Global News

++ BREAKING NEWS ++ Midstates Petroleum Company, Inc. (NYSE:MPO)announced today that the buyer in the transaction for the sale of the Company’s DeQuincy area assets in Louisiana has terminated the purchase and sale agreement. The DeQuincy assets continue to produce approximately 1,400 barrels of oil equivalent (70% oil) and generated in excess of $20 million […]

Drilling Highlights Potential for Increase in Kimberlite Tonnage at Lemphane Pipe, Lesotho Paragon Diamonds Limited, the AIM quoted diamond development company, is pleased to announce a recently completed drilling programme at its flagship Lemphane Kimberlite Project in Lesotho has demonstrated the potential for a further increase in the Project’s present tonnage estimate of 48Mt of...

Formally Awarded Five Licences Over Eleven Blocks in the UK’s 28th Offshore Licensing Round Cluff Natural Resources Plc, the AIM quoted natural resources investing company, announces that further to the provisional award of promote licences in the UK’s 28th Offshore Licencing Round on 7 November 2014, it has now been formally awarded the five promote […]

Update on Timing of Wressle-1 Well Testing Europa Oil & Gas, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, is pleased to note the announcement of Egdon Resources today regarding the timing of operations to test potential hydrocarbon bearing zones in three separate […]

Update on Expansion Plans in Côte d’Ivoire DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire, has been notified by its joint venture partner, Biopalm Energy, that it has elected to maintain its 49% interest in Ayenouan. As a result, Biopalm will invest €1.2 million to […]

I really did expect to write about something other than oil today, but you know what they say about the best laid plans of mice and men. The mere mention of ExxonMobil (NYSE:XOM) in my article yesterday led me to think a bit more about the issue, especially as XOM makes for a good example […]

“I am adhering to a positive expectancy model and prudent rules of risk management, therefore I have confidence in taking each and every trading signal.” The Relative Strength Index (RSI) – which has many uses – is a popular tool among Forex traders. However, using it in a conventional way mayn’t serve our best interest. […]

Positive Study for Acceleration of Cash Flows from Surface Mining at Tongo Project in Sierra Leone Stellar Diamonds plc, the London quoted (AIM:STEL) diamond development company focused on West Africa, announces the results of an independent study on its 100% owned 1.45 million carat Tongo Dyke-1 project in eastern Sierra Leone. The study and associated […]

Secures agreement for multiple power generation sites with established commercial landlord for the South West and South Wales Plutus PowerGen plc, the AIM listed power company focused on the development, construction and operation of flexible stand-by electricity generation in the UK, announces that its wholly owned subsidiary, Plutus Energy Ltd, has successfully completed an agreement […]

First Diamond Export from Trial Mining at Baoulé Kimberlite, Guinea Stellar Diamonds, the London listed (AIM:STEL) diamond development company focused on West Africa, announces its first export of diamonds and an operational update from trial mining at its 75% owned five hectare Baoulé kimberlite pipe in Guinea. Highlights: · Diamond parcel of 941 carats exported […]