Resources Companies

Fortune Oil rockets on takeover bid

Fortune Oil rockets on takeover bid

Fortune Oil has accepted a takeover approach from its largest shareholder, but is it really good news for long-suffering shareholders?

Relief as Caza has good news

Relief as Caza Oil & Gas has good news

Caza shares have lost all the hard-won gains of the spring and early summer, but opportunities in the locker could still prove transformational.

Afren discovers Madagascar 2

Afren discovers Madagascar 2

Despite hogging headlines for all the wrong reasons, Afren is still managing to find new oil.

Gulf Keystone Petroleum has grounds for optimism

Gulf Keystone Petroleum has grounds for optimism

True to its word, Gulf Keystone Petroleum confirms it will ramp up output by year-end. The glass is beginning to look half-full for this oil producer.

Petroceltic taken to court

Petroceltic taken to court

Petroceltic's love-hate relationship with its largest shareholder Worldview has turned ugly and could end up in legal action.

President Energy bags bargain in Argentina

President Energy bags bargain in Argentina

President Energy proves that cheap oil hurts assets prices by picking up a field in Argentina from hard-up sellers for a knockdown price.

Dragon Oil pulls Petroceltic bid

Dragon Oil pulls Petroceltic bid

A sell-off in global oil markets has convinced Dragon Oil to scrap its aggressive offer for Petroceltic.

Gulf Keystone Petroleum to hit year-end target

Gulf Keystone Petroleum to hit year-end target

Working in a war zone is never easy, but Gulf Keystone is at least back on track at Shaikan and there's news on payments, too.

Roxi Petroleum runs into trouble

Roxi Petroleum runs into trouble

Technical problems at Roxi Petroleum's flagship asset in Kazakhstan mean its well test at its promising Deep Well A5 will now not begin until the end of this month.

Why Bezant Resources has just doubled

Why Bezant Resources has just doubled

Bezant Resources clawed back a little of this year's losses after doubling in value in less than an hour on Wednesday morning.

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