Mining, Oil & Gas News & Blog
05
Mosman Oil & Gas exhorts MEO shareholders to accept offer
Mosman Oil & Gas has sent a letter to MEO Australia shareholders urging them to accept Mosman’s takeover offer.

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Posted in: Oil and Gas
04
Rose Petroleum increases oil and gas acreage
Rose Petroleum plc, the AIM-listed natural resources company, has increased its land position within both the Paradox and Uinta Basins.

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Posted in: Oil and Gas
16
Trinity Oil & Gas eyes strategic milestones as it weathers low oil prices

Trinity Oil & Gas is aiming for a number of strategic milestones in the current quarter, while its producing operations weather the impacts of lower oil prices.

[Read More]

Posted in: Oil and Gas
14
Mosman Oil & Gas chairman tops-up as rally continues

A regulatory statement reveals Mosman Oil & Gas executive chairman John Barr has been among the buyers, as the exploration shares has continued to rise in recent sessions.

[Read More]

Posted in: Oil and Gas
12
Gulfsands Petroleum chief Mahdi Sajjad keeps his seat  was the results of General Meeting

Gulfsands Petroleum's chief executive Mahdi Sajjad is to retain his position after he survived a shareholder vote.

[Read More]

Posted in: Oil and Gas
11
Next year, Iran to turn from importer to exporter of gasoline
Iran will need no more gasoline imports next year when production starts in the major refinery being built in the Gulf, reports Irna citing the oil minister.

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Posted in: Oil and Gas
11
Northern Petroleum CEO says focus is getting cost base to 'where it should be'
Northern Petroleum to re-evaluate Keg River project

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Posted in: Oil and Gas
11
Discovery Metals secures US$110M to develop Botswana underground mine
Discovery Metals has secured a US$110 million investment from Castlepines Global Equities to enable development of planned underground mining operations at its producing Boseto Copper Operation in northwest Botswana.

[Read More]

Posted in: Mining
06
Questerre Energy is implementing corporate restructuring plan to reduce its administrative overhead.
Questerre Energy Corporation reported today that it has implemented a corporate restructuring plan to reduce its administrative overhead in the current commodity price environment.

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Posted in: Oil and Gas
06
Gulf Keystone Petroleum cancels oil exports
Gulf Keystone Petroleum (LON:GKP) has cancelled export operations out of Kurdistan amid low oil prices and uncertainty over the timing of payments.

[Read More]

Posted in: Oil and Gas
06
Solo Oil raises £700,000 through placing after nearing first revenues from Tanzania
Solo Oil has raised £700,000 through a placing to fund further work on its projects at Horse Hill in Surrey and the Ruvuma basin in Tanzania.

[Read More]

Posted in: Oil and Gas
03
Solar power is on course to overtake nuclear as a primary source of electricity production
Mass production in China and Taiwan has helped to increase the extraordinary growth of the solar power across the world and has led to an 80% reduction in the cost of panels since 2008.

[Read More]

Posted in: Mining
28
Agriculture sector welcomes low diesel prices is one that gains from lower energy costs

The recent plunge in fuel prices has been a welcome relief across the agricultural sector, helping ease the pain of low grain prices for growers and boosting profits for cattle ranchers.

[Read More]

Posted in: Oil and Gas
28
The bottom is falling out of the iron ore Prices Hit 5½-Year Low

The iron ore price plummeted on Monday as negative sentiment overwhelms a market bracing for a supply glut and falling consumption.

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Posted in: Mining
27
The Solar Industry Created More Jobs In 2014 Than Oil And Gas Extraction

US solar industry added industry added jobs at a rate nearly 20 times faster than the national average last year

[Read More]

Posted in: Oil and Gas
21
Australian Mining Giant BHP Is Shutting Down 40% Of Its US Shale Wells

The hits keep coming for shale gas producers as In an announcement on Tuesday night (well, Wednesday morning in Australia), Australian mining giant BHP said it would shut down 40% of its US shale oil rigs over by the end of its fiscal year.

[Read More]

Posted in: Mining
21
Xtract aims for positive cash flow in February

Xtract Resources told investors it continues to combat challenging conditions at the Chepica project and said it is now aiming for mining operations to be cash flow positive during February, rather than January.

[Read More]

Posted in: Mining
21
Most copper producers in Zambia losing money - Chamber of Mines

Over half of Zambia's copper producers are currently losing money due to metal prices hitting five and a half year lows and a recent mining tax hike that severely penalizes most operations, the country's Chamber of Mines said on Monday.

[Read More]

Posted in: Mining
20
Tethys Petroleum Sorts Out Short-term Liquidity Issues.

Kazakhstan-focused Tethys Petroleum (has taken out a US$6mln unsecured loan facility with a Cayman Islands registered private firm.

[Read More]

Posted in: Oil and Gas
19
Potash West Achieves Significantly Improved Economics For Dinner Hill Project

Potash West (ASX:PWN) is an exploration company focused on exploiting a very large, shallow deposit of greensand, which contains both rock phosphate and glauconite. Glauconite is a green mineral commonly containing 4-6% potash as KO as well as varying amounts of iron, aluminium and magnesium.

[Read More]

Posted in: Mining
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