BG Group shares among risers, Petrofac fall
The London market suffered a lacklustre session today as the FTSE 100 Index closed 11 points down at 5,809.4.
Markets
Bridge Energy shares shed 7.1%
The FTSE 100 Index started the fourth quarter strongly today as positive economic data from the US and renewed optimism over Spain's banks boosted investor confidence.
Providence sells onshore assets
Irish oil explorer Providence Resources is selling its UK onshore assets in a £41million deal to concentrate on offshore exploration.
Xcite shares among risers
A positive quarter for the London stock market ended on a negative note today as investors continued to tread cautiously amid eurozone fears.
Largest subsea completion for Xodus
Aberdeen energy consultant Xodus Group said yesterday it had completed one of its largest subsea contracts, worth more than £2million, for BG Norge.
Wood Group shares among risers, Xcite stock falls
London's FTSE 100 Index made tentative gains today as world markets steadied after yesterday's sharp sell-off on concerns over the eurozone crisis.
Hunting shares slide more than 4%
Eurozone worries compounded by strikes in Greece over austerity cuts saw London's FTSE 100 Index close 1.6%, or 91.6 points down at 5768.1 today.
Cairn sells down stake in Indian energy firm
Scottish oil explorer Cairn Energy said yesterday it had raised more than £560million by selling a further 8% stake in Cairn India, which it previously owned.
Weir Group biggest riser in FTSE 100, Premier Oil falls
The London market pulled out of the red today after positive economic data in the US cheered investors.
Atlantic Petroleum ups North Sea exploration
Oil and gas exploration firm Atlantic Petroleum has boosted its exploration and appraisal programme by taking stakes in two North Sea blocks.
BP shares down after it reveals Rosneft interest
The FTSE 100 Index closed two points lower at 5852.6 today as volatile trading and eurozone worries rattled investor confidence.
Nexen shareholders back £9.6bn Chinese buyout
A £9.6billion deal giving a Chinese national offshore oil firm access to the North Sea was given the thumbs up by the shareholders of oil firm Nexen yesterday.
Petroceltic takeover of Melrose Resources agreed
Shareholders in Scottish oil firm Melrose Resources yesterday agreed a £165million take over bid by Irish firm Petroceltic International.
Xcite slides despite well update
Xcite Energy's shares slumped more than 17% yesterday despite the Aberdeen-based heavy-oil explorer celebrating better-than-expected well-test results from its Bentley field.
Element of profit taking behind slump after recent rise
The ongoing rollercoaster that is Xcite Energy certainly continued its exciting tale yesterday.
Dart International planning AIM listing
Australian coal bed methane firm Dart Energy has announced plans to launch its international business on the Alternative Investment Market.
Rosneft in debt raising talks
Russian state oil firm Rosneft is talking to banks about raising £9.25billion in debt financing as it inches towards a deal to buy BP's 50% stake in Anglo-Russian oil venture TNK-BP, bankers said yesterday.
Wife sells Wood shares
The wife of Wood Group chief executive Allister Langlands has sold 250,000 shares in the company for about £2.1million, the Aberdeen-based energy service firm said yesterday.
Tullow Oil among the Footsie fallers
The London market struggled to find direction today despite more emergency support for the global economy.
Serica targeting new deeper central North Sea plays
Oil and gas explorer Serica Energy said it is looking to explore new deeper plays in the central North Sea after agreeing a farm-out deal with Japanese firm JX Nippon.
Explorer Faroe reveals £250m war chest to help boost options
Faroe Petroleum said yesterday it had a £250million war chest to help further boost production and frontier exploration options.
Parkmead Group shares rise by 2.1%
The FTSE 100 Index closed 25.4 points lower at 5,868.2 today.
Loligo discovery inflates south Atlantic explorer
Independent explorer Falkland Oil and Gas got a boost to its share price yesterday after announcing it had made a gas discovery off the remote south Atlantic islands.
Market view: Significant analysis of Falklands gas find still needed
Falklands Oil and Gas shares closed more than 5% higher yesterday following news it had discovered gas at its Loligo well.
Efforts to re-energise the US economy began to fade
London's leading shares index fell back from Friday's six-month high today as euphoria over efforts to re-energise the US economy began to fade.