LONDON (Alliance News) - British oil major BP will sign a long-term contract worth around USD20 billion, or about GBP11.8 billion, to supply liquefied natural gas to China National Offshore Oil Corp, BP Chief Executive Bob Dudley said at a conference in Moscow Tuesday. <b Read More

UK MORNING BRIEFING: Whitbread Leads FTSE 100 On Strong Quarter

17th Jun 2014 07:34

LONDON (Alliance News) - UK shares have opened higher Tuesday, encouraged by a positive close on Wall Street on Monday and ahead of UK inflation data. Whitbread leads FTSE 100 gainers, as it said its Premier Inn hotels and Costa Coffee shops continued their strong s Read More

Premier Oil To Book Profit On Sale Of Stake In Norwegian License

17th Jun 2014 06:38

LONDON (Alliance News) - Premier Oil PLC Tuesday said it has sold its 30% stake in the PL359 oil license offshore Norway to Lundin Norway AS for USD17.5 million after tax, and expects the net profit on the deal to be about USD10 million. Licence PL359 contains the Luno II discovery. An appr Read More

MARKET COMMENT: Geopolitics Weighs On FTSE But Miners Limit Downside

16th Jun 2014 16:30

LONDON (Alliance News) - UK stock indices closed lower Monday as geopolitical concerns over both Iraq and Ukraine weighed on investor sentiment, while the mining stocks provided some support on the back of comments from Chinese Premier Li Keqiang. Despite being lifted off intra-day Read More

REPEAT: MARKET COMMENT: FTSE 100 Posts Lowest Close In Six-Weeks

13th Jun 2014 16:35

LONDON (Alliance News) - UK stock indices closed significantly lower Friday, while the price of oil reached a nine-month high, as investors reacted to the increasing crisis in Iraq, as well as a warning of a potential early UK interest rate rise from the Governor of the Bank of England. < Read More

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