(Alliance News) - BP PLC on Monday said it started its Argos expansion project in the Gulf of Mexico, which BP said underpinned its commitment to investing in the US. Read More
Capricorn Energy PLC - Egypt-focused oil and gas explorer - Says it has received a USD50 million payment from Woodside Energy Group Ltd, under the production condition of the sale and purchase agreement between the two parties. The deal was in relation to the disposal of Capricorn Energy's production sharing contract interest in Senegal. The payment had been conditional to the average Brent oil price during the first six months of production at the asset rising to over USD60 per barrel. Output had begun in June 2024 at an average Brent oil price of around USD80 per barrel. Capricorn Energy reiterates that it "remains committed to returning any available proceeds of this contingent payment to its shareholders", though the timing of this remains subject to "disputed tax obligations". Read More
John Wood Group PLC - Aberdeen, Scotland-based oilfield and engineering services provider - Awarded "significant" new contract by Esso Australia Resources Pty Ltd to provide maintenance of onshore and offshore assets in Gippsland Basin in Victoria state. John Wood says the "long-term" contract starts this month and will create 250 jobs in Victoria. It doesn't provide the monetary value of the contract, nor its exact term. Read More
Woodside Energy Group Ltd - Perth, Australia-based oil & gas company - Completes sale of a 15% non-operating participating interest in the Scarborough joint venture to JERA, a Japanese power generation company. Receives sale proceeds of USD1.4 billion for equity in the venture, comprised of the purchase price and reimbursed expenditure. Read More
(Alliance News) - Woodside Energy Group Ltd on Wednesday raised full-year production guidance following double-digit production and revenue growth in the third quarter. Read More
(Alliance News) - Woodside Energy Group Ltd on Wednesday celebrated the completion of its acquisition of Tellurian Inc, and its US Gulf Coast Driftwood liquefied natural gas development opportunity. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - Capricorn Energy PLC on Friday reported at least 30 days of continuous production on an asset. Read More
(Alliance News) - Woodside Energy Group Ltd reported a weaker interim period financially and production-wise, as it "lays the foundation for future success". Read More
(Alliance News) - Woodside Energy Group Ltd on Monday said it and the Australian Conservation Foundation have agreed to dismiss the ACF's challenge to a primary environmental approval for Woodside's Scarborough Energy Project. Read More
(Alliance News) - Capricorn Energy PLC on Tuesday confirmed that first production from the Sangomar Field development offshore Senegal has started. Read More
Jadestone Energy PLC - oil and gas company focused on the Asia-Pacific region - Shares readmitted to trading on the AIM market of the London Stock Exchange at 10:30 GMT on Thursday. Jadestone shares were suspended in February, after the company announced its intention to acquire interests in certain offshore Australian oil and gas fields from Woodside Energy Group Ltd. If successful, the deal would be large enough to constitute a reverse takeover under AIM listing rules, resulting in the suspension. Read More
(Alliance News) - Jadestone Energy PLC on Wednesday said that it had increased its stake in a western Australian oil fields development, one which is "fast becoming a key asset" for the company. Read More
(Alliance News) - Woodside Energy Group Ltd on Tuesday confirmed that the Leopold Sedar Senghor Floating Production Storage and Offloading facility has safely arrived offshore Senegal. Read More
(Alliance News) - Jadestone Energy PLC on Tuesday confirmed it is bidding to buy interests in gas and oil fields from Australia's Woodside Energy Group Ltd. Read More
(Alliance News) - John Wood Group PLC on Friday said that 2023 trading was in line with expectations, with contract wins and strong order book expected to drive growth through 2024. Read More
(Alliance News) - Capricorn Energy PLC on Wednesday noted Woodside Energy Group Ltd's announcement of "another significant step forward" for its Sangomar project. Read More
Capricorn Energy PLC - Egypt-focused upstream energy company - Says Woodside Energy Group Ltd, which purchased Capricorn's stake in the Sangomar oil field in 2020, has received a notice from the Senegalese Tax Authority. Notice states that a registration duty of USD28.2 million should have been paid upon Capricorn's transfer of its offshore Senegal production sharing contract interests, and that Woodside should have withheld USD14.5 million in real estate capital gains tax from its payment to Capricorn for those PSC interests. Capricorn is responsible for both under the terms of the sale agreement. Company insists however that neither is payable, and will "continue to vigorously defend its position on this matter". Stock price falls from 168.00 pence per share to 165.50p within minutes, before flattening. Read More
(Alliance News) - Stocks in London are called lower on Thursday, amid ongoing concerns about the recent rise in oil prices, and its potential implications for interest rates. Read More
(Alliance News) - Stocks in London are called up on Wednesday, in hopes markets will extend Tuesday's rally. Read More