US manufacturing figures give Footsie a boost
London's main market saw gains of nearly 2% today after better-than-expected US manufacturing data revived hopes for the world's biggest economy.
Markets
Aberdeen energy firm First Oil hits Hot 100 list
Aberdeen energy firm First Oil, owned by north-east businessman Ian Suttie, is one of nine Scottish businesses on a new list of the UK's 100 fastest-growing private companies.
Parkmead set to drill first well within weeks
Fledgling oil and gas independent Parkmead Group will drill its first well in the North Sea within weeks.
Company’s value down £5.4billion
Since the leak was announced, Total's share price has dropped from more than £34 to a low of £30.87 on Thursday before strengthening to £31.68.
Petrofac and Weir Group Footsie’s biggest risers
An agreement to boost the eurozone bailout fund lifted London's leading shares index today and helped it finish the first quarter of 2012 with gains of 3.5%.
Antrim offloading Argentine operations
Antrim Energy said yesterday it would sell its Argentina business to focus on its UK operations.
North Sea firm in talks with suitors
North Sea oil firm Ithaca Energy said yesterday it was still in discussions with parties interested in acquiring it.
Footsie takes further knock on Euro bailout fears
Disappointing US growth figures and fears over the future of the eurozone saw London's leading shares index fall 1% for the second day in a row.
Read splits into two specialists
Aberdeen-based energy service firm Read Well Services has been split into two sister companies.
Footsie shares tumble 1% on economic woes
Fresh fears of a slowdown in the world's biggest economy triggered a sell-off that wiped 1% off London's leading shares index today.
Valiant more than doubled its profits in 2011
North Sea explorer Valiant Petroleum said today it more than doubled profits last year.
BG Group among biggest Footsie risers but Wood Group shares fall
Royal Bank of Scotland shares were boosted by reports the UK Government could sell some of its stake today, but fresh global economic fears meant the FTSE 100 Index lost ground.
First oil targeted for 2015
Cameroon-focused Scottish oil and gas explorer Bowleven said yesterday production could start at its west African discoveries in 2015.
Xcite shares rise but Weir among biggest fallers
Hope that more stimulus measures would be ordered to boost the world's biggest economy helped lift London's leading shares index through the 5,900 mark today.
City’s economic growth leading the way in UK
Aberdeen was the only major city in the UK to grow its economy during the recession, according to a report published today.
Market move in wake of Budget
BP has reportedly put nearly £2billion of North Sea assets on the market after the chancellor's Budget last week.
North Sea infrastructure investment is vital
Aberdeen businesses, whether they are concerned with oil and gas or other industries, are not immune from the global economic challenges faced by UK banks and other financial investors.
Nautical and EnQuest shares rise but Premier among fallers
BT shares rallied today after it made progress in tackling its pension scheme deficit, but fears about the global recovery continued to weigh on London's leading shares index.
Xcite give full year results
Aberdeen-based oil and gas explorer Xcite Energy has moved back into the black, thanks to gains on foreign-exchange rates.
Budget will save us £25million in taxes – Deo
North Sea oil firm Deo Petroleum said yesterday an extension to small field allowances delivered by Wednesday's Budget would save it about £25million in taxes.
Manufacturing figures deal blow to the Footsie
The FTSE 100 Index was 46.3 points lower at 5,845.7 today, a fall of nearly 1%, after manufacturing figures in both China and the eurozone came in below expectations.
Budget is welcome news for oil industry
Wednesday's UK Budget should be welcome news to an industry which took a massive knock in 2011 but is starting to get back on its feet.
Fuel price campaigners left furious over rise
FUEL price campaigners were left furious last night after Chancellor George Osborne snubbed their repeated pleas for a cut in duty.
Osborne unlocks £50billion North Sea treasure
CHANCELLOR George Osborne has unveiled a package of measures which will unlock up to £50billion of new investment in the vital offshore industry.
Budget fails to inspire, leaving the Footsie flat
The FTSE 100 Index closed flat at 5,891.95 today as traders struggled to find direction in the absence of any surprises in the Budget or any major economic data elsewhere.