LONDON (Alliance News) - Ophir Energy PLC Thursday said it has signed a non-binding letter of intent with Petrofac Ltd to be the operator of its proposed gas development in Equatorial Guinea. The oil and gas exploration company said services are to include preparing and issuing the Field De Read More
LONDON (Alliance News) - Stock markets are lower across Europe and the euro is also weaker, following a disappointing round of European PMI data. Investor sentiment has turned negative Thursday following the unexpectedly large contraction in the Chinese HSBC manufacturing PMI, and reinforced expe Read More
LONDON (Alliance News) - Petrofac Ltd Thursday said it has been awarded a contract by BP, worth roughly USD1.2 billion for work at the central processing facility for the Khazzan gas project in Oman. The major oil and gas engineering company said the contract is for engineering, procurement Read More
LONDON (Alliance News) - Petrofac Limited PLC Tuesday said Chief Financial Officer Tim Weller bought 10 partnership shares at a price of GBP13.19 per share under the company share incentive plan Monday. Shares in the oil and gas company were trading up 1.0% at 1,330.51 pence Tuesday morning Read More
LONDON (Alliance News) - UK stock indices have struggled to get off the ground Friday, while major European markets have performed better after surprisingly strong Eurozone GDP data. Meanwhile US macro data has disappointed, adding to dollar weakness and allowing the pound to rally to a multi-yea Read More
LONDON (Alliance News) - The pound is trading close to a three-year high against the dollar Friday, while the main UK stock indices are just marginally higher. In a quieter day for corporate earnings, the main market focus of the morning has been European fourth-quarter GDP data, which has been s Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Petrofac</strong>, up 2.7%. Petrofac shares have been on a downward trend over the Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JPMORGAN RAISES LLOYDS TO 'OVERWEIGHT' ('NEUTRAL') - TARGET 95 (84) PENCE <br />----------<br />SOCGEN RAISES LLOYDS PRICE TARGE Read More
LONDON (Alliance News) - Shares have opened mixed in London Friday, with blue-chips lagging mid- and small-caps despite <strong>Anglo American</strong> and <strong>Coca Cola HBC</strong> both reporting swings to profit in 2013. Anglo American is up 1.7% at the open, while Coca Cola HBC is down Read More
LONDON (Alliance News) - Bank of England Governor Mark Carney Wednesday said the central bank still thinks interest rates will have to remain where there are for some time for come, as he changed the bank's trigger for discussing rate rises to the takeup of "spare capacity" in the economy rath Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Babcock International</strong> Group, up 2.4%. The company has confirmed its jo Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Tullow Oil</strong> PLC said its pretax profit fell significantly in its recent full year, due to lower disposal gains and higher expl Read More
LONDON (Alliance News) - Petrofac Ltd Wednesday said it has received an award notification for Kuwait National Petroleum Co's Clean Fuels Project at the Mina Abdulla refinery in Kuwait. The major oil and gas services company said the award was given to its joint venture with Samsung Enginee Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN STARTS VODAFONE WITH 'BUY' - PRICE TARGET 275 PENCE <br />----------<br />MORGAN STANLEY RAISES ASTRAZENECA PRICE TARGET Read More
LONDON (Alliance News) - Petrofac Limited Thursday said Chief Financial Officer Tim Weller bought nine partnership shares under the company share plan at a price of GBP12.695 per share Wednesday. Shares in the oil and gas company were quoted at 1,251.58 pence up 4.42p Thursday morning. < Read More