Market news

Anglo African Oil & Gas receives partial reimbursement on costs relating to Tilapia Licence

Oil and gas developer Anglo African Oil & Gas said Congolese national oil company Societe Nationale des Petroles du Congo had partially reimbursed the company...

UK Oil & Gas restarts oil production at well near Gatwick Airprt

UK Oil & Gas said it had re-established oil production from a key oil well near Gatwick Airport.

Continuous dry oil production had resumed at...

Sound Energy upgrades estimated size of Morocco gas discovery

Sound Energy upgraded the size of a recent gas discovery in Morocco after conducting further test work.

The TE-10 well -- the second of a...

TransGlobe Energy appoints Geoffrey Probert as chief operating officer

TransGlobe Energy Corporation said it had appointed Geoffrey Probert as its new chief operating officer.

Probert was most recently North Africa managing director for Petroceltic...

Ades International wins two drilling contracts in Saudi Arabia

Ades International, an oil & gas drilling and production services provider, said Monday it had secured two onshore drilling contracts in the Kingdom of Saudi...

Sirius Petroleum completes due diligence on Nigerian oil prospect

Sirius Petroleum said it had completed its due diligence in relation to a prospect in Nigeria and was now finalising financing with a 'dedicated fund'....

Footasylum shares surge after JD Sports buys 8.3% stake

Sportswear retailer JD Sports confirmed Monday it had acquired an 8.3% stake in Footasylum, but said the move was not part of a plan to...

Croma Security profit tops expectations amid strong public, private sector security demand

Croma Security Solutions Group said Monday annual profit and revenue topped expectations as its two divisions had benefited from high public and private sector security...

Crossword Cybersecurity inks agreement with Kinnerton Confectionary to provide third party assurance platform

Technology commercialisation company Crossword Cybersecurity said Monday it had signed an agreement with Kinnerton Confectionary to provide the latter with its third party assurance platform....

Karelian Diamond Resources says progress made on securing Lahtojoki mining permit

Diamond explorer Karelian Diamond Resources said it had made progress on securing a mining permit at its Lahtojoki diamond mining project and added that drilling...