China-focused resources firm Fortune Oil has received a formal waiver from the facility agent on behalf of the over two thirds majority of lenders from the Fortune Oil group's medium-term lending syndicate.
[16 Jan '13]There was a sense of déjà vu in yesterday's profit warning and share price fall for temporary power group Aggreko. In late 2009, the company issued a similar alert that turned out to be an ideal buying opportunity for new investors in the shares and The Telegraph´s Questor team thinks yesterday's events present a similar situation. Past performance is no guide to the future but yesterday's 22 per cent share price fall, which wiped about 2bn pounds off the group's stock market
[18 Dec '12]Fortune Oil, the China-focused resources firm, has signed a contract for a gas gathering system to connect its Liulin coal bed methane field in Shanxi Province to an existing wholesale station.
[5 Sep '12]Independent oil and natural gas supply company Fortune Oil earned $4m after Dart Energy increased its equity stake in Fortune's subsidiary Fortune Liulin Gas (FLG) by five percentage points.
[22 Dec '11]Independent oil and natural gas supply company Frontier Oil has today announced an agreement between its subsidiary South China Bluesky Aviation ("Bluesky") and China National Aviation Fuels.
[19 Dec '11]Shares in China-focused oil and gas group Fortune Oil jumped on Friday after the firm said it intends to build a liquefied natural gas (LNG) production plant in Xinyang.
[16 Dec '11]Fashion group Supergroup sells at 17 times this year's earnings. Lifestyle brands such as SuperGroup have done well over the recession and future growth looks assured, but the churl in me finds it hard to see immediate progress for a retailer on this sort of multiple in this market, says Martin Waller of the Times.
[8 Sep '11]A round-up of the biggest director buys today so far.
[15 Jun '11]