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Xcite Energy News

London close: Footsie back at 5,900
25 Mar 2011

London close: Footsie back at 5,900

Blue chips closed the week just above 5,900 with decent gains across a range of sectors helped by a smattering of broker recommendations. Reckitt Ben...

London afternoon: Gaming firms in demand
25 Mar 2011

London afternoon: Gaming firms in demand

Leading shares are mixed after the strong opening prompted traders to bank some profits at the end of a week which has seen the top share index advanc...

London midday: Footsie clings on
25 Mar 2011

London midday: Footsie clings on

Footsie just about kept its head above water in the morning session but index heavyweight BP was a major drag after last night's news about the blocki...

Xcite not fazed by North Sea oil tax change
25 Mar 2011

Xcite not fazed by North Sea oil tax change

North Sea oilfields operator Xcite Energy said 2010 was a transformational year and the fourth quarter a pivotal period for the company, with the succ...

Budget tax hike has North Sea explorers on skids
24 Mar 2011

Budget tax hike has North Sea explorers on skids

Oil companies are still reeling from yesterday's Budget decision to increase the tax paid on North Sea oil and gas production to subsidise a 1p a litr...

Tuesday tips round-up: Mondi, Helphire, Lancashire
22 Feb 2011

Tuesday tips round-up: Mondi, Helphire, Lancashire

Mondi is one of those perennial biggest companies that rarely makes the headlines, but that may be about to change. The papermaker, which is listed in...

London close: FTSE 100 storms past 6,000
4 Jan 2011

London close: FTSE 100 storms past 6,000

The top share index lost some if its strong early gains ahead of the close, but still finished above the psychologically important 6,000 point mark on...

London afternoon: Triple digit rise for Footsie
4 Jan 2011

London afternoon: Triple digit rise for Footsie

Bid speculation is adding froth to a London stock market already playing catch-up with European and US markets that posted strong gains yesterday. Oi...