Oil investment firm struggles
Genel, the oil investment firm headed by Tony Hayward, the ex-chief executive of BP, has been unloved by the stock market.
Genel, the oil investment firm headed by Tony Hayward, the ex-chief executive of BP, has been unloved by the stock market.
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.
Six super-majors posted the best group performance in 2011, according to the PFC Energy 50 list.
EVENTS in global equity markets at the beginning of last month paralleled those on the streets of England's major cities.
A company hoping to develop a North Sea oil business has successfully floated on London's Alternative Investment Market (AIM).
With the overwhelming press coverage still being afforded to BP, it's easy to lose sight of developments away from the Gulf of Mexico. But news that Acergy is to buy Subsea 7 is significant, both locally and internationally.