Tullow Oil PLC - Africa and South America-focused oil and gas exploration company - Launches tender offer for a portion of its 2025 senior notes for a consideration of up to USD75.0 million. Says tender offer is part of its plan to "optimise and proactively manage" its cash, debt profile and capital structure. Read More
(Correcting that index changes are effective from June 19.) Read More
(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, June 5, after completing its quarterly review. Read More
(Alliance News) - Stock prices in London were down at midday Wednesday, ahead of a vote on the US debt ceiling bill. Read More
(Alliance News) - Stock prices in London opened lower on Wednesday, as financial markets await a vote on the US debt ceiling agreement. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More
Tullow Oil PLC - Africa and South America-focused oil and gas exploration company - Says net production in the first quarter of 2023 is 53,700 barrels of oil per day. Backs annual production guidance of 58,000 - 64,000 bopd. Adds that drilling and completion performance enable the firm to accelerate the 2022 drill schedule. Chief Executive Officer Rahul Dhir says: "The cornerstone of strong performance is always safety, and I am proud that we recorded a second successive year of industry top quartile safety performance with no recordable incidents and no Tier 1 or 2 process safety events during the year." Read More
(Alliance News) - Ocado Group PLC's five-year stint in London's top-flight index is under threat, after a tough run which has seen the grocer's shares plunge 35% since the turn of the year. Read More
(Alliance News) - Tullow Oil PLC on Tuesday said that two minority partners of its licences in Kenya intend to withdraw from their interests in the South Lokichar Basin. Read More
(Alliance News) - Stocks in London were called to open lower on Tuesday, as US politicians continue to argue over the nation's debt ceiling and ahead of a slew of PMI releases. Read More
Tullow Oil PLC - Africa and South America-focused oil and gas exploration company - Signs an asset swap deal with Perenco Oil and Gas Gabon SA. Says the deal will optimise Tullow's equity ownership across key fields in Gabon. This is achieved through a "cashless asset swap involving the proposed exchange of participating interests held by both parties in certain licences in Gabon", Tullow says. Expects the transaction to complete by the end of 2023. Under the transaction, Tullow Oil says Perenco will have interest in its Limande, Turnix, Moba and Oba assets. Adds that Tullow's 2023 group production guidance of 58,000 to 64,000 barrels of oil remains unchanged. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday afternoon: Read More
(Alliance News) - Stocks in London closed higher on Wednesday as the US inflation rate continued to cool, providing investors with some hope that the cycle of rate hikes may soon be at an end. Read More
(Alliance News) - Stock prices in London were largely higher at midday on Wednesday, amid cautious trade ahead of the release of eagerly-awaited inflation data from the world's largest economy. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
(Alliance News) - Stock prices in London opened mixed on Wednesday, as caution prevailed ahead of a US inflation reading and minutes from the Federal Reserve's March meeting. Read More
(Alliance News) - Stocks in London were called flat on Wednesday, with the focus for the day on a US inflation reading in the afternoon, before the release of central bank meeting minutes later. Read More