Central Asia Metals plc said it was on course to meet group guidance and project developments at the Kounrad copper recovery plant in Kazakhstan and zinc-lead mine in North Macedonia. PRODUCTION The company’s figures for the first quarter of 2023 shows production of copper at 3,336 tonnes (Q1 2022: 3,024t). Compared with the same period […]
ESG
Harbour-BP to develop Viking CCS
Harbour Energy plc has agreed with bp to develop the Viking carbon capture storage (CCS) and transportation project close to the Humber region in the southern North Sea. VIKING CCS The company continues as operator holding 60% of the project with bp acquiring a 40% non-operated share. Viking CCS comprises four main components relating to […]
Scotgold rise in revenues offset by increased loss and debt
Scotgold Resources Ltd’s increase in revenues were dented by a rise in pre-tax losses and debt at Cononish gold and silver mine, near Tyndrum in Scotland. FINANCES The company’s interim results for the six months ended 31 December 2022 showed total revenues of A$9.5 million (H1 2022: A$6.4m) Loss before taxation was A$9.5m (H1 2022: […]
Egdon exceeds 390,000 barrels of oil from Wressle
Egdon Resources plc said that production had exceeded 390,000 barrels of oil from the Wressle joint venture (JV) in North Lincolnshire. PARTNERS The JV with interests in PEDL180 and PEDL182 comprises Egdon as operator (30%), Union Jack Oil plc (40%) and Europa Oil & Gas (Holdings) plc (30%). OPERATIONS The production figure was reported to […]
Neptune contributes record $4.8bn GVA
Neptune Energy said it had provided record levels of support for European economies, with additional contributions outside the continent, from its global oil and gas activities. IMPACT The figures, from an economic impact analysis by Oxford Economics and included in Neptune’s annual report, show contributions of $4.8 billion gross value added (GVA) and support for […]
Europa notes lower Inishkea emissions forecast
Europa Oil & Gas (Holdings) plc said an independent study showed lower emissions from development of 1 trillion cubic feet gas on its Irish offshore licence than imported gas. COMPARISONS The Inishkea prospect within FEL 4/19 in the Slyne basin and near the Corrib field is the company’s flagship project in Ireland. The report was […]