Malcy's Blog: My reaction to oil sector news as it arises
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Malcolm has over 30 years' experience in the Oil & Gas sector and is a widely used media source. He often appears in print and on screen, and also writes an acclaimed daily blog read by much of the resources industry as well as investors both institutional and retail.
Malcy's Blog: My reaction to oil sector news as it arises
3h ago
Oil remains weak, today is no change. Union Jack continue to flourish in the USA and Challenger remains on course for Chevron and Charlestown. Coro move ahead in the Philippines and Europa plan an investor meeting,
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Malcy's Blog: My reaction to oil sector news as it arises
4d ago
A bad week for oil, yesterday Chariot spudded Gaufrette, Zephyr has an update with a debt for equity swap and EOG says it straight about the Government. SDX has said very little as usual and Prospex update from Italy.
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Malcy's Blog: My reaction to oil sector news as it arises
5d ago
Oil's fall has been around $4 this week but is flat today. And excellent news from Reabold who have signed an offtake agreement with Gunvor with the added advantage of a substantial prepayment.
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Malcy's Blog: My reaction to oil sector news as it arises
1w ago
Oil is down again today on ceasefire talks. Deltic face trouble financing Pensacola and Sound are moving ahead at Anoual in Morocco. And Namibia is back in the news, Chevron farm-in to the Walvis Basin with Sintana and Eco Atlantic are now surrounding the block.
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Malcy's Blog: My reaction to oil sector news as it arises
1w ago
Oil is quiet, Brent outperformed last week but the June contract expires tomorrow. Today Arrow has results as does i3, historic indeed but both have exciting futures. Beacon's rig is on the way and should spud next week. SDX win the award for shortest RNS and things look on the precipice at Petrofac.
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Malcy's Blog: My reaction to oil sector news as it arises
1w ago
Oil will be up on the week again, nothing much forcing the pace though. Today Southern show a fair bit of resilience but are doing well, Trinity are still just hanging in there and Arrow have seen the Canacol stake placed with friendly holders.
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Malcy's Blog: My reaction to oil sector news as it arises
1w ago
Oil is still quiet despite tight inventory stats. Zephyr have spudded at the Paradox Basin and Afentra have got Government approval in Angola. Petro Matad is swimming against the tide but i3 looks in good nick although Coro is one director short of a quorum...Finally Namibia is back in the news with Sintana taking one of the last blocks, PEL79.
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Malcy's Blog: My reaction to oil sector news as it arises
1w ago
After a strong day yesterday and good API stats oil has eased slightly today. PetroTal has made changes with a new CFO and Serica has final results as do Sound and Star.
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Malcy's Blog: My reaction to oil sector news as it arises
2w ago
Oil has rallied a bit today, its fairly quiet at the moment. Kistos has completed the EDF deal and UJO are telling more about the US portfolio. I note Touchstone from yesterday.
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Malcy's Blog: My reaction to oil sector news as it arises
2w ago
Oil gained $3 this morning after the Israel attack on Iran but after it was deemed small beer it has come back to the start. Today I note that SDX has sold some more assets in Egypt and I write up my interview with Touchstone.
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