Commodities

Poweralternatives: Alkane Energy’s trading update said a weak final quarter 2014 is likely to impact on PBT for last year when results are announced in March.

By Stewart Dalby In line with its established practice, Alkane Energy the UK gas-to-power producer has released a trading statement…

Market Overview: Oil price seems to have settled at just under US$50 a barrel

By Eithne Treanor The new normal for the oil market continues to see prices hover below US$50 a barrel. The…

Noricum Gold Keeps Its Eye On The Target At Schonberg

Noricum’s exploration work on its Austrian ground continues apace. The company has just announced the completion of three further drill…

Shell slashes US$15 billion of spending through 2017 but cautions against “over reaction” to fall in oil price

By Amy McLellan Royal Dutch Shell delivered its full year results on Thursday, the first of the oil majors to…

LUKOIL vigorously refutes Ukraine’s allegations

By Amy McLellan Oil companies, wherever they operate, are no strangers to political interference, be it fiscal fiddling, fracking policy…

Fortune Minerals Has Booked Its Maiden Mining Revenue, As It Weighs Financing Options For NICO

By Alastair Ford “When we discovered NICO in the mid-1990s, only one per cent of cobalt consumed globally was used…

Mincor Hits High Grade Nickel Right Across The Development Portfolio

The latest research from GMP Securities on Mincor makes no bones about what the implications are of the recent drill…

PA Resources pushed to the brink of liquidation by US$259m write-down

By Amy McLellan Those companies that took on too much debt without shoring up defences against a rout in the…

Arawak may recall US$10m loan as Gulfsands’ Boardroom battle turns ugly

 by Our Oilbarrel Staff There was support for the executive team at Gulfsands Petroleum at the end of last week…

Central Petroleum’s CEO Richard Cottee brings off a coup with a pipeline deal from Australia’s Northern Territory to east coast gas markets

By Stewart Dalby Central Petroleum has amassed what it says is the largest package of proven and prospective oil and…