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Fortune Oil pockets $4m on part-sale of Liulin business
News Independent oil and natural gas supply company Fortune Oil earned $4m after Dart Energy increased its equity stake in Fortune's subsidiary Fortune Liulin Gas (FLG) by five percentage points.
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Cash generation picking up speed at Empyrean
News Oil and gas firm Empyrean Energy is few people's idea of a cash-generating machine but the AIM-listed tiddler's revenue continues to remain on an impressively upward trajectory.
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Essar Energy Chairman steps aside to clear his name
News The investigation by the Indian authorities into alleged malpractice regarding the allocation of telecoms licences and mobile phone spectrum space in 2008 has prompted Ravi Ruia to temporarily give up the post of Chairman of Essar Energy.
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Coastal Energy strikes more black gold in Thailand
News Coastal Energy announced it has hit the largest pay zone it has seen to date at its Bua Ban North field in Thailand.
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Acta climbs on extra grant money
News Acta, an Italian clean energy company listed on AIM, says it will receive more grant money than originally thought.
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Balfour Beatty in line for £500m joint venture
News Construction firm Balfour Beatty is the preferred bidder for a £500m joint venture to build an energy-from-waste facility.
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Second deal this week for Acta
News Clean energy specialist Acta dragged itself away from its 52-week low after it said it is set to get a major revenue boost after bagging a new customer for its hydrogen generating technology.
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Xcite gets tanker but still waiting on approvals
News Xcite Energy, the North Sea focused oil company, has managed to secure a storage tanker as it battles to bring its Bentley field to full production.
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Xcite Energy investors continue to worry over Bently
News Following demand from its shareholders for more information, Xcite Energy has given an update on the development of the Bently field, about which the Department for Energy and Climate Change (DECC) has had concerns.
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