(Alliance News) - Eni Spa on Friday said it is combining its Angolan assets with BP PLC's to create a new 50/50 joint venture called Azule Energy. Read More
(Alliance News) - With a strong domestic oil industry and the ability to ramp up shale production, the US is unlikely to suffer the same energy price inflation as Europe. This could lead to a "return to US exceptionalism" in terms of economic performance, Ruffer Investment Co Ltd commented on Thursday. Read More
(Alliance News) - Stocks in London ended higher on Tuesday even as US President Joe Biden announced the ban on US imports of Russian oil in his most far-reaching action yet to punish Moscow for invading Ukraine. Read More
(Alliance News) - Stocks in Europe rose tentatively Tuesday morning, shaking off Wall Street's slump on Monday, but trading remained highly susceptible to headlines from the war in Ukraine. Read More
(Alliance News) - Stocks in London ended lower on Monday amid ongoing concerns about the Russian invasion of Ukraine that has sent global oil prices soaring. Read More
(Alliance News) - Stocks in London were struggling at the start of the new week with the fallout from Russia's invasion of Ukraine sending commodities to record levels and equities - particularly travel, banking and retail shares - in the other direction. Read More
(Alliance News) - Stock markets in Europe sunk at the open on Monday, with the FTSE 100 outperforming its mainland peers, as Russia's invasion of Ukraine continues to send investors into safe-haven assets such as gold, while crude prices spiked on worries that Russian oil will be banned. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - European equities closed higher on Wednesday, snapping a two-day losing streak at the start of the week, though stocks with links to Russia largely continued to fall as the conflict in Ukraine continues. Read More
(Alliance News) - Stock prices in London were higher at midday on Wednesday as the FTSE 100's oil majors benefit from higher crude prices which have soared following Russia's invasion of Ukraine and the West's response. Read More
(Alliance News) - Stock prices opened higher on Wednesday as surging oil prices lifted Shell and BP and investors continued to monitor the disturbing battle between Russia and Ukraine. Read More
(Alliance News) - Glencore PLC on Tuesday said it is reviewing its business activities in Russia, including its holdings in energy and metals company En+ Group PLC and oil firm Rosneft. Read More
(Alliance News) - British Gas-owner Centrica PLC on Tuesday said it intends to exit its gas supply agreements with its Russian counterparts, including energy giant PJSC Gazprom following the invasion of Ukraine. Read More
(Alliance News) - Oil major Shell PLC's decision to cut ties with Russia is likely to place increased pressure on rivals TotalEnergies SE and Exxon Mobil Corp to follow suit. Read More
(Alliance News) - abrdn PLC has so far struggled to find a buyer as it bids to offload its stake in Russian oil firm Rosneft, Sky News reported on Monday. Read More
(Alliance News) - Shell PLC on Monday said it will exit its joint ventures with Russian energy giant PJSC Gazprom and also its involvement with the Nord Stream 2 pipeline project, following Russia's invasion of Ukraine. Read More
(Alliance News) - BP PLC's exit from Russian state-backed oil firm Rosneft raises questions over the identity of a potential buyer and the wider implications it will have on the oil major's future finances. Read More
(Alliance News) - Stock prices in London were lower at midday on Monday as investors fret about the implications of strict sanctions on Russia after its invasion of Ukraine, even as the two sides started negotiations. Read More