Commodities
Altona Energy suspends Westfield operations and appoints new chairman
Altona Energy’s shares dropped on Thursday after activities were temporarily halted at a project in Australia and the company’s chairman was replaced.
Arc Minerals interesects 'encouraging' copper mineralisation in Zambia
Arc Minerals confirmed on Wednesday that it has intersected "significant" copper mineralisation at the Kalaba Cobalt-Copper project in the Zambia copper belt.
US weekly oil stockpiles build more quickly than expected
US crude oil stockpiles jumped last week, easily surpassing analysts' forecasts.
Putin calls on US to abandon 'unilateral sanctions', says $60 oil 'acceptable'
Russian President Vladimir Putin called on the US to abandon its policy of unilateral sanctions and to instead seek common ground.
Cluff Natural Resources leaps on new exclusivity agreement
Cluff Natural Resources (CLNR) jumped on Wednesday after it signed an exclusivity agreement with a major international oil and gas company for a definitive farm-out agreement.
Jadestone Energy swings to profit as revenue surges
Jadestone Energy swung to a pretax profit during the third quarter after the oil and gas developer's revenue leapt.
Commodities: Brent recovers from intra-day lows, G-20 and end-of-year in focus
Commodities came under renewed selling pressure on Tuesday as the US dollar continued to push back towards its 52-week highs, even as traders continued to wonder aloud whether the Organisation for Petroleum Exporting Countries would finally coordinate to reduce its combined output.
Kodal Minerals encounters 'high grade' lithium at Mali project
Kodal Minerals’ shares climbed on Monday after drilling at its Bougouni lithium project in southern Mali returned multiple mineralised intersections.
Petro Matad tumbles after Wild Horse proves dry
Mongolia-focussed oil and gas outfit Petro Matad plummeted on Monday after its Wild Horse well failed to find hydrocarbons.
Commodities: Energy futures heavily discounted on Black Friday
Energy futures continued coming under overhwelming selling pressure at the of the holiday-shortened trading week as investors in the States reacted with a lag to news during the previous session that Saudi output was also running at a record pace in November, alongside that in the US and Russia.
Smart meters roll-out to miss 2020 target
Consumers face paying £500,000 more than expected for the rollout of smart meters and it is unlikely that they reach their 2020 target, the National Audit Office has warned.
BP starts production from Shetland's Clair Ridge project
BP is launching its first oil production from the offshore Clair Ridge project in the West of Shetland, more than 40 years after oil was first discovered in the area.
Commodities: Crude oil prices find small bid, Russia keeping an eye on volatility
Commodities were on the front foot ahead of Thanksgiving, boosted by oil price gains after Russian government spokesperson, Dmitry Peskov, said Moscow was watching the gyrations in the oil price.
Rambler's loss still expands as production at highest level since 2015
Rambler Metals & Mining reported on Wednesday that it its third quarter loss expanded even as production reached its highest level since the fourth quarter of 2015.
Commodities: Brent's fall towards 200-day moving average continues apace
Crude oil futures were again trading on the back foot on Tuesday, following the broad cross-asset class price pattern seen on multiple occasions over the last few weeks, with oil futures lower, the US dollar higher and risk assets - including equities and junk debt - generally weaker globally.
Commodities: Gains for natural gas help offset losses in agricultural futures
Natural gas futures continued to move back towards their recent 52-week highs, alongside a small advance in crude oil futures.
Rockfire Resources leaps after 'bonanza' gold find
Rockfire Resources soared on Monday after intersecting “bonanza grade” gold in recent drilling at the Double Event Prospect in Queensland, Australia.
Commodities: Natural gas bounces, Bitcoin continues to drift lower
Commodity prices were resurgent at the end of the week as natural gas futures bounced back from the sharp losses endured during the prior session.
Eland Oil & Gas' field development on course for year-end completion
Eland Oil & Gas’s field development programme at the Gbetiokun field in Nigeria is on course for completion before the end of the year, the company said on Friday.
Sector movers: Electricity up, oil engineers down
Electricity and telecoms were the livewire sectors on Wednesday, while oil engineers were on the rocks.