LSE Market News

MAJOR UPGRADE TO SUGARLOAF AMI RESERVES AND RESOURCES Empyrean, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has announced a significant increase in its Reserves and Resources at its flagship Sugarloaf AMI assetin the liquids rich core of the Eagle Ford Shale in Texas, […]

BP has been operating in China since the early 1970s. With an accumulated investment of current operations around US$ 4.5 billion by the end of March 2015 BP has marked the official start-up of the Phase 3 PTA plant of Zhuhai Chemical Co., enhancing, the company said, “its position in the purified terephthalic acid (PTA) […]

Notice of General Meeting Europa has raised total gross proceeds of approximately £1.4 million by the issue of 20,000,000 New Ordinary Shares pursuant to the Firm Placing and 2,630,000 New Ordinary Shares pursuant to the Conditional Placing at an issue price of 6 pence per New Ordinary Share. Furthermore, it proposes to raise up to […]

Conclusion of agreement to acquire 50.1 per cent. interest in Manaila mine subject to conditions precedent Vast Resources plc, the AIM listed resource and development company, announces that, further to the pre-sale agreement announced on 10 June 2015, it has concluded an agreement to purchase 50.1 per cent. of the issued share capital of Sinarom […]

ED RABBIT GOLD PROJECT UPDATE AND LAND ACQUISTIONS Ariana Resources, the Anglo-Turkish gold exploration and development company focused on Turkey, has announced a positive update from its Kiziltepe Gold-Silver Mine following the receipt of forestry approvals. Kiziltepe is the initial mine targeted at the Red Rabbit Gold Project in western Turkey, a joint venture between […]

China Expansion – Collaboration Agreement with China Oilfield Services, Red Sea Technologies and Yantai Jereh Oilfield Services Group for Shallow Water Subsea and Crossover Wellhead Production Systems in China Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has announced a...

There is nothing that cannot happen in the market in our favor or against us. Atlas Development shares (LSE:ADSS) are weak: they have been caught in a long-term, slow and steady downtrend. The market journeyed south from the beginning of this year, and things became really volatile on the months of March to June, forming […]

It is better for buyers to stay away from Kibo Mining stock (LSE:KIBO) now, so as to avoid regret. The stock has long been in a perpetual downtrend, for most past of this year. The gap-up that occurred in April 2015 was later filled and the downtrend was resumed. In the chart, 4 EMAs are […]

It’s not exactly big news that Rolls Royce (LSE:RR.) shares are in decline. They have been nearly every day for more than a month. On 27 April shares were near their 52-week high (1,069.00) at 1,054.00. By 01 June, the declining share price intersected its 50-day moving average at 998.42 before closing at 997.50. From […]

Five years on from the Deepwater Horizon accident and spill in 2010, BP has reached agreements in principle to settle all federal and state claims arising from the event. BP today announced that its US Upstream subsidiary, BP Exploration and Production Inc (BPXP) has executed the agreements with the US federal government and five Gulf […]