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  Reuters

  Ophir to borrow $1.2 billion from Chinese banks for Fortuna floating LNG

  British oil and gas explorer Ophir Energy plans to borrow $1.2 billion from Chinese banks to back the development of its Fortuna floating liquefied natural gas (FLNG) export project in Equatorial Guinea. The project is set to be cleared at the end of June, while the buyer of the LNG and the financial structure underpinning the scheme should be announced by the end of this month, Ophir Energy CEO Nick Cooper said on Monday. The choice of Chinese banks reflected the unwillingness of Western inst

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  Reuters - UK Focus

  UPDATE 1-Ophir to borrow $1.2 bln from Chinese banks for Fortuna floating LNG

  British oil and gas explorer Ophir Energy (Other OTC: OPGYF - news) plans to borrow $1.2 billion from Chinese banks to back the development of its Fortuna floating liquefied natural gas (FLNG) export project in Equatorial Guinea. The project is set to be cleared at the end of June, while the buyer of the LNG and the financial structure underpinning the scheme should be announced by the end of this month, Ophir Energy CEO Nick Cooper said on Monday. The choice of Chinese banks reflected the un

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  Reuters - UK Focus

  Ophir Energy's Fortuna FLNG project taps Chinese banks for $1.2 billion

  British oil and gas explorer Ophir Energy (Other OTC: OPGYF - news) will tap Chinese banks for $1.2 billion in loans to underpin development of its Fortuna floating liquefied natural gas (FLNG) export project in Equatorial Guinea, its CEO Nick Cooper said on Monday. The project is set to be cleared at the end of June, while the buyer of the LNG and the financial structure underpinning the scheme should be announced by the end of this month, Cooper (Taiwan OTC: 6401.TWO - news) said at an indu

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  News

  The Independent

  Scam Greek holiday website 'stole' villas and even staff from genuine firms

  A scam villa rental website preying on bargain-hunting holidaymakers has been shut down after pressure from The Independent. The site, cycladesrentals.com, was the latest attempt at defrauding travellers using images taken from genuine websites. The fraudsters had even set up a pay-per-click arrangement with Google for key words such as “Santorini villas”.

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  News

  Evening Standard

  Travellers warned after surge in ‘fake’ booking websites for holiday villas

  Holidaymakers were urged today to be wary of “fake” booking websites that are fleecing customers of significant sums of money. Several new alleged scams have been detected this month after hundreds of travellers were taken in by similar sites last year, the boss of a leading holiday booking website today warned. Nick Cooper, founder and co-owner of Villa Plus, said cyber-criminals were again targeting holidaymakers by fraudulently advertising homes and taking cash for bookings.

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  News

  The Independent

  Five anti-Trident protesters found guilty after blockading nuclear bomb factory

  Five anti-Trident protesters have been found guilty of blockading a nuclear weapons manufacturing facility – days after new concerns were raised about the safety of Britain’s Trident nuclear missiles. The protesters, who barred the entrance to Burghfield Atomic Weapons Establishment in Berkshire in June of last year, were from the Christian group Put Down the Sword / Trident Ploughshares. Trident mounted nuclear warheads are assembled at Burghfield, which has been the site of repeated demonstr

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