Articles in Commodities

MT Newswires

Poseidon Concepts Falls 55%, Hits Record Low on 45% Drop in Net Income in Q3

Poseidon Concepts (PSN.TO), an energy equipment and services company, is down $7.24 today, to a record low of $5.98. The company yesterday announced its Q3 results. Had quarterly revenue of... Read >>

MT Newswires

Foundation Resources Appoints Interim CEO; Strikes Agreement for Proposed Business Combination with Sheltered Oak

Foundation Resources Inc. (FDN.V) has entered into non-binding letter agreement with Sheltered Oak Resources Corp. (OAK.V) to negotiate a proposed business combination. It is currently... Read >>

MT Newswires

Oil Falls as Economic Data Weaken, Stockpiles Advance: Report

Oil fell for a third time in four days as data showed U.S. economic growth weakened and as oil inventories rose to a three-month high, Bloomberg reported. Prices fell as much as 0.7% as more... Read >>

MT Newswires

Berkwood Resources Announces Gold Mineralization Extended Along Projected Discovery Zone Trend

Berkwood Resources Ltd. (BKR.V) announced that its Summer 2012 field program at the Prospect Valley Gold Property near Merritt, British Columbia, has now been completed. The Prospect Valley... Read >>

MT Newswires

BP In Talks with DoJ, SEC to Settle Criminal Claims Related to Gulf Oil Spill; Agrees to Pay Extra $4.5 Bln; Shares Up Slightly

Bp ( BP ) is up 0.27% to $40.27 in midday trading after it revealed that it is talks with the Department of Justice and Securities and Exchange Commission related to proposed resolutions of all... Read >>

MT Newswires

UPDATE: TAG Oil Provides Second Quarter Results; Shares Down 7.4% at Midday

TAG Oil Ltd. (TAO.TO) today announced its financial results for the quarter ended September 2012. - Production revenue increased 62% to $21.44 million for the six months ended September 30,... Read >>

International Business Times

BP agrees to pay $4.5 billion in penalties for U.S. oil spill

BP Plc will pay $4.5 billion in penalties and plead guilty to felony misconduct in the Deepwater Horizon disaster that caused the worst offshore oil spill in the country's history, the company... Read >>

International Business Times

BP to pay $4.5 billion to U.S. in oil spill plea deal

BP Plc will pay a $4 billion (2.5 billion pounds) penalty and plead guilty to felony misconduct in the Deepwater Horizon disaster that caused the worst offshore oil spill in the country's... Read >>

International Business Times

BP pleads guilty to oil spill felony; to pay extra $4.5 billion

British oil company BP Plc pleaded guilty on Thursday to criminal charges relating to its 2010 oil spill and agreed to pay an extra $4.5 billion on top of the tens of billions it is... Read >>

MT Newswires

Eaglewood Energy Starts PPL 259 Drimgas Seismic Program; Stocks Fall 3%

Eaglewood Energy Inc. (EWD.TO) announced the start of a new 2D seismic survey over Petroleum Prospecting License 259 in Papua New Guinea, in support of selecting a drilling location in 2013. The... Read >>