Acquisitive environmental consultancy RPS Group (LSE: RPS.L - news) has boosted its coverage of the oil and gas sector with the purchase of Aberdeen-based consultant Oceanfix International.
RPS is paying £6.5m in cash for Oceanfix, a company which provides hydrographic and geophysical survey consultancy services. The founder and managing director of Oceanfix is remaining with […]
Aluminum Corp. of China, the country’s biggest aluminum maker, said Tuesday that its net profit fell 13.7 percent in 2007 due to lower product prices.
The company, also known as Chinalco, said its 2007 net profit fell to 10.2 billion yuan ($1.4 billion) compared with net profit of 11.8 billion yuan in 2006, it said in […]
City council in Moncton, N.B., voted unanimously Monday night to call on the province to ban all uranium exploration and mining in New Brunswick.
The councillors are particularly worried about uranium exploration on the outskirts of the city.
The mining giant Vale Inco (formerly known as CVRD-Inco) is exploring for uranium south and west of Moncton.
A smaller […]
Anglo American said Tuesday three of its coal mines open coal supply to electricity utility Eskom has closed because of rain.
“They are all closed. They are not in operation at present, “spokesman Pranill Anglo Ramchander said.
Ramchander said he was unsure when Denmark and New Kriel collieries in the province of Mpumalanga and New Vaal in […]
U.S. Energy Corp., a diversified natural resource company with interests in molybdenum, oil and gas, gold, and real estate, today provided a review of 2007 results and an update on current operations for its primary business segments.
Review of 2007 Accomplishments
The year ended December 31, 2007 was the most profitable in U.S. Energy Corp.’s history, due […]
For major mining companies such as Rio Tinto and BHP Billiton, the future life is a combination of their exploration work and enterprise: to find things on their own, to be approached by other companies in deals , or make acquisitions.
Rio growth with Alcan bought last year and is now off fighting an attempt by […]
Once again, local oil and natural gas producers are left wondering as details of a decision on drilling regulations remain cloudy.
New Mexico’s three-member Oil Conservation Commission discussed the merits of more stringent drilling regulations in Santa Fe from Saturday through Friday. They worked their way through the 17-page rule that applies to the proposal, but […]
The securities of Bounty Oil & Gas will be placed in pre-open at the request of the company until the earlier of the commencement of normal trading on Wednesday, 19 March 2008 or when the announcement is released to the market.
Original Announcement: Trading Halt
The Thunderbird School of Global Management has partnered with the Center for Management & Professional Development, the community outreach arm of the University of Dubai to offer its Advanced Management Program for Oil & Gas in the Middle East. The program if offered for the first time in the region and will be held in […]
Houston, TX - Anadarko Petroleum Corporation recently announced that R.A. Walker, Senior Vice President, Finance and Chief Financial Officer, will present at the 2008 Bear Stearns Global Oil & Gas Conference on March 19, 2008, at 11:25 a.m. Eastern.
A link to the live webcast presentation will be available at www.anadarko.com. A replay also will be […]