Global News

Five years on from the Deepwater Horizon accident and spill in 2010, BP has reached agreements in principle to settle all federal and state claims arising from the event. BP today announced that its US Upstream subsidiary, BP Exploration and Production Inc (BPXP) has executed the agreements with the US federal government and five Gulf […]

On-Track to Commence First Gold Production in August 2015 at Pickstone-Peerless Gold Mine Vast, the AIM listed resource and development company, has announced that strong progress is being made in advancing the Pickstone-Peerless Gold Mine in Zimbabwe into production in August 2015. The mine is being commissioned, with an estimated annualised gold production of circa […]

Binding Licence and Share Subscription Agreements Signed with Major Chinese Oil Services Provider Yantai Jereh Oilfield Services Group Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, announces that it has finalised and entered into a licence agreement dated 1 July […]

Changes at the top. North River, the AIM quoted resource company focused on the Namib Lead-Zinc Mine in Namibia, has announced the following changes to the Board: James Beams has been appointed to the Board as an Executive Director with immediate effect. Mr Beams joined the Company in January 2015 and will assume the role […]

The share price of BP (LSE:BP.) has gained 4.60% today on the heels of the announcement that BP has agreed to an $18.7 billion settlement with the U.S. federal government and the five affected states on the U.S. Gulf Coast (Texas, Louisiana, Mississippi, Alabama and Florida). U.S. Attorney General Loretta Lynch noted that “If approved […]

When I logged on to my computer this morning, the first thing I wanted to see was how, if at all, the Greek debt crisis was resolving, especially considering that I proposed yesterday that I expected that, after all the posturing and political rhetoric, a deal would be struck. When I came to the ADVFN […]

Uncertainty continues as Greece fails to meet IMF loan repayment European markets have remained steady following Greece’s failure to repay a loan to the International Monetary Fund (IMF). The London, Paris and Frankfurt exchanges saw modest rises at the start of morning trading following Tuesday’s 22:00BST passed without an agreement being reached between the Greek […]

I awoke before sunrise this morning and found a message in my inbox from the BOSS, asking if I would “write a piece about Greece.” I said, of course that I would. After having tended to some business, it is now four hours later and I can see that the entire continent of Europe is […]

Greek Finance Minister, Yanis Varufakis today confirmed to the press that Greece will not pay the 1,600 million euros owed to the International Monetary Fund (IMF), whose term expires at midnight. However, the European Commission (EC), through its president Jean-Claude Juncker, submitted an last-minute offer to the Greek PM, Alexis Tsipras, with three conditions to […]

Greek PM asks voters to reject bailout terms The future of the Greek economy faces continued uncertainty after Prime Minster Alex Tspiras threatened to resign if citizens did not vote to reject EU-IMF proposals bailout. “If the Greek people want to proceed with austerity plans in perpetuity, which will leave us unable to lift our […]