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(Alliance News) - Marks & Spencer Group PLC is primed to make a return to London's premier FTSE 100 index, roughly three years after the founding member was booted out, with abrdn PLC once again among those making way.
Read more(Alliance News) - Eco Atlantic Oil & Gas Ltd on Thursday announced it acquired an additional 60% interest in the Orinduik block offshore Guyana from a Tullow Oil PLC subsidiary.
Read more(Alliance News) - London's FTSE 100 underwhelmed on Thursday, as a slew of its heavyweights went ex-dividend, though blue-chip equities in mainland Europe were higher, showing no signs of pre-US inflation data angst and overlooking an acceleration in tensions between the world's two largest economies.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.
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LONDON, Aug 10 (Reuters) - Tullow Oil agreed to sell its majority stake in the not-yet-producing fields off the coast of Guyana to its minority partner Eco Atlantic for $700,000 in cash and potential future payments if production starts, the two firms said.
Read moreTullow Oil PLC - oil and gas producer in Ghana, Gabon and Ivory Coast - Gains approval from the Gabon government for the extension of several of its licences in the west African country to 2046. Says the extensions increase the value of its resource base through the addition of around 5 million barrels of net 2P reserves that will deliver an estimated 100% of 2P reserves replacement in Gabon this year. Says move is in line with its strategy to focus on its high return production assets in Africa and unlock value through optimisation of its non-operated portfolio. "The extensions reflect the future potential of the reserves and resources across the Gabonese assets and the longevity of the Tchatamba facilities as a core hub for Tullow," the company says.
Read moreTullow Oil PLC - oil and gas producer in Ghana, Gabon and Ivory Coast - Agrees amendment to interim gas sales agreement in Ghana, which is valued at USD2.90 per million British thermal units. The agreement will continue to the end of the current quarter. "An agreement on acceptable commercial terms for export of future long-term volumes of Jubilee and TEN gas is in progress for completion by that time," Tullow says, referring to its production fields offshore Ghana. It notes that current export volumes are about 100 million standard cubic feet per day.
Read more(Alliance News) - Stocks in London closed in the red on Monday, with the FTSE 100 weighed down as growth data for the world's second-largest economy fell short of expectations.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Read more(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.
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(Sharecast News) - Tullow Oil said production from its Jubilee field following the recent start-up of the Jubilee South East (JSE) Project, off Ghana had passed 100,000 barrels per day after a second production well was brought onstream.
Read more(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.
Read more(Alliance News) - Kosmos Energy Ltd and Tullow Oil PLC on Friday announced the successful start-up of their Jubilee South East project in Ghana, alongside joint venture partners Ghana National Petroleum Corporation, Petro SA and Jubilee Oil Holdings.
Read more(Sharecast News) - The Jubilee South East (JSE) oil project, offshore Ghana has started operations, said Kosmos Energy on Friday.
Read more(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.
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