Premier Oil among fallers on bad day for markets
Fears that Spain is on the verge of asking for a full-blown bailout from the EU triggered a rout on world markets today.
Markets
Sinopec enters North Sea in £956million deal
Chinese oil giant Sinopec has announced plans to buy nearly half of the UK North Sea business of Canadian oil firm Talisman.
CNOOC makes £9.6billion bid for Nexen
State-controlled Chinese oil firm CNOOC today announced a £9.6billion bid for Canadian operator Nexen in a deal which would see it gain control of one of the UK North Sea's largest oil fields.
Ithaca and Premier shares among risers
A multibillion-euro bailout for Spain's banks was not enough to appease traders' concerns over the embattled country as the London market closed 1% lower today.
Nexen hails 71% rise in Buzzard field’s output
Canadian oil and gas firm Nexen said yesterday production from the Buzzard field rose 71% in the second quarter, compared with the same period last year, helping boost revenue.
Hunting, Cairn and Weir among risers
The FTSE 100 Index was able to make gains today despite grim updates from a string of retailers.
Bentley flowing at 2,900 barrels, says Xcite
North Sea heavy oil explorer Xcite today said oil was flowing from its Bentley field at a rate of 2,900 barrels of oil per day.
Hunting among the fallers
The FTSE 100 Index was up 1%, or 56.7 points at 5,685.8 today amid improving signs across the Atlantic, although analysts warned against being "over excited" about the rally.
Oaktree takes control of ISS
A US private-equity firm has taken control of Aberdeen subsea firm Integrated Subsea Services (ISS) in a deal understood to be worth more than £70million, it was announced yesterday.
Parkmead and Melrose Resources in market fall
The FTSE 100 Index fell 33.3 points to 5,629.1 today as problems at beleaguered security firm G4S and further revelations about Libor-fixing contributed to another lacklustre session for the London market.
Shares in Melrose Resources down by 2.6%
The FTSE 100 Index closed 3.7 points lower at 5662.4 today, with troubled security firm G4S comfortably the biggest faller.
Sterling plans selloff as Breagh costs rise again
Oil and gas explorer Sterling Resources wants to sell off its remaining stake in the North Sea Cladhan field and a chunk of its Romanian exploration acreage.
Shares lift for Wood Group, Cairn and Faroe
London's main market rose 57.9 points to 5,666.1 today amid relief that China's growth was in-line with forecasts.
CEO delivers update on exploration plans
Premier Oil chief executive Simon Lockett said yesterday he was looking forward to increased exploration by the firm in the next 12 months, including in the North Sea.
Premier Oil shares up more than 2%
The FTSE 100 Index closed 56.2 points lower at 5,608.3 today despite US unemployment claims falling to their lowest level in four years in a rare hopeful sign for the world's biggest economy.
Premier buys 60% stake in Sea Lion
UK-listed oil firm Premier Oil is to become a key Falklands oil and gas player after announcing a £643million deal with Rockhopper Exploration.
Xcite Energy shares gain nearly 18%
The FTSE 100 Index struggled to make headway today, rising just 0.4 points to 5,664.5, as traders nervously awaited key minutes from the US Federal Reserve.
Shares in Xcite Energy slump by nearly 5%
London's main market made cautious gains today after Spain secured its first bailout payment for its banks and was given extra breathing space to meet fiscal targets.
Petrofac shares buck London market trend
Markets were back under pressure today as a fresh jump in Spain's borrowing costs added to fears about the health of the world's biggest economy.
Hunting among the fallers in city shares slide
The FTSE 100 Index closed 30 points lower at 5,662.6 today amid further evidence that the eurozone debt crisis is sapping confidence across the globe and China cut its interest rate for the second time in a month.
Shares in Aberdeen firm Plexus up nearly 5%
Stimulus measures from central banks across the world failed to trigger a meaningful rally for FTSE 100 Index today.
Tullow shares hit by lower earning prospects
Banking shares dragged London's leading shares index lower today amid continuing fears that more lenders will be embroiled in the rate-rigging scandal.
Strong gain for Wood Group on stock market
Another tumultuous day for Barclays saw its shares slip into the red today following the resignation of its boss, Bob Diamond.
Petrofac shares among biggest Footsie risers
Barclays shares rose 3% today as chairman Marcus Agius's decision to step down in the wake of the rate-rigging scandal was backed by investors.
Weir Group shares among biggest Footsie risers
London's FTSE 100 Index surged 1.4% higher today as hopes of a resolution to the eurozone crisis offset another day of scandal for the UK banking sector.