Best Production Growth For A Decade Heralds Positive Future For Oil And Gas

The UK’s crude and natural gas liquids (NGL) production increased by 9 percent annually to reach 1.18 million bpd in the first quarter of 2019, S&P Global Platts quoted statistics from the UK Department of Business,

Solo Oil (LON: SOLO), a natural resources investment company focused on acquiring a balanced portfolio of production, development and exploration assets, noted the management changes at Aminex, with Jay Bhattacherjee stepping down as Chief Executive Officer

Many people think of Helium as the gas in party balloons, but it is one of the most valuable gases on Earth, with uses ranging from rocket fuel to MRI scanners. The tech industry interestingly also

Roaming across the Tanzanian plains on safari some six years ago, it dawned on two Australian geologists that Tanzania could hold world-class helium reserves. Looking at local research done by a British geologist in the 1950s,

Solo Oil Plc (AIM: SOLO), a natural resources investment company focused on acquiring a balanced portfolio of production, development and exploration assets, notes the appointment of Ian Stalker as new Managing Director of Helium One Limited

The oil market is dramatically tighter than it was only a few months ago, driven by both supply cuts and outages, as well as by the surprising “resilience of demand,” according to the International Energy Agency.

Oil prices rose on Friday as involuntary supply cuts from Venezuela, Libya and Iran supported perceptions of a tightening market, already underpinned by a production reduction deal from OPEC and its allies. Brent crude oil futures

Oil prices rose to their highest level since Nov. 2018 on Monday, driven up by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela and strong U.S. jobs data. International benchmark Brent futures were at

Oil climbed more than 1 percent with U.S. crude futures hitting a 2019 high on Monday after tight supply and positive signs for the global economy drove both benchmarks’ largest first-quarter gains in nearly a decade.

Oil prices rose on Friday amid the ongoing OPEC-led supply cuts and US sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009. US West Texas Intermediate (WTI) futures

The UK Oil and Gas National Data Repository (NDR) contains details of thousands of wells, seismic surveys and pipelines. It is hoped that giving industry and academics access to the information will encourage collaboration. The data

Solo Oil (LON: SOLO), is pleased to provide the following corporate strategy update that sets out the medium-term growth objectives for the Company. Commenting on the strategy update, Executive Chairman Alastair Ferguson, said: “This strategic update

Oil closed at a new high for the year in New York after the biggest withdrawal of crude in U.S. storage tanks since July signalled further tightening supplies. Futures gained 1.4 percent on Wednesday after a

Ntorya gas condensate field located in south-east Tanzania and forms part of the Ruvuma Petroleum Sharing Agreement (PSA), which is jointly owned by its operator Aminex (75%) and UK-based Solo Oil (25%). The JV submitted a

After the recovery in global oil and gas drilling seen in 2018, this year the pace of drilling growth around the world is set to step up, albeit moderately, analysts at World Oil forecast. The undisputed

President Trump extended the trade talks with China, citing “substantial progress,” which will defuse one of the largest downside risks to the oil market, at least for a while longer. With the March 1 deadline approaching,

Oil prices hovered around 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were capped by slowing growth in the global economy. U.S. West Texas Intermediate (WTI) crude