LONDON (Alliance News) - New World Oil and Gas PLC Monday said it has secured an extension to its work programme commitment deadlines for licence 1/08 at the Danica Resources project in Denmark until January 31, 2015, although it has decided to relinquish most of the offshore licences it holds in Read More

UK MIDDAY BRIEFING: Centrica Warns, Barclays Restructures

8th May 2014 13:30

LONDON (Alliance News) - British gas parent Centrica has issued a profit warning Thursday, blaming the extreme winter weather in the US but mild conditions in the UK, as well as the intense pressure that's been put on energy providers in the UK in recent months by politicians Read More

UK WINNERS & LOSERS: Standard Chartered, Barclays Lead FTSE 100 Risers

8th May 2014 12:23

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- Barclays, up 4.9%. Barclays has detailed plans to shrink its investment bank with a new round Read More

New World Oil & Gas Moves Closer To Niel Petroleum Investment

8th May 2014 10:04

LONDON (Alliance News) - New World Oil & Gas Thursday said it has moved a step closer to completing its deal with Niel Petroleum SA, whereby Niel Petroleum plans to invest USD25 million in New World. The company said Kuwaiti businessman Muaaz Alfahaid, representing Al Maram Trading & Contra Read More

New World Oil And Gas Has Not Yet Received Niel Petroleum Payment

4th Mar 2014 13:31

LONDON (Alliance News) - New World Oil and Gas PLC Tuesday said it has yet to receive USD20.2 million in subscription payments from Niel Petroleum SA. The oil and gas exploration and development company, with operations on Belize and Denmark, said that the balance of agreed subscription fun Read More

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