Commodities

Gulf Keystone wants deal by Easter

Gulf Keystone wants deal by Easter

Extending its deadline for a deal with bondholders gives Gulf Keystone a chance to win the backing of lenders before Easter.

How much is BG Group worth?

How much is BG Group worth?

Despite an earnings downgrade, this broker still thinks BG is worth much more than the current share price.

Gulf Keystone bondholders need more time

Gulf Keystone bondholders need more time

An incentive offered by Gulf Keystone to get sufficient bondholders onside appears not to have worked as well as hoped.

Skeletons haunt Afren

Skeletons haunt Afren

A review has uncovered more skeletons in the cupboard at troubled oil company Afren.

10 UK oil stocks affected by the Budget

10 UK oil stocks affected by the Budget

As the dust settles after the final Budget before the General Election and the City has done its sums, we look at what stocks are poised to benefit.

Afren proposal attacked

Afren proposal attacked

A lengthy note from Barclays examines the Afren recapitalisation and spells out what must happen for shareholders to make anything out of it.

What Afren's worth now

What Afren's worth now

Existing Afren shareholders face massive dilution of their stake in the oil company, so what are the shares worth?

Saudi oil and the volatility hypothesis

Saudi oil and the volatility hypothesis

Why has the oil market become so volatile? There is, it seems, an unlikely and controversial explanation.

Afren: Back us, or lose it all

Afren: Back us, or lose it all

A debt-for-equity swap may save Afren from immediate extinction, but shareholders will be left with little stake in the new business.

Gulf Keystone Petroleum pleads for bondholder backing

Gulf Keystone Petroleum pleads for bondholder backing

Getting the support of bondholders is crucial if Gulf Keystone Petroleum is to deliver any kind of respectable return to shareholders.