FTSE 100 slide fails to hold back Premier Oil
Shares in the UK's top listed firms fell for a fourth consecutive day today as fears about Spain's banking sector fuelled another grim session for world markets.
Markets
SSE shares rise but Cairn Energy among fallers
London's leading shares index fell to its lowest point since December today as fears that Greece will crash out of the eurozone continued to plague world markets.
Aim firms ‘vulnerable targets’
Young oil and gas firms are becoming increasingly vulnerable to takeovers, according to a report published today.
Tax break to benefit Ithaca developments
Aberdeen-based oil and gas firm Ithaca Energy yesterday said all of its current and future developments would get a boost from the March Budget.
Parkmead loses out in good day for the City
London shares recovered from the early blow of shock £1.2billion trading losses at JPMorgan Chase, America's biggest bank, to finish higher today.
Taqa’s pre-tax profits double
Abu Dhabi national energy firm Taqa said yesterday its first-quarter pre-tax profits had nearly doubled to around £237million, from £162million a year ago.
Parkmead gains 6.8% in better day for Footsie
Beleaguered investors were given some respite today after the FTSE 100 Index posted its first positive session in a week.
Weir Group upbeat over prospects
Scottish engineering firm Weir Group said yesterday it continued to expect a year of good progress, in line with its previous guidance.
FTSE 100 Index down for third day running
The ongoing eurozone crisis put more pressure on markets today, with London's FTSE 100 Index suffering a third straight session of losses.
Petrofac lands Nexen deal
International oil and gas facility service provider Petrofac said yesterday it had won a deal in the North Sea worth nearly £1million.
Tullow biggest riser on bad day for Footsie
Fears that Greece will crash out of the euro triggered a global sell-off today that left London's leading shares index at its lowest close of 2012.
Kuwaitis end talks on oil and gas takeover
The national oil company of Kuwait has walked away from takeover talks with North Sea-focused oil and gas explorer Ithaca Energy, a report in the Middle East has said.
Apache sees North Sea production rise
US oil firm Apache today announced a jump in its North Sea production.
BG and Weir Group among biggest Footsie fallers
Disappointing economic data in the US and a lack of new stimulus measures in Europe left world markets struggling to make progress today.
Nautical shares among risers, Cairn and Melrose fall
Worrying economic data saw banks drag London's leading shares index into the red today.
Cosalt still in funding talks
Engineering firm Cosalt suspended its shares yesterday after failing to publish its annual accounts.
North Sea disappoints again for Talisman
Oil and gas operator Talisman announced a 29% slump in its North Sea production in first quarter results today.
BP shares among biggest fallers after profits drop
Banks led a rally on London's leading shares index today after Lloyds Banking Group's first quarter trading update cheered investors.
BP first quarter profits are lower than expected
BP today posted a larger-than-expected fall in profits as the oil giant continues to feel the impact of the US Gulf of Mexico disaster.
Wood Group unit wins £61million Australia deal
Aberdeen-based energy service firm Wood Group said today one of its units had signed a £61million deal for work on the world's largest semisubmersible production facility.
Faroe Petroleum and Parkmead Group shares rise
Fresh fears about the Spanish economy and slowing consumer spending in the US saw world markets finish April in the red today.
Faroe bosses’ pay boost
Faroe Petroleum chief executive Graham Stewart earned pay, bonus and other benefits worth £628,000 in 2011, up from £571,000 the year before, the Aberdeen oil company's latest annual report shows.
Cairn Energy and Wood Group shares among risers, Premier falls
Weaker than expected US GDP figures and a downgrade for Spain failed to stop world markets finishing the week on a high today.
Strong order book at Technip
French oil services group Technip said today it had record orders during the first quarter of 2012 and there was still more to come.
Shell and Weir among biggest Footsie risers
Impressive results from a number of big name companies today helped London's leading shares index continue its bounce-back from Monday's sell-off.