Top oil and gas analyst joins North Sea firm Capricorn
North Sea firm Capricorn Energy (LON: CNE) has bolstered its ranks with the appointment of a new commercial director.
Nathan Piper
Big Oil’s divergent strategies leave European majors trading at large discounts
Values – according to the rather twee maxim - are like lighthouses; they give direction, meaning and purpose.
A windfall of unintended consequences
What are ‘historically more normal prices’? Through 2022 the Brent oil price averaged about $100 a barrel (bbl), up around 40% on 2021. This follows a volatile 12 months where prices started the year at $78/bbl, reaching a peak of $130/bbl in March following Russia’s invasion of Ukraine.
The North Sea, the windfall tax, and the parable of the broken window
As illustrated in French economist Frederic Bastiat’s 'parable of the broken window', it is often 'that which is not seen' that can be of greatest importance.
With the Autumn Budget due, a North Sea windfall tax expansion looms
There was once a time when grandiose economic statements were something of a collector’s item.
New PM urged to take action with gas prices tipped to surge following Nord Stream closure
A leading analyst says there are indications that high gas prices are likely to be a “multi-year” challenge, rather than a “spike”.
‘The valuations for E&P companies on the stock market are not very attractive’ – could we see more North Sea reverse takeovers?
The reverse takeover model could become more of a permanent fixture in the North Sea in the coming years as more private-equity (PE) backed operators look to go public.