Mon, 21st Jan 2019 12:49
LONDON (Alliance News) - Victoria Oil & Gas PLC Thursday said its subsidiary Gaz du Cameroun SA has brought on line a further three gas-fired electricity generation units in Douala, Cameroon. The oil and gas company said it brought the new connections online at the Guinness Brewery in Doual
Read moreVictoria Oil & Gas is in talks to expand its gas-fired electricity generation business in Cameroon. Victoria said its subsidiary Gaz du Cameroun (GDC) was talking to Cameroon state power joint venture company Actis Sonel about supplying gas to replace heavy fuel oil as a supplement to the country's
Read moreLONDON (Alliance News) - Victoria Oil & Gas PLC Wednesday said its subsidiary, Gaz du Cameroun SA has connected three gas fired electricity generation units to customer sites in Douala, Cameroon. The oil and gas company said the new connections replace grid power at the dairy, plastic mould
Read moreLONDON (Alliance News) - Victoria Oil & Gas PLC said Friday preparation work has begun in preparation for the extension of a one-kilometre gas pipeline extension under the Wouri river to Bonaberi area in Cameroon. The company's operating subsidiary Gaz du Cameroun SA has completed initial p
Read moreAfrican energy utility group Victoria Oil & Gas said that production at its Logbab Project in Cameroon was steady and it remained at operational break even through March. Average production rates remained at February's level of 3.2m standard cubic feet per day (mmscf/d) last month, but should rise
Read moreLONDON (Alliance News) - Victoria Oil & Gas PLC Monday said Executive Director Austen Titford bought 1.2 million shares at a price of 1.13 pence per share Friday. Following this transaction, Titford now holds 2 million shares, which represents 0.05% stake in the firm. Shares in the oi
Read moreLONDON (Alliance News) - Victoria Oil & Gas PLC swung into a pretax profit in the half year ended November 30, 2013, as it saw revenue rise and booked a one-off gain relating to its arbitration with RSM Production Corp. The oil and gas company posted a pretax profit of USD2.5 million, versu
Read moreLONDON (Alliance News) - Victoria Oil & Gas PLC Friday said its subsidiary Gaz du Cameroun has become cash flow positive following a major deal to provide Socaver with gas earlier in February. The African energy utility company said Gaz du Cameroun has averaged 3.2 million square cubic feet
Read moreLONDON (Alliance News) - Victoria Oil & Gas PLC Tuesday said its subsidiary Gaz du Cameroun has completed a new thermal gas connection with glass manufacturer SOCAVER, a subsidiary of South African Brewing Company Pty Ltd. The oil and gas exploration and development company said the SOCAVER
Read moreThe FTSE small cap index and junior-listed AIM shares fall 0.6 percent and 0.8 percent respectively, outperforming the mid-caps, down 1.5 percent, and the blue chips, which fall 0.9 percent. Victoria Oil & Gas gains 12.3 percent after reaching a settlement with RSM Production Corporation ov
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - WINNERS Weir Group, up 0.2%. The engineering company said it had won a USD98 million, or GBP59 million, two-year contract to provide
Read moreLONDON (Alliance News) - Victoria Oil & Gas PLC Friday said it has signed a settlement agreement with RSM Production Corp in relation to its cash-call dispute for the Logbaba gas project in Cameroon. The oil and gas exploration and development company said RSM has now paid USD16.3 million t
Read moreLONDON (Alliance News) - UK shares have opened higher Friday, as Bank of England Governor Mark Carney backed off of forward guidance and said there is "no immediate need" to raise interest rates.
Royal Mail has reported a 2% increase in like-for-like revenues for th