ReconAfrica Energy Africa has successfully flowed natural gas and potential liquids from the second Huttenberg zone at its Kavango West 1X well, completing vertical testing and preparing for a horizontal open-hole test. The flow occurred immediately upon perforation, confirming hydrocarbons in two of six zones tested. The company has procured additional equipment to measure flow rates accurately and plans to drill up to 1,000 meters horizontally in the Huttenberg formation. These results reduce exploration risk and open potential for more discoveries across the block and nearby acreage in Angola.
Total Graphite PLC has appointed Lycopodium Minerals Africa to review and update the feasibility study for its Montepuez graphite project in Mozambique. The project, permitted to produce 100,000 tonnes annually, will be developed in two stages with a...
Active Energy Group PLC is advancing from proving its power-backed infrastructure model in the UAE to scaling up developments targeting up to 100 megawatts. After establishing initial capability, the company is now focusing on securing larger project...
CleanSpark produced 593 Bitcoin in August 2026 with an average operating hashrate of 38.3 EH/s, benefiting from higher Bitcoin prices that boosted mining revenue. The company sold 821 BTC during the month, exceeding production by 228 BTC, which reduc...
Bitcoin briefly fell to $77,600 during early trading on Tuesday, its lowest since early September, due to escalating military tensions in the Middle East. The cryptocurrency recovered above $78,000 as energy prices surged, with Brent crude nearing $1...
Altria reported mixed Q2 results but raised the lower end of its full-year 2026 EPS guidance and announced a dividend increase, maintaining a high 6.45% yield. The company also signed a new manufacturing agreement with Philip Morris to optimize produ...
