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17 Jun 2014 11:48

Range Resources Says New Trinidad Incentives Are Boosting Cash Flow

LONDON (Alliance News) - Range Resources Ltd Tuesday said the newly proposed budget incentives in Trinidad and Tobago for oil and gas companies is expected to have a significant positive impact on the company's cash flow and returns from its ongoing production growth. In a statement Tuesday

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16 Jun 2014 11:54

UK MIDDAY BRIEFING: Mixed News For London's IPO Market

LONDON (Alliance News) - Low-cost airline Wizz Air Holdings Monday pulled its planned initial public offering in London, blaming the recent volatility in airline stocks, but three other companies added themselves to the London IPO pipeline.

Wizz Air is the fourth co

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16 Jun 2014 10:36

Range Resources Production Increases, Boosted By Development Well

LONDON (Alliance News) - Range Resources Ltd Monday said its average Trinidad production has increased by 18% to an average of 630 barrels of oil per day, from the 533 barrels of oil per day it reported back in April. The hydrocarbon exploration firm said the production increase was primari

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16 Jun 2014 09:25

Range Resources boosts Trinidad production

Oil and gas explorer Range Resources has boosted production in Trinidad by 18% and said its reserves on the Caribbean island had also increased. Range said production had increased by 18% from the previously reported 533 barrels of oil per day (bopd) to 630 bopd. The rise was mainly due to excelle

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2 Jun 2014 11:02

UK MIDDAY BRIEFING: Glaxo In Collaboration On Cancer Drugs

LONDON (Alliance News) - GlaxoSmithKline has signed a collaboration and licensing agreement with UK-based biotechnology company Adaptimmune Ltd for its cancer programme, a move that comes just weeks after it agreed to sell its own cancer drug business to Novartis as part of a

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2 Jun 2014 10:39

UK WINNERS & LOSERS: Miners Jump On Upbeat Chinese Data

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.
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FTSE 100 - WINNERS
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Anglo American, up 1.9%, Rio Tinto, up 1.7%, Glencore, up 1.4

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2 Jun 2014 08:41

Range Resources Enters Services Agreement With LandOcean

LONDON (Alliance News) - Range Resources Ltd Monday said it has entered into a services agreement with LandOcean Energy Services Co Ltd, coupled with a financing package of USD50 million. The hydrocarbon exploration firm said that as part of a master services agreement, LandOcean will be th

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2 Jun 2014 08:07

Range Resources signs services deal with LandOcean Energy

Range Resources has signed a deal with LandOcean Energy Services for the latter's services alongside a financing package worth up to $50m. Under the integrated master services agreement (IMSA), LandOcean will act as the preferred services contractor for Range for oilfield services including geosci

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29 May 2014 12:04

UK MIDDAY BRIEFING: Kingfisher Dives As It Misses Forecasts

LONDON (Alliance News) - Home improvement retailer Kingfisher is the biggest decliner on the FTSE 100 Thursday after it warned that it expects tougher trading in the second quarter against stronger comparatives, and said its margins had been hit by discounts in its kitchens an

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29 May 2014 11:34

CORRECT: UK WINNERS & LOSERS: Kingfisher Leads FTSE 100 Fallers

(Item published at 1209 BST and 1218 BST misstated the surname of Aggreko's interim CFO. The correct version follows.) 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 - WIN

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29 May 2014 11:18

CORRECT: UK WINNERS & LOSERS: Kingfisher Leads FTSE 100 Fallers

(An item published at 1209 BST misstated the first name of Aggreko's incoming chief executive. The correct version follows.) 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

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29 May 2014 11:09

UK WINNERS & LOSERS: Kingfisher Leads FTSE 100 Fallers

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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Smith & Nephew, up 4.1%. Shares in the medical technology company have r

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29 May 2014 09:04

Range Resources Receives USD12 Million Share Subscription Payment

LONDON (Alliance News) - Range Resources Ltd Thursday said it has received USD12 million in financing, through a previously announced subscription agreement with Abraham Ltd, a Hong Kong-based private investor. The hydrocarbon exploration firm said that, based on the first tranche of USD6 m

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28 May 2014 09:47

Range Resources appoints new Chief Financial Officer

Oil and gas producer Range Resources announced it has appointed Nick Beattie as its new Chief Financial Officer with immediate effect. Beattie, aged 40, has over 20 years' experience in finance and was the former Managing Director at BNP Paribas Upstream Oil and Gas team in London, where he lead ba

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28 May 2014 07:26

Range Resources Appoints CFO

LONDON (Alliance News) - Range Resources Ltd said Wednesday it has appointed Nick Beattie as Chief Financial Officer with immediate effect. Based in London, Beattie joins the AIM-listed firm from BNP Paribas where he was a Managing Director in the Upstream Oil and Gas team. Shares in

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