Energy Company News Directory

Forbes and Manhattan Coal to Change Name to Buffalo Coal Corp.

Forbes & Manhattan Coal Corp. (TSX:FMC,JSE:FMC) reported that shareholders voted in favour of all items of business brought before them at Forbes' Annual General and Special Meeting of Shareholders held on June 27, 2014. Additionally, shareholders of Forbes Coal approved a change of the company's name to "Buffalo Coal Corp.", subject to Toronto Stock Exchange Approval.

Japan’s Sojitz Interested in Australian Coal Mine

Reuters reported today that a Japanese trading firm, Sojitz Corp. (FWB:XEB) is in conversation with a coal developer in Australia with plans to buy a mid-sized asset. Currently, the trading house owns the Minerva mine in Queensland, but this is set to reach end of life in 2019, according to Reuters.

Russia’s Rosneft Makes Major Oil Deal with BP

The CEO of Rosneft (LSE:ROSN) may be under sanctions, but that hasn't stopped BP (NYSE:BP) from making a major oil supply deal with the Russia based company, Reuters reported today. Rosneft stands to receive about $1.5 billion in pre-payments from the deal, which follows a previous shale exploration deal between the two companies, according to Reuters.

Aldrin Resource Announces First Uranium Mineralization Results

Aldrin Resource Corp. (TSXV:ALN) announced laboratory analytical results for uranium mineralization from the first two drill holes testing the Anticline Target on the Triple M Uranium Property, located adjacent to Fission Uranium Corp's Patterson Lake discovery. The first drill hole into the Anticline Target (ALN14-008) intersected high-count radiation zones as measured by both the down-hole gamma logger, and handheld spectrometers, as detailed in Aldrin news releases dated May 29 and June 19, 2014. Analytical results from ALN14-008 and the second hole into the Anticline Target (ALN14-009) include strong uranium mineralization over significant intervals.

Stria Lithium Announces Development of Proprietary Processing Technologies, Summer Drill Program

Stria Lithium Inc. (TXSV:SRA) reported that it has commenced its summer 2014 exploration drilling program at its Willcox brine lithium project in Arizona. Stria wholly owns the Willcox brine property as well as the Pontax spodumene lithium project which are both located in the James Bay region of Northern Quebec. Currently, Stria is developing two distinct, environmentally sustainable processing technologies for both projects.

Alpha Exploration: Technical Report Filed For Carpenter Lake

Alpha Exploration Inc. (TSXV:AEX) reported that Noka Resources Inc. (TSXV:NX,FWB: 2NK) has informed Alpha that it has filed a technical report with the title “Technical Report on the Carpenter Lake Property, Northern Saskatchewan” dated June 13, 2014. The report was prepared by Allan Armitage, Ph.D., P.Geol., of Geovector Management Inc.