(Alliance News) - Shares in BP PLC rose on Tuesday as the oil major rewarded shareholders with a higher dividend and announced plans for further share buybacks. Read More
(Alliance News) - The FTSE 100 is called to open lower on Tuesday, with nerves creeping into equity markets ahead as a key week for earnings and monetary policy progresses. Read More
(Alliance News) - London's FTSE 100 opened higher on Friday, with NatWest leading the charge, though gains were largely broad-based ahead of a US inflation reading to come. Read More
BP PLC - London-based oil major - Collaborates with Audi AG, a subsidiary of Volkswagen AG, to develop FIA-specified advanced sustainable fuel for Audi's entry into Formula 1 in 2026. FIA stands for Federation Internationale de l'Automobile. It represents the interests of motoring organisations and motor car users. "Under the new partnership, bp and its specialist lubricants business Castrol are proud to help deliver Audi’s ambition to combine technology and innovation to achieve success in Formula 1," BP says. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Stocks in London are called to open lower on Monday, with the US Presidential race hitting a new height with an assassination attempt on Donald Trump. Read More
(Alliance News) - Major indices in Europe edged higher going into Friday afternoon, as investors look ahead of another inflation data reading from the US and some earnings from banking stocks. Read More
Saipem Spa - Milan-based oilfield services company - A consortium consisting of Saipem Contracting Netherlands BV, BOS Shelf LLC and BOS Shelf International FZCO has signed a framework agreement with BP Exploration (Caspian Sea) Ltd, part of BP PLC. The deal entails the execution of offshore activities in the Azerbaijani waters of the Caspian Sea. Saipem will operate the SCV Khankendi vessel and provide the crew for marine activities concerning the Shah Deniz and Azeri-Chirag-Gunashli fields. The consortium will take responsibility for the installation, construction, procurement and installation of subsea infrastructures and life-of-field services. Saipem estimates the overall value of the services to be approximately USD300 million. Of this, USD250 million relates to Saipem's share. Initial agreement has a three-year duration, but may be extended for two more years. Read More
(Alliance News) - Shell PLC on Wednesday said it will invest in a liquefied natural gas project in Abu Dhabi alongside BP PLC, TotalEnergies SE and Mitsui & Co Ltd. Read More
(Alliance News) - European equities declined on Tuesday, with markets uneasy due to fears of a French political impasse, while trade in New York was mixed as investors digested comments from Federal Reserve Chair Jerome Powell. Read More
(Alliance News) - BP PLC shares fell after the oil major said it will book an up to USD2 billion impairment in its second-quarter, and flagged lower refining margins. Read More
(Alliance News) - Stock prices in London opened mixed on Tuesday, with investors awaiting US Federal Reserve Chair Jerome Powell testimony. Read More
(Alliance News) - BP PLC on Tuesday said it expects to take an impairment charge of up to USD2 billion in the second quarter, partly because of the review of refining activities in Germany that it announced in March. Read More
(Alliance News) - Stock prices in London had a muted reaction to France's latest election round, which has seen the country tipped into political deadlock. Read More
(Alliance News) - London's FTSE 100 was on the back foot in early dealings, with barely a handful of its heavyweights in the green, in nervy trade ahead of eurozone inflation and US labour market data. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - BP' PLC's new Chief Executive Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects, Reuters reported, citing sources at the company. Read More
(Alliance News) - The FTSE 100 is called to open higher on Friday, following some confident trade in Asia and a rise for US stocks overnight, and some better UK economic data. Read More