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.
Stock market
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.
FTSE 100 falters amid subdued sentiment in London
The FTSE 100 Index failed to hold on to Monday’s gains today, despite a rally for stocks on Wall Street overnight.
Centurion Group considers stock market flotation in long term plans for growth
An Aberdeen headquartered oil and gas firm is considering floating on a public market as part of its long term growth plans.
George Osborne moves to calm stock market after Brexit vote
Chancellor George Osborne will move to try to calm market turmoil triggered by the pro-Brexit vote as Boris Johnson broke cover in a bid to start healing Tory wounds ripped open by the bitter referendum battle.
Opinion: Markets got it badly wrong – now the shock waves begin
“The result of the UK’s referendum has sparked pandemonium in financial markets as the leave campaign has proved victorious after securing 51.9% of the vote.
FTSE flat as investors wait to see result of EU vote
London’s premier index was flat as investors paused for breath ahead of Thursday’s vote on Britain’s membership of the European Union.
Centrica stock dives after it announces £750million shares issue
Shares in British Gas parent Centrica dived today after the utilities firm announced a surprise share sale to raise funds.
Oil rises to 2016 high above $43 per barrel
Oil rose above $43 a barrel to its highest level so far in 2016 against a backdrop of a weak dollar, signs of increased demand from China and lingering hopes that a meeting of oil producers will agree steps to tackle the global supply glut.
Commodities slump hits stock market
Top-flight shares plunged into the red after commodity falls weighed on heavyweight oil firms and miners.
Oil holds steady as FTSE makes modest gains
London’s top flight index made modest gains after slumping into the red in the previous session.
Footsie slips despite BG Group’s results
London’s FTSE 100 Index struggled for direction, as oil and gas exploration firm BG Group announced it had steered the business back into the black.