logo-loader

Investor Update: Block Energy signs sales agreement for its West Rustavi gas

Headlines from the Proactive UK newsroom.

Block Energy (LON:BLOE) has signed a sales agreement with one of the largest private gas suppliers and purchasers in Georgia. Bago will purchase gas produced from the West Rustavi field at a price of US$5.24 per thousand cubic feet.

Kibo Energy (LON:KIBO) has formed a partnership with Italian engineering firm AB Group to build flexible power plants in the UK. Kibo said it was a critical step towards delivering a fully operational site at Bordesley by end of the first quarter of 2020.

Sound Energy (LON:SOU) has signed a memorandum of understanding to sell gas from its Tendrara licences to Morocco’s state power company. A detailed gas sales agreement is still under negotiation.

An enhanced primer developed by Applied Graphene (LON:AGM) for paint group James Briggs is to be stocked by Halfords in its chain of 465 stores. The primer will also be available on Amazon and Tetrosyl Express - the UK’s largest supplier of car care, parts and accessories. 

Next’s third quarter sales rose by 2 % over last year, which was slightly ahead of guidance and helped by another good performance online. Year to date, full price sales increased 3.5% and the clothing retailer maintained guidance for sales and profit.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Block Energy PLC named herein, including the promotion by the Company of Block Energy PLC in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Benchmark Holdings focused on making core business 'commercially profitable'

Benchmark Holdings PLC's (LON:BMK) CEO Trond Williksen and CFO Septima Maguire says they're pleased with what's been achieved with its restructuring programme following the sales of FishVet and Improve International. Williksen says it demonstrates their ability to execute and deliver on its...

14 hours, 46 minutes ago

2 min read