SSE agrees sale of gas exploration and production assets for £120m

Energy giant SSE has agreed to sell all of its interests in its portfolio of gas exploration and production assets to Viaro Energy via its...

Tue, 22/12/2020 - 13:53


International PP consortium selected as preferred bidder for offshore wind project

Infrastructure investment company International Public Partnerships said its consortium with Amber Infrastructure and Transmission Investment has been appointed as preferred bidder for the long-term license...

Tue, 22/12/2020 - 13:37


Royal Mail ends two-year dispute with new pay deal

Royal Mail said it had reached an agreement with the Communication Workers Union over pay, hours and operational change, ending two years of dispute.

The...

Tue, 22/12/2020 - 13:25


Fresnillo appoints Guillermo Gast?lum as VP of exploration

Precious metals miner Fresnillo said it has appointed Guillermo Gastélum as vice president of exploration, with effect from 1 January 2021.

Gastélum joins Fresnillo following...

Tue, 22/12/2020 - 13:07


FTSE higher as sterling swings on freight crisis and Brexit uncertainty

The FTSE 100 was up by lunchtime, reversing earlier losses amid continued volatility in sterling with an ongoing UK freight crisis linked to the new...

Tue, 22/12/2020 - 12:11


European markets bounce back after Manic Monday for investors

“After yesterday’s carnage on the markets with approximately 2% declines seen across Europe, investors are in a better mood as we draw closer to...

Tue, 22/12/2020 - 12:00


Serinus Energy to start drilling new Romania well in January

Oil and gas company Serinus Energy said it expected to start drilling a new well in Romania in January.

Preparations for the Moftinu-1008 were proceeding...

Tue, 22/12/2020 - 09:57


Savannah Energy cuts cost, capex guidance

Niger and Nigeria focused oil company Savannah Energy cut is cost and capital expenditure guidance as it tightens its belt amid the pandemic.

Administrative and...

Tue, 22/12/2020 - 09:41


Bezant conditionally acquires Metrock Resources for at least £405,000

Copper-gold exploration and development company Bezant said it had conditionally acquired Metrock Resources and its manganese mineral exploration licences in Southern Botswana comprising the Kanye...

Tue, 22/12/2020 - 09:34


Nuformix posts loss, continues Asian licensing talks

Drug re-purposing specialist Nuformix posted a first-half loss as its revenue fell.

Pre-tax losses for the six months through September amounted to £0.48 million, compared...

Tue, 22/12/2020 - 09:28


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