LONDON (Alliance News) - Independent Oil & Gas PLC Friday said its loss widened in 2013, mainly due to the cost of its initial public offering on AIM and higher finance expenses. The company reported a net loss of GBP1.0 million, more than double the GBP446,419 loss in 2012, as it booked GB Read More

UK MIDDAY BRIEFING: ECB Cuts Rates, More To Follow

5th Jun 2014 12:31

LONDON (Alliance News) - The European Central Bank on Thursday cut its key interest rate to a record low and embraced a negative deposit rate, the first for a leading central bank, as it tries to fight the low inflation that is threatening to derail the euro area's fragile economic recovery.<b Read More

UK WINNERS & LOSERS: ASOS Drops 27% After Profit Warning

5th Jun 2014 10:21

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- Smith & Nephew, up 5.1%. Hot on the heels of Stryker Corp denying plans Read More

Independent Oil and Gas Sees Delays At Blythe And Skipper

5th Jun 2014 09:40

LONDON (Alliance News) - Independent Oil and Gas PLC Thursday said it is seeing delays to its field development plan at the Blythe Field and the appraisal well for its Skipper discovery, as it struggles to obtain suitable vessels for the process. The North Sea-focused oil and gas firm said Read More

Independent Oil & Gas Now Aware Of Licence Extension For Cronx Acquisition

30th Apr 2014 09:59

LONDON (Alliance News) - Independent Oil & Gas PLC said Wednesday it intends to complete the acquisition of the P1737 Cronx licence as soon as possible. The North Sea-focused oil and gas firm had intended to complete the acquisition by April 30, 2014, but said it is now aware that a licence Read More

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