(Alliance News) - The following is a round-up of London-listed company director and manager changes announced this week and not separately reported by Alliance News: Read More
Nostrum Oil & Gas PLC - oil and gas exploration and production company which operates in Kazakhstan - As previously announced, wholly-owned subsidiary Nostrum Oil & Gas Finance BV was required by June 30 to have paid accrued interest on certain outstanding notes guaranteed by Nostrum Oil & Gas PLC. As the interest has not been paid, Nostrum Oil & Gas Finance BV launches a consent solicitation with respect to the "event of default" as specified in the note terms. Regarding the senior unsecured notes, the required quorum for the noteholders meeting has not been satisfied. As a result, the meeting will now take place on the October 6. Read More
Nostrum Oil & Gas PLC - oil and gas exploration and production company which operates in Kazakhstan - Subsidiary Nostrum Oil & Gas BV enters service agreement with Yelena Zhuravleva, who joins the Nostrum Oil & Gas as chief financial officer on Friday this week. Zhuravleva replaces Petro Mychalki who stepped down as finance chief on Tuesday this week. Read More
(Alliance News) - Nostrum Oil & Gas PLC on Friday reported a slight increase in earnings in the first half of 2025, as lower operating costs per barrel helped offset a drop in revenue. Read More
Nostrum Oil & Gas PLC - operates gas processing facilities and an export hub in north west Kazakhstan - Confirms the appointment of Viktor Gladun as chief executive officer from Tuesday. Gladun already was a company director and will remain on the board. The shift was first announced at the end of last month, when former CEO Arfan Khan left the company immediately. At the time, Nostrum had said it was in discussions with its "principal stakeholders" about "the future direction and leadership of the company" ahead of the due date in June next year for its debt notes. Gladun was CEO of JKX Oil & Gas PLC, a former London listing. Nostrum on Tuesday also adds Nikolay Ivin to the board as a non-executive director. Ivin is the managing partner of Ziff-Ivin Associates Ltd, which provides corporate finance advisory and management consulting. Stephen Whyte remains the Nostrum chair. Whyte says the leadership changes take place as Nostrum "begins realising value from projects already put in place, whilst taking into account in particular the scheduled maturity of the group's senior secured notes and senior unsecured notes due in June 2026". With its first quarter results in May, Nostrum said it had net debt of USD440.2 million as of March 31, up from USD404.2 million at the end of December. Read More
(Alliance News) - Nostrum Oil & Gas PLC on Tuesday reported decreased revenue but higher production and earnings in the first three months of this year. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Nostrum Oil & Gas PLC on Friday said the Kazakh Ministry of Energy has approved the development plan for the Stepnoy Leopard fields. Read More
(Alliance News) - Nostrum Oil & Gas PLC on Friday said subsidiary Zhaikmunai LLP has agreed an extension of its processing deal with Ural Oil & Gas LLP. Read More
(Alliance News) - Nostrum Oil & Gas PLC on Tuesday posted improved financial results for the first half as efforts to increase production yield results. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Nostrum Oil & Gas PLC on Thursday reported strong first quarter earnings on the back of increased sales volumes. Read More
(Alliance News) - Serica Energy PLC on Tuesday announced the appointment of Chris Cox as chief executive officer with effect July 1. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More