The Mail on Sunday's business section splash was rather well timed.
Luke Barr and Francesca Washtell, two hard working young Mail hacks, ran a piece about how BP had come under fire from all quarters about its 20pc holding in Russian oil group Rosneft. Then several hours later the FTSE 100 oil giant announced its going to sell its whole stake in the business. Below is a link to Barr and Washtell's piece:..
Betaville counts five this week. That's five bosses of Britain's top companies that have announced their departures or resginations, including this morning's news about the retirement of Bob Dudley, chief executive of FTSE 100-listed giant BP.
Below is the link:..
Aim-listed Sirius Petroleum is in talks with investors about raising between $10 million and $20 million.
Sirius - which Betaville revealed several months ago had secured an offtake agreement with FTSE 100 oil giant BP - is looking to raise up to $12.5 million via an equity fundraising, said sources familiar with the matter...
For some reason Betaville still has its doubters. Indeed, often when Betaville publishes scoops and scoopettes this website's inbox is flooded with all sorts of disparaging notes expressing doubts about the veracity of my tales. ..
Oh look - Sirius Petroleum has finally confirmed my scoopettes about its financing discussions with FTSE 100 oil giant BP. Here is the link:
Here is an interesting snippet about a rather large oil company backing an AIM-listed tiddler.
City sources have told little old Betaville that BP is in advanced negotiations to provide Sirius Petroleum with a debt financing package that should enable the business to to fund the drilling prgramme for the Ororo oil field offshore Nigeria and also look at other assets...
There were a couple of pieces that caught my eye in today's Sunday newspaper business sections.
Most intriguing was a comment piece written by Iain Dey, business editor of The Sunday Times, about how Exxon Mobil might rekindle its interest in FTSE 100-listed oil giant BP. Regular Betaville readers will know this is a topic little old Betaville has broached in the past. Anyway, if you missed Iain's excellent column I have pasted the link below:..
There is plenty going on in M & A land at the moment but below is today's clip looking back over the weekend's scoops and, potentially, some other deals coming down the pipeline...
http://tiptv.co.uk/bovis-homes-unofficially-sale-betaville/..