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Company News
10 Jan
meeting, takeover, talks, bid, merger, acquisition, board
Petroneft Resources appoints Karl Johnson as chief executive

Oil and gas exploration outfit Petroneft Resources tapped non-executive director David Sturt as its next chief executive on Thursday, taking over from interim CEO Karl Johnson.

10 Jan
offshore north sea oil drilling premier oil
Premier Oil cuts more debt than forecast

Premier Oil said on Thursday said had cut debt to $2. 3bn at the end of 2018, below previous forecasts of $2. 4bn, a $390m reduction on 2017.

10 Jan
Card Factory, retailing, gifts
Card Factory sales fall 0.5% over Xmas; says 2020 will be 'difficult'

Greeting card retailer Card Factory said like-for-like sales over Christmas fell 0. 5%, reflecting continuing weakness in consumer demand, as it warned 2020 would be “another difficult year”.