
Dear Reader, In today’s issue, a tiny company involved in a technology that could have helped prevent BP’s Deepwater Horizon oil spill. Ben van Bilderbeek is a frustrated man – and with good reason.He thinks that his invention, POS-GRIP® method of engineering, is ...
Oil Outlook
You are on page 1 of 14Bill Bonner, our fearless Reckoner-in-Chief, is still out roaming the Pampas. But rest assured, he is still reckoning, and will return soon with his own fresh take on this Goldman mess. Stay tuned...Today, we check in with our colleagues over at the Zurich Club. ...
Petrol is hitting its all time high at the pump. But why?The last time petrol was nudging £1.20 per litre was back in July 2008. At that time crude oil was trading around $147. But now crude is only $85, so how come we’re forking out the same for petrol as we were ...
So, Desire Petroleum’s (DES) first well in the Falklands has failed to find anything more than a smear of oil. This is a disappointment. But it is not the end of the game – by a long shot.
Other Small cap news... Surgical Innovations profits hit ...
What Gordon Brown defines as ‘sensible discussions’ is, I guess, just short of taking his opposite number by the lapels and hurling him through the window of Number 10. ‘Sensible discussions’, Gordon tells us, is all that is required to settle the row over the ...
We’ve followed the Falklands oil story in Penny Sleuth for a while now. To get the background, take a look at our 15 January issue: The 'Big Four' Falklands Oil Shares. Anyone with money in Falklands oil will watch Desire Petroleum (ticker: DES) in the days ...
Gulf Keystone’s potentially company-making find in Iraqi Kurdistan is getting to be one of the most analysed wells around even though it is still some way from full appraisal.
Dynamic Global Advisers (DGA), independent reservoir consultants, has ...
On Monday 25th January, news of coordinated bomb attacks in Baghdad made headlines around the world, highlighting the ongoing violence that continues to grip Iraq. Also on the same day, the government reported that the man known as “Chemical Ali,” one of the ...
ExxonMobil is the world’s largest oil company. In December, Exxon announced it would purchase XTO Energy for $41 billion...XTO Energy is a giant natural gas company. It’s the second-largest producer of natural gas in America, and Exxon’s biggest acquisition since ...
Down in the Falklands, there are unusual rumblings of activity going on. And these rumbles are about to become a roar. The usually tranquil archipelago 13,000km away is about to be engulfed by the machinery and manpower of big oil exploration. Early next month the ...
Oil Outlook
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