World

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 […]

Directorate Appointment MX Oil, the AIM quoted oil and gas investment company, has announced the appointment of Mr Nigel Bruce McKim as Non-executive Director with immediate effect. Nigel will replace Patrick Mendoza, who is stepping down from the Board to pursue other business interests. Mr McKim, aged 53, has 28 years of experience in field […]

Contract to Develop 10,000 hectares of Brownfield Land in Ghana DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire, has announced that it has entered into a contract to develop 10,000 hectares of brownfield land in West Ghana. Overview · Expands DekelOil’s potential portfolio of company-owned […]

The share price of global retail giant, Walmart (NYSE:WMT) hit the wall on Wall Street yesterday, dropping nearly 10% from 66.61 to 60.02. The company announced its projected earnings for the next three years. It did not set well with the people to whom those earnings mean the most – Walmart investors. Walmart investors have […]