World

Board Appointment African Potash, the AIM listed exploration company focused on sub-Saharan potash assets and the vertical integration of fertiliser operations in Africa, has announced the appointment of Rt Hon Mark Simmonds as a Director of the Company with effect from 10 November 2015. Mr Simmonds has significant experience working in Africa and brings with […]

USD 7 billion Net Mean Un-risked NPV10 for Offshore Ireland Prospects Europa Oil & Gas, the AIM quoted oil and gas company with both producing and exploration assets in Europe, is pleased to announce that an independent assessment undertaken by ERC Equipoise estimates a mean Un-risked Net Present Value of approximately US$7 billion to a […]

China’s and the world’s largest mobile carrier China Mobile (NYSE: CHL, initial buy at $53.22), has aggressively sought to grab 4G subscribers over the past 18 months and been very successful in its efforts. Judging from some numbers the company released late last week for its nine months year to date, it is beginning to […]

Framework agreement signed during state visit to UK In an expansion of their ongoing global partnership, BP and China National Petroleum Corporation (CNPC) today entered into a framework agreement on strategic cooperation covering potential shale gas exploration and production in the Sichuan Basin and future fuel retailing ventures in China and other international partnerships. “The […]

The USD/JPY trended upwards nicely last week, thus ending the recent protracted equilibrium phase in the market. Since October 15, 2015, the price has moved upwards by roughly 350 pips, almost reaching the supply level at 121.50. Further northward movement is anticipated this week, which may enable the price to reach the resistance levels at […]

Oil and gas CEOs jointly declare action on climate change The chief executive officers of 10 of the world’s largest oil and gas companies – which together provide almost a fifth of all oil and gas production and supply nearly 10% of the world’s energy – today declared their collective support for an effective climate […]

Kernel Crushing Plant Wet Testing and Pilot Production Underway DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire, has announced that the Kernel Crushing Plant at the project is in the wet testing phase and pilot production has commenced. The KCP has been built in line […]

Positive Update Offshore Nigeria MX Oil plc, the AIM quoted oil and gas investment company, has noted the announcements by Jacka Resources Limited and Panoro Energy ASA on 16 October 2015 in relation to the Aje-5 well. The Aje-5 production well located on the OML 113 licence, offshore Nigeria, has been successfully completed and the […]

Director Appointment African Potash, the AIM listed exploration company focused on sub-Saharan potash assets and the vertical integration of fertiliser operations in Africa, has appointed Mr Elias Pungong to the Board as a non-executive Director. Mr Pungong will support the Company in its growth strategy as it looks to realise value from its Lac Dinga […]

Raised £1.28 million to Support Roll Out of Integrated Global UAV Operations Strat Aero plc, an international aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle sector, has announced that it has raised £1.28 million (before expenses) through the placing of 25,690,969 new ordinary shares of 1p each at a placing price of 5p […]