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Recent News

Friday 25 November, 2016

25-Nov-2016 07:46 AM

Exillon output averages 12,119 bpd

Exillon Energy's output averaged 12,119 barrels per day in October. Average daily production for Exillon Timan-Pechora was 2,726 bpd, and for Exillon West Siberia it was 9,393 bpd during the period. Peak daily production was 12,659 bpd. Story pr
25-Nov-2016 07:41 AM

Zambeef Products swings to FY pretax profit

Zambeef Products has swung to a FY pretax profit of $12.4m, from a year-ago loss of $5.0m, with chairman Jacob Mwanza commenting the company is entering a new era. Turnover for the period was $219.4m, from $220.2m. "Zambeef has ended the financial
25-Nov-2016 07:38 AM

CloudTag inks US sales and marketing agreement

CloudTag has entered into an agreement with Griffin International Companies Inc, which is part of the CITIES Market Studios Group, for Cities to act as the company's sole and exclusive sales representative to sell all of the company's products t
25-Nov-2016 07:35 AM

Kimberly in negative equity

Kimberly Enterprises has continued to dispose of its property interests and simplify its corporate structure but had negative equity of €21.7m at the end of the nine months to 30 September. The company says that following the sale of its Canadian p
25-Nov-2016 07:34 AM

fastjet chairman quits as it plans new fundraising

Africa low-cost airline fastjet's chairman Colin Child has resigned after the company confirmed it needed to raise further capital and expected to initiate a fundraising exercise which it plans to complete in the first quarter of 2017. Having led a
25-Nov-2016 07:22 AM

Sierra Rutile issues merger update

Sierra Rutile said its statutory merger with Iluka Investments (BVI) Ltd is expected to become effective with closing on Nov. 29. As announced on 21 November 2016, SRL has made an application to the London Stock Exchange for the suspension and cancellati
25-Nov-2016 07:21 AM

BHP Billiton approves further support for Samarco

BHP Billiton has approved further financial support for Samarco. The amount of US$181 million has been approved to fund the remediation and compensation programs identified under the framework agreement which the Renova Foundation governs and oversees.
25-Nov-2016 07:20 AM

Lamprell wins North Sea wind farm contract

Lamprell has won a new contract award from ScottishPower Renewables for the fabrication of multiple jackets and piles for the East Anglia One Offshore Wind Farm. The East Anglia One project is located in the UK waters of the southern North Sea and aims
25-Nov-2016 07:19 AM

Pennon's profit

Pennon Group has improved its H1 pretax profit to £128.1m, from £106.8m. Revenue was £685.5m, from £689.1m. Dividend was 11.09p a share, from 10.46p. "Pennon has delivered a good performance in the first half of 2016/17 across its water and waste b
25-Nov-2016 07:17 AM

Caffyns pre-tax profits jump

Caffyns posts underlying profit before tax of £1.01 million for the six months to the end of September - up 2.3% on last time. Revenues rose to £105.2m from £95.5m and the group made a profit before tax on business disposal of £4.68 million. Profit befor
25-Nov-2016 07:00 AM

Economic Events - Month Ahead Events

UK29/11/2016 11:30 BOE Financial Stability Report29/11/2016 11:30 FPC Statement29/11/2016 13:30 Autumn Forecast Statement30/11/2016 10:30 Net Lending to Individuals m/m30/11/2016 10:30 M4 Money Supply m/m30/
25-Nov-2016 07:00 AM

Economic Events - 7 Days Ahead Events

UK29/11/2016 11:30 BOE Financial Stability Report29/11/2016 11:30 FPC Statement29/11/2016 13:30 Autumn Forecast Statement30/11/2016 10:30 Net Lending to Individuals m/m30/11/2016 10:30 Mortgage Approvals30/1
25-Nov-2016 07:00 AM

Economic Events - Today's Events

UK25/11/2016 09:30 Index of Services 3m/3m | Forecast: 0.80% | Previous: 0.80%25/11/2016 09:30 Prelim Business Investment q/q | Forecast: -0.20% | Previous: 1.00%25/11/2016 09:30 Second Estimate GDP q/q | Forecast: 0.50% | Pr

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