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OPHR 160.66 +0.36 (0.23%)
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Nautical accepts Cairn buyout offer
Nautical Petroleum (NPE) has accepted a buyout offer from Cairn Energy (CNE) with a cash value of �414 million. Cairn is offering 450p per share in the independent oil and gas explore.
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FTSE 250 oil firms cheer investors
There was positive exploration and development news from FTSE 250 companies Essar Energy (ESSR), Cairn Energy (CNE) and Premier Oil (PMO) on Wednesday.
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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 ...
Social lending: A virtuous circle
Peer-to-peer lending has gained traction with savers and investors in recent years, helped by dire interest rates on offer at banks and building societies, as well as high inflation eroding real returns.
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.
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Face off: BlackRock Gold & General vs BlackRock World Mining Trust
Commodity funds have been seen as the investment choice of the market bull. They beat markets on the way up, but then suffer as sentiment turns, but can prove profitable for those who can stand the ride.
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CF Ruffer Total Return wins Best Value for Money award
Money Observer's awards are unique in recognising consistently good investment performance and also highlighting the fund that provides the best value, a fund where managers have kept their investors' best interests at heart by keeping their costs ...
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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.
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New World Oil & Gas dips despite upbeat CPR
New World Oil and Gas (NEW) shed more than 5% despite receiving a positive update regarding the Blue Creek Project, located in the productive Pet�n Basin in north-west Belize.
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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 ...
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