(ShareCast News) - Getech, which provides data, studies and services to the oil, gas and mining exploration sectors, surged after saying it expects pre-tax profit for the year to double. The company said results for the year to 31 July should show a very significant improvement year-on-year, with pr
Read moreA profit warning from blue-chip oilfield services group Petrofac rattled the oil services, equipment and distribution sector in London on Monday, with stocks falling by an average 10%. There was nervousness ahead of a pivotal meeting of the Organization of Petroleum Exporting Countries (OPEC) on Thu
Read moreJohn Chatfeild-Roberts, the chief investment officer of Jupiter Fund Management, has trousered a tidy £2.29m after selling shares in an options deal a few weeks after they recovered from 12-month lows. Chatfeild-Roberts, who heads the Merlin multi-manager team and has been at Jupiter since 2001, sol
Read moreGetech, the oil services business specialising in the provision of exploration data and petroleum systems evaluations, on Tuesday reported a drop in annual pre-tax profit as revenue fell. Profit before tax fell to £1m from 2013's £2.2m, as revenue declined to £6.5m from £8m the prior year. Earnin
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