LONDON (Alliance News) - Xcite Energy Ltd Monday said it has raised USD140 million through the placing of senior secured bonds and the issuance of new shares. The oil appraisal and development company said it will use the money raised to refinance USD80 million of 12.5% unsecured loan notes Read More

Xcite Reports Narrower First-Quarter Loss On Currency Gains

20th May 2014 12:37

LONDON (Alliance News) - Xcite Energy Ltd Tuesday reported a narrower first-quarter net loss, helped by foreign-exchange gains on the weakening of the US dollar. In a statement, Xcite said it made a GBP41,164 net loss in the three months ended March 31, compared with a GBP1.7 million net lo Read More

Xcite Energy Appoints Non-Executive Chairman

8th May 2014 10:38

LONDON (Alliance News) - Xcite Energy PLC said Thursday it has appointed Timothy Jones as non-executive Chairman. Effective May 7, Jones takes on the role from Roger Ramshaw who has retired as Chairman and from the board for personal reasons, with immediate effect. Henry Wilson has al Read More

UK MORNING BRIEFING: UK Shares Open Higher, Led By BT And Barclays

8th May 2014 07:29

LONDON (Alliance News) - UK shares have opened mostly higher Thursday ahead of interest-rate decisions by the Bank of England and European Central Bank and amid tentative signs of reduced tensions in Ukraine. BT and Barclays lead the FTSE 100 at the Read More

UK MIDDAY BRIEFING: AstraZeneca Asks For Investor Patience

6th May 2014 11:22

LONDON (Alliance News) - AstraZeneca Tuesday set out its defence against a GBP63 billion takeover offer from US rival Pfizer Inc, urging its investors to be patient because it is set to grow quickly after it invests in its pipeline and transforms the company over the next few Read More

CORRECT: UK WINNERS & LOSERS: Balfour Beatty Drops 18% On Profit Warning

6th May 2014 10:21

(Correcting AstraZeneca made its statement on Tuesday.) LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS ------- Persimmon, up 3 Read More

UK WINNERS & LOSERS: Balfour Beatty Drops 18% On Profit Warning

6th May 2014 10:19

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS ------- Persimmon, up 3.6%, and Barratt Developments, up 1.8%. The h Read More

Xcite Energy Starts Collaboration Deal With Statoil And Shell

6th May 2014 07:58

LONDON (Alliance News) - Xcite Energy Ltd Tuesday said it has started a collaboration agreement with Statoil Ltd and Shell UK Ltd, part of Royal Dutch Shell PLC, to share technical and operational information in order for potential joint operations at the Bentley and Bressay fields in UK North Se Read More

Xcite Extends Equity Line Facility With Esousa

14th Apr 2014 09:31

LONDON (Alliance News) - Xcite Energy Ltd Monday said it has extended the term of its existing equity line facility agreement with Esousa Holdings LLC by three years until July 30, 2017 on the same terms and conditions. There is an undrawn facility amount of GBP30.8 million, which can be us Read More

Xcite Energy Signs MOU For Bentley Oil Field

9th Apr 2014 09:35

LONDON (Alliance News) - Xcite Energy Ltd Wednesday said its subsidiary Xcite Energy Resources Ltd has entered into a Memorandum of Understanding with AMEC Group Ltd and Ove Arup & Partners Ltd, which sets out the principles of co-operation for the design and development of Arup's self-installing Read More

Xcite Energy Unit In Deal To Build Facility For North Sea Oil Field

7th Apr 2014 07:30

LONDON (Alliance News) - Xcite Energy Ltd Monday said its Xcite Energy Resources Ltd subsidiary has signed a memorandum of understanding with Teekay Shipping Norway AS setting out principles of co-operation for the supply of a bridge linked Sevan floating storage and offloading facility for the l Read More

UK MIDDAY BRIEFING: Regulators Confirm UK Energy Market Review

27th Mar 2014 13:48

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

FTSE 100 Latest

Value8,809.74

Change53.53