Eco Atlantic Oil & Gas Ltd: Surges after oil discovery offshore Guyana

** Oil and gas company’s shares nearly double to 134.2 pence ** Company announces significant oil discovery in the Orinduik block, offshore Guyana ** Evaluation of logging data confirms that Jethro-1 is the first discovery on the Orinduik licence ** Jethro-1 comprises high quality oil bearing sandstone reservoir of lower tertiary age ** Tullow Oil …

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Tullow makes major oil discovery in Guyana

Tullow Oil announced on Monday a major oil discovery in the Orinduik block in Guyana, raising expectations it will move to develop a field in the oil-rich South American country. Tullow shares surged more than 12% in early trade in London. The discovery in the closely watched Jethro-1 well follows a number of exploration successes …

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Asian shares turn lower on Sino-U.S. trade, recession worries

Worries that a prolonged Sino-U.S. trade war could tip the world and U.S. economies into recession weighed on Asian equities on Monday, offsetting a welcome a lift from Chinese shares and a stronger-than-expected daily fixing for the yuan. European stocks were expected to recover on Monday after a second week of losses. In early deals, …

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TransGlobe Energy Corporation Announces Declaration of Dividend

This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. CALGARY, Alberta, Aug. 12, 2019 (GLOBE NEWSWIRE) — AIM & TSX:  “TGL” & NASDAQ:  “TGA” TransGlobe Energy Corporation (“TransGlobe” …

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Trump Pushes Venezuela To The Brink

The Trump administration has taken its regime change campaign in Venezuela to the next level, initiating a new set of sanctions that some analysts liken to a total economic embargo of the country. On Monday, President Trump signed an executive order freezing all government assets and implementing a total ban on transactions with the government. …

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US Northwest river runoff down to 92 pct – NWRFC

Projected water runoff at The Dalles Dam on the Columbia River in Oregon fell to 92 percent of normal for April-September, the U.S. Northwest River Forecast Center (NWRFC) said on Sunday. That is down from the prior forecast of 93 percent of normal. See . In the 2018 water year, actual runoff at The Dalles …

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