TP ICAP downed by Macquarie, but Exane BNP gives Man Group a lift
A look at some of the top risers and fallers in London in afternoon trading
Company
Capricorn Energy PLC
LON:CNE
Capricorn Energy PLC is one of Europe’s leading independent upstream energy companies, headquartered in Edinburgh, UK. Historically it has discovered, developed and produced oil and gas in multiple settings throughout the world.
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Union Jack Oil doubles stake in Keddington in deal to acquire Cairn’s onshore UK assets
"The opportunity for Union Jack to acquire Cairn Energy`s UK onshore hydrocarbon portfolio which comprise assets we hold in high regard, at nominal cost is an excellent result”
FTSE 100 closes in negative territory as pound strengthens
The FTSE 100 index closed 14.98 down at 7,507, above the day’s low of 7,496.14, and well below the opening high of 7,523.65
FTSE 100 closes lower at 7,301 as pound eases against US dollar
FTSE 100 closed 9.35 lower at 7,301 and the FTSE 250 added over 49 points at 19,566
Cairn Energy shares on back foot as final India hearing slides to August 2018
Cairn said arbitration proceedings are well advanced and a timetable for document production, submissions and hearings has been finalised for the process.
Cairn Energy in the middle of a “massive year” - broker
Chief executive Simon Thomson highlighted the group’s strong balance sheet and imminent cashflows.
FTSE 100 rises sharply despite Provident Financial nightmare
The FTSE 100 rose 63 points to 7,382 and the pound has slipped amid Brexit fears
Archive
Big miners to dominate day ahead, with BHP Billiton and Antofagasta to post results
Aside from the two mining blue chips, FTSE 100-listed housebuilder Persimmon PLC will also report its first half results on Tuesday
Archive
Final trading week of August, but some big news still to come from Persimmon PLC, BHP Billiton PLC, and Antofagasta PLC
Week ahead includes first half results from Persimmon PLC, Antofagasta PLC, Cairn Energy PLC, Premier Oil PLC, WPP PLC; full year numbers from BHP Billiton PLC
Archive
Proactive Weekly Oil & Gas Round-up: Trinity Exploration & Production, Range Resources, UK Oil & Gas Investments ...
A look at the world of small cap oil and gas news this week
Cairn Energy extends success offshore Senegal as five-well programme completes
Cairn encountered some 24 metres of gross hydrocarbons, across three intervals
Cairn Energy reveals another Senegal well success in deep water
"FAN South is our tenth well in Senegal in the last three years and our second well to encounter oil in the deep portion of the basin"
Tullow Oil and Cairn Energy still seen as ‘buys’ at Deutsche Bank
Tullow and Cairn are both 'buys' whereas Genel Energy is seen as a 'sell'.
EnQuest has delivered Kraken heavy oil field ‘considerably under budget’
The North Sea oil firm has delivered the Kraken oil field, a US$2.5bn project that’s expected to produce up to 50,000 barrels of oil per day and some 1,000 oil jobs.
Royal Dutch Shell, BP downgraded as leading broker turns bearish on the oil price
Aussie broker Macquarie sees Brent averaging just over US$54 in the second-half, then US$49.33 and US$52.75 a barrel for 2018 and ’19 respectively
Cairn Energy India dividend claim moves to The Hague as co seeks US$1bn of damages
Final hearings for the tribunal are scheduled for January
Investments and investor services
FTSE 100 ends higher on day Brexit negotiations begin
The FTSE 100 closed 60 points up at 7,523 as the government begins Brexit negotiations.