Comstock Mining Inc., has announced selected business and unaudited financial results for the quarter ended June 30, 2015. The results shows Mining Revenues of $11.4 million while net Loss went down to $0.2 million from $7.2 YoY. Fiscal Q2 2015 Highlights vs. Same Year-ago Quarter Mining revenues were $11.4 million Costs to mining revenue were $6.9 million for […]
Earnings: Comstock Mining Revenues Down $LODE Read More »
Eni has made an important gas discovery in the Nooros exploration prospect, located in the Abu Madi West license in the Nile Delta, 120 kilometers north-east of Alexandria, Egypt. The new discovery will be put into production in two months’ time through a tie-in to the existing Abu Madi gas treatment plant, located 25 kilometers
News: Eni SPA Discovers Gas in Nile Delta $E Read More »
ExxonMobil signed a memorandum of understanding with the Korea Institute of Energy Technology Evaluation and Planning and the Korea Gas Corporation (KOGAS) to hold discussions concerning natural gas technologies and new energy technologies. The multi-year agreement was signed in the presence of Youngsam Kim, director general of investment policy at the Korea Ministry of Trade
News: Exxon, KOGAS Research Collaboration $XOM Read More »
BHP Billiton expects to recognise an impairment charge of approximately US$2 billion post-tax (or approximately US$2.8 billion pre-tax) against the carrying value of its Onshore US assets as an exceptional item in the 2015 financial year results. The gas focused Hawkville field accounts for the substantial majority of this charge reflecting its geological complexity, product
News: BHP Impairment Charge $BHP Read More »
Suncor Energy, along with its partners in the project, today announced the first radio frequency pilot for oil recovery within an in situ reservoir. The technology, Enhanced Solvent Extraction Incorporating Electromagnetic Heating (ESEIEH, pronounced “easy”), uses radio frequency to heat the reservoir and adds a solvent which facilitates the movement of the bitumen to the
News: Suncor Pilots Radio Frequency Oil Extraction $SU Read More »
