Commodities

Joint Industry Project supported by BG, Royal Dutch Shell, Wintershall, Maersk, TOTAL, Tullow Oil, eni, Senergy, and Oil States Industries Inc. Plexus Holdings, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has launched the POS-GRIP Python Subsea Wellhead at a launch ceremony attended […]

Final Results Empyrean Energy, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has announced its final results for the year ended 31 March 2015. Highlights · Record revenue and production driven by further improvements at flagship Marathon Oil operated Sugarloaf AMI project (EME 3% […]

How will investors take that news about Mark Owen? Noricum Gold Limited, the European focused base and precious metals exploration and development company, has appointed Mr. Mark Owen, who has spent the past 13 years as Technical Director for leading consultancy Wardell Armstrong International, as a Senior Advisor to the Company with immediate effect. Mr. […]

High Priority Potential VMS Drill Targets Identified – Block 4 Oman Project Savannah Resources plc (AIM:SAV) has advised invesors that it has received positive modelling results from the Versatile Time Domain Electromagnetic survey conducted at its 408km² Block 4 Copper Project, located in the strongly mineralised Semail Ophiolite in northern Oman, which highlights the potential […]

Operational Update Goldplat, the AIM listed African gold producer, has announced significant progress on capital projects and new contracts aimed at improving the production and efficiency of its gold recovery operation in South Africa, Goldplat Recovery (Pty) Limited, which processes by-products from the mining process to recover gold. Capital projects – A new electric boiler […]

Update on Extended Well Test on Wressle Discovery, Onshore UK Europa Oil & Gas, the AIM quoted oil and gas company with producing and exploration assets in Europe, has noted today’s update from Egdon Resources regarding Extended Well Test operations on the Penistone Flags oil zone and the Ashover Grit intervals at the Wressle-1 oil […]

Participating in Mexican Onshore Field Bid Round Northcote (AIM: NCT) is pleased to announce that, further to its previously announced intention to secure and develop onshore conventional fields in Mexico, the Company has registered for, and been granted, access to the data room being administered by the National Hydrocarbons Commission in order to assess such […]

Shares of Glencore (LSE:GLEN) rose more than 7% to close at 131.80 on the London Exchange today when it released an update on its aggressive plans to reduce its net debt and “adapt the business to the current commodity landscape.” The move is much the same as Lord Nelson would have done with HMS Victory, […]

“Illusions are something pleasant. The disadvantage is that they tend to burst like a burble.” – Wolfgang Kurz “It is true that the market is brutal to most of the people who challenge it. But so is Mount Everest, and that should not – and does not – stop people from trying to reach the […]

Gulf Keystone shares (LSE:GKP) are making a false appearance of recovery, which could be a trap for the unwary buyers. The unpredictably that abounds in the oil sector is one factor behind the weakness the price is experiencing. As one expert recently said, today’s world is very complex and more uncertain than ever. When fundamental […]