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GEMZ News and Press, Gemxx Corp

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Company Name: Gemxx Corp
Stock Symbol: GEMZ
Market: OTC
Website: gemxx.com/

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GEMZ - Solid GDP Data Causes Gold to Lose Some Gains

2025-09-29 09:05:00 ET Gold retreated slightly on Thursday after revised data on the GDP of the U.S. for Q2 revealed the economy was more solid than had initially been reported. The report published shows that U.S. GDP exhibited 3.8% growth year-on-year for Q2 of this year, which was hi...

GEMZ - IEA Flags Energy Security Risk as Production Drops at Existing Oil, Gas Fields

2025-09-23 10:05:00 ET A new report released by the International Energy Agency shows that if current oil production levels aren’t maintained, the world could face heightened energy security risks. The agency determined that the rate at which outputs of oil and gas fields were re...

GEMZ - As US Pressure Mounts, the EU Considers a Faster Exit to Russian Oil

2025-09-15 09:05:00 ET A couple of days ago, we reported that the EU was standing ground on its plans to quit importing Russian energy products at the start of 2028. However, as U.S. pressure mounts to de-finance Russia’s war machine, the EU is considering expediting its timeli...

GEMZ - Spending Cuts, Job Losses Put US Oil Production Increases at Risk

2025-09-12 10:05:00 ET Thousands of workers in the American oil industry have lost their jobs as the industry works to reduce its expenditure due to dropping oil prices. This comes as OPEC and its allies strive to increase production to grow their market share which was previously lost ...

GEMZ - EU Chief Says the Bloc Plans to Exit Russian Oil by 2028

2025-09-10 10:05:00 ET European Union officials are standing behind the 2028 deadline set for eliminating energy imports from Russia even as the Trump administration calls for immediate action against the Russian economy to undermine its war effort in Ukraine. EU energy commissioner...

GEMZ - UK Tories Vow to Extract All North Sea Oil and Gas

2025-09-04 10:05:00 ET Conservative party leader Kemi Badenoch stated recently that the party would eliminate net zero requirements on gas and oil firms operating in the North Sea if her party wins the next election. The party plans to focus entirely on maximizing extraction of the ...

GEMZ - M&A Deals in the Oil and Gas Sector are Slowing Down

2025-09-02 09:05:00 ET Rystad Energy, an energy consultancy firm, recently published a report that indicates M&A deal-making in the oil and gas industry has dampened when compared to the first six months of last year. Donald Trump’s policies and other macroeconomic uncertaint...

GEMZ - Gold Jumps as Powell Hints at September Rate Cut Possibility

2025-08-26 10:05:00 ET The price of gold has increased significantly since the Chair of the Federal Reserve Jerome Powell hinted at an upcoming shift in U.S. monetary policy. While giving his speech at the recent Federal Reserve Central Bank symposium, Powell highlighted that economic growt...

GEMZ - Gold Edges Up as US Inflation Data Boosts Rate Cut Expectations

2025-08-15 10:05:00 ET The price of gold increased earlier this week after the latest inflation data reinforced expectations of the Fed reducing rates of interest. Spot gold saw its price hit $3,347.34 per ounce, representing a .1% increase. For now, gold traders are assured that no...

GEMZ - BP Announces a Major Oil Discovery in Brazil

2025-08-07 10:05:00 ET Earlier this week, British Petroleum (BP) announced that it had made a resource discovery that eclipsed any they have made in over two decades. These last few years have seen the multinational oil and gas firm shift its focus back to fossil fuels after faili...

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