Saturday, November 23, 2024

Kurdish, Iranian Officials in Talks to Transfer up to 250,000 BOPD of Kurdish Oil to Iran

From Aljazeera Erbil –  Iran and the Kurdistan Regional Government (KRG) have hammered out the technical details of a plan to build a pipeline that could transfer as much as 250,000 barrels a day of Kurdish oil to Iran, but signing off the deal has yet to happen, according to Kurdish officials. “We [the KRG and Iran] have an understanding on

Germany Will Ban Fracing Indefinitely

From Reuters Germany’s coalition government agreed to ban fracking for shale gas indefinitely on Tuesday, after years of fractious talks over the issue, but environmental groups said the ban did not go far enough and vowed to fight the deal. Test drilling will be allowed but only with the permission of the respective state government, officials said. German industry is

Bankers Petroleum Announces Investment Canada Act Approval of Sale to China’s Geo-Jade

CALGARY, June 22, 2016 /CNW/ – Bankers Petroleum Ltd. (“Bankers” or the “Company”) (TSX: BNK, AIM: BNK) is pleased to announce that the proposed plan of arrangement (the “Arrangement”) with affiliates of Geo-Jade Petroleum Corporation (“Geo-Jade”) has received Ministerial approval under the Investment Canada Act.  Pursuant to the Arrangement, Geo-Jade will acquire all the issued and outstanding common shares of