LONDON (Alliance News) - Madagascar Oil Ltd Friday said it has been granted an approval by the Madagascar Council of Ministers to complete test sales of its Tsimiroro crude oil, which will be the first market test of crude oil produced in Madagascar. The oil and gas exploration and developm Read More

Madagascar Oil Declares Tsimiroro Oil Field A Commercial Discovery

8th May 2014 14:24

LONDON (Alliance News) - Madagascar Oil Ltd said Thursday that it had determined that its Tsimiroro oil field in Block 3104, western Madagascar, was a "commercial discovery" under the terms of its production sharing contract with its government partner. The company has also submitted an app Read More

UK MIDDAY BRIEFING: Sainsbury's Sales Slow But Won't Join Price War

18th Mar 2014 13:09

LONDON (Alliance News) - J Sainsbury PLC reported its first sales fall in nine years for the fourth quarter of its financial year, but Chief Executive Justin King said the grocer will not get caught up in the price war within the UK supermarket sector and will ensure competiti Read More

UK WINNERS & LOSERS: Cairn Energy Falls 12% As It Swings To Loss

18th Mar 2014 11:57

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS J Sainsbury, up 0.8%. The food retailer is the latest of the big UK supe Read More

Madagascar Oil Ups Production, Moves Closer To Commercial Production

18th Mar 2014 11:32

LONDON (Alliance News) - Madagascar Oil Ltd Tuesday said oil production rates have increased on a month-by-month basis at its Tsimiroro Field and it expects to make a decision on the site's commerciality declaration soon. The AIM-listed oil and gas exploration and development company said i Read More

Madagascar Oil Chairman Resigns At Direction Of Major Shareholder

14th Nov 2013 15:19

Madagascar Oil Shares Jump 19% After Tax Claim Settlement

7th Nov 2013 15:17

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