Michael Hennessey
Business Reporter at Alliance News
former editor @varsityuk | words @business @thetimes @telegraph @dailymirror
Articles
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1 week ago |
marketscreener.com | Michael Hennessey
(Alliance News) - BP PLC on Monday said it has discovered oil at the Far South prospect in the Gulf of Mexico. The London-based oil and gas producer said the exploration well is located around 120 miles off the coast of Louisiana in 4,092 feet of water. The well was drilled to a total depth of 23,830 feet. BP said the initial well and later sidetrack found oil in "high-quality Miocene reservoirs" with a "potentially commercial volume of hydrocarbons".
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1 week ago |
marketscreener.com | Michael Hennessey
(Alliance News) - Cerillion PLC on Monday said it expects to report lower earnings in the first half of its financial year due to delayed licence renewals, but it still expects to meet market expectations for the full year. Cerillion is a London-based billing, charging and customer relationship management software solutions provider. It expects to report revenue of GBP20.9 million in the six months to the end of March, down 7.1% from GBP22.5 million in the first half of the 2024 financial year.
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1 week ago |
morningstar.co.uk | Michael Hennessey
(Alliance News) - Cerillion PLC on Monday said it expects to report lower earnings in the first half of its financial year due to delayed licence renewals, but it still expects to meet market expectations for the full year. Cerillion is a London-based billing, charging and customer relationship management software solutions provider. It expects to report revenue of GBP20.9 million in the six months to the end of March, down 7.1% from GBP22.5 million in the first half of the 2024 financial year.
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1 week ago |
in.marketscreener.com | Michael Hennessey
(Alliance News) - Bushveld Minerals Ltd on Friday said it has appointed liquidators and will cancel trading of its share on AIM. The vanadium producer operating the Vanchem and Vametco processing facilities in South Africa said the board has been exploring options to realise value from the group assets, including whether any amount would be repayable following the conclusion of business rescue proceedings.
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2 weeks ago |
uk.marketscreener.com | Michael Hennessey
(Alliance News) - Ondo InsurTech PLC on Friday said it expects to report higher revenue for the 2025 financial year as its number of registered customers grew. The London-based claim prevention technology firm for home insurers said revenue for the 12 months to the end of March was not less than GBP3.8 million, up 40% from GBP2.7 million in the 2024 financial year. The number of registered customers has increased by 59% to 151,000 at the end of March from 95,468 customers a year ago.
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