OIL

Alberta acquisition another potential catalyst for Sacgasco

Finfeed Archived Feb 09, 2021

Sacgasco Limited (ASX: SGC) has taken a 20% Working interest (WI) in oil and gas producing assets in southern Alberta, Canada. The company is targeting gas supply to the premium local Californian gas market and the burgeoning LNG market in North America.

ASX set to open higher after volatile session overnight

Finfeed Archived Sep 25, 2020

Gold hit a two month low which sent miners, Newcrest, Northern Star, and Evolution lower. Gold is now buying $US1,868/oz.

Overseas markets mixed, commodities taper, uptick in SPI futures

Finfeed Archived Aug 10, 2020

Strength across all major commodities including oil, gold, iron ore and base metals, meant there was no other way but up for our sharemarket last week.

More Shots on Goal Ahead: 88E ASX Reveals Next Multi-Billion Barrel Oil Opportunity

Next Investors Jul 23, 2020

88 Energy Ltd (AIM:88E | ASX:88E) is continuing its high reward strategy towards making a multi billion barrel oil discovery in Alaska with an expanded North Slope portfolio of assets.

Futures down, gold closes in on all-time high, oil up more than 2%

Finfeed Archived Jul 22, 2020

The S&P/ASX 200 surged 2.6% on Tuesday as the market responded positively to the government’s decision to extend support payments through to March 2021.

Alternative energy sources get cheaper and … should we rethink nuclear?

Finfeed Archived May 01, 2020

In the past, oil price dips have had a negative impact on the renewable sectors, however this time could be different, with nuclear energy also being looked at as a clean energy source.

Low oil price would not unduly impact IPB’s Idris well

Finfeed Archived Apr 30, 2020

During the quarter, IPB Petroleum Ltd (ASX: IPB) received a non-binding term sheet for full funding of the Idris well.

Oil recovers, gold stays safe and what’s with Bitcoin?

Finfeed Archived Apr 24, 2020

Oil rallied by the end of the week as investors poured into gold and ... considered Bitcoin.

West Texas oil plunges more than 300%, Dow crashes 590 points

Finfeed Archived Apr 21, 2020

The ASX had one of its worst days in the last month on Monday with the S&P/ASX 200 index plunging 134 points or 2.5% to close at 5353 points. Central to the fall was negative sentiment towards the energy sector, a factor that is likely to continue to weigh on the market on Tuesday.