CEG

Challenger Energy

Uruguay poised to probe for offshore oil

The discovery of offshore oil has changed the fortunes of many countries, with Guyana the most recent example: the South American nation is the economy with the highest growth rate

Challenger Energy

Oil prices rise as tight supply back in focus

Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of further rate hikes that

Challenger Energy

Oil climbs on supply concerns

Oil prices rose for a third straight session on Monday, buoyed by forecasts of a widening supply deficit in the fourth quarter after Saudi Arabia and Russia extended cuts and

Challenger Energy

Oil jumps 2% to near 10-month high

Oil prices jumped about 2% to a near 10-month high on Tuesday on a tighter supply outlook and OPEC optimism over the resilience of energy demand in major economies. Brent

Challenger Energy

Challenger Energy gets £3.3 million facility

Challenger Energy Group PLC on Wednesday said it secured a £3.3 million funding facility, initially drawing down £550,000. This was alongside announcing an extension of completing the sale of an

Challenger Energy

Challenger Energy secures additional funding

Challenger Energy Group plc (LON:CEG) has provided the following update. Highlights ·    Establishment of a £3.3 million convertible loan note funding facility, to: ·    support business development, in particular continuing with accelerated

Challenger Energy

Oil prices rise today

Despite a second consecutive week of decline, oil prices rose slightly on Friday, with Brent crude up 0.4% at $83.66 a barrel and U.S. West Texas Intermediate crude up 0.4%