LONDON (Alliance News) - Leni Gas & Oil PLC Monday said it had successfully started the first new development well at its Goudron field in Trinidad and was now pressing ahead with drilling. In a statement, the company said the well has been officially designated as GY-664. Last week, Read More
LONDON (Alliance News) - Leni Gas & Oil PLC Friday said it has raised GBP1.4 million by way of a placing of 144.7 million shares at a placing price of 0.95 pence per share. The oil and gas exploration and development company said it plans to use the funds to assess a number of producing fie Read More
LONDON (Alliance News) - <strong>AstraZeneca</strong> shares jumped Thursday after the pharmaceutical giant maintained its full-year guidance for 2014, even as its pretax profit dropped in the first quarter to end-March, hit by write-downs on the sale of its Alderley Park site and its acquisit Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Anglo American</strong>, up 3.2%. The mining company said production has broadly incr Read More
LONDON (Alliance News) - Leni Gas & Oil PLC Thursday said it has decided not to appeal the recent UK court ruling against it in the case it brought against Mediterranean Oil and Gas PLC. The oil and gas exploration and development company said it will now remain focused on its core oil pro Read More
LONDON (Alliance News) - <strong>RSA Insurance Group</strong> Chief Executive Stephen Hester Thursday went a long way to meeting his asset disposal target, selling the insurer's Polish and Baltic operations as part of its efforts to shore up its balance sheet in the wake of big losses in Irela Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- RSA Insurance Group, up 2.3%. The insurer said it has sold its operations in the Baltics and Poland for GBP30 Read More
LONDON (Alliance News) - Leni Gas & Oil PLC Thursday said it has received approval to start drilling at the Goudron Field in Trinidad and its drilling rig is being moved to the field in preparation. The oil and gas exploration and development company said the Ministry of Energy and Energy A Read More
LONDON (Alliance News) - Spirits and alcoholic beverage giant Diageo Thursday reported another dip in sales in the third quarter due to further volume declines and weaker Emerging Markets. The world's largest spirits producer, and a major producer of beer and wine, said that organic net sal Read More
LONDON (Alliance News) - Mediterranean Oil & Gas PLC said Friday it has received the first payment from Leni Gas & Oil PLC for litigation costs after Leni's dispute over the July 2012 sale of its 10% interest in Malta Area 4 was not upheld. In March, Leni's fraudulent misrepresentation acti Read More
LONDON (Alliance News) - Leni Gas And Oil PLC Thursday said it has further agreed to extend the deadline for the completion of its Maxim Resources Inc transaction by an additional 60 days. The oil and gas exploration and development company said the companies came to an agreement to extend Read More
LONDON (Alliance News) - Leni Gas & Oil PLC said Thursday that it was considering an appeal in its legal dispute with Mediterranean Oil & Gas PLC over the July 2012 sale of its 10% interest in Malta Area 4. Leni's argument was that Mediterranean misled it regarding the potential sale in Jul Read More
LONDON (Alliance News) - Leni Gas & Oil PLC Wednesday said it has concluded payments under its data agreement and started geochemical fieldwork for its Cedros Peninsula site in Trinidad. The oil and gas exploration and development company said it has paid the final GBP125,000 worth tranche Read More
LONDON (Alliance News) - UK regulators have now confirmed they will investigate whether the country's major energy companies are preventing effective competition in the market, a decision that prompted British Gas parent Centrica to warn that the review could delay crucial investments in new i Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Old Mutual</strong>, up 0.5%. The group has agreed to sell Skandia Germany and S Read More
LONDON (Alliance News) - Leni Gas & Oil PLC Thursday said its fraudulent misrepresentation action against Mediterranean Oil & Gas PLC has not been upheld. The oil and gas exploration and development company said it is making an appeal against the judgement, which was made at 1030 GMT, by th Read More
LONDON (Alliance News) - Mediterranean Oil & Gas PLC Wednesday said a judgement is expected on Thursday concerning a legal dispute by Leni Gas & Oil PLC and its subsidiary Malta Oil Pty Ltd and Phoenicia Energy Co Ltd. The dispute dates back to July 31, 2012, when Leni Gas & Oil sold 10% of Read More
LONDON (Alliance News) - Mediterranean Oil & Gas PLC Wednesday said a judgement is expected on Thursday concerning a legal dispute by Leni Gas & Oil PLC and its subsidiary Malta Oil Pty Ltd and Phoenicia Energy Co Ltd. The dispute dates back to July 31, 2012, when Leni Gas & Oil sold 10% of Read More
LONDON (Alliance News) - Leni Gas & Oil PLC Monday said that Well Services Petroleum Co Ltd's drill rig 20 is now scheduled to mobilise to the Goudron Field in Trinidad on or around April 15. The exploration and development oil and gas company, with operations in Spain and Trinidad, said on Read More
LONDON (Alliance News) - Leni Gas & Oil PLC Tuesday said it has entered a partnership with Italian group, Pansoinco s.r.l., for its oil and gas assets in Northern Spain, including the producing Ayoluengo Field. The oil and gas production and exploration company said that the intention of th Read More