Plexus and Xcite shares rise, EnQuest among fallers
Greece's failure to reach a concrete deal with creditors to avoid a default depressed world markets today.
Greece's failure to reach a concrete deal with creditors to avoid a default depressed world markets today.
The revival of talks to restructure Greece's debt mountain helped push the FTSE 100 Index to a fresh six-month high today.
Fresh fears that Greece and Portugal will sink under the weight of their debts saw London's leading shares index fall further from a six-month high yesterday.
Norwegian financial services group DnB said Aberdeen was a natural point to continue the expansion of its international network. The group, the largest financial group in Norway, opened its new office in Aberdeen just over a month ago.
Hopes that Greece will reach an agreement with lenders to avoid a default faded today, causing London's leading shares index to retreat from a six-month high.
Oil explorer Xcite has asked the Department of Energy and Climate Change for permission to install temporary pipelines for work on its Bentley field.
International oil and gas services group Hunting said yesterday profits for 2011 were likely to have exceeded the City's predictions for a haul of up to £72.8million.
Valiant Petroleum is expected to submit a field development plan for the Fionn field in the northern North Sea in the first quarter of 2012.
Yesterday's announcement from Ithaca adds fuel to the potential for further takeover activity in the North Sea just weeks after Premier Oil completed its acquisition of EnCore Oil.
Italian group Eni's oil output in Libya is almost back to its pre-conflict levels at 260,000 barrels per day (bpd), its chief executive Paolo Scaroni has said.
The boss of Scottish Fuels will face islanders' questions on the cost of fuel at a public meeting in Stornoway at the end of the month.
London's leading shares index ended four days of gains today after ongoing talks in Greece over the country's debt mountain kept traders on the sidelines.
Premier Oil said today it was on course to grow production by around 50% during 2012, in line with its previous target, and would focus more on existing assets than new acquisitions this year.
Air and steam equipment rental specialist Airpac Bukom Oilfield Services has made new appointments in Aberdeen.
Norway's giant Aldous/Avaldsnes discovery has been renamed Johan Sverdrup after the leader of a political movement in the country.
London's leading shares index closed above the 5,700 mark for the first time in nearly three months today but global growth fears continued to spook investors.
Tullow Oil said today it would work with Shell to explore for oil in the Atlantic Ocean.
Swire Oilfield Services opened a new regional headquarters in Singapore today.
Norway's Petroleum Directorate (NPD) today offered out 60 new exploration licences on the Norwegian Continental Shelf.
Plexus Holdings said today it had raised £6.2million in a share placing.
The London market closed ahead today as investors took the loss of France's gold-plated AAA credit rating and speculation over Greece's future in the eurozone in their stride.
North Sea operator Premier Oil has started drilling on the East Fyne appraisal well in the central North Sea.
Lundin Petroleum Norway said today its resource estimates on the southern part of the large Avaldsnes discovery would most likely be cut following an appraisal well.
Reports that Standard & Poor's will strip France of its AAA credit rating drove falls on world markets today.
Tesco dragged London's leading shares index down today after its shares fell 16% following a grim Christmas update and profits warning.