E-MetaVenture Joins Franklin Mining on GTL Project

Franklin Mining, Inc. Chairman and CEO William A. Petty is pleased to announce that E-MetaVenture, Inc. has joined Franklin in the capacity of advisor on technical and commercial matters as related to GTL, CTL, and other related gas processing technologies. “E-MetaVenture, Inc, Houston, Texas provides independent consulting, design, and training services to the refining, gas processing and allied... 

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Asia-Pacific Surpassed North America As The World’s Primary Oil Consuming Region In 2007

Research and Markets has announced the addition of the “Asia-Pacific Oil & Gas Sectors : A Company and Industry Analysis (August 2008)” report to their offering. This report updates the previous Asia-Pacific oil and gas report, focusing on the markets in Australia, China, India, Indonesia, Japan and South Korea Current Environment – Key Points - Crude oil prices rose 66% from... 

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Sterling Resources Ltd. announces planned drilling activity on the Craiova concession, onshore Romania

Sterling Resources Ltd. announce that it has reached an agreement in principle with TransAtlantic Petroleum Corporation (“TransAtlantic”) to farm out a 50% working interest in the large (1,500,000 acre) South Craiova Block E III-7 located onshore Romania. The agreement is subject to the completion of formal documentation and approval by the Romanian National Agency for Mineral Resources. This... 

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Chevron Announces Opening of Vocational Training Center in Tsunami-Affected Indonesian Province

Chevron Corporation, the government of Indonesia, the local government of Aceh province, the National Education Department, the Rehabilitation and Reconstruction Agency for Aceh and Nias, and the United States Agency for International Development (USAID) today announced the completion of a $16 million partnership to construct a polytechnic institute in Aceh province, Indonesia. Chevron committed $6... 

Sterling Resources Ltd. to increase interest in the Craiova concession, onshore Romania

Sterling Resources Ltd. report that it has reached agreement to acquire an additional 40% working interest in the large (1,500,000 acre) South Craiova Block E III-7 located onshore Romania. The agreement, which is subject to the completion of formal documentation and approval by the National Agency for Mineral Resources, is effective from July 1, 2008 and allows the transfer of the entire right, title... 

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Vena Acquires 100% of Coal Company in Peru and Provides Development Plans for Peruvian Anthracite Coal Market

Vena Resources Inc.announces it has now acquired 100% of Sudamericana de Carbon (SDC), a Peruvian company focused on the exploration, development and mining of anthracite coal. As previously announced on February 26, 2008, Vena had entered into an agreement with SDC whereby Vena could earn a 70% interest in SDC by spending US$2.5 million in exploration costs. To acquire 100% of SDC, Vena has agreed... 

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VIPR Industries Closes Acquisition of Itigi Manyoni Uranium Property

Industries Inc. has completed its acquisition of the highly prospective Itigi Manyoni Uranium Property located in Tanzania. Airborne radiometric surveys have identified uranium anomalies indicating strong potential for significant uranium mineralization on VIPR’s project area. Radiometric mapping of VIPR’s newly acquired 170 kilometer Itigi Manyoni Uranium Prospect has identified anomalies... 

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Powertech Shareholders Elect Synatom Officers to Board and Approve Synatom Warrants

POWERTECH URANIUM CORP. is pleased to announce that at the Company’s Annual General Meeting of the shareholders (the “Meeting”) held on July 15, 2008, the Company’s shareholders approved the re-election of its current directors, being Richard F. Clement, Jr., Wallace M. Mays, Thomas A. Doyle, Douglas E. Eacrett, Greg C. Burnett and Malcolm F. Clay, and the election of Robert... 

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Southern Regional Government Council Approves Infinity Energy Resources Offshore Nicaraguan Exploration and Development Contracts

Infinity Energy Resources, Inc., an independent oil and gas exploration and development company, today announced that the regional government council of the Autonomous Region of the Southern Atlantic (“RAAS”) voted to approve the Company’s offshore Nicaraguan exploration and development contracts on July 4, 2008. “This represents the achievement of a critical objective in our... 

IEA Sees Oil Supplies Barely Ahead of Demand

Oil supplies will remain tight despite record prices that have trimmed demand, according to the International Energy Agency. Downsizing its estimate of how much oil will reach the market, the IEA predicted supply will exceed projected demand only by 2 million barrels a day. The IEA is the energy watchdog for the Organization for Economic Cooperation and Development, a grouping of the world’s...