News Oil & Gas

Scirocco expects to sell Ruvuma interest during Q1 2023

Scirocco Energy plc said it now expected to sell during the first quarter of 2023 its 25% share of the Ruvuma gas asset in Tanzania. CLEARANCE The company agreed to sell its asset to ARA Petroleum Tanzania (APT), with a view to completing the transaction during December 2022. Scirocco today said that the Tanzanian fair […]

Metals & Minerals News

Power Metal fails to find economic nickel at Haneti

Power Metal Resources plc said that drilling results had failed to show economically significant intersections of nickel at Haneti in central Tanzania. LITHIUM The company now plans advanced targeting and re-engagement with potential partners. The joint venture, between Power Metal (35%) and operator Kotoro Gold (65%), includes the new Babayu lithium prospect, 40km southwest of Haneti. In […]

Company Moves News Oil & Gas

Helium One appoints Nigel Friend as NED

Helium One Global Ltd has appointed Nigel Friend to the board as a non-executive director with immediate effect.  Mr Friend has more than 35 years’ experience in the oil and gas industry and corporate finance. Over his career he has developed extensive expertise in successfully growing companies through a clear focus on cash generation.  As […]