Saturn Oil & Gas Announces Second Half 2019 Drilling Program, Option Grant and Updated Corporate Presentation

Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSXV: SOIL) (FSE: SMK) is pleased to confirm the commencement of its second half 2019 drilling program, an option grant and that an updated corporate presentation has been posted to its website. Second Half 2019 Drilling Program The Company is pleased to confirm that it has …

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Yes, It’s Due to Human Activity: New Research ‘Should Finally Stop Climate Change Deniers’

Read time: 4 minsBy Tim Radford for Climate News Network

European and US scientists have cleared up a point that has been nagging away at climate science for decades: not only is the planet warming faster than at any time in the last 2,000 years, but …

Equinor completes acquisition with Shell in the US Gulf of Mexico

The Bureau of Ocean Energy Management has approved Equinor and Shell’s transaction announced in May 2019, whereby Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of USD 965 million in cash. Equinor’s interest in the field is now 46%. Anadarko Petroleum …

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Commodity Tracker: 5 charts to watch this week

In this week’s pick of commodity and energy market trends, gold and copper prices send signals about the global economy, and US oil infrastructure build-out affects the price relationship between WTI and Brent crude prices, S&P Global Platts editors report. 1. Gold and copper track diverging paths as economies stutter   What’s happening: Gold is …

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Oil rises after Saudi oilfield attack, but recession worries cap gains

Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists, although price gains were capped by an unusually downbeat OPEC report that stoked concerns about demand growth. Brent crude was up 45 cents, or 0.8%, at $59.09 a barrel at 0035 GMT, U.S. crude was up 39 …

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Why Junior Miners Will Be The Biggest Winners In The Coming Gold Boom

What happens when the world’s biggest miners run out of gold? We already know. We’ve already hit peak gold, and the only companies sitting on promising new reserves are the junior miners. The big miners are scrambling for more gold, and merger mania has taken hold. Large-cap miners are doing three things at record pace: …

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Six Brilliant Clean Energy Ideas That Never Made It

The field of research for cleaner alternatives to fossil fuels is without a doubt one of the hottest in science today. There is, of course, a good reason for that: several countries have declared climate emergencies and while declarations by themselves cannot solve a problem, research may—and does—lead to solutions. Yet not all ideas pan …

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Iran ambassador to UK says Adrian Darya-1 expected to leave Gibraltar Sunday night

Iran’s ambassador to Britain said the Iranian tanker caught in a stand-off between Tehran and the West is expected to leave the British territory of Gibraltar on Sunday night. “With the arrival of two specialised engineering teams to Gibraltar … the vessel is expected to leave tonight,” Hamid Baeidinejad said on Twitter. British Royal Marines …

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Iran ready to escort Adrian Darya-1 oil tanker in the Gulf -navy commander

Iran is ready to dispatch its naval fleet to escort its Adrian Darya-1 oil tanker, which is currently in Gibraltar, Iran’s navy commander said on Sunday. “The era of hit and run is over … if top authorities ask the navy, we are ready to escort out tanker Adrian,” Rear Admiral Hossein Khanzadi was quoted …

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Gibraltar refuses U.S. request to seize Iranian tanker

Gibraltar refused on Sunday a U.S. request to seize the Iranian tanker caught in a stand-off between Tehran and the West, as the stationary vessel raised an Iranian flag ahead of its expected departure from the British territory. British Royal Marines seized the vessel in Gibraltar in July on suspicion that it was carrying oil …

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America and Britain’s presence in Gulf region brings insecurity -Iran revolutionary guards navy chief

The presence of America and Britain in the Gulf region brings insecurity, the head of the Iranian Revolutionary Guards navy, Alireza Tangsiri, was reported as saying by the ILNA news agency. (Reporting by Babak Dehghanpisheh Editing by David Goodman)
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U.S. and UK presence in Gulf brings insecurity -Iran Revolutionary Guards navy chief

The presence of America and Britain in the Gulf region brings insecurity, the head of the Iranian Revolutionary Guards navy, Alireza Tangsiri, was reported as saying by the ILNA news agency. Tensions have spiked between Iran and the U.S. and Britain in the Gulf after the Islamic Republic shot down an American drone in June …

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Australia Considers Lifting Its Nuclear Energy Ban

Australia has been historically opposed to nuclear energy–on their own land, that is. While the nuclear option has long been dismissed in the land down under and was officially banned in 2009 in reaction to Japan’s Fukushima nuclear disaster, Australia also has a long history of capitalizing on the global nuclear industry as a whole. …

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BW Offshore: Approved by ANP as operator in Brazil and transfer of the participating interest in the Maromba field

Approved by ANP as operator in Brazil and transfer of the participating interest in the Maromba field With reference to the stock exchange releases dated 8 and 14 March 2019. BW Offshore (BWO) is pleased to announce that The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has granted BW Offshore status as …

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CNPC Backs Out Of Oil Purchases With Venezuela On Sanctions Scare

Russia and China have stuck with Venezuela during its most recent time of need, but at least one of their loyalties may soon come to an end, according to anonymous sources who spoke to Bloomberg on Friday. CPNC’s PetroChina has canceled loading plans in August that would have seen 5 million barrels of Venezuelan oil, …

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