Oil, gas and mining

GCM Resources raises £2.0 million via direct subscription

GCM Resources PLC on Tuesday said that it has raised £2.0 million via a subscription of 30.8 million shares at 6.5 pence each.

GCM is a...

Tue, 16/04/2024 - 13:25

Powerhouse Energy completes manufacturing of feedstock testing unit

Powerhouse Energy Group PLC on Tuesday said the manufacturing of the 2.5 tonne per day kiln for its feedstock testing unit has been completed.

The Bingley,...

Tue, 16/04/2024 - 11:57

Beacon Energy discloses delay in mobilising drilling rig in Germany

Beacon Energy PLC on Tuesday said it has delayed mobilising the drilling rig for the SCHB2 side track by around two weeks, after it had...

Tue, 16/04/2024 - 11:35

Lexington Gold completes drilling at South Carolina mining project

Lexington Gold Ltd on Tuesday said its gold, silver and copper exploration drill programme at its Jennings-Pioneer project in the US state of South Carolina...

Tue, 16/04/2024 - 10:27

EnergyPathways sees delays in licence application for Marram project

EnergyPathways PLC said on Monday that its licence application to fast-track the development of the Marram project has been pushed back slightly.

The West Sussex, England-based...

Mon, 15/04/2024 - 16:02

IN BRIEF: Pennpetro Energy says oil production continues to flow

Pennpetro Energy PLC - Texas-focused oil and gas company - Plans to bring Whistling Straits 5H well in the Peach Creek oil field in Gonzales...

Mon, 15/04/2024 - 14:17

Molecular Energies shares plummet as company to delist from UK markets

Molecular Energies PLC announced following a general meeting on Monday that the company’s shares will no longer be traded on the UK market, as ‘the...

Mon, 15/04/2024 - 13:52

GreenRoc Mining considered for significant financing by US EXIM Bank

GreenRoc Mining PLC announced on Monday it has been considered for financing by the US Export-Import Bank, to fund its major projects in Greenland.

The...

Mon, 15/04/2024 - 13:13

IN BRIEF: Corcel completes initial well testing; raises £1.3 million

Corcel PLC - London-based mining and resource development company - Notes the conclusion of initial well test efforts at TO-14 well in the Kwanza Basin,...

Mon, 15/04/2024 - 12:12

IN BRIEF: 88 Energy hails second light oil discovery at Hickory-1

88 Energy Ltd - Alaska-focused oil exploration company - Makes second light oil discovery at Hickory-1 reservoir in Phoenix project, Alaska. Says flow test demonstrates...

Mon, 15/04/2024 - 11:36

Pages