Drilling

Momma, put those drills in the ground, and unleash the U.S. energy producer--assuming they have the stomach to do it! The UPI and Dan Graeber reported that, “U.S. presidential remarks about Alaska and senate measures on offshore drilling may point to an executive action on oil and gas, authorities on the matter said. "We're going to take care of Alaska too," President Donald Trump told Sen. Lisa Murkowski, R-Alaska, during remarks on the signing of an executive order on national lands. "Don't “worry about it."
Oil prices recovered some lost ground on Monday after big losses last week, driven by expectations that OPEC will extend output cuts till the end of 2017, although a rise in U.S. drilling capped gains.
International Lithium and Pioneer Resources announce the completion of drilling at the Mavis Lithium Project.
Balmoral Resources has announced a "rapid increase in the width of the Bug South gold deposit," leading one analyst following the Canadian exploration and development company to increase his target price.
Nemaska Lithium has expanded the drill program at its Whabouchi lithium project following discovery of a new lithium-bearing zone, leading analyst David Talbot of Dundee Capital Markets to reiterate the investment thesis for Dundee's top lithium pick.
Oilfield services, shipbuilders and other industries that rose with the pre-2014 oil price boom have had it hard. Since barrel rates fell, their previous patrons have become uninterested in doling out major purchase orders, leaving oil and gas equipment manufacturers without revenues.

Industrial production recorded its biggest drop in more than two-and-a-half years in March, weighed down by a decline in

Yesterday on March 25, Pasinex Resources Ltd. disclosed the assay results of 8 drill holes from the Pinargozu Project, which is a 50/50 joint venture with the well-experienced mining company, Akmetal AS, a private company in Turkey. Yesterday’s drill assays are the best results Pasinex reported to date.
Oil took its first weekly decline in a month as a result of the increasing global glut.