China GM Investments takes over oil firm Zeta Petroleum Romania
Chinese company GM Investment & Co Limited has acquired the oil firm Zeta Petroleum Romania from the British group Zeta Petroleum. The transfer of shares...
Ariana Resources Turkey properties show high grade gold-silver deposits
Ariana Resources latest drilling results show high grade of gold-silver deposits in their JV properties of Kızıltepe Mine and Kızılçukur area. Drilling results from Kızılçukur...
Russia 2016 oil-gas exploration investments decreased
Investment in geological exploration for oil and gas in Russia may reduce 10-15% in 2016, Minister of Natural Resources and Ecology Sergei Donskoy said in...
KW Poland coal producer seeks investor support for restructuring project
Kompania Węglowa (KW), Poland’s largest producer of coal, is understood to have entered talks with investors over a planned capital injection of PLN 1.5 billion...
Vast Resources positive cash flow from its Romania Manaila mine
Vast Resources reported that its Romania Mainaila mine production is ramping up to targeted 20.000 tones and with positive cash flow. Vast Resources says operational...
Frontera Resources & Naftogaz Ukraine gas joint venture project
Frontera Resources, the AIM traded oil-gas exploration company kicks off the joint venture project with Ukraine Naftogaz. Frontera Resources moved to solidify its expansion into...
Dundee issues Bulgaria Chelopech gold mine technical-mineral resource update report
Dundee Precious Metals Inc reported that following the announcement of a 15% increase to the Measured and Indicated Mineral Resource categories for its Chelopech mine...
Anglo American, Glencore and Rio Tinto pressured to phase coal out of their portfolios
The BP and Shell resolutions have helped change the way the European oil and gas companies integrate climate change into their business strategies. We are...
Iron ore mining, smelters and steel industry challenged by carbon markets
Steel, the backbone of the modern economy, produces carbon dioxide as it is smelted from iron ore in a blast furnace. The iron and steel...
Environment permit renewal process to halt Estonia oil shale extraction mine
Environment permit renewal process for oil shale mine will lead to lose of extraction permit of Eesti Energia Kaevandused. Eesti Energia Kaevandused, the mining arm...
