Rising crude prices helped lift stocks in the oil sector on Monday, as the ongoing violence in Iraq raised concerns about the knock-on effect on supply. Fighting between the Iraqi army and Sunni Islamist insurgents escalated this weekend after militants from the Islamic State of Iraq and the Levant
Read moreLONDON (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
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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Fresnillo, up 2.3%, Glencore, up 2.0%, Anglo American
LONDON (Alliance News) - Solo Oil PLC, Stellar Resources PLC, Doriemus PLC and UK Oil & Gas Investments PLC all saw their shares rise early Monday after saying that the operators of the Horse Hill oil and gas prospect in the Weald Basin near Gatwick Airport had stared building the site for the Ho
Read moreLONDON (Alliance News) - Aminex PLC and Solo Oil PLC Thursday said that 2D seismic studies to appraise part of their Ntorya-1 discovery at the Ruvuma Licence in Tanzania have been completed and processing has started. The oil and gas exploration and development companies said the overall pr
Read moreOil and gas exploration group Solo Oil has completed a 2D seismic programme to appraise the 'up-dip' portion of the Ntorya discovery, in Tanzania. The group announced on March 27th that a programme of 2D seismic was planned in the Ntorya field of the onshore Ruvuma Petroleum Sharing Contract. This
Read moreLONDON (Alliance News) - Solo Oil PLC, Stellar Resources PLC, Doriemus PLC and UK Oil & Gas Investments PLC Friday announced that the Horse Hill-1 well is on schedule to go into test production during July towards planned completion in August. The four oil and gas exploration and developmen
Read moreLONDON (Alliance News) - Solo Oil PLC Monday said that Chief Executive Officer Neil Ritson bought three million shares at an average price of 0.175 pence per share. Ritson now holds a total of 33 million shares, representing a 0.717% shareholding in the company. Solo Oil shares were u
Read moreLONDON (Alliance News) - Solo Oil PLC said Executive Director Neil Ritson bought 9 million shares at an average price of 0.16 pence per share on Thursday. The oil and gas exploration and development company said Ritson now holds 30 million shares in the company. Solo Oil shares closed
Read moreLONDON (Alliance News) - Solo Oil PLC Tuesday said it widened its pretax loss for the 18 months ending December 31 compared to the previous year as increased administrative expenses and impairment charges hit the company. The oil and gas exploration and production company with assets in the
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