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Commodities
04 Jun
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IATA predicts ninth consecutive year of solid financial returns for airlines

The International Air Transport Association (IATA) cut its forecast for airlines' profits on the back of rising labour and interest rate costs, but predicted a ninth consecutive year of solid financial returns for the industry.

04 Jun
petroleo680 280
Nostra Terra reduces loss as revenues and production rocket

Nostra Terra saw its losses narrow across 2017 as its revenues and production increased, according to the company’s 2017 financial results released on Monday.

04 Jun
drilling oil onshore
Union Jack Oil's shares jump after 12.5% acquisition in Wressle discovery

Shares in onshore hydrocarbon production, development and exploration company Union Jack Oil jumped on Monday after the company said it had acquired a further 12. 5% in the PEDL180 and PEDL182 licences in North Lincolnshire.

01 Jun
offshore north sea oil drilling premier oil
Commodities: WTI drops amid rising US dollar, American crude exports

Commodities were slightly weaker at the end of the week, with traders pushing West Texas Intermediate crude oil futures lower on the back of a stronger US dollar and rising US oil output.

01 Jun
Mining
Asiamet adds non-executive director in 'first of several new appointments'

Asiamet Resources announced on Friday that Dominic Heaton has been appointed to the role of non-executive director, effective 26 June, and the company said there will be further changes to come.

01 Jun
offshore north sea oil drilling premier oil
i3 Energy sets sights on first oil as losses widen

Oil and gas production and development firm i3 Energy announced on Friday that it remains focused on the development of the North Sea Liberator field, as the company reported widening losses.

01 Jun
Breedon acquires Scottish borders quarry and concrete plant

Construction materials firm Breedon Group has completed the acquisition of Blinkbonny Quarry (Borders) Limited for an undisclosed sum.