09 Dec
Commodities: Prices bounce as OPEC+ cuts output, US dollar dips

Commodity prices rebounded at the end of the week, as the US dollar slipped following the release of a weaker-than-expected reading on US non-farm payrolls for the month of November and after the Organisation of Petroleum Exporting Countries and its allies announced that they had decided to cut their supplies.

07 Dec
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Sound Energy drops after kick-starting Morocco well-drilling

Sound Energy dropped on Friday after it expressed little optimism as it commenced the drilling of the TE-10 well at its Tendrara project in eastern Morocco.

06 Dec
Commodities: Brent drops on lack of OPEC announcement, amid wave of risk aversion

Energy futures dragged on the entire complex after the Organisation of Petroleum Exporting Countries's ministerial meeting adjourned without a formal announcement to cut its combined output, pending a decision by Moscow.

06 Dec
Strategic Minerals boosted by Australian copper mineralisation

Strategic Minerals’ shares surged on Thursday after intersecting “significant” copper mineralisation at its Leigh Creek Copper Mine (LCCM) project in South Australia.

06 Dec
Oil price under pressure ahead of crucial Opec meeting

Oil prices slipped on Thursday as comments emerged from the fringes of the meeting of Opec oil-producing nations in Vienna on Thursday.

05 Dec
Commodities: Brent futures dip ahead of OPEC+ meeting

The energy space was in focus on Wednesday, ahead of the ministerial meeting of Organisation of Petroleum Exporting Countries and its allies scheduled for the following session.

05 Dec
oil rig workers drilling offshore
Eco Atlantic Oil & Gas to commence drilling offshore Guyana in 2019

Eco Atlantic Oil & Gas confirmed on Wednesday that it will drill its first Guyanese exploration well at the Jethro-Lobe offshore prospect as part of its 2019 programme.

05 Dec
Nighthawk Energy nodding donkey, oil & gas
Markets gear up for Opec cut ahead of 'make-or-break' meeting with Russia

Opec is expected to cut production by more than 1m barrels per day when it meets in Vienna on Thursday, providing some respite for under-pressure oil prices.

04 Dec
Commodities: All OPEC+ members must join in oil output cut, Saudi says

Commodity futures were higher on Tuesday, helped by gains for natural gas, precious metals and select agricultural contracts, but oil gave up earlier gains.

04 Dec
Palladium price hits record high and gets within $10 of gold

Palladium prices are hitting record highs and could reach parity with gold, in a market considered to be in an annual supply/demand deficit, according to analysts.

04 Dec
French government suspends fuel-tax hike after yellow vest riots

The French Prime Minister Edouard Philippe announced on Tuesday that a proposed fuel tax hike would be suspended after fierce protests around the country against the government's economic reforms.

03 Dec
opec meeting
Oil prices spike as Qatar drops out of Opec, rumours of production cut

Qatar plans to pull out of the Organization of the Petroleum Exporting Countries (OPEC) in January, the country's energy minister warned on Monday.

03 Dec
Royal Dutch Shell, oil & gas, petrol
Shell to implement climate targets after investor approval

Royal Dutch Shell plans to set short-term climate targets as part of a long-term ambition to reduce the net carbon footprint of its energy products.

03 Dec
Governments to discuss attempts to cut emissions at UN climate change summit

Governments from around the world will discuss tangible ways of tackling C02 emissions and avoid catastrophic global warming at the UN climate change summit beginning on Monday.

29 Nov
mining polymetal
Altona Energy suspends Westfield operations and appoints new chairman

Altona Energy’s shares dropped on Thursday after activities were temporarily halted at a project in Australia and the company’s chairman was replaced.

28 Nov
Arc Minerals interesects 'encouraging' copper mineralisation in Zambia

Arc Minerals confirmed on Wednesday that it has intersected "significant" copper mineralisation at the Kalaba Cobalt-Copper project in the Zambia copper belt.

28 Nov
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US weekly oil stockpiles build more quickly than expected

US crude oil stockpiles jumped last week, easily surpassing analysts' forecasts.

28 Nov
Putin calls on US to abandon 'unilateral sanctions', says $60 oil 'acceptable'

Russian President Vladimir Putin called on the US to abandon its policy of unilateral sanctions and to instead seek common ground.

28 Nov
offshore north sea oil drilling premier oil
Cluff Natural Resources leaps on new exclusivity agreement

Cluff Natural Resources (CLNR) jumped on Wednesday after it signed an exclusivity agreement with a major international oil and gas company for a definitive farm-out agreement.

28 Nov
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Jadestone Energy swings to profit as revenue surges

Jadestone Energy swung to a pretax profit during the third quarter after the oil and gas developer's revenue leapt.