Commodities

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.

What to do when the oil price rallies

What to do when the oil price rallies

Oil is trading at multi-year lows, but it won't stay down for ever. Lance Roberts tells us what to do when the inevitable rally begins.

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.

What Glencore needs to justify huge premium

What Glencore needs to justify huge premium

Glencore will struggle to justify such heady multiples without industry-beating free cash flow, reckons the City.

Windfall for surging Trap Oil

Windfall for surging Trap Oil

It turns out North Sea explorer Trap Oil will be able to tighten the purse strings more than first thought.

City view: Afren - light at the end of the tunnel

City view: Afren - light at the end of the tunnel

Afren's cash flow for the first nine months of the year and its earnings run rate were ahead of expectations.

Chinese private equity pumps millions into Range Resources

Chinese private equity pumps millions into Range Resources

Range Resources will get a $50 million injection of funding after signing a MoU with a Chinese private equity firm.

Green light for Gulf Keystone at Akri-Bijeel

Green light for Gulf Keystone at Akri-Bijeel

An investor stampede at Gulf Keystone that began on Wednesday with a 30% surge continued on Thursday, taking the two-day gain to 40%.

Another windfall for Gulf Keystone Petroleum

Another windfall for Gulf Keystone Petroleum

Gulf Keystone shares continue their recovery from a five-year low following news that its long and expensive legal dispute with Excalibur Ventures is almost over.