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Afren expands into Tanzania

Africa-focused oil and gas firm Afren has acquired a 74% interest in the offshore Tanga Block project in Tanzania, representing the group's first entr...

Thursday tips round-up: Renishaw, RSA, Cookson

Niche engineer Renishaw's halfway statement to January 26 yesterday was full of superlatives. First-half revenues were 26% higher than their previous ...

FTSE 250 movers: Renishaw up. Heritage down

Renishaw surged by almost a fifth on Wednesday after the precision engineer posted a sharp rise in half year pre-tax profit and upped its dividend fol...

Broker tips: Heritage Oil, Afren, WH Smith

Financial services firm Matrix has placed Heritage Oil's rating 'under review' after test results from the Miran West-2 well discovered large quantiti...

Broker snap: Production 'shockingly weak' at Afren

Broker finnCap has kept its 'sell' rating on Afren after the Africa-focused oil group reported "shockingly weak production numbers" which demonstrate ...

Afren on track for production surge

Africa-focused oil group Afren's net production averaged approximately 14,320 barrels daily(boepd) in 2010 and should hit 40,000 boepd in 2011, with a...

London close: FTSE 100 hits 6,000

It was a quiet the markets on the last full day of trading before Christmas, but the top share index's attempt to inch past the 6,000 point mark prove...

London afternoon: Stocks come off the top

Footsie's assault on 6,000 has run out of steam and the blue-chip index is now barely holding on to gains. Mortgage lending fell to a 20-month low in...