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AFR.L News

London pre-open: Slow start expected as oil slumps, US earnings ahead
12 Jan 2015

London pre-open: Slow start expected as oil slumps, US earnings ahead

UK stocks were expected to open more or less flat on Monday morning with investors taking a cautious approach after another slump in the price of oil....

Afren considering "strategic options" for Kurdistan project as resources revised lower
12 Jan 2015

Afren considering "strategic options" for Kurdistan project as resources revised lower

Oil and gas group Afren said it is looking at its "strategic options" for its 60% interest in the Barda Rash field, after analysis of the Kurdistan pr...

Sector movers: Resource stocks drop as crude prices sink
5 Jan 2015

Sector movers: Resource stocks drop as crude prices sink

Stocks in the resource sectors dropped sharply on Monday as shares tracked commodity prices lower, with oil and copper prices extending multi-year low...

FTSE 250 movers: Energy sector struggles as oil price continues to slide
5 Jan 2015

FTSE 250 movers: Energy sector struggles as oil price continues to slide

Oil producers such as Afren and Premier Oil, and energy services firms Wood Group, Hunting and Petrofac, were all falling sharply on Monday as the pri...

Afren reclaims $20m from dismissed directors
2 Jan 2015

Afren reclaims $20m from dismissed directors

Africa-focused oil explorer Afren has successfully drilled its former chief executive and chief operating officer for more than $20m after they were d...

FTSE 250 movers: Food retailers take a hit while energy stocks soar
23 Dec 2014

FTSE 250 movers: Food retailers take a hit while energy stocks soar

Retail stocks were mixed on the day before Christmas Eve. Home Retail Group, N Brown Group and Supergroup were advancing as last-minute shoppers heade...