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London's blue chips have risen for the past seven days and started higher again this morning. BP is higher despite the eight-hour verbal assault for chief executive Tony Hayward from US politicians yesterday. Hayward was up in front of a US Congressional Committee to explain how the Gulf of Mexico
Read moreKazakhstan-focused oil explorer Roxi has firmed up its estimate of reserves at its main Galaz prospect. Estimates for total gross proved recoverable oil reserves on the NW Konys field are 2.4m barrels, total proved plus probable are 7.5m barrels while there are 10.9m barrels including possible res
Read moreLONDON (Dow Jones)--Roxi Petroleum PLC (RXP.LN), a Central Asian oil and gas company with a focus on Kazakhstan, said Friday it had estimates for total gross proved or 1P recoverable oil reserves on the NW Konys field of 2.4 million barrels. MAIN FACTS: -The estimates for total proved plus p
Read moreCinema chain Cineworld has signed a deal with Quintain Estates for a new multi-screen cinema at Wembley City, the retail park next door to Wembley station. Cineworld has signed a 25 year lease for a new nine screen cinema which will seat 1,800 people in total and is scheduled to open in 2013. It w
Read moreAfrican Eagle is "extremely pleased" with the remaining assay results from its recently completed drilling programme at Ngasamo Hill, part of its Dutwa Nickel project in Tanzania. "We are extremely pleased with the drill results from Ngasamo," said managing director Mark Parker. "They reveal a dep
Read moreShares in Healthcare Enterprise jumped after the healthcare group reported that one of the companies in which it has shares has been given formal approval to sell an artificial insemination device in the US. Reproductive Sciences, which is 27% owned by Healthcare Enterprise, said the US Food and Dr
Read morePeter Hickson, the chairman of print management and data analysis services provider Communisis, is buying shares following yesterday's results. A downturn in spending on direct mail promotions hit Communisis in 2009 and it cut its final dividend from 1.635p a share to 0.43p a share. The total divid
Read moreInvestors may be wise to tread carefully with M&S. Its shares have rocketed by more than 65 per cent this calendar year and the price is now above where it was in early June 2008 - before the worst of the credit crunch. While other retail shares are more expensive, M&S's shares, which trade on a 20
Read moreConstruction components and software group Eleco said an anticipated improvement in market conditions has failed to materialise. In February, the firm said recent progress in order prospects for precast concrete activities offered grounds for cautious optimism that it would see an upturn in perform
Read moreTurnaround investment company Volvere traded at its highest in over a year today after posting a profit of £509,000 in 2008 versus a loss of £364,000 a year earlier. Revenue jumped to £7.3m from £3.8m in 2007, helped by last September's £1.3m acquisition of Interactive Prospect Targeting. Gulf of
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