Turkish Petroleum Refineries Corp. (TPRD.L) reported after tax net profit of US$575.0 million in 2006 compared to US$507.6 million in the previous year. Net sales increased to US$14.1 billion from US$11.1 billion a year ago.
Net operating profit was US$584.9 million compared to US$615.4 million last year.
While domestic sales for the year were US$11.0 billion, exports [...]

Caesar Petroleum Systems, LLC participated in the presentation of a technical paper related to shale gas economics at the 2007 Society of Petroleum Engineers (SPE) Hydrocarbon Economics and Evaluation Symposium (HEES), being held in Dallas, Texas, April 1-3. The conference theme was titled “Unconventional Economics.”
SPE Paper 108053, “A Probabilistic Approach to Shale Gas Economics,” was [...]

Oil Minister Sheikh Ali Jarrah al-Sabah said in remarks published Thursday he has accepted the resignation of the chief executive officer of Kuwait Petroleum Corp. (KPC) Hani Hussein.
“I have accepted his resignation based on his personal wish,” Sheikh Ali told Al-Siyassah newspaper.
The minister said that Hussein’s term has expired “some time ago” but it was [...]

Uranium Energy Corp announces the further expansion of its technical team with the appointment of Paul Pierce as the Manager of Mine Development. Mr. Pierce has 35 years experience in the mining industry in the southwest United States, chiefly in the states of New Mexico, Colorado, Utah, Arizona, and Nevada, either as a mine engineer [...]

Uranium One Inc. (”Uranium One”) is pleased to announce that the plan of arrangement under which Uranium One will acquire all of the outstanding common shares of UrAsia Energy (”UrAsia”) was overwhelmingly approved at a meeting of UrAsia shareholders held today in Vancouver, British Columbia. At the meeting, approximately 99.89% of the votes cast were [...]

First Uranium Corporation, which took a secondary listing on the JSE last week, said yesterday that it would buy a gold plant and three gold and uranium tailings dams in a R200 million (US$28 million) deal.
The purchase would help accelerate and expand the group’s plans to start producing gold and uranium.
President and CEO Gordon Miller [...]

Iran’s nuclear chief Ali Larijani has told the European Union there was no chance Tehran would suspend its programme of uranium enrichment, state television reported on Thursday.
He made the comments in a telephone conversation on Wednesday with the EU’s top diplomat, Javier Solana.
“The Islamic Republic of Iran is ready to negotiate only on non-diversion (of [...]

Goldrea Resources Corp. is pleased to announce diamond drilling programs amounting up to $1,000,000 dollars CDN have been compiled and designed to test the Crowrea property and the Empress molybdenum acquisition. Both properties are 50/50 joint venture with Molycor Gold Corp. and are located 15 kilometers south of the past copper/moly producer Brenda Mines, near [...]

Western Uranium Corporation is pleased to announce the required permits needed to initiate the ground geophysical and core drilling program in Nunavut have been granted. Mobilization of the camp and drilling equipment is in progress and it is anticipated the core drilling program will be underway within the next week. The drilling program is designed [...]

More than two years ago, the Techsol chemical spill in Westmoreland drove five hundred people from their homes. Marathon Ashland has already settled with many of the neighbors in the affected area…but now, they’re worried about more drilling for soil samples near their neighborhood.
It all started in October 2004, when Techsol tried to transfer about [...]