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13 May 2014 15:45

New World Oil signs agreement for Al-Maraam

New World Oil and Gas, the AIM-quoted oil and gas company, on Tuesday confirmed it had signed a sale purchase agreement (SPA) with the shareholders of Al-Maraam Al-Ahliya Company for General Trading and Contracting. Under the SPA, New World will become a 49% shareholder and hold a 60% economic int

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8 May 2014 13:30

UK MIDDAY BRIEFING: Centrica Warns, Barclays Restructures

LONDON (Alliance News) - British gas parent Centrica has issued a profit warning Thursday, blaming the extreme winter weather in the US but mild conditions in the UK, as well as the intense pressure that's been put on energy providers in the UK in recent months by politicians

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8 May 2014 12:23

UK WINNERS & LOSERS: Standard Chartered, Barclays Lead FTSE 100 Risers

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
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Barclays, up 4.9%. Barclays has detailed plans to shrink its investment bank with a new round

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8 May 2014 10:04

New World Oil & Gas Moves Closer To Niel Petroleum Investment

LONDON (Alliance News) - New World Oil & Gas Thursday said it has moved a step closer to completing its deal with Niel Petroleum SA, whereby Niel Petroleum plans to invest USD25 million in New World. The company said Kuwaiti businessman Muaaz Alfahaid, representing Al Maram Trading & Contra

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4 Mar 2014 13:31

New World Oil And Gas Has Not Yet Received Niel Petroleum Payment

LONDON (Alliance News) - New World Oil and Gas PLC Tuesday said it has yet to receive USD20.2 million in subscription payments from Niel Petroleum SA. The oil and gas exploration and development company, with operations on Belize and Denmark, said that the balance of agreed subscription fun

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6 Feb 2014 14:07

Sao Tome shortlists four companies in oil block licensing round

SAO TOME, Feb 6 (Reuters) - The government of Sao Tome and Principe has short-listed four companies, including Portugal's Galp Energia, to bid on two oil blocks in its exclusive economic zone, according to a statement released by the state oil company ANP. The tiny Central African island na

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22 Jan 2014 17:14

New World Oil&Gas receives initial funds from Niel Petroleum

Oil exploration outfit New World Oil&Gas notified shareholders that Niel Petroleum had disbursed 4.8m US dollars as part of its agreement to subscribe a total of $25m in new shares to help the company finance the acquisition of near-term production or oil and gas projects already in production. Sa

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20 Nov 2013 17:39

MARKET COMMENT: UK Stocks Close Mixed, Markets Await FOMC Minutes

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20 Nov 2013 12:05

UK WINNERS & LOSERS: Aberdeen Gains Some More, Barclays Likes Barratt

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20 Nov 2013 10:11

STOCKS NEWS EUROPE-UK's AIM small caps index outperforms

The FTSE AIM All Share small caps index edges up to outperform falls on other UK equity indexes. The AIM index is up by 0.1 percent, outperforming declines of 0.1 percent fall on both the blue-chip FTSE 100 index and the FTSE 250 mid-cap index . ServicePower Technologies, a company de

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20 Nov 2013 09:23

New World Oil & Gas Says Continuing To Work On 75% Share Subscription

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29 Oct 2013 12:21

UK WINNERS & LOSERS: Housebuilders Doing Well After Liberum Upgrades

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29 Oct 2013 11:52

New World Oil & Gas Receives Key Renewal Approval At Blue Creek In Belize, Shares Fall 9%

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1 Oct 2013 07:18

New World Oil And Gas Secures Eight-Month Extension At Southern Denmark Project

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19 Sep 2013 13:17

New World Oil & Gas highlights ongoing farm-out discussions

Belize and Denmark-focused exploration and development company New World Oil and Gas on Thursday unveiled interim losses of -9.49m dollars, well ahead of the -1.4m dollars seen for the comparable period of 2012. The majority of those were the result of the write-downs incurred as a result of the d

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