By Amy McLellan Powered by its successes in Italy, Sound Oil is again looking to diversify. Earlier this year it wisely stepped away from a bid for troubled Antrim Energy, which would have added projects in Ireland and the UK North Sea, but now the company mulling a farm-in to the Tendrara licence onshore Morocco,…
Fresh data from the Office for National Statistics has shown that UK industrial output grew at its fastest rate for 6 months in March, rising by 0.5% from March. Manufacturing output also rose by 0.4% in March and February’s growth was adjusted upwards to 0.5%. Chris Williamson, Chief Economist at Markit, said that “the overall…
by Frederik Vanhaverbeke In the latest of a series of articles for Master Investor Magazine, Frederik Vanhaverbeke, author of Excess Returns: A comparative study of the methods of the world’s greatest investors, looks at how some of the world’s greatest investors are so successful. You make most of your money in a bear market, you…
By Amy McLellan There’s a change at the top at IGas, with CEO and co-founder Andrew Austin stepping down from the Board after ten years and CFO Stephen Bowler taking over the helm as CEO. Austin’s departure comes after the AIM-quoted onshore producer completes its farm-out to chemicals giant INEOS, a deal that puts real…
by Frederik Vanhaverbeke In the latest of a series of articles for Master Investor Magazine, Frederik Vanhaverbeke, author of Excess Returns: A comparative study of the methods of the world’s greatest investors, looks at how some of the world’s greatest investors are so successful. A country of security analysts would still over react. In short,…
By Amy McLellan Another month, another contract win for specialist wellhead company Plexus Holdings. The AIM-quoted company, which has developed a proprietary technology known as POS-GRIP, that delivers a safer, more reliable and cost-effective wellhead solution, has won two contracts in May – so far – with the most recent being a £1.25 million contract…
By Stewart Dalby AIM listed oil & gas start-up Rose Petroleum gave out some positives but also one disappointment in its operational and corporate update issued at the end of April. But overall it continues to make headway in its plan to build a substantial oil & gas company based on shale and other non-conventional…
The Conservative Party has won an overall majority with 331 seats in the House of Commons. Whilst sterling and UK equities had a good day, analysts are already beginning to warn of future troubles including the promised referendum on EU membership and the costs of a potential exit. Overall views were positive and there was…
By Eithne Treanor The resilience in the oil price was welcomed this week as signs of growth brought a temporary sense of optimism back to the market. The geopolitical and economic uncertainty continue, adding volatility to the market but investors are searching beyond the headlines, looking forward and in early trading on Friday, Brent crude…
The Greek Finance Minister Yanis Varoufakis has said that he expects a bailout agreement to be reached in the coming days or weeks during a speech in Brussels. Mr Varoufakis said the country needs a bad bank to unclog the financial system and a development bank funded by the proceeds of privatisation. The European Central…
