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Xstrata to expand Canadian operations

After reporting strong profits for the half year ending 30 June, Swiss-based mining group Xstrata intends to expand its Canadian operations.

World first for Shell in Australia

Royal Dutch Shell has decided to go ahead with its Prelude floating liquefied natural gas (FLNG) project in Australia, which will see it build the world's first FLNG facility.

Premium Transmission divests automotive gear division

Premium Transmission Ltd, part of the Karan Thapar Group, has divested its automotive gear manufacturing division to Indsur Global Limited.

Indian oil exporter ONGC expanding into Kazakhstan

Oil and Natural Gas Corporation (ONGC), India’s biggest oil exporter, has announced that it will buy ConocoPhillips’s 8.4 percent stake in Kazakhstan’s Kashagan project.

Karma Gerken Nordiska

Eldorado Gold

Based in Vancouver, Eldorado Gold presents itself as a low-cost gold producer with a vision to create a long-term, profitable business with healthy margins using a disciplined a

Sonatrach to make $60 billion investment

Algeria’s state-run energy company, Sonatrach, plans to invest around $60 billion in boosting the country’s hydrocarbon production, according to the news agency APS.

China dangles a financial carrot in front of foreign investors

In a bid to spur a fresh wave of economic growth in the country, China has announced that it will give foreign investors more access to its financial markets.

Archer to acquire Great White Energy

Bermuda-based oil services company Archer Limited is to acquire Great White Energy Services for $742 million, it was announced today.

Tullow OilÔÇÖs Kenyan operations give it cause to smile

Africa-focused company Tullow Oil has announced that it has found oil at one of its north Kenya operations

North American Palladium Ltd.

When the global economic crisis took hold, the price of palladium plummeted, leaving newly arrived president and CEO Bill Biggar with a tough decision regarding the fate of Nort

Bannerman provides Epangelo update

Australia’s Bannerman Resources has announced an update on its discussions with Namibian state-owned mining company Epangelo Mining Company.

Eskom IDM

At times, South Africa’s electricity suppliers can no longer meet demand; so until supply once again catches up, the emphasis is on reducing demand.