Mining, Oil & Gas News & Blog
05
Gulfsands ‘determined to protect rights in Syria’ amid legal claim in Damascus

The board of Gulfsands Petroleum recognises the importance of the company's interest in Block 26, located in Syria

[Read More]

Posted in: Oil and Gas
05
Victoria Oil & Gas prepares for new drilling in Cameroon

az du Cameroun, a VOG subsidiary, is planning to start drilling before the end of the third quarter

[Read More]

Posted in: Oil and Gas
05
San Leon plans to reward shareholders once Nigerian oil goes through

San Leon will have a 9.72% indirect interest in OML 18 which produces 50,000 bod that could rise to 100,000.

[Read More]

Posted in: Oil and Gas
04
Cost-cutting measures have paid off for Golden Saint

Keng Seah, CEO of Golden Saint Resources says 2015 full year results “show that our efforts to cut costs and rationalise the operations have paid off.”

[Read More]

Posted in: Mining
04
Enquest boosted by latest North Sea wells

Scolty/Crathes development wells, in the Greater Kittiwake Area, was completed ahead of schedule and under budget

[Read More]

Posted in: Oil and Gas
10
Horizonte chief talks about environmental licence

Jeremy Martin, CEO of Horizonte Minerals says the preliminary environmental licence it has been granted for a mine and beneficiation plant at Araguaia in Brazil is “a major milestone for us”.

[Read More]

Posted in: Oil and Gas
09
Italian banks resume transactions with Iran

A number of second and third tier Italian banks have resumed business with Iranian lenders

[Read More]

Posted in: Oil and Gas
17
NORTHERN PETROLEUM CHIEF PLEASED WITH PRODUCTION LEVELS

Brief CEO says the company has had ³quite a good break-up period² to maintain production levels in a traditionally difficult period

[Read More]

Posted in: Oil and Gas
17
San Leon Energy to raise US$200mln for Nigerian oil deal

he AIM-listed oiler wants to acquire high interest loan notes that enabled the takeover of Mart Resources

[Read More]

Posted in: Oil and Gas
20
Strengthening the lead-zinc explorer’s potential for Horizon

Justin Tooth Chairman of Ferrum Crescent plc says the realignment of the company’s management, time zones and projects strengthening the company

[Read More]

Posted in: Mining
20
Funding provides “far more flexibility” for Hurricane Energy

Company unveiled a major funding deal that will see the North Sea oil firm raise £52.1mln to drill two wells later this year.

[Read More]

Posted in: Oil and Gas
20
There's still life in the North Sea says IOG's chief after Blythe deal

Proactive Investors reported their decision to buy the 50% stake it did not own in the Blythe project in the North Sea

[Read More]

Posted in: Oil and Gas
08
StratMin Global Resources PLC to remain involved in Graphmada Mauritius, says CEO

StratMin Global Resources PLC looks set to receive around double its current market valuation in an asset sale that should also provide a ³funding solution² for its Madagascan graphite operation.

[Read More]

Posted in: Mining
08
Amur Minerals Corporation¹s chief hails ³significant² resource upgrade at Kun Manie

Robin Young of Amur Minerals, tells Proactive Tuesday¹s independent resource study by SRK Consulting is ³really significant² for the company.

[Read More]

Posted in: Mining
08
Premier African Minerals Ltd faces no financial burden over RHA crushing circuit

The is on the brink of profitable underground operations at its RHA tungsten mine in Zimbabwe.

[Read More]

Posted in: Mining
08
First gas production in Tanzania a step towards continuous growth

Jay Bhattacherjeree CEO of Aminex is ³excited to be part of the energy solution in Tanzania² after the firm announced first gas production

[Read More]

Posted in: Oil and Gas
04
Red Rock Resources PLC boss hoping to be cash flow positive by year's end

Rock Resources PLC is hopeful that the mineral exploration and production company will be ”showing appreciable positive cash flows” by the end of 2016

[Read More]

Posted in: Mining
04
iGas Energy is“well placed” to take advantage of the opportunities it has.

Steve BowlerCEO of IGas Energy Plc talks to ProactiveInvestors in take advantage of the opportunities it has.

[Read More]

Posted in: Oil and Gas
21
Robotic process automation

Deloitte reckons one of the most important strategic priorities for global business services being Robotics

[Read More]

Posted in: Mining
19
Europa Oil & Gas PLC chief talks offshore Ireland oil opportunities

Hugh MackayCEO of Europa Oil & Gas says “the majors are back in Ireland” following the latest licencing round

[Read More]

Posted in: Oil and Gas
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