Shell PLC - London-based oil major - Subsidiary Shell Offshore Inc starts production at subsea development PowerNap, located in the US Gulf of Mexico. Estimates peak of PowerNap at 20,000 barrels of oil equivalent per day. Read More
(Alliance News) - Stocks in London ended mixed on Monday with oil majors weighing on the FTSE 100 as oil prices slumped as investors peace talks between Russia and Ukraine and fresh Covid-19 lockdowns in China. Read More
(Alliance News) - The FTSE 100 slipped on Wednesday but managed to dodge the steeper losses racked up elsewhere in Europe, the blue-chip index cushioned by its heavyweight oil contingent. Read More
(Alliance News) - Stock prices in London were mostly lower on Wednesday, ahead of the UK spring statement at around 1230 GMT, though the FTSE 100 was outperforming continental peers thanks to its oil members. Read More
(Alliance News) - Energy giant Shell PLC said Tuesday it had filed an appeal against a Dutch ruling to slash by 45% its worldwide aggregate carbon emissions by 2030. Read More
(Alliance News) - London's FTSE 100 index outperformed at the start of the week, lifted by mining and oil firms on the back of improved commodity prices. Read More
(Alliance News) - Stock prices in London were mixed at midday on Monday as the war in Ukraine passes the one-month mark, while oil prices rose back above the USD110 mark. Read More
(Alliance News) - While Saudi Arabian Oil Co unveiled spending plans that were greater than analysts predicted, its western counterparts are not quite digging into their coffers to the same extent, AJ Bell analyst Russ Mould commented on Monday. Read More
(Alliance News) - Stock prices in London opened mixed on Monday with investors monitoring the war in Ukraine, while Antofagasta rose after reaching a deal to exit the Reko Diq project in Pakistan. Read More
(Alliance News) - European markets charged higher on Wednesday with the latest US Federal Reserve interest rate decision looming, sentiment bolstered by an equity rally in China. Read More
(Alliance News) - Russia's continued onslaught in Ukraine, a spiralling Covid situation in China, and an upcoming interest rate decision from the US Federal Reserve combined on Tuesday to dash any positive market sentiment. Read More
(Alliance News) - The FTSE 100 quickly gave back its start-of-week gains as fears grew over China's spiralling Covid outbreak, with miners weighing on London's blue-chip index on worries that industrial demand will be dented by lockdowns in the world's second largest economy. Read More
(Alliance News) - Stocks in London were higher at midday on Monday as investors looked for potential progress in peace talks between Russia and Ukraine with an eye on the Federal Reserve's interest rate decision this week. 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
