(Alliance News) - Stock prices in London opened up on Thursday, amid a slew of services PMI data, including for the UK, while reacting to the latest data from China. Read More
(Alliance News) - Stock prices in London closed lower on Wednesday, as investors nervously look ahead to the latest US Federal Reserve meeting minutes. Read More
(Alliance News) - Chill Brands Group PLC on Wednesday said its vape products will soon launch in retail stores, including WH Smith PLC travel locations, and it reported a trio of initiatives to help soothe regulatory scrutiny. Read More
(Alliance News) - Stock prices in London closed lower on Tuesday, after the year was started with some disappointing data about the UK and US manufacturing sectors. Read More
TotalEnergies SE - Paris-based oil, gas and renewable energy producer - Says production from its second development phase of the Mero field offshore the Santos Basin in Brazil has begun. This includes the Sepetiba floating production, storage and offloading unit, with a production capacity of 180,000 barrels of oil per day. The Mero field will reach a production capacity of 410,000 boepd. Mero-3 and Mero-4 are currently under construction, with production start-ups due in 2025. Production is set to total more than 100,000 boepd once at full capacity. TotalEnergies owns a 19.3% operating stake in the field, while Shell PLC subsidiary Shell Brasil Petroleo Ltd also owns 19.3%. Petrobras owns a 38.6% stake, and the remaining shareholders include CNPC, CNOOC Ltd and PPSA. The Mero field is part of the Libra production-sharing contract. Libra is located in the Santos basin, 170 kilometres south of Rio de Janeiro. Read More
(Alliance News) - Stock prices in London closed mixed on Friday, the final trading day of 2023, as the annual returns from UK equities were outshone by international markets. Read More
(Alliance News) - Stock prices in London closed mixed on Thursday, the final full trading day of a mixed year, though the FTSE 100 is still on track to deliver a gain of more than 3% for 2023. Read More
(Alliance News) - Stock prices in London opened slightly higher on Thursday, with investors feeling quietly optimistic on the penultimate day of trading for 2023. Read More
(Alliance News) - Stocks in London soared on Wednesday, outperforming European peers, after a sharp drop in the annual rate of UK inflation fuelled hopes for interest rate cuts next year. Read More
(Alliance News) - Stock prices in London closed up on Wednesday as local consumer price inflation slowing faster than expected boosted investor sentiment. Read More
(Alliance News) - Stocks in London are expected to rally at Wednesday's open, following a shock UK inflation print. Read More
(Alliance News) - Shell PLC on Wednesday said its subsidiary Shell Offshore Inc announced its final investment decision for Sparta, a deep-water development in the US Gulf of Mexico, expecting to begin production in 2028. Read More
(Alliance News) - Stock prices in Europe closed higher on Tuesday, after data confirmed that the eurozone is inching closer towards its 2% inflation targets. Read More
(Alliance News) - Stock prices in London were mixed at midday Tuesday, despite news that the eurozone's inflation is edging closer to its 2% target. Read More
(Alliance News) - Stock prices in London opened higher on Tuesday, with sentiment still buoyed by expectations of rate cuts in the US. Read More
(Alliance News) - Stock prices in London closed higher on Monday, after investors shrugged off hawkish comments from US Federal Reserve officials amid festive cheer. Read More
(Alliance News) - Orcadian Energy PLC on Monday said it has now reached a conditional deal for the sale of its most important asset, although the group is yet to swing to profit. Read More
(Alliance News) - Shell PLC is planning to sell its 37.5% stake in the major German oil refinery PCK Schwedt to the British Prax Group, the company said on Friday. Read More
Reabold Resources PLC - invests in "low-risk, near-term" oil and gas projects - Resumes GBP750,000 share buyback programme started in April, after receiving payment from Shell PLC for the oil major's purchase of Reabold's Victory asset. Reabold has returned GBP156,154 of the total so far, and now will complete the programme with up to a further GBP593,846 in purchases. Reabold has received from Shell GBP5.2 million out of a total GBP9.5 million in deferred net proceeds from the sale of Victory, a project offshore the UK. Reabold eventually plans to return GBP4 million of this to shareholders. "Reabold's board evaluates many investment opportunities consistent with its investing policy and believes that the current market value of the company's ordinary shares makes the buyback an appropriate use of capital," the company says on Wednesday. Read More