World

SIERRA LEONE DECLARED EBOLA-FREE Stellar Diamonds plc, the London listed (LSE:STEL) diamond development company focused on West Africa, has welcomed the announcement made by the World Health Organisation on Saturday 7 November 2015 that Sierra Leone is Ebola-free after going 42 days without any new infections. The Company, which is in the process of preparing […]

What are the details? BP today announced that it has signed a Heads of Agreement (HoA) with the Egyptian Minister of Petroleum, His Excellency Eng. Tarek El Molla, regarding the acceleration of the development of the recent Atoll gas discovery. The Atoll discovery (BP 100%) in the North Damietta Offshore Concession in the East Nile […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair dropped 300 pips last week, testing the support line at 1.0700. The largest southwards movement last week occurred on Friday – a result of positive fundamental figures coming out of the US. The outlook on the pair remains bearish, which would be […]

What are the details? TransAtlantic Petroleum Ltd. (NYSE-MKT:TAT) (TSX:TNP) today announced financial results for the quarter ended September 30, 2015 and provided an update on its operations. Third Quarter 2015 Highlights – Revenue of $20.2 million – Consolidated Adjusted EBITDAX from continuing operations of $14.9 million (Adjusted EBITDAX is a non-GAAP financial measure that is...

Recent big news from the US was that the Fed’s Chair Janet Yellen “sees a possible December rate rise, and a gradual hiking path”. Janet Yellen on Wednesday highlighted a possible December interest rate “lift-off” but said rates would rise only slowly from then on to nurture the U.S. economic recovery. These are her first […]

Commencement of 10 Well Drilling Programme with Continental Resources in Oklahoma Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, has announced the commencement of a 10 well drilling programme, as announced on 2 October 2015, targeting the proven Woodford formation in the prolific South-Central Oklahoma Oil Province […]

Drilling Underway at High Priority Targets Block 4, Semail Ophiolite Belt, Oman Savannah Resources (LSE:SAV) has commenced the drilling of selected new VTEM targets and historical copper results around the Aarja Prospect in the Block 4 permit area. Savannah is earning a 65% shareholding in the Omani company, Al Thuraya LLC, the owner of the […]

How did they do? AMSC (NASDAQ:AMSC), a global solutions provider serving wind and power grid industry leaders, today reported financial results for its second quarter of fiscal 2015 ended September 30, 2015. Revenues for the second quarter of fiscal 2015 were $19.0 million, compared with $12.5 million for the same period of fiscal 2014. The […]

What are the details? Vascular Biogenics Ltd. (NASDAQ:VBLT), today announced the pricing of an underwritten offering of 2,500,000 ordinary shares together with accompanying warrants to purchase an aggregate of 1,250,000 ordinary shares. The combined offering price of each ordinary share and accompanying warrant was $6.00 per share. The gross proceeds to VBL Therapeutics from this […]

Joint Venture with Orchid Group, Ethiopia Atlas Development (LSE:ADSS), the African focussed support services and logistics company, has announced that it has established an Ethiopian joint venture company with Orchid Business Group PLC, a prominent Ethiopian infrastructure, construction & logistics company, to provide industry leading international standard services in Ethiopia. This...