Kentucky USA Energy, Inc, an early stage natural gas exploration and production company, has just published a report that that the drilling contractor for the Company’s initial wells has moved a second drilling rig onto the Company’s second well, Hunter Wells #1 location and has spud-in. Due to mechanical difficulties on the first rig, there [...]

Zenergy Power Inc., developer of commercial products based on high temperature superconductor (HTS) technology, announced the successful installation and implementation of the world’s first commercial full scale HTS induction heater for Weseralu GmbH & Co. KG (Weseralu), an aluminum profile extrusion company, at its manufacturing facility in Minden, Germany.
The HTS induction heater is based on [...]

The Board of Gladstone Pacific Nickel Limited announces that GPNL has entered into agreements to acquire 100% of the issued share capital of Egidia Pty Ltd (”Egidia”) and Dasines Pty Ltd (”Dasines”) (the “Acquisitions”), companies owned 100% by Mr Clive Palmer, in consideration for the issue of GPNL Shares representing a minimum of 50% of [...]

OAO Severstal, one of the world’s leading metals and mining companies, announced that it has extended the expiration date for its tender offer to purchase all outstanding shares of Esmark Incorporated (Nasdaq: ESMK; “Esmark”), at an offer price of $19.25 per share, to 10:00 a.m., Eastern Daylight Time, on Monday, August 4, 2008.
The tender offer [...]

Uruguay Mineral Exploration Inc reports on the results of exploration activities during the quarter ended 31 May 2008.
David Fowler, Chief Executive Officer commented: “We have made good progress in the fourth quarter towards achieving our exploration objectives; results overall have been encouraging.
“Near the mine, we have had better results in the deep drilling program at [...]

CGGVeritas provides its vessel utilization and fleet allocation updates for the second quarter of 2008 and announces the release date for the second quarter financial results.
Vessel utilization update for the second quarter 2008:
Going forward, CGGVeritas will publish on a quarterly basis a vessel utilization update. Two indicators will be disclosed:
- Vessel availability rate, a metric [...]

Oil prices finished about where they began, after jumping more than $2 earlier on reports of lower U.S. oil stockpiles and an Iranian missile test.
Light, sweet crude for August delivery rose a penny to settle at $136.05 a barrel on the New York Mercantile Exchange, but prices shifted between positive and negative territory as traders [...]

Harvest Natural Resources, Inc. announced the successful acquisition of significant additional leasehold covering its prospective Bay Exploration Area located near Galveston, Texas. This completes the lease acquisition phase in this area. Harvest and its partners now control a major position in the Bay prospective area containing 13 identified leads in the regionally prolific Frio and [...]

Oil prices jumped past $145 a barrel for the first time, as traders added to their bets on the commodity ahead of the long holiday weekend.
There was little good news for Americans hitting the road for the July Fourth holiday, as gas prices set their own record near $4.10 a gallon.
Light, sweet crude for August [...]

The U.S. Supreme Court rejected an attempt by victims of a deadly refinery explosion to block a plea deal between BP PLC and prosecutors.
The Supreme Court’s action means a federal judge in Houston can now decide whether to give final approval to the much criticized plea deal, which settles criminal conduct by the London-based oil [...]