sanctions Iran with high hopes for investment and collaboration…A walk through the halls of the 22nd oil exhibition gives the uneasy ...
Global oil investments hitting 'record lows'
Global oil markets have been turning into wobbly state, with the assessment of the International Energy Agency (IEA) that field discoveries and upstream investments have been posting “record lows” and the trend will likely linger. The Paris-based ...
OPEC Looks Totally Bewildered by the Oil Market
It may be too soon to write OPEC's obituary, but the oil producer club appears in urgent need of late-life care. It shows little understanding of where it is, how it got there or where it's going. While it still manages to collect new members here and ...
These lower oil prices could represent a buying opportunity: Expert
Oil marks longest streak of weekly declines since 2015
Hedge funds turn from Opec friend to adversary in oil market
INVESTMENT FOCUS-Stocks flying, oil crying as 2017 hits halfway point
By Marc JonesLONDON, June 23 (Reuters) - World stocks could be about to record their best start to a year since 1998, when global markets were recovering from the Asian crisis, while oil and the dollar are facing their worst first-half in years. It has ...
Oil, Warren Buffett's Home Capital investment help spur rally in Canadian dollar
Warren Buffett's rescue of beleaguered alternative mortgage lender Home Capital Group Inc. is helping the Canadian dollar outperform all major currencies on Thursday. The loonie rose 0.8 per cent to C$1.3233 against the U.S. dollar in Toronto, the top ...
press release - Home Capital Group