City Capital Corporation announced the acquisition of Montreal Beneficial, Inc., a Dallas-based group with over 100 years experience in oil and gas operations. A Nevada corporation in the name of Goshen Energy Resources, Inc., “Goshen,” was created for this transaction. City Capital owns 600,000 shares and Montreal Beneficial owns 400,000 shares of Goshen. Goshen will [...]

Jeff Lydecker depends on driving to maintain a successful business, so he made a smart business decision to keep costs to a minimum.
Although some drivers spent the summer searching for cheap gas, Lydecker bought a 2006 Toyota Prius hybrid, which uses a mix of gas and electric energy. It gets him almost twice the mileage [...]

Nevtah Capital Management and its joint venture partner, Black Sands Energy, have signed an agreement to acquire a key leasehold property within the richest portion of the Sunnyside Deposit in the Utah Oil Sands.
The Sunnyside Deposit, according to the Lewin & Associates Report, 1983, ranges in field richness from 100,000 to 600,000 bbl/acre. The Report’s [...]

Cairn Energy Plc, a U.K.-based company that explores for oil and gas in southern Asia, posted a loss in the first half after production fell.
The net loss in the six months to June 30 was $5.79 million, or 3.68 cents a share, compared with profit of $55.4 million, or 35.17 cents, in the year-earlier period, [...]

Crude oil prices plunged below $67 a barrel in Asian trading Friday after a U.S. inventory report showed that higher refinery production was helping boost gasoline and distillate inventories.
Light, sweet crude for October delivery dropped 52 cents to $66.80 a barrel in electronic trading on the New York Mercantile Exchange. The contract on Thursday fell [...]

Researched by Industrial Info Resources (Sugar Land, Texas). Connacher Oil and Gas Limited has received government approval for its Great Divide oil sands project, located approximately 80 kilometers southwest of Fort McMurray, Alberta.
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Industrial Info Resources (IIR) is a Marketing Information [...]

The B.C. Securities Commission today denied the request of Ashton Mining of Canada Inc. to cease-trade Stornoway Diamond Corporation’s unsolicited bid for Ashton.
John Cole, Chair of the Ashton Board, said: “We are pleased that our application to the Commission compelled Stornoway and Rio Tinto to amend the lock-up agreement to ensure fair treatment for Ashton’s [...]

Shares of Newmont Mining Corp. sagged Thursday as the price of gold faltered and an analyst lowered his rating on the gold producer’s stock.
The December gold contract dropped $17.30 to $624.50 an ounce at midday on the New York Mercantile Exchange. Sector-wide, shares of gold producers retreated along with the metal.
Newmont Mining Corp. shares fell [...]

The Ha Tinh Mineral and Commercial Corporation has earned VND 10 billion (US $625,000) from mining and processing of gypsum in Laos’ Khammouane province.
The corporation started mining in a 700-hectare area, which has an estimated reserve of millions of tonnes of gypsum.
The corporation employs 140 Laotians at the mine. It also helped Khammouane province build [...]

First Nickel Inc. announced that it has, at the request of the Ontario Securities Commission, and in accordance with Multilateral Instrument 52-109 - Certification of Disclosure in Issuers’ Annual and Interim Filings
(”MI 52-109″), re-filed the Certifications of the Chief Executive Officer and the Chief Financial Officer of First Nickel in respect of its annual filings [...]