Resources & environment

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ITM Power

Key strategic partnerships power the growth profile

ITM Power is a pureplay manufacturer of electrolysers, which are used to produce hydrogen from renewable energy and water. It is central to the energy transition. Key strategic...

Tullow Oil

Trading statement

Tullow Oil’s trading statement provides an update on operating performance in 2020, an outlook for 2021 and an update on discussions with creditors. The increased oil price since the...

Kenmare

Q4 production and guidance update

Kenmare’s Q4 2020 production and shipment volumes were both positive and 2021 volume guidance is slightly above our forecasts. The contribution from mining the Pilivili ore zone...

Kenmare

Settling in nicely

An operational update by Kenmare reports that after its successful move to the new zone at Pilivili, the B plant has settled in well and is producing heavy mineral concentrate (HMC) in...

Providence Resources

Deal hits the spot

Providence has announced the signing of a farm-out agreement for half of the 80% share it currently holds in the Barryroe field off the south coast of Ireland. The agreement includes...

Tullow Oil

Sensible outlook

The script for Tullow’s Capital Markets Day (CMD) looks sensible and grounded. The messaging is focused on maximising cash flows from West African operations and maximising operational...

Tullow Oil

Totally committed to reducing debt

The news that the Ugandan government had signed off on tax arrangements, licence transfer and change of operatorship effectively brings to a successful conclusion the sale of...

Providence Resources

Collecting carbon

These are very difficult times for the conventional oil and gas industry. Although its business mandate is to provide energy, it also needs to adapt to a world where carbon-based...

Tullow Oil

Debt test passed

The passing of the second debt re-determination this year is encouraging. It removes an element of uncertainty and allows Tullow to continue to focus on adapting to the current low oil...

Providence Resources

Funded and waiting to complete farm-out

Providence’s H1 2020 result reported the funding put in place to complete a Barryroe farm-out deal offshore Ireland. Completion of the farm-out is scheduled for the coming months. If...