Ineos-backed hydrogen fund splurges £50m in first five months
A pioneering clean hydrogen investment fund has paid out around £50 million since starting up.
London Stock Exchange
Ashtead Technology enjoys solid debut on AIM market
Ashtead Technology enjoyed a solid debut on the London Stock Exchange’s AIM market yesterday.
Ex-IFC exec Mussat to head President’s hydrogen unit
Olivier Mussat has joined President Energy subsidiary Atome Energy from the International Finance Corp. (IFC) in preparation for an IPO later this year.
‘New purpose’ for BP as society demands ‘different things’ from energy, says UK boss
BP’s UK country head says the oil and gas giant’s move into the renewables market is being driven by society demanding “different things” from energy.
Andrew Austin’s Kistos hits losses of £4m following Tulip takeover
Entrepreneur Andrew Austin’s energy investment company Kistos hit pre-tax losses of €5.2 million (£4.3m) in its maiden set of results following its takeover of Tulip Oil Netherlands.
Lib Dems: London Stock Exchange should shut doors to oil
The Liberal Democrats have proposed that no new oil and gas companies be listed on the London Stock Exchange (LSE), while also stopping the issue of bonds.
Updated: First day on AIM market for Orcadian Energy, firm shares plans to install floating turbine at Pilot field
North Sea firm Orcadian Energy has enjoyed a strong first morning on the London Stock Exchange, raising £3 million.
Updated: InfraStrata to raise £9m through share placement, targeting ‘substantial projects’
InfraStrata is hoping to raise more than £13 million having recently secured a major fabrication contract for a Scottish offshore wind farm.
Shares in Tekmar Group fall after firm reveals it’s in talks with Orsted over cable faults
Tekmar Group is working with Orsted to identify the “root cause” of multi-million pound cable faults at several offshore wind farms.
Cairn eyeing Tamar stake offshore Israel
Cairn Energy has been linked with a potential purchase of a stake in Israel’s offshore Tamar gas field from Delek Drilling.
UK considers SPAC opportunity as US market booms
Special purpose acquisition companies (SPACs) are having a moment in the sun in the US and the UK is considering how best to secure a piece of the action.
Harbour Energy talked up as future ‘go-to’ for oil investors on London debut
Harbour Energy was lauded as a future “go-to” name for oil and gas investors after making its debut on the London Stock Exchange yesterday.
Tullow bounces back to FTSE 250
Tullow Oil has re-entered the FTSE 250 index following the cancellation of Calisen’s listing on the London Stock Exchange.
Rusty won’t let sun set on DGO’s success story
“We set it up from day one to focus on free cash flow and, as we’ve grown, that strategy really hasn’t changed. The industry has operated for too long on negative free cash flow.”
Andrew Austin’s new venture Kistos looks to raise £32m via imminent AIM listing
Entrepreneur Andrew Austin’s new energy sector investment company expects to raise £31.75 million via its initial public offering, slated for this week.
Cook and Wentworth boss will be only two women CEOs of London-listed oil companies
Linda Cook’s appointment to the top job at the combined Chysaor-Premier Oil business will make her only the second woman chief executive at a London-listed oil and gas company.
Schlumberger looks to delist from London Stock Exchange
Oilfield services giant Schlumberger has today stated its intention to delist from the London Stock Exchange (LSE).
Vaalco sets out London IPO move
Vaalco Energy has set out formal plans to list on the London Stock Exchange’s main market. The listing should take place by September 30.
Ophir shares jump amid takeover talks
Shares in Ophir Energy climbed rapidly after the London-based exploration and production firm confirmed talks with a potential new owner.
Cabot Energy shares nosedive as firm enters crunch survival talks
Shares in Cabot Energy capitulated on Monday after the firm said it is fighting for survival and has commenced crunch talks with investors to raise emergency cash that will allow it to stay afloat.
Azerbaijan focused Greenfields to list in London
Greenfields Petroleum Corporation will seek admission of its common shares to trading on the London Stock Exchange's alternative investment market (AIM) under the ticker GNF.
Tekmar set for IPO in London
Shares in oil field service company Tekmar will start trading on the alternative investment market in London next week.
Premier Oil to join FTSE 250 next month in ‘positive move’
Premier Oil’s entry to the FTSE 250 index later this month is a “positive” move for the exploration and production company, an analyst said today.
TransGlobe to list shares on AIM in London
TransGlobe Energy Corporation said today that it plans to list its common stock on the alternative investment market (AIM) in London.
Energean hopes to raise £360m in IPO
Energean said today it plans to forge ahead with an initial public offering.