LONDON (Alliance News) - InfraStrata PLC Tuesday said its pretax loss narrowed in its first half as administrative expenses dropped at the company. The petroleum exploration and gas storage company, with operations in the UK, said its pretax loss narrowed to GBP723,970 for the six months en
Read moreLONDON (Alliance News) - InfraStrata PLC Monday said it has made an agreement that will see it work with Carstone Exploration Ltd to identify early stage opportunities and seek to grow an exploration portfolio in line with its investment strategy aimed at high impact exploration opportunities.
Read moreLONDON (Alliance News) - UK Chancellor George Osborne again pledged to stick with the government's policy track Tuesday, as new figures showed the economy expanded at the fastest rate since the financial crisis last year but has still not fully recovered from the recession.
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LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
Carnival, up 3.1%. Numis has upgraded Carnival to Buy from Hold, increasing its target pr
InfraStrata's shares tumbled after saying BP Gas Marketing Limited (BPGM) had decided to relinquish its option to buy a 50 per cent stake in the oil and gas storage company. BPGM's decision followed a review of its European gas assets portfolio which determined that further investment in InfraStrat
Read moreLONDON (Alliance News) - Infrastrata PLC Tuesday said BP Gas Marketing Ltd has decided to relinquish its option to acquire 50.495% of the shares of Islandmagee Storage Ltd. The petroleum exploration and gas storage company, with operations in the UK, said BP Gas Marketing, a subsidiary of U
Read moreLONDON (Alliance News) - Infrastrata PLC Tuesday said it is developing operations towards production at its P1918 licence and PL1/10 exploration well. The petroleum exploration and gas storage company, with operations in the UK, said plans are progressing towards commencement of site constr
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