News Archive

Pharos Energy gets two-year extension on Vietnam licences

10th Jun 2025 10:15

(Sharecast News) - Pharos Energy announced on Tuesday that it has received approval from the Vietnamese government for a two-year extension to the exploration period of its Blocks 125 and 126 production sharing contract.

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Gulf Marine Services says new general meeting request invalid

10th Jun 2025 10:12

(Sharecast News) - Gulf Marine Services said it has deemed a fresh shareholder request to convene a general meeting as invalid, following legal advice.

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Europe midday: Shares slide into the red; Umicore soars on GS upgrade

10th Jun 2025 10:11

(Sharecast News) - European shares slipped into the red on Tuesday, despite optimism around US-China trade talks, while investors also assessed UK employment and wage data.

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EnQuest shares rise after Petronas recognition

10th Jun 2025 10:09

(Sharecast News) - EnQuest shares were rising on Tuesday morning, after the company was named Petroleum Arrangement Contractor of the Year at the Petronas Emerald Awards in Kuala Lumpur, marking the second consecutive year it received the top honour.

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Filtronic secures largest contract award to date with SpaceX

10th Jun 2025 10:00

(Sharecast News) - Advanced RF solutions business Filtronic said on Tuesday that it has secured its largest contract award to date with SpaceX.

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Wood Group wants Sidara takeover finalised before end of June - report

10th Jun 2025 09:59

(Sharecast News) - Wood Group is expected to request an extension to the so-called 'put up or shut up' takeover deadline for Sidara in an attempt to get the deal done before the end of June.

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CVS, Pets at Home slip as CMA extends probe into veterinary sector

10th Jun 2025 09:59

(Sharecast News) - Shares in Pets at Home and CVS Group were in the red on Tuesday after UK regulators announced a six-month extension to their investigation into pricing practices and competition in the veterinary sector.

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JPMorgan ups Aberdeen to 'overweight', places shares on 'positive catalyst watch'

10th Jun 2025 09:58

(Sharecast News) - JPMorgan Cazenove upgraded Aberdeen on Tuesday to 'overweight' from 'neutral' and placed the stock on 'positive catalyst watch' ahead of results, sending shares in the asset manager surging.

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Thames Water creditors table £17bn rescue plan

10th Jun 2025 09:47

(Sharecast News) - A group of Thames Water creditors have proposed injecting billions into the stricken utility, it emerged on Tuesday, in exchange for regulatory leniency.

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Tower Resources issues letter of award to ADES affiliate

10th Jun 2025 09:30

(Sharecast News) - Oil and gas company Tower Resources said on that its Cameroonian subsidiary has issued a Letter of Award to ADES Holding affiliate Advanced Energy Systems for the provision of a jack-up rig to drill the NJOM-3 well on its Thali license in Q4.

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Rolls-Royce picked to build UK small nuclear reactors

10th Jun 2025 08:48

(Sharecast News) - Rolls-Royce has been selected to build small modular nuclear reactors in the UK, after a competition run by the government to reduce Britain's reliance on fossil fuels.

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GB Group shares dive as FY results underwhelm

10th Jun 2025 08:41

(Sharecast News) - Shares in GB Group took a dive on Tuesday despite the identity verification and fraud prevention software firm swinging to a full-year profit, as annual results a showed a slight slowdown in the second half.

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GenIP inks expands into Republic of Chile

10th Jun 2025 08:38

(Sharecast News) - Technology firm GenIP has expanded into the Republic of Chile through an engagement for 30 analytical assessment orders from a leading research institution.

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Asia report: Markets mixed as world watches US-China talks

10th Jun 2025 08:37

(Sharecast News) - Asia-Pacific markets traded mixed on Tuesday as investors awaited further developments in US-China trade talks, which resumed in London for a second day.

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Canaccord Genuity raises target price on Greatland Gold

10th Jun 2025 08:03

(Sharecast News) - Analysts at Canaccord Genuity slightly raised their target price on gold and copper producer Greatland Gold from 25.0p to 29.0p on Tuesday following its Telfer-Havieron site visit.

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