Hi Ho Silver Resources Inc. is pleased to report that field crews have been mobilized to the Company’s Carmi molybdenum property (the “Property”). Initial fieldwork will consist of approximately 40 line kilometers of surveyed and cut control grid and 30 line kilometers of 3-D induced polarization (IP) survey. It is estimated that it will take […]
Qatar Fertiliser Company (Qafco) has decided to boost its annual ammonia export to Jordan Phosphate Mines Company (JPMC) to 130,000 metric tonnes.
An agreement to this effect was signed by the two companies in Amman recently.
The deal was signed for Qafco by its managing director, Khalifa Abdulla al-Sowaidi and for JPMC by its chairman, Waleed al-Kurdi.
Al-Sowaidi […]
Luoyang Luanchuan Molybdenum Group Inc., one of China’s biggest molybdenum producers, plans a Hong Kong initial public offering in early 2007, company officials said on Thursday.
The state-owned company, located in central China’s Henan Province, plans to list on the Hong Kong Stock Exchange to fund a planned smelter and mine expansion, the officials, speaking on […]
Ignis Petroleum has agreed to acquire 45% of the acreage, producing properties and natural gas gathering and treating system currently held by W. B. Osborn Oil & Gas Operations, Ltd. (”WBO”) and St. Jo Pipeline Limited within the St. Jo Ridge (Barnett Shale) Field, located in Montague and Cooke Counties, Texas. Upon closing, the effective […]
India has awarded coal bed methane gas blocks to firms including British oil major BP Plc, Australia’s Arrow Energy and India’s Reliance Energy Ltd and Tata Power Co Ltd.
“The cabinet has accepted the recommendations of Empowered Committee of Secretaries and decided to award blocks according to their recommendations without any change,” Finance Minister Palaniappan Chidambaram […]
After shares of Goodrich Petroleum Corp. pulled back from a multi-year high, two directors at the oil & gas exploration outfit bought stock.
Director Josiah Austin purchased 10K shares at $27.29 on September 20th and 6K shares at $26.46 on September 25th, increasing his holdings to approximately 5.655M shares, or about a 22.7% stake. Meanwhile, Director […]
An Arizona utility wants to restart a coal-fired power plant near Laughlin, Nevada, that closed last December due to environmental problems.
A Salt River Project official says there’s too much demand for electricity to leave the Mohave Generating Station idle.
Environmentalists won a court case blaming soot from the plant about 100 miles south of Las Vegas […]
Scientists are reporting an advance toward understanding and possibly combating a natural process that destroys billions of dollars worth of subsurface petroleum. Called biodegradation, it occurs as bacteria and other microbes metabolize, or feed on, organic compounds present in crude oil.
The microbes remove the most valuable hydrocarbon compounds and change the most valuable lighter crude […]
Abraxas Petroleum has closed on the sale of certain non-core assets located in South Texas for a total consideration of $12 million, subject to closing adjustments. The effective date of the sale was August 1, 2006.
The non-core assets were located in the Three Rivers (Edwards) Field of Live Oak County, Texas and represented less than […]
Source Petroleum Inc. has received notice of the commencement of drilling operations on its Woking, Alberta png property from its joint venture partner and operator, Dual Exploration.
This well will test an identified primary objective in the Devonian Wabamun formation at a depth of approximately 2800 metres (9180 feet).
A combination of geological and geophysical mapping has […]