Glen Rose Petroleum Corporation (Nasdaq:GLRP - News), Dallas, Texas, reports that on January 7, 2010, it was notified via letter from NASDAQ that it was in violation of NASDAQ Marketplace Rule 5505 in that its bid price was below the required listing standard and that its securities will be delisted from NASDAQ on January 18, [...]
HOUSTON–(BUSINESS WIRE)–BPZ Resources, Inc. (NYSE Amex:BPZ) announced today that it entered into definitive agreements to sell 18.8 million shares of its common stock at $4.66 per share in a registered direct offering. The transaction is expected to close on or about June 30, 2009, subject to customary closing conditions.
BPZ Resources intends to use the net [...]
Gran Tierra Energy Inc. (NYSE Amex: GTE, TSX: GTE), a company focused on oil exploration and production in South America, today announced that it has temporarily reduced production operations in the Putumayo basin in southern Colombia in response to a recent disruption to the Ecopetrol-operated Trans Andean Pipeline west of Orito.
“Since the onset of the [...]
ConocoPhillips (NYSE: COP - News), JSC National Company KazMunayGas (KMG) and Mubadala Development Company PJSC (Mubadala) today announced that they have signed project agreements allowing the joint exploration and development of the Nursultan Block (N Block) located in offshore Kazakhstan.
KMG as majority owner will hold a 51 percent interest in the subsoil use contract and [...]
Endeavour International Corporation (NYSE-Amex: END) (LSE: ENDV - News) will participate in The London Oil and Gas Conference hosted by Enercom, Inc. on Thursday, June 18, 2009.
William L. Transier, chairman, chief executive officer and president, is scheduled to speak on the company’s business strategies and operational plans at 10:35 a.m. British Summer Time, 5:35 a.m. [...]
BANGKOK (Dow Jones)–U.S.-based oil giant Chevron Corp. (CVX) plans to move ahead with investments in South Asia amid an expected strong economic recovery in the overall region.
“Asia will have the quickest recovery to feed future demand growth. We have strategic locations in Asia to support growth in the long term,” Joe Geagea, managing director [...]
The outer continental shelf that stretches along the East Coast and is believed to contain billions of gal lons of oil will play a key role in President Obama’s new energy plan, but whether it should supply petroleum, wind power or some other alternative energy source was hotly debated yesterday at a federal hearing in [...]
BY ALEX MILLS
A few market indicators point to a firmness in the price of crude oil and natural gas.
One of the largest factors is the U.S. economy. Even though unemployment has declined over the past year, it appears to have hit bottom. U.S. home sales register a comeback in December, registering the largest monthly increase [...]
More Than 80,000 Acres of Catfish Ponds Could Be Converted to Algae Farm Systems With a Potential Production Rate of 160 Million Gallons of Algal Oil Annually
SCOTTSDALE, AZ–(MARKET WIRE)–Nov 14, 2008 — PetroSun, Inc. (Other OTC:PSUD.PK - News) announced today that PetroSun BioFuels, a wholly-owned subsidiary, and Biomass Partners presented an Aquaculture Algae to Algal [...]
WASHINGTON, Nov 10 (Reuters) - The World Bank’s International Finance Corp said on Monday it will lend $15 million to oil and gas exploration company BPZ Resources BZP.A and help raise $200 million from commercial banks for its Peruvian operations amid tight global credit markets.
IFC, the World Bank’s private sector lender, said the loans [...]
