Hurricane Energy shares rise as Crystal Amber holding goes above 25%
Shares in Hurricane Energy climbed this morning after activist fund Crystal Amber hoisted its holding in the troubled oil firm above 25%.
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North Sea firms see shares jump on oil price rally
North Sea operators including Shell, BP, EnQuest and Premier Oil have all seen their shares jump in light of the oil price rally.
Renewables firm Simec Atlantis unlocks potential £12m with share place agreement
Simec Atlantis has entered into a share place agreement with a US-based investor in a move that could raise as much as £12 million.
I3 Energy issues half a million new shares as it eyes first production assets
I3 Energy has issued more than half a million new shares to fund its acquisition of Gain Energy’s petroleum and infrastructure assets.
Stakes in Simec Atlantis plummet after firm announces plans to issue 50m new shares
Shares in Simec Atlantis Energy, which operates the MeyGen tidal array in the Pentland Firth, plummeted today.
Hunting shares surge on buyback call
Energy service firm Hunting said today that it was launching a share buyback programme for the first time in its history.
Ophir shares jump amid takeover talks
Shares in Ophir Energy climbed rapidly after the London-based exploration and production firm confirmed talks with a potential new owner.
Aramco said to seek advisers for world’s biggest share sale
Saudi Arabian Oil Co. is asking banks including Goldman Sachs Group Inc. and HSBC Holdings Plc to pitch for an advisory role on its initial public offering as it pushes ahead with plans for the world’s largest share sale, three people with knowledge of the matter said.
TechnipFMC secures French stock market approval, lists new shares
Technip and FMC secured approval for its merged TechnipFMC from the French stock market regulator.
Santos confirms Hony Capital shares
Santos has confirmed market speculation over shares purchased by Hony Capital.
Former fund manager pleads guilty to insider trading over Cairn Energy, EnCore Oil shares
A former fund manager has pleaded guilty to two counts of insider trading at a London court.
Extraction Oil & Gas shares surge on IPO
Shares of Extraction Oil & Gas have risen by almost 20%.
FTSE 100 index tops 6,900 mark after OPEC deal
Oil majors led the charge as the London market burst back through the 6,900 mark following investor cheer over an output-limiting deal struck by the Opec oil cartel.
Solo Oil boosts coffers through £2m ordinary shares sale
Solo Oil has raised £2million through the issues of ordinary shares in the company.
Total takes control of Saft Groupe
French oil major Total will take control of Saft Groupe after a successful tender offer.
Premier Oil jumps in London as Brexit cuts costs in Sterling
Premier Oil (LON: PMO) Plc rose the most this month in London trading after saying it’s benefiting from a decline in the British pound following the U.K.’s vote to leave the European Union.
Statoil saves $292million cash as investors take chunk of dividend as shares
Statoil has saved $292 million in cash as investors chose to take 43% of their total net dividend payout in shares.
Oil gains and pound bounces back as Brexit concerns ease
Sterling and the London market swung back into positive territory on Friday morning amid easing concerns over a British exit from the European Union.
Plexus Holdings agrees £6m placing of shares in bid to raise cash
Plexus Holdings said it has agreed the terms of a conditional placing to raise £6million by way of placing more than nine million new ordinary shares.
Dong Energy to push ahead with IPO
Dong Energy said it intends to launch an Initial Public Offering (IPO) of its shares on the stock exchange in Copenhagen.
Mosman to call shareholder meeting after deal cancellation
Mosman Oil and Gas expects to hold an annual general meeting on the cancellation of nine million shares which had been issued for acquisition.
Institute of Directors warns of tougher pay restrictions after Dudley vote
A business group has warned BP not to “shrug off” one of the largest shareholder revolts over executive pay in the UK.
Baker Hughes, Halliburton’s shares rise after US justice department sues pair
The US justice department is suing to stop Halliburton from buying oilfield-services rival Baker Hughes - the latest effort by the Obama administration to block mergers that it believes enrich corporations but hurt consumers.
Petroceltic acquires further share of Worldview debt
Petroceltic International has acquired most of Worldview's debt in a bid to move towards a financial restructuring.
Chevron and Cairn’s shares in double boost
Cairn Energy Plc gained the most in 16 months after the explorer reported positive results from an oil well off Senegal, potentially opening up commercial development for the area.