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Company

Pharos Energy

LON:PHAR

Pharos Energy is an independent oil and gas exploration and production company, listed on the London Stock Exchange. We have production, development and exploration interests in Vietnam, Egypt and Israel. Our strategic ambition is to deliver long-term, sustainable growth and returns to all our stakeholders through the responsible management of our current portfolio and the careful selection of growth opportunities in Asia and MENA. Such opportunities include near term low cost onshore development, and transformational exploration assets. Sustainability is at the heart of everything we do. This applies equally to our financial discipline and our commitment to a sustainable dividend, and to our approach to achieving a high standard under our Environmental, Social, and Governance policies and programmes.

16 stories

Archive

Malcy's Blog - Oil price, IOG, Pharos, Empyrean. And finally…

Oil price, IOG, Pharos, Empyrean. And finally…WTI $96.44 -$6.57, Brent $99.91 -$6.99, Diff -$3.47 -42c, NG $4.57 -9c, UKNG 274.4p +7.4pOil priceOil continued its fall yesterday as a number of stories did the rounds. The Covid situation in C

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Oil price, Wentworth, SDX, Pharos. And finally…….

SDX has announced the commencement of the second phase of its 2021 drilling campaign in Morocco, with the spud of the KSR-19 well. KSR-19 will be followed by the SAK-1 well which, if successful, will open a new exploration area for SDX in t

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Oil price, Challenger, Pharos, Hurricane. And finally…

Oil fell yesterday to start with when the IEA report came out which as usual turned out to be absolute drivel. Although their numbers make the market look tight in the short term they are negative on Delta, Opec+ breakdown and Non-Opec supp

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Oil price, PetroTal, JOG, IGas, Pharos. And finally…

PTAL announces this morning its Q1 2021 operating update in which the company points to the upcoming drilling programme now getting underway, the Q1 4H workover successfully completed and the Q1 exit production rate on budget.

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Today's Oil & Gas Update - Union Jack Oil and more...

Oil Price News The closure of the Suez Canal led to a moderate price rally last week, which came after a significant decline in oil prices triggered by new and stringent lockdowns in Europe The impact of the Suez Canal blockage on oil marke

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Oil price, Gulf Keystone, Pharos. And finally…

An operational and corporate update today from GKP in which they say that they have ‘effectively managed to minimise the impact of COVID-19 on our staff and contractors and ongoing production operations’. Over 2020 average gross production

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Oil price, GMS, Pharos, Utd O&G, Trinity. And finally…

The oil price continues to quietly show fortitude despite most analysts trying to do it down. Yes we all see some shaving of demand forecasts due to the virus as well as increased supply from Opec+ since the start of August. But in the here

By Proactive

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Oil price, Pharos. And finally…

Back on uptrend yesterday where again glimmers of good news outpointed the rise in virus numbers and some signs of force majeure in Libya at the Es Sider terminal. The EIA inventory stats looked bad when looking at the headline build of 5.7

By Proactive