The Norwegian Ministry of Oil and Energy announced on Friday that it plans to nationalize a majority of its gas pipeline network by the time many current concessions expire in
To end UK dependence on China, the British seabed could be mined for key elements
The government explores potential sites in the midst of the fight for critical materials
Uganda claims that it has 31 Million Tonnes of gold ore
Uganda claims that recent exploration surveys show it has gold ore reserves of approximately 31 million tonnes. It wants to attract large investors to develop this sector, which is currently
Southern Energy Corp (AIM:SOUC) Successful Initial Results from Generation 3 Well Design
Calgary, Alberta – June 8, 2022 – Southern Energy Corp. (“Southern” or the “Company”) (TSXV:SOU) (AIM:SOUC) is excited to announce successful early flowback results from the first well of the
Russia is on the brink of a unique type of debt crisis
Investors believe this would be the first time that a major emerging market country is forced into a bond default through geopolitics rather than empty coffers.
Moody’s suggests Russia could be in default
Moody’s suggested Russia could be in default after it attempted to service dollar bonds in Russian rubles. This would be one of the most severe consequences of Moscow’s exclusion from
EU Effort to Quit Russian Gas, 900km gas pipeline from Norway to Poland resumes
Denmark resumes construction of the 900 km gas pipeline linking Norway and Poland. This pipeline will help Poland decrease its dependence on Russian natural gases.
Russia close to default on its debt – Bondholders paid in roubles
Russia moved closer to defaulting on its international debts on Wednesday when it paid dollar bondholders with roubles. It also stated that it will continue to do this as long
Is The Venezuelan Oil Basin Doomed To Become The World’s Largest Stranded Asset
Big oil is being forced to examine its carbon emissions and work towards becoming carbon neutral as part of the global push to decarbonize the economy with oil supermajors are
Bahamas Petroleum Co (BPC.L) Operational and Corporate Update
Bahamas Petroleum Company plc (“BPC”), the Caribbean and Atlantic margin focused oil and gas company, with exploration, appraisal, development and production assets across the region, is pleased to provide the following
Significant UK petroleum reserves could sustain production for next 20 years
The UK’s petroleum reserves remain at a significant level which could sustain production for at least the next 20 years and beyond if additional undeveloped resources can be matured.