Global News

Update on Timing of Wressle-1 Well Testing Europa Oil & Gas, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, is pleased to note the announcement of Egdon Resources today regarding the timing of operations to test potential hydrocarbon bearing zones in three separate […]

Update on Expansion Plans in Côte d’Ivoire DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire, has been notified by its joint venture partner, Biopalm Energy, that it has elected to maintain its 49% interest in Ayenouan. As a result, Biopalm will invest €1.2 million to […]

I really did expect to write about something other than oil today, but you know what they say about the best laid plans of mice and men. The mere mention of ExxonMobil (NYSE:XOM) in my article yesterday led me to think a bit more about the issue, especially as XOM makes for a good example […]

“I am adhering to a positive expectancy model and prudent rules of risk management, therefore I have confidence in taking each and every trading signal.” The Relative Strength Index (RSI) – which has many uses – is a popular tool among Forex traders. However, using it in a conventional way mayn’t serve our best interest. […]

Positive Study for Acceleration of Cash Flows from Surface Mining at Tongo Project in Sierra Leone Stellar Diamonds plc, the London quoted (AIM:STEL) diamond development company focused on West Africa, announces the results of an independent study on its 100% owned 1.45 million carat Tongo Dyke-1 project in eastern Sierra Leone. The study and associated […]

Secures agreement for multiple power generation sites with established commercial landlord for the South West and South Wales Plutus PowerGen plc, the AIM listed power company focused on the development, construction and operation of flexible stand-by electricity generation in the UK, announces that its wholly owned subsidiary, Plutus Energy Ltd, has successfully completed an agreement […]

First Diamond Export from Trial Mining at Baoulé Kimberlite, Guinea Stellar Diamonds, the London listed (AIM:STEL) diamond development company focused on West Africa, announces its first export of diamonds and an operational update from trial mining at its 75% owned five hectare Baoulé kimberlite pipe in Guinea. Highlights: · Diamond parcel of 941 carats exported […]

Expands Operations into Mozambique Atlas Development & Support Services Limited (AIM:ADSS), the African focussed support services and logistics company, has announced that, in line with its expansion strategy for East Africa, it has been awarded its first support services contract in Mozambique. The agreement, with an international oil company, underlines Atlas Development’s...

There is a human tendency – we all have it – to forget the bigger picture when a singular matter is making headlines. Whilst I obviously believe the recent news regarding oil production and pricing is BIG (this is my fourth  consecutive  article on the subject), I feel compelled to remind us all that it’s not […]

Fitbug Holdings shares (LSE:FITB) have risen from a strange base in a determination to go upwards. The base is called a strange base because it was ongoing for many months (an extremely tight consolidation), while price appears as dots in the chart. However, the current upwards breakout signals the end of the tight consolidation. The […]