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11 Feb 2014 08:32

UK MORNING BRIEFING: Shares Open Higher But Barclays Down On Results

LONDON (Alliance News) - UK shares have opened higher Tuesday ahead of the testimony later in the day by new US Federal Reserve Chair Janet Yellen.

Barclays has said it is in a position to increase its leverage ratio target, despite a loss in its final quarter. Bar

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4 Feb 2014 12:14

Two New Fracking Sites In Lancashire Announced By Cuadrilla Resources

LONDON (Alliance News) - Energy firm Cuadrilla Resources Ltd has announced two new UK shale gas exploration sites in Lancashire. Staffordshire-based Cuadrilla said Tuesday it is consulting local residents on its plans and will now apply for planning permission to drill and frack at sites at

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4 Feb 2014 10:23

Total Completes Deal To Start Fracking In Nottinghamshire, Yorkshire

LONDON (Alliance News) - Igas Energy PLC and Egdon Resources PLC Tuesday said they have completed their sale of interests in the UK licences PEDL139 and PEDL140 to Total E&P UK Ltd, part of France's Total SA. The onshore exploration and development oil and gas companies said that all of the

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30 Jan 2014 13:54

UK MIDDAY BRIEFING: Equity Markets Turn Lower Again

LONDON (Alliance News) - Global equity markets have turned lower once again Thursday after the Federal Reserve cut its massive monthly bond-buying by a further USD10 billion late Wednesday, taking it down to USD65 billion, from USD85 billion in November.

Equity markets had risen in

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30 Jan 2014 13:30

Egdon Resources agrees deal with Total SA

Oil and gas group Egdon Resources announced the signing of an opt-in agreement with Total E&P UK, a subsidiary of French oil group Total SA, over the UK onshore petroleum exploration and development licence PEDL209 in Lincolnshire. The agreement, signed in partnership with Blackland Park Explorati

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30 Jan 2014 11:41

UK WINNERS & LOSERS: Serco Plummets On Profit Warning

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.

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FTSE 100 - WINNERS

British Sky Broadcasting Group, up 3.1%. BSkyB has raised its dividend

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30 Jan 2014 11:06

Egdon Sells Interest In Another UK Exploration Licence To Total

LONDON (Alliance News) - Egdon Resources PLC and its partners Thursday announced an opt-in agreement with Total E&P UK Ltd for its UK exploration and development licence PEDL209 in Lincolnshire. The onshore hydrocarbon exploration and development company said that under the terms, the subsi

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15 Jan 2014 12:41

UK MIDDAY BRIEFING: UK Companies Start To Feel Sterling Pinch

LONDON (Alliance News) - UK companies Wednesday started to warn that they are facing a profit hit from the gains sterling has made over the last six months, as revenues they bring back from sales overseas are worth less when translated into pounds. Luxury fashion house Burberry Group, polym

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15 Jan 2014 11:11

UK WINNERS & LOSERS: Burberry Leads FTSE 100; Centrica, SSE Hit By Downgrade

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday. ------- FTSE 100 - WINNERS Burberry Group, up 5.2%. The luxury fashion retailer has reported that its retail revenue rose 14% in the third quarter, w

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15 Jan 2014 10:43

UK Oil & Gas To Buy 10% Interests In Eakring-Dukes Wood And Kirklington Oil Fields

LONDON (Alliance News) - UK Oil & Gas Investments PLC Wednesday said it plans to buy Angus Energy Eakring Development Limited and Angus Energy Kirklington Development Limited for GBP290,000 as it seeks to expand its interest in UK oil fields. Earking and Kirlington own 10% interests in onsh

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13 Jan 2014 16:39

Europa Oil & Gas says UK oilfield may hold shale gas

Europa Oil & Gas has won extra time for an oil exploration project in the UK's East Midlands that could hold shale gas. Europa, which has operations off the coast of Ireland and onshore activities in France and the UK, said Britain's Department of Energy & Climate Change had extended its phase one

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13 Jan 2014 09:20

Total farms into IGas joint-venture, supporting valuation

French petrochemicals major Total has announced its decision to 'farm-in' into two shale gas exploration licenses in the UK Midlands currently operated by eCORP of the US, giving a boost to the government's efforts to recreate a US-Style boom in the sector. That is the third transaction recently

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6 Nov 2013 10:42

Egdon Resources Pretax Loss Narrows On Production Increase

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17 Oct 2013 10:46

Egdon Resources Acquires Key Seismic Study In Dorset

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2 Oct 2013 09:36

Egdon Resources Starts Production At Waddock Cross Oil Field In Dorset

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