(Alliance News) - The following is a round-up of earning and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Savannah Energy PLC on Thursday said its subsidiary, Savannah Energy Niger Solar Ltd, signed a memorandum of agreement with the Niger government for two solar power projects. Read More
Savannah Energy PLC - energy company, with projects in Cameroon, Chad, Niger and Nigeria - Appoints Joseph Pagop Noupoue as next chair, succeeding Steve Jenkins who plans to step down at end of 2023 annual general meeting. Noupoue is currently a senior partner at professional services firm EY. Noupoue subscribes for 6.1 million shares for 26.25 pence each, GBP1.6 million in total. Transaction occurred on Friday. Noupoue's holding following transaction is around 0.5%. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Savannah Resources PLC - Europe-focused lithium development company - Confirms that the legal action brought against Portugal by the parish of Covas do Barroso has been been extinguished. Follows Mirandela fiscal and administrative court ruling in February 2023 that the Portuguese state and ministry of economy are not legitimate parties in the lawsuit. As a result, the defendants and Savannah, as a counter-interested party, have been acquitted of all requests made by the Covas do Barroso parish council, while the latter's period for appeal has now expired. Read More
(Alliance News) - Savannah Energy PLC on Friday accused Chad president Mahamat Deby of directly breaching International Criminal Court conventions, following Thursday's presidential decree to nationalise the company's upstream production assets in Chad. 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
(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
(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
(Correcting that the Exxon Mobil portfolio acquisition was completed by Savannah Energy PLC.) Read More
(Alliance News) - Savannah Energy PLC on Monday said it entered into a share purchase agreement with Petronas International Corp Ltd to buy the company's oil and gas business in South Sudan for USD1.25 billion. 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
Savannah Energy PLC - Africa-focused energy company - Last Friday reported swing to half-year loss. In the six months ended June 30, swings to interim pretax loss of USD11.3 million from a profit of USD7.7 million a year prior. Revenue falls 14% to USD85.8 million from USD99.4 million. Administrative expenses widen 23% to USD11.7 million from USD9.5 million. Read More
Savannah Energy PLC - Africa-focused energy company - 80% indirectly owned subsidiary Accugas Ltd enters new gas sales agreement with Notore Chemical Industries PLC. Accugas will supply Notore with up to 10 million standard cubic feet of gas per day to augment its current supplies. Adds that no further capital expenditure is required by Accugas to deliver gas to Notore. "The contracted supply is on an interruptible and reasonable endeavours basis, based on gas availability and nominations, for an initial term of one year, with the option to extend for a mutually agreed period," Savannah explains. Read More
(Alliance News) - Savannah Energy PLC on Tuesday said its 80%-owned subsidiary, Accugas Ltd, has commenced gas sales to TransAfam Power Ltd in Nigeria. Read More
Savannah Energy PLC - Africa-focused energy company - Says its 80% indirectly owned subsidiary Accugas Ltd has started first gas sales to Central Horizon Gas company Ltd. Savannah says CHGC operates a 17-kilometre gas pipeline infrastructure network with a throughput capacity of 50 million standard cubic feet per day. It provides natural gas to industrial and commercial customers in the Trans Amadi Industrial Area of Port Harcourt and the Greater Port Harcourt Area in Nigeria. 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) - Savannah Energy PLC on Tuesday reported it had swung to an annual loss despite revenue climbing on higher gas prices in the year. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More