(Alliance News) - Stocks in London closed in the green on Monday, with the FTSE 100 boosted by a positive session for oil majors, while the pound was stronger after a policy U-turn from the UK government. Read More
(Alliance News) - Stock prices in London were lower at midday on Monday, but eased from steeper losses, while the pound was supported by a tax policy U-turn from UK Chancellor Kwasi Kwarteng. Read More
(Alliance News) - BP PLC on Tuesday said it signed a memorandum of understanding for the development of a network of electric vehicle charging stations with Hertz Corp for North America. Read More
Kosmos Energy Ltd - oil and gas producer focused on Ghana, Guinea and the US Gulf of Mexico - Says earlier this month, partner BP PLC informed Kosmos that the floating production, storage and offloading vessel being built for the pair's Greater Tortue Ahmeyim project was unmoored by a storm. The FPSO, being built in a shipyard in Qidong, China, drifted 200 meters off the quayside after mooring lines became compromised during Typhoon Muifa. Kosmos has now been informed by BP that the FPSO has been returned to the quayside of the COSCO shipyard in China. Says inspections conducted to date have not identified any serious damage. Plans to give a further project update alongside its third quarter results in early November. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More
(Alliance News) - European markets suffered on Friday, closing a week dominated by central banks firmly in the red, as the UK's new economic direction sank the pound to a thirty-seven-year low. Read More
(Alliance News) - European equities were heavily sold off once again on Friday, with markets unable to shake off interest rate hike worries, which have battered stocks for most of this week. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
SDX Energy PLC - London-based oil and gas company - Michael Doyle steps down as chair with immediate effect. Doyle will be replaced by Independent Non-Executive Director Tim Linacre on a temporary basis. A process is underway to appoint a permanent chair as well as an extra non-executive director. SDX also appointed Krzysztof Zielicki as new non-executive director. Zielicki has over four decades of experience in the oil and gas industry with senior leadership positions at BP PLC and Russia's Rosneft, where he was vice president for M&A and Strategy. Read More
(Alliance News) - Rolls-Royce Holdigns PLC on Tuesday said it has hired Jorg Stratmann as its new chief executive of Rolls-Royce Power Systems AG. Read More
Kosmos Energy Ltd - oil and gas producer focused on Ghana, Guinea and the US Gulf of Mexico - Says partner BP PLC informs Kosmos that the floating production, storage and offloading vessel being built for the pair's Greater Tortue Ahmeyim project was unmoored by a storm. The FPSO being built in a shipyard in Qidong, China, drifted 200 meters off the quayside after mooring lines became compromised during Typhoon Muifa. Kosmos says the vessel is being returned to the quayside, and the cost of this and any potential damage is expected to be covered by insurance. The Greater Tortue Ahmeyim project is offshore Mauritania and Senegal in west Africa and is operated by BP. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - The mood remained downbeat at the end of a sour week for global equities, after data dashed hopes that US inflation is easing fast enough to warrant less aggressive interest rate hikes by the Federal Reserve. Read More
(Alliance News) - BP PLC announced on Monday that will acquire, through its American division, power and gas provider EDF Energy Services. Read More
(Alliance News) - Stocks in London opened higher on Thursday morning as investors awaited an important interest rate decision from the European Central Bank, while a warning of surging costs dented shares in Associated British Foods. Read More
BP PLC - London-based oil major - Electric vehicle charging business Amply Power will now operate under the name bp pulse. Under BP's global electrification brand, Amply's products and services will expand to new regions. The rebranding introduces bp pulse to the US and wider Americas, BP adds. Read More
(Alliance News) - London's FTSE 100 underperformed in a lacklustre session on Wednesday, with share price falls for oil majors offsetting gains for energy suppliers, while the pound slumped to its lowest level in 37 years. Read More
(Alliance News) - BP PLC on Wednesday said it has agreed to sell its upstream business in Algeria to Eni SpA, for an undisclosed amount. Read More
(Alliance News) - Stocks in London opened in the red on Wednesday morning as disappointing economic data from China hit FTSE 100 mining stocks and new data in the UK showed house price growth slowing in August. Read More