(Alliance News) - The FTSE 100 closed lower on Friday, despite a bright start on Wall Street, hit by a fall in Guinness maker Diageo and weak housebuilders. Read More
(Alliance News) - The FTSE 100 was down slightly around midday on Friday, consolidating Thursday's strong gains, as gains in oil majors offset weak housebuilding and mining stocks. Read More
(Alliance News) - London's FTSE 100, fresh from a stellar start to the year, surrendered some of that progress on Friday morning, following mixed trade in Asia and a weak close on Wall Street. Read More
(Alliance News) - London's FTSE 100 made an impressive start to the new year, shrugging aside drab manufacturing data, lifted by rising oil majors, gold miners and retailers. Read More
(Alliance News) - Stocks in London were mixed around midday on Thursday with rising commodity prices boosting gold miners and oil majors, helping to offset falls for banks and airlines. Read More
Kosmos Energy Ltd - Africa focused gas and oil exploration company - Notes statement by operator BP PLC on Thursday that first gas production has been achieved at Greater Tortue Ahmeyim liquefied natural gas project offshore Mauritania and Senegal. Says first gas is a key milestone for the partnership and governments of Mauritania and Senegal. Anticipates that first LNG production will follow shortly, with first LNG cargo expected in the first quarter of this year. Adds that once fully commissioned, GTA phase one is expected to produce around 2.3 million tonnes of LNG per year. Read More
(Alliance News) - London's FTSE 100 made a decent start to the new year, with gold miners and oil majors leading the way in early dealings. Read More
(Alliance News) - Stock prices in London closed lower on Monday, in a tepid final full trading day of the year, while equities in New York tumbled as a retreat from tech shares continued. Read More
(Alliance News) - London's FTSE 100 underperformed against European peers in a quiet final Friday of the year, as eyes were on fashion retailers in the wake of the Christmas period. Read More
(Alliance News) - BP PLC and Abu Dhabi National Oil Co's international investments arm XRG on Monday said they have closed a deal for a new natural gas joint venture in Egypt. Read More
(Alliance News) - The FTSE 100 was called to open lower on Monday as markets digest the latest sales and production data from China, kicking off the last full week of trading this year. Read More
(Alliance News) - Stock prices in London closed lower on Friday, with US import and export prices showing sharp increases and the UK government planning new measures to support onshore wind farm projects. Read More
BP PLC - London-based oil major - Tells holders of its American depositary shares that they should reject an offer for their shares from TRC Capital Corp, citing a below-market offer price and "disadvantageous" terms. BP says it is "in no way associated with TRC" and the mini-tender offer is unrelated to its own share buyback programme. TRC is offering to buy 4.0 million ADSs of BP at USD27.95 per ADS, according to BP, saying the offer was launched back on November 19 but it was only informed this week. The price offered by TRC represented a 5.0% discount to the ADS price the day before of USD29.42. They closed on Tuesday in New York at USD30.10. Each ADS represents six BP shares, so 4.0 million ADSs would represent 24.0 million shares, a 0.1% stake. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Miners and oil majors gave London's FTSE 100 a lift on Monday on optimism a stimulus package in China would revive the fortunes of the world's second-largest economy. Read More
(Alliance News) - BP PLC announced Monday it will "significantly reduce" investment in renewable energy through to 2030, as it combines its offshore wind business with that of Tokyo-based power company Jera Co Inc. Read More
(Alliance News) - BP PLC on Monday announced it is teaming up with Tokyo-based JERA Co Inc to combine their offshore wind businesses to form a new joint venture. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
John Wood Group PLC - Aberdeen, Scotland-based oilfield and engineering services provider - Signs three "major agreements" with oil major BP PLC for engineering and project delivery services. Does not give any financial details of the contracts but says they consist of one new three-year deal and three-year extensions of two others. They cover a new master services agreement for engineering, procurement and construction management services and the extension of contracts for conceptual engineering and front end engineering and design services. Read More