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UK: NSTA declines Orcadian s request to extend Phase A of Licence P2320

Orcadian Energy has announced that the North Sea Transition Authority ( NSTA ) has declined Orcadian’s request to extend Phase A of Licence P2320. As a consequence the Licence determined (expired) on 14 May 2023. In addition, the potential disposals of interests in sub-areas of the licence to Rapid Oil and Carrick Resources will not now proceed.

Stocks mostly up, but US budget impasse worries

(Alliance News) - Stock prices in London were largely higher at midday on Monday and the pound held firm against the dollar, with the FTSE 100 boosted by a strong performance by mining stocks. The FTSE 100 index was up 37.74 points, or 0.5%, at 7,792.3. | 07:24am

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