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Iran can sink US ships with ‘new secret weapons’, senior military official warns

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Iran is prepared to deploy ‘secret weapons’ against American warships, a military official in Tehran said, after the Pentagon sent three destroyers to the Persian Gulf amid a wave of increased tensions between the two states. Without mincing words, General Morteza Qorbani, an adviser to Iran’s military command, cautioned that should Washington “commit the slightest Read More

Terra Nova to Exhibit at APPEA 2019 Conference

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TORONTO, May 24, 2019 (GLOBE NEWSWIRE) — Terra Nova Resources Inc. (“TNR” or “the Company”) (CSE: TENO) is pleased to announce that it will participate in the 2019 Australian Petroleum Production & Exploration Association (APPEA) Conference as an exhibitor in Brisbane, Australia, between May 27 to 30, 2019. The APPEA Oil and Gas Conference and Read More

Trump sparks oil rally with Iran spat

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By Grant Smith on 5/24/2019 Photo: U.S. President Donald Trump. LONDON (Bloomberg) — Just over a week ago, crude prices were surging as attacks on Saudi Arabia’s oil tankers and pipeline network spurred fears that the Middle East was on the brink of military confrontation. In the past two days, however, oil has suffered its Read More

Shell Midstream Partners, L.P. Announces Proteus and Endymion Transports First Oil from Shell-operated Appomattox in the Gulf of Mexico

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Houston, May 24, 2019 (GLOBE NEWSWIRE) — Shell Midstream Partners, L.P. (NYSE: SHLX) announced today that the systems owned by Proteus Oil Pipeline Company LLC (“Proteus”) and Endymion Oil Pipeline Company LLC (“Endymion”) increased volumes of crude oil from the startup of the Shell-operated Appomattox floating production system via the newly commissioned Mattox Pipeline (“Mattox”), Read More

SeaBird Exploration: signing of agreements to acquire vessels, private placement becomes unconditional

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24 May 2019, Limassol, Cyprus NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Read More

U.S. Well Services Finalizes $55 Million Sale of Convertible Preferred Stock to Fund Electric Frac Fleet Expansion

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HOUSTON, May 24, 2019 (GLOBE NEWSWIRE) — U.S. Well Services, Inc. (Nasdaq: USWS) today announced that it had finalized the $55 Million sale of newly issued Convertible Preferred Stock (or “Preferred Stock”) through a private placement with institutional investors. The financing provides further liquidity to help the Company fund ongoing growth initiatives in connection with Read More

Light PBOC touch makes once unlikely yuan at 7/$ seem possible

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SHANGHAI (Reuters) – As China’s yuan slips to historically weak levels against the dollar, the central bank’s atypical light touch is spurring speculation that policymakers want to be more judicious in their intervention and have no specific target for the currency. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, Read More

Exploration well completed on the Vinstra and Otta prospects in the North Sea

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Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed exploration well 3/7-11 S, targeting the Vinstra and Otta prospects in PL539 in the North Sea. Both targets were dry. The main objective of the well was to test the reservoir properties and hydrocarbon potential of the Middle Jurassic Read More

Falcon Oil & Gas Ltd.: Filing of Interim Financial Statements

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FALCON OIL & GAS LTD.(“Falcon” or the “Company”) Filing of Interim Financial Statements 24 May 2019 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG, Euronext Growth: FAC) announces that it has filed its Interim Financial Statements for the three months ended 31 March 2019 and the accompanying Management’s Discussion and Analysis (“MD&A”). The Read More