FTSE 100 dragged lower by Rolls-Royce, National Grid and BP
London’s blue-chip FTSE 100 Index fell 106.54 points, or 1.73%, to 6,049.62 as Covid-19 continued to weigh heavily on the world’s leading financial markets 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.
GDi offers industry new laser scanning approach
Fast-growing oil and gas technology firm GDi is targeting new business from North Sea operators looking to save cash during and beyond the latest industry downturn.
FTSE 100 and Brent crude make gains
The FTSE 100 Index edged up a further 822.22 points, or 1.4%, to 5,935.98 today.
Brent slips back into reverse
Brent crude oil was down about 6.5% at $28.96 per barrel at the London market close despite spending much of today on the advance.
Brent crude rockets nearly 12%
The price of a barrel of Brent crude surged above $30 on Tuesday amid growing hopes that global demand for oil is rising again.
Archer Knight plans £1m cash for equity fundraiser
Subsea market intelligence and consultancy firm Archer Knight is planning a £1 million cash for equity fundraiser.
Oil prices start the week positively
The FTSE 100 started the week slightly in negative territory but oil prices were up amid hopes new production cuts can reduce a massive global oversupply.
Brent up nearly 8% ahead of global oil production cuts
Brent crude oil was up by nearly 8% to $26.16 per barrel by the London market close today.
Brent crude and FTSE 100 both on the up
Brent crude oil was up by 7.3% at $24.4 per barrel, as of 6pm.
Oil majors help drive up the FTSE 100
Share price growth for oil majors BP and Shell boosted the FTSE 100 yesterday, with London’s blue-chip index rising 111.1 points, or more than 1.9%, to 5,958.5.
FTSE 100 on the rise but Brent crude starts week in reverse
European markets started the week in positive territory, with all the leading financial indices enjoying gains yesterday.
Brent ends historic week for oil on the up
Brent crude had edged up just over 1% to $21.55 a barrel by the London market close today, making it three days of gains on the trot in a historic week for oil prices.
Good day for Brent oil and the FTSE 100
The price of Brent crude has continued to recover today after the oil price rout of earlier this week.
Brent oil and FTSE 100 both enjoy market bounce
Brent oil enjoyed a better day on the markets on Wednesday despite warnings a barrel of the crude may become “cheaper than a latte”.
US oil benchmark plunges towards $4 per barrel
The world’s two leading oil price benchmarks suffered contrasting fortunes today amid ongoing supply and demand fears.
Markets on oil price tenterhooks
Brude crude oil prices were up nearly 2% at $33.49 a barrel by the London market close today as traders awaited news of a much-anticipated global production cut.
OTC postponed until third quarter
The annual Offshore Technology Conference (OTC) in the US has become the latest business event casualty of the Covid-19 pandemic.
Wood strikes £90.8m deal to offload industrial services arm
Energy services giant Wood has announced the sale of its industrial services business to technical services provider Kaefer.
Enerquip unveils its £1m expansion
Oilfield equipment firm Enerquip has unveiled a £1 million expansion to cope with growing demand for its products and services.
Nick Dalgarno: ‘Let’s not allow misinformed views to control the agenda’
With global climate change protests, declarations of climate emergency and the media hype around Greta Thunberg, there is every likelihood of some sort of attempt by protestors to target Offshore Europe and hi-jack the headlines with their agenda.
Take control of climate issue industry told
Climate change protestors may target this week’s SPE Offshore Europe event as the sector faces a “tobacco industry moment”, it was claimed last night.
New era for Rovop as former Proserv boss David Lamont takes the helm
There is a new boss at the helm of Scottish subsea robotics company Rovop today following a sudden change at the top.
Oil and gas millionaires galore on Scottish Rich List
The scale of Aberdeen's North Sea bounty over several decades is revealed in the latest Sunday Times Rich List.
Craig International deal with Spirit Energy could be worth £21m
An Aberdeen firm delivering vital services and supplies to the global offshore oil and gas industry said yesterday a new contract with Spirit Energy could be worth £21 million over seven years.