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Premier Technical Services Group announces £40m in new financing

Niche specialist services provider Premier Technical Services Group (PTSG) announced new £40m committed facilities on Monday, together with a £10m accordion with HSBC.

Sound Energy upbeat on latest reservoir pressure data

Morocco-focussed upstream gas company Sound Energy updated the market on the TE-7 well reservoir pressure on Monday, following the latest retrieval of the pressure gauge data.

Appraisal drilling about to begin at West Newton, says Reabold

Reabold Resources announced on Monday that Rathlin Energy UK, operator of the PEDL 183 license onshore UK, has signed a rig contract for the drilling of the West Newton appraisal well, expected to spud in April.

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Integumen upbeat on promising cannabis skincare test results

Integumen announced positive results from further tests in formulations on Monday, all of which contained low-concentrations of hemp-derived cannabinoid (CBD) oils.

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Asia report: Markets plunge as fears for global economy rise

Markets in Asia were in the red across the board on Monday, as fears for the global economy took hold after a slew of negative data from both the US and Europe last week.

President Energy to press ahead with busy work programme in Argentina

Upstream oil and gas company President Energy confirmed plans for its work programme for 2019-2020 at its fields in Rio Negro Province, Argentina on Monday, where it has a 90% holding to Edhipsa’s 10%.

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InfraStrata's Islandmagee Energy to acquire pipeline easements

Natural gas storage company InfraStrata announced on Monday that its subsidiary, Islandmagee Energy, has served notice to exercise and complete its easement options that are required to progress the Islandmagee gas storage project.

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Ovoca Bio confirms positive results from Libicore phase 3 trial

Biopharmaceutical company Ovoca Bio announced positive, statistically significant top-line results from a phase 3 clinical trial of its first candidate, ‘Libicore’ (BP-101), on Monday.

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Evgen Pharma confirms positive results from latest 'SFX-01' trial

Clinical stage drug development company Evgen Pharma announced positive headline results from the open-label phase 2 trial of ‘SFX-01’ in 46 patients with estrogen-positive metastatic breast cancer on Monday.

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UK's largest broadband providers still leaving customers unsatisfied

Customers of the UK’s largest broadband providers were still getting a raw deal, according to the latest broadband satisfaction survey from consumer lobby group Which.

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Shell enters home energy market with First Utility rebranding

The Shell brand entered the home energy market on Monday, as the company rebranded its First Utility acquisition as ‘Shell Energy’, sweetening the transition by switching all of its British residential customers to 100% renewable electricity.

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International PPL confirms NDIF investment in 'toob' full fibre broadband

Infrastructure investment company International Public Partnerships confirmed on Monday that ‘toob’ has secured investment from the National Digital Infrastructure Fund, being the fourth such investment by the fund which the company supports.

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Pennon Group to end year in line with expectations

Water utility and waste management company Pennon Group updated the market on its trading on Monday, ahead of its financial year-end, confirming that its underlying financial performance for the year ending 31 March was in line with its expectations.

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Wood Group agrees $38m sale of Terra Nova Technologies

Wood Group made further progress with its non-core asset disposal programme on Monday, announcing the sale of its conveying and material handling systems division Terra Nova Technologies.

LondonMetric sells two logistics warehouses, AstraZeneca gets EC approval for 'Forxiga'

London open The FTSE 100 is expected to open 25 points lower on Monday, having closed down 2. 01% at 7,207. 59 on Friday.

22 Mar
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FireAngel Safety Tech inks smoke detector deal in Scotland

Home safety products supplier FireAngel Safety Technology Group announced on Friday that it is to supply smoke and heat alarms to a further housing association in Scotland.

22 Mar
i3 Energy contracts Gardline for drilling programme site survey

Independent oil and gas company i3 Energy has contracted Gardline to conduct a site survey for its 2019 and 2020 drilling programme, plus the pipeline route for its Liberator Phase I development, it announced on Friday.

22 Mar
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Asia report: Markets eke out gains as Fed reaction continues

Markets in Asia posted underwhelming gains on Friday, after a choppy session in which investors were still trying to make sense of a more dovish Fed in the US, along with a fresh slew of data.

22 Mar
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Costain to deliver 'major improvements' to A19 road

Infrastructure solutions company Costain has been appointed to deliver “major improvements” on the A19 road for Highways England, it announced on Friday, as part of the government-owned company’s ‘Regional Investment Programme’.

22 Mar
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Oxford Instruments to kit out new high-tech Beijing laboratory

Industry and research technology supplier Oxford Instruments has won a global tender to supply cryogenic equipment to the Institute of Physics-Chinese Academy of Sciences (IOIP-CAS) - a research institute in the fundamental study of condensed matter physics.