Deltic’s largest shareholder backs board’s attempt to ward off hostile takeover
Deltic Energy’s largest shareholder has backed the company’s efforts to stave off a hostile takeover bid from London-listed energy investment firm Reabold Resources.
Michael Spencer
Cluff, Innoson win Sierra Leone blocks
Sierra Leone has provisionally awarded licences to Cluff Energy Africa and Innoson Oil and Gas, following the conclusion of its fourth licensing round.
UK billionaire pulls insider-trading case against oil exec
An investment firm controlled by British billionaire Michael Spencer reached an 11th-hour settlement with an oil executive and his wife in a case that saw insider-trading accusations fly and the threat of a private prosecution.
Tory donor Spencer to buy another chunk of Cluff
Entrepreneur and philanthropist Michael Spencer will further increase his stake in North Sea oil firm Cluff Natural Resources (CLNR).
Tory Party backer increases stake in Cluff
Entrepreneur and philanthropist Michael Spencer has increased his stake in North Sea oil firm Cluff Natural Resources.
Tidal project worth £21million
A former Royal Navy marine engineer and diver who launched his energy industry consultancy business in Aberdeen nearly 30 years ago is helping to deliver Indonesia’s first commercial-scale, tidal-energy scheme.