(Alliance News) - Stocks in London are set to open lower on Wednesday, as investors nervously wait for a US inflation print, as higher oil prices stoke fears of rising prices. Read More
(Alliance News) - BP PLC said on Tuesday that Chief Executive Bernard Looney has resigned "with immediate effect", after admitting that he had not been "fully transparent" about historical relationships with colleagues. Read More
(Alliance News) - BP PLC said on Tuesday that its chief executive Bernard Looney had resigned "with immediate effect", after admitting that he had not been "fully transparent" about historical relationships with colleagues. Read More
BP PLC - London-based oil major - Agrees to buy the entire output of liquefied natural gas from Woodfibre LNG, a Vancouver-based subsidiary of Pacific Energy Corp Ltd. BP signs a third long-term LNG offtake contract with Woodfibre LNG, which is building an LNG export facility at Woodfibre pulp mill site near Squamish, British Columbia. The new contract is for offtake of 450,000 tonnes of LNG per year for 15 years on a free-on-board basis. This means BP will buy a total of 1.95 million tonnes of LNG per year from Woodfibre, all of the LNG production from the new facility. BP also will provide transportation of gas for processing to the Woodfibre LNG export facility. Read More
(Alliance News) - The FTSE 100 closed higher on Friday, as investors digested a mixed US jobs report, which has raised expectations that the US Federal Reserve will hold rates steady at its next meeting. Read More
(Alliance News) - The FTSE 100 opened higher on Friday as investors hoped that US jobs data later in the day would seal the deal on the Federal Reserve holding interest rates steady at its next meeting. Read More
(Alliance News) - Blue-chip European markets ended higher on Friday but faced afternoon selling pressure as slightly hawkish words from Federal Reserve Chair Jerome Powell at Jackson Hole hurt investor sentiment. Read More
(Alliance News) - Stock prices in London opened mixed on Friday, with the FTSE 100 seeming cautiously optimistic ahead of key speeches from central bankers, while the FTSE 250 was weighed down by developments at Watches of Switzerland and CMC Markets. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - Stocks in London are expected to add to Tuesday's gains at Wednesday's market open, having snapped a seven-day losing streak. Read More
(Alliance News) - Shell PLC and BP PLC are among 12 oil firms who have been accused of greenwashing over the amount of renewable and low-carbon energy they produce. Read More
(Alliance News) - The bosses of Britain's biggest companies saw their pay surge by 16% last year as most workers saw their pay packets outstripped by inflation, according to new research. Read More
(Alliance News) - Stock prices in London opened mixed on Monday, as shares in housebuilders came under renewed pressure, following disappointing house price data and a concerning update from midcap-listed Crest Nicholson. Read More
(Alliance News) - BP PLC on Tuesday said venture capital arm, bp ventures, led a USD12.5 million financing round for Advanced Ionics, a US-based developer of electrolysers for green hydrogen production. Read More
(Alliance News) - Worries for China's property market soured the mood at the start of the week, with the FTSE 100 hit badly thanks to its natural resources sector, although peers in Europe and equities in New York fared better. Read More
(Alliance News) - In the absence of positive catalysts, stock prices in London took their cue from weak trading in Asia, starting the week in the red at Monday's market open. Read More
(Alliance News) - Egdon Resources PLC on Monday said it has exercised its farm-in option for the onshore production licence PL081 in the UK North Sea under its agreement with York Energy (UK) Holdings Ltd in early February. Read More
(Alliance News) - BP PLC on Thursday said it is investing in Dynamon, signing a commercial agreement for the latter to optimise lower emission solutions for fleets. Read More
(Alliance News) - Three major international oil companies have announced a resumption of their operations in Libya after a 10-year absence, the Libyan National Oil Company said on Thursday. Read More