-- Oil and Gas Development Co Ltd (OGDC.L), d/b/a OGDCL, received the 10th of 12 monthly interest payments of 7.73 billion Pakistani rupees from Power Holding (Private) Ltd under the Pakistan government's circular debt settlement plan.
The state-owned power company will pay a total of 92 billion rupees in interest to the London-listed Pakistani oil and gas company, according to a Friday release.
Japan Airlines (TYO:9201) will post a net profit of 110 billion yen for the year ending March 2027, down 20% year on year, while revenue will rise to 2 trillion yen, according to a Thursday statement.The carrier said global travel demand and fuel costs remain uncertain amid geopolitical tensions, including the Iran conflict, which has pushed up jet fuel prices.For the year ended March 2026, Japan Airlines posted a net profit of 137.6 billion yen on revenue of 2.01 trillion yen. The company also said it will take an 18% stake in Lifenet Insurance as part of efforts to expand non-aviation revenue.
Beetaloo Energy Australia (ASX:BTL) is set to resume flow testing at its Carpentaria-5H gas well in the Northern Territory during the second quarter, according to a Thursday filing with the Australian bourse.The company said it ended the first quarter with a liquidity position of AU$14.3 million, including AU$7.5 million in cash and AU$6.8 million in undrawn funding.Beetaloo Energy shares gained 3% in recent Thursday trade.
Sun Silver (ASX:SS1) said an additional 427 lode claims were staked to the north and south of the existing boundary of the Maverick silver project in Nevada during the March quarter, representing a 219% increase in total landholding, according to a Thursday Australian bourse filing.Drilling over the March quarter continued to confirm the continuity, quality, and scale of silver-gold mineralization at the Maverick project.Four diamond core drill rigs were mobilized on site as part of the drilling program. It is targeting the completion and release of a maiden scoping study at the project in the December quarter and the completion and release of a prefeasibility study in the June 2027 quarter.Its shares fell 5% in recent trading on Thursday.