Xcite Energy, the oil company looking to develop the Bentley field in the North Sea, says it has agreed a loan facility with a group of lenders that ought to pay for much of the project.
The $155m facility has a five year term and is dependent on a series of project milestones - all but one of which Xcite claims to have completed.
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Nationwide: House prices see biggest monthly fall in over two yearsUK house prices dropped by 0.8% in June, according to Nationwide. We reveal the top-performing and worst-performing regions
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Portfolio landlords could save £8,500 by remortgaging – or risk costs soaring by £23,000Buy-to-let landlords with multiple properties could save thousands by taking advantage of this year’s lower mortgage rates, but failing to refinance could see them hit with a £23,000 bill.
