Dana strikes black gold in the North Sea July 14, 2010 Dana Petroleum has struck oil at its Blackbird oil field in the central North Sea. Aberdeen-based Dana said analysis had indicated 75ft of good quality oil bearing reservoir sands. Blackbird is in the same licence area as Ettrick, an oil field which has been producing up to 22,000 barrels of oil per day since August [...]
CITY MOVES | WHO’S SWITCHING JOBS July 14, 2010 Macquarie Capital Advisors The corporate advisory group has appointed Marc Middleton, left, as vice chairman of its European advisory business and Ian Brimecome as executive chairman of its European financial institutions group (FIG). Middleton formerly spent 24 years at NM Rothschild, including eight as global head of the telecoms group. Brimecome became a senior adviser [...]
BEST OF THE BROKERS July 14, 2010 PENNON UBS has downgraded Pennon from “buy” to “neutral” but maintains its 565p target price. UBS said that it has seen infrastructure funds continue to raise cash and with credit conditions improving, it sees all UK water stocks as potential M&A targets. However, apart from this it sees little fundamental upside in Pennon currently. ITV [...]
The rising stars of London’s wine scene July 14, 2010 REMEMBER the old days, when you’d sit down in a posh restaurant and a scary-looking French man with a handlebar moustache would sidle over to you with a book the size of the bible? Well, times have changed, and a gaggle of young studs and studettes have taken over London’s best wine lists. Well under [...]
A very Moghul drama July 14, 2010 EMPIRE OF THE MOGHUL: BROTHERS AT WAR BY ALEX RUTHERFORD Headline £18.99 by Verity Pugh THE Moghul dynasty, which spanned the 16th to 18th centuries in South Asia, is in itself like a work of fiction. Its turbulent history is rich with tales of great emperors, passion, deceit and violence. Diana and Michael Preston (pen-name [...]
Is snubbing a colleague on holiday okay? July 14, 2010 DEAR VEXED: It turns out a close colleague and I have booked a week’s holiday in the same resort in France, each of us with a group of friends. She’s really keen to hang out when we’re there but all I want to do is forget work – plus, we’re not really close friends. What [...]
Little black book: the Wharf’s new hotspots July 14, 2010 CANARY Wharf may have gleaming skyscrapers but it hasn’t exactly led the way with high quality bars or top-end members clubs (and no, Brodies doesn’t count). Most serious financiers have stayed put in their own private dining rooms rather than venture to street level, unless a driver is eagerly waiting with a TomTom pre-programmed to [...]
Golden oldie Tom looks to go one better July 14, 2010 TOM WATSON is out to re-write the Open history books at St Andrews this week – at the age of 60. The American legend came within a whisker of becoming the oldest Open champion 12 months ago when he lipped a nine-foot putt on the final green at Turnberry before losing to Stewart Cink in [...]
Woods gets advice from Faldo on how to win back fans July 14, 2010 FORMER Open champion Sir Nick Faldo has offered troubled world No1 Tiger Woods advice on how to repair the damage to his public image. Woods, who starts his quest for a third Claret Jug this morning, has seen his name dragged through the mud since revelations about his infidelity emerged last year. But Faldo, whose [...]
Hard work starts here for Capello July 14, 2010 THE Football Association have one almighty PR exercise on their hands if they are to generate interest for England’s friendly with Hungary on 11 August. After leading a dismal World Cup campaign, I feel it’s down to coach Fabio Capello to come out and shoulder the blame, while assuring fans of a brighter future. If [...]
