(Alliance News) - IOG PLC on Tuesday said it encountered a well control challenge after drilling at the Blythe H2 well, which could impact the well's expected duration by up to four weeks. Read More
(Alliance News) - Petrofac Ltd revised its guidance for 2022 downward following a review of its portfolio of contracts, with the multi-billion-dollar Thai Oil Clean Fuel joint venture contract proving costly. Read More
(Alliance News) - Stocks in London were called to open higher on Tuesday, after the Reserve Bank of Australia decided to pause interest rate hikes, while Rathbones and Investec agreed a combination to create a UK wealth manager with GBP100 billion in assets. Read More
(Alliance News) - Stock prices in London closed higher on Thursday, as equities continued to rally on the belief that a banking crisis has been averted. Read More
(Alliance News) - Equity markets continued to climb on Thursday at midday in London, with investors confident the threat of a banking crisis has been contained. Read More
(Alliance News) - Petrofac Ltd and Hitachi Ltd have been awarded a wind farm contract by Dutch-German grid operator TenneT worth EUR13 billion, Petrofac said on Thursday. Read More
(Alliance News) - IOG PLC on Monday said it successfully spudded it Blythe H2 well on Sunday, adding it expects to take around three months to drill, complete and hook-up the well. Read More
Powerhouse Energy Group PLC - Bingley, England-based hydrogen-from-waste-plastic producer - Enters framework services agreement with Petrofac Facilities Management Ltd, a subsidiary of Petrofac Ltd, for engineering design and supply chain development services. Will work on PHE's pipeline of projects, including the Plastics to Hydrogen project at Protos. Read More
(Alliance News) - Stock prices in London closed broadly lower on Tuesday, though the FTSE 100 made a slight gain thanks to a strong performance from miners and oil majors. Read More
(Alliance News) - Petrofac Ltd on Tuesday said for 2023 it expected an annual loss before interest and tax, especially in engineering and construction, due to adverse commercial settlements and cost increases. Read More
(Alliance News) - The FTSE 100 had perked up slightly to be nearly flat by midday on Tuesday, as miners and oil companies performed well, though equities remained under pressure from a gloomy economic outlook. Read More
