News And Announcements
Energean announces start-up of Cassiopea field
Energean has announced the successful start-up of the Cassiopea field, offshore Italy.
AMD to buy ZT Systems in $4.9bn deal
Advanced Micro Devices said on Monday that it has agreed to buy AI infrastructure provider ZT Systems in a $4. 9bn cash and share deal.
Libertine faces cash crisis as loan funding fails to materialise
Libertine Holdings announced a significant financial setback on Monday, reporting that it had not received the anticipated loan funding from Reliant FZCO under a previously-agreed bridging loan agreement.
Estée Lauder shares tank on CEO retirement, China outlook
Shares of The Estée Lauder Companies were falling sharply in pre-market trade on Monday after the American cosmetics giant announced the retirement of its long-standing chief executive and gave a cautious outlook for the coming financial year.
88 Energy reports progress at Project Phoenix
88 Energy updated the market on Project Phoenix on Monday, focusing on results from the Hickory-1 discovery well and its ongoing collaboration with joint venture partner Burgundy Xploration.
Van Elle confirmed as Network Rail southern region delivery partner
Ground engineering contractor Van Elle announced on Monday that it has been confirmed as a delivery partner in the Southern Renewals Enterprise's £1. 4bn framework programme for Network Rail’s Southern region.
Hummingbird secures $25m refinancing with Coris Bank
Hummingbird Resources announced the successful completion of a strategic $25m refinancing package with its principal financing partner, Coris Bank International, on Monday.
Helix identifies elevated helium levels in ongoing drilling
Helium explorer Helix Exploration announced the identification of significantly-elevated helium levels in the Amsden and Charles formations during its ongoing drilling operations on Monday.
Cornish Metals upbeat on Wide Formation drilling results
Mineral explorer and developer Cornish Metals announced promising results from the final eight drill holes of its 14-hole, 8,993-metre drilling programme at the Wide Formation target, located one kilometre south of the South Crofty tin project in Cornwall.
Atome losses widen as it progresses fertiliser projects
Green fertiliser developer Atome reported a first-half loss of $2. 8m in its unaudited interim results on Monday, slightly wider than the $2. 6m loss it recorded in the first half of 2023.
Union Jack Oil reports solid progress on US investments
Union Jack Oil updated the market on its rapidly-expanding activities in the United States on Monday, with the successful discovery at the Andrews 2-17 well confirmed as commercial following completion and testing.
JTC set to acquire Buck Share Plans from Gallagher
Professional services firm JTC announced its proposed acquisition of the Buck UK and European Share Plan Administration and Trustee Businesses on Monday, from Arthur J Gallagher & Co.
Landore extends payment schedule for Thunder Bay properties sale
Landore Resources announced an extension of the payment schedule for the sale of its 100% interest in the Miminiska Lake and Keezhik Lake properties on Monday, located in Northern Ontario’s Thunder Bay Mining District, to Storm Exploration.
EnergyPathways applies for Irish Sea gas storage licence
EnergyPathways announced on Monday that it has submitted a gas storage licence application to the North Sea Transition Authority (NSTA) for its proposed Marram Energy Storage Hub (MESH) project.
7-Eleven receives takeover approach from Alimentation Couche-Tard
Canadian convenience store giant Alimentation Couche-Tard is studying a potential takeover offer for Japanese peer Seven & i Holdings, which operates the 7-Eleven chain alongside other retail outlets.
Plus500 flags stronger full year after solid first half
Plus500 announced a strong set of interim results on Monday, with significant financial growth, as it lifted its full-year expectations.
Australia green group drops court challenge to Woodside gas project
A major environmental group in Australia said it was dropping a court challenge to stop Woodside Energy's $12. 5bn Scarborough gas project in Western Australia.
Intercede announces new strategic partnership with Microsoft
AIM-listed cybersecurity software group Intercede has announced a new partnership with Microsoft which will allow customers to bring FIDO passkeys into their authentication solutions.
Barratt-Redrow merger to complete this week as housebuilders engage with CMA
Barratt Developments and Redrow have reported that their impending £2. 5bn merger should complete later this week despite local competition concerns raised by regulators.