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23May 2017

China claims breakthrough in mining ‘flammable ice’

Methane hydrate

China has for the first time extracted gas from an ice-like substance under the South China Sea considered key to future global energy supply.

Chinese authorities have described the success as a major breakthrough. Methane hydrates, also called “flammable ice”, hold vast reserves of natural gas. Many countries including the US and Japan are working on how to tap those reserves, but mining and extracting are extremely difficult.

14May 2017

LGO jumps 40% on new CEO & name change; Flowgroup slides after capital fundraising announcement

Energy boost: LGO Energy PLC was a strong performer on news of a relaunch, with a new chief executive appointment and a name change

By JON HOPKINS AT PROACTIVE INVESTORS

There was an oily tint to some of the biggest small cap gainers this week, with Trinidad-based oil and gas firm LGO Energy PLC (AIM:LGO) a strong performer on news of a relaunch, with a new chief executive appointment and a name change.

Neil Ritson stepped-down as LGO’s chief executive and chairman on Wednesday, to be replaced by Leo Koot who joined as the firm’s executive chairman with immediate effect.

3May 2017

Kuwait Energy Plc: Intention to float on London Stock Exchange

Kuwait Energy plc (“Kuwait Energy”, the “Company” and together with its subsidiaries and subsidiary undertakings, the “Group”), an independent oil and gas company actively engaged in the exploration, appraisal, development and production of hydrocarbons across the Middle East and North Africa (“MENA”) region, today announces that it intends to proceed with an initial public offering (the “IPO” or the “Offer”).

1May 2017

Trump: 100 Days Of Ineptitude

Now in 2017 it is perhaps the case that the dying mainstream media, and the emerging social media based giants are perhaps around level pegging in terms of influence. The former on the way down is meeting the latter on the way up. This is even though the newbies won in 2016, with Brexit and Trump.

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