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OPHR 104.40 +5.30 (5.35%)
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United Utilities leads FTSE 100 risers
Africa project hopes boost Ophir Energy · Aviva jumps on share buybacks hopes · Torrid quarter ends in broad stock rebound · Tullow Oil rebounds on lender optimism.
Should investors embrace the profits of sin?
Indeed, alternative energy companies have been a notable disappointment: US group First Solar (FSLR) has lagged the Nasdaq index by more than 60%; Vestas, one of the biggest wind companies, climbed sharply in the middle of the last decade but has ...
Capital preservation paramount for absolute return funds
For the first time, the Money Observer awards include an accolade for the best Absolute Return fund. These funds, which aim for a positive return every year rather than just trying to outperform a stockmarket index, have become increasingly popular in ...
Market Report: Analysts count cost of RBS debacle
Meanwhile, Ophir Energy and Tullow Oil shifted down 23p to 590.5p and 24p to 1,407p despite Jefferies choosing them as among its favourite drillers.
FTSE 350: top ten risers so far this year
They're all banking on Vodafone bringing the bid home. Ophir Energy +101.5pc. Ophir Energy's stellar rise has been driven by a remarkable run of drilling success - in May Ophir and operating partner BG Group announced their fifth consecutive discovery ...
Licensing hiccup for US uranium mill
A US district court judge has rejected most of the legal challenges against the radioactive materials licence for Energy Fuels' planned Pinon Ridge uranium mill, but has ruled that the licence must be set aside pending a public hearing.
Tanzania's Natural Gas Reserves Almost Triple on New Finds
Statoil, Norway's largest oil and gas producer, on June 14 said it made a second “high-impact" gas find off Tanzania's Indian Ocean coast.
WWF cautions SOCO investors over Virunga exploration
WWF today has issued a warning to SOCO International investors, many of whom are based in the UK, that the company's exploration plans in Virunga National Park could have catastrophic impacts on local livelihoods and the environment.
East Africa set to be global gas hub
This follows discoveries of about 6 tcf by the BG Group and Ophir Energy, based in Britain. Tanzania's discoveries are substantial but dwarfed by those in Mozambique, where Italy's Eni and a consortium that includes Houston's Anadarko has found ...
Counting wrongly to 2014
There is something odd about the escalating row around Narendra Modi's prime ministerial ambitions. First of all, it is curious that the man behind the build-up is Mr. Modi himself.