Patented Tar Sand Oil Extraction Process to Commence Operation this Week
International Oil & Gas Holdings Corporation (Symbol: IGHL), a diversified holding company with joint ventures in the energy, technology, insurance, real estate and security sectors, announced today BlackStone Energy will become a wholly-owned subsidiary of IGHL via a definitive merger agreement signed between the two [...]

An Energy Consultant, Dr. Arinze Agbim has criticized the federal government for its failure to use oil and gas wealth to improve the living standard of the people and the economy.
Agbim who spoke last week in a paper titled “Nigerian Petroleum Industry and the Sustainable Development Challenge: Making Poverty History”, presented at the Centre for [...]

FX Energy, Inc. announced today that David N. Pierce, the Company’s President and CEO, will make a presentation at the IPAA Oil and Gas Investment Symposium West in San Francisco on October 3, 2006. The presentation is scheduled for 6:05 p.m. Eastern time and will be webcast. A link to the webcast will be available [...]

Pegasus Oil & Gas Inc. (formally NDT Energy Inc. (”NDT”)) has filed the year-end audited consolidated financial statements and the Management Discussion and Analysis (Form 51-102F) of NDT for the year ended May 31, 2006 with the regulatory authorities through SEDAR (www.sedar.com) and has mailed them to shareholders whose names appear on its Supplemental List. [...]

European mining stocks may rise after gold prices gained and China said economic growth will accelerate this year. Rio Tinto Group and Anglo American Plc might lead the advance.
“Metal prices have moved significantly higher which should help the mining companies,” said Simon Denham, a director at London Capital Group. “We see Rio and Anglo opening [...]

Mining stocks helped push the Australian stock market higher Friday along with end of quarter buying by local fund managers.
The benchmark S&P/ASX200 index rose 40.2 points to 5,154.1, and the All Ordinaries index added 37.5 points to 5,113.
Anglo Australian mining giant BHP Billiton jumped 1 percent, or 25 cents, to A$25.63, rival Rio Tinto climbed [...]

Canada’s economy, the world’s eighth-largest, expanded 0.2 percent in July, the most in four months, led by mining, wholesaling and financial services.
The increase reported by Statistics Canada today in Ottawa compares with no growth in June and matches the median estimate in a Bloomberg News survey of 19 economists.
Today’s figures suggest the economy is rebounding [...]

The Underground Mining Training Center at Montana Tech has closed after running out of cash.
The program, funded with a $1.6 million federal grant, graduated 33 students before shutting down last April, said Pete Knudsen, dean of the school of mines at Montana Tech.
The grant was approved in 2001 with the backing of U.S. Sen. Conrad [...]

Small Canadian mining companies are rushing to groom themselves to attract big-league suitors, experts say, a trend underscored by a wave of consolidation among junior explorers and producers.
Flush with cash and confidence spawned by robust commodity prices, the miners want to capitalize on vibrant investor interest.
Mergers are a way for the miners to bulk themselves [...]

China’s iron production slowed in August to 16.6 percent, 5.9 percentage points lower than the July pace, indicating that government measures to rein in fixed-assets investment may be taking effect.
The figure was released by the National Development and Reform Commission (NDRC) among statistics for the country’s nonferrous metal industry.
The slowing pace comes amid predictions that [...]