Alcoa announced today that the Alcoa Board of Directors has elected Kurt Waldo, 53, as Vice President and General Counsel, responsible for leading Alcoa’s global legal team. He had been Deputy General Counsel with responsibility for the antitrust, merger, acquisition and divestiture practice areas.
Alcoa also announced that Jake Siewert, 44, has been named Vice President, [...]
Carpathian Gold Inc. announce that it has entered into an option agreement with Caracal Gold LLC, an indirect wholly-owned subsidiary of Electrum Ltd., a private Global Gold Group with a portfolio of over 80 exploration projects around the world. Electrum is managed by a team of professionals with a proven track record of successfully discovering, [...]
Falcon Oil & Gas Ltd. announced today, at the request of Market Regulation Services, that no material change has occurred in the affairs of Falcon.
About Falcon Oil & Gas Ltd.
Falcon Oil & Gas Ltd. is a British Columbia corporation which is in the business of oil and gas exploration and production. It has operations in [...]
CROSCO Integrated Drilling & Well Services Co., Ltd. is pleased to announce the recent commencement of drilling services for Gulfsands Petroleum PLC in Syria. Drilling services are being provided with CROSCO’s 2000 HP drilling rig EMSCO 602 (Emsco C-2 II). Currently CROSCO is drilling the Khurbet East exploration well KHE 1. The total drilling depth [...]
The Hungarian energy office MEH said Thursday the government shouldn’t lower natural gas prices in April or July despite lower world-market oil prices, since gas prices failed to follow import price developments in 2005 and 2006.
Hungary’s natural gas import prices are tied to oil price developments with a six- to nine-month delay. Natural gas prices [...]
Toreador Resources Corporation and its joint venture partners TPAO (the Turkish national oil company) and Stratic Energy Corporation today announced the successful test of the uppermost of three zones in the Akcakoca-4 well. The flow test resulted in a flow rate of approximately 18.9 million cubic feet of gas per day (MMCFD) with a flowing [...]
Russia and Belarus sought Tuesday to resolve a damaging trade battle that has led Moscow to halt oil supplies to several EU nations via Belarus, causing fresh alarm in Western Europe over its reliance on Russian energy.
A delegation led by Vice-Premier Andrei Kobyakov flew to Moscow on Tuesday to find a solution to the halt [...]
It is a classic tale of the developing world: a rich North American company discovers gold under pristine land and encourages the villagers to leave, offering money, homes in the city, soft-focus TV ads that tout the benefits of the project, and some tough talk.
International environmental groups — complete with celebrities like Vanessa Redgrave [...]
Falcon Oil&Gas Ltd. announced that it has received written approval from the Hungarian Mining Authority based on the Geological Closing Report covering the estimated resource underlying Falcon’s two exploration licenses. The Mining Bureau approval is based on the Hungarian Geological Survey recommendation.
Approval of Closing Report
On December 21, 2006, Falcon received written acceptance and approval of [...]
Austria’s OMV Gas, which entered Turkey’s energy market by purchasing 34 percent of Petrol Ofisi (PO) for $1.05 billion, is also interested in the country’s natural gas import.
Werner Auli, the company’s executive board director, said they started preparations for such an investment after the market had been liberalized.
While the company remains undecided about what [...]
