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The consortium (the Consortium) controlled by Glencore and Qatar Investment Authority has concluded an agreement with CEFC China Energy Company Limited (CEFC) regarding a transaction in terms of which the Consortium would dispose of a 14.16% stake in Rosneft Oil Company (Rosneft) to CEFC (the Shares) at a premium of
After years of underinvestment, Mexico’s energy reform policies are creating investment opportunities for the world’s oil and gas exploration companies.
By Shelly Kumar
MGX Minerals (CSE:XMG) announces it has entered into a Binding Letter of Intent (the “LOI”) with Power Metals Corp. (“Power Metals”) dated July 27th, 2017 to acquire certain interests held by Power Metals in exchange for common shares of the Company (the “Proposed Transaction”).
The Proposed Transaction terms are as follows:
MGX will
By Jocelyn Aspa
A month and a half after the WannaCry attacks, the latest ransomware that rippled through Ukraine and other countries may suggest that now is the time to invest in cybersecurity.
VANCOUVER, BRITISH COLUMBIA / February 2, 2017 / MGX Minerals (CSE:XMG) is pleased to announce it has acquired the Lisbon Valley petro lithium project (the “Project”) located in the Paradox Basin, Utah.
Despite the recent opening of two new mines, global rough diamond production will reach its peak by 2019 and there will be a supply deficit only a year after that.
VANCOUVER, BRITISH COLUMBIA / December 8, 2016 / MGX Minerals (CSE:XMG)) is pleased to report the Company has entered into a water sampling and analyses agreement (the “Agreement”) with the operating oil company (the “Operator”) of the Sturgeon Lake oilfield (“Sturgeon Lake” or the “Property”).
Nevada Energy Metals (TSXV:BFF) (OTC Pink:SSLMF) announced the Company has increased the exploration potential of the San Emidio property by adding 69 additional claims to its land position.
KUALA LUMPUR, MALAYSIA–(Marketwired – April 7, 2016) –
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Mitra Energy Inc. (the “Company” or “Mitra”) (TSX VENTURE:MTE) is pleased to provide an update
International SoftRock Oil Company (TSXV:SOF) reported that, together with its partners in the Bakassi West block in Cameroon, it has commenced drilling operations for an exploration well. The group has accepted delivery of a drilling rig at the site.
Nevada Copper Corp. (TSX:NCU) announces the appointment of two new directors, Mr. Evgenij Iorich and Mr. Stephen Gill, as representatives of Pala Investments Ltd. Messrs. Iorich and Gill are both Portfolio Managers at Pala and will replace each of Mr. Michael Barton and Mr. Philip Clegg, who have resigned from
Engineering News reported that Sunbird Energy (ASX:SNY) has proposed additional components to its Ibhubesi gas project as it looks to supply Eskom’s Ankerlig power station.
ExxonMobil’s recent oil discovery off the coast of Guyana has reignited the country’s 200-year border conflict with Venezuela.
General Electric is planning to build its own infrastructure to support its Predix Cloud software, a Platform as a Service (PaaS) specifically designed for industrial data and analytics.
The Alternative Investment Market fell steadily throughout the week, and was unable to pare losses despite a 0.53 percent gain on Friday that brought the market to 768.06.
Reuters reported that Saudi Arabia has raised its official selling price for benchmark Arab Light to Asia next month in response to increased demand for its crude there and because of higher consumption at home during the hot summer months.
Business Insider reported that exploration licences at the Horse Hill oil field are set to run out this year, meaning if they aren’t extended companies cannot continue to explore the area which is believed to contain up to 100 billion barrels of oil.
The Wall Street Journal reported that the Brazilian oil company Petroleo Brasileiro SA (NYSE:PBR), or Petrobras, signed a contract to obtain financing from state-owned China Development Bank for the amount of $3.5 billion.
Limited partnerships are well-known in the business world, but like many aspects of finance, they come in a wide variety of different shapes and sizes. One example is the master limited partnership.
Norwegian oil company Statoil AS A said it expects the Johan Sverdrup oil field in the North Sea to generate revenue of $199.21 billion over the next 50 years, with 650,000 barrels of oil per day at its peak.
