Egdon shares rise 80%+ as it agrees to £27m takeover
Egdon Resources, the company behind the UK’s newest onshore oil producer, announced this morning it has agreed to a takeover by Petrichor Partners.
Egdon Resources, the company behind the UK’s newest onshore oil producer, announced this morning it has agreed to a takeover by Petrichor Partners.
Shareholders in Reabold Resources have voted to maintain the company’s board.
Record profit announcements by Shell and Centrica show the energy system is broken, environmental campaigners said today.
An UK Oil & Gas share offer has raised just a tenth of the target funds, the company has reported.
BP’s emission targets are “too little too late” for the climate, said anti-fracking campaigners protesting against the company in London this morning.
Two shareholders in Angus Energy have called a general meeting in a bid to remove the managing director, Paul Vonk, from the board.
Angus Energy told investors this morning it was seeking the go-ahead for on-site power generation at its Brockham oil site in Surrey.
For the first time, there appears to be a concerted campaign by investors in an oil company to support planning proposals for exploration.