Wednesday preview: Truss speech, global services PMIs in focus
(Sharecast News) - All eyes on Wednesday will be on the Prime Minister's speech at the Conservative Party conference.
Read more(Sharecast News) - All eyes on Wednesday will be on the Prime Minister's speech at the Conservative Party conference.
Read more(Alliance News) - Stocks in London closed in the green on Monday, with the FTSE 100 boosted by a positive session for oil majors, while the pound was stronger after a policy U-turn from the UK government.
Read moreFTSE 100 up 0.2%, FTSE 250 adds 0.7%
*Read more(Sharecast News) - Interest rate sensitive sectors were topped the leaderboard after the government walked back on a proposed tax cut for top earners.
Read more(Alliance News) - Stock prices in London were lower at midday on Monday, but eased from steeper losses, while the pound was supported by a tax policy U-turn from UK Chancellor Kwasi Kwarteng.
Read more(Sharecast News) - Brent crude oil futures jumped at the start of the quarter amid reports that the Organisation of Petroleum Exporting Countries and its allies may cut their combined output by approximately 1.0m barrels a day.
Read more(Sharecast News) - Oil major BP disclosed that one of its non-executive directors had bought a large amount of shares on 30 September.
Read moreSept 28 (Reuters) - BP Plc laid off most contractors at the approximately 160,000 barrel-per-day Toledo, Ohio, refinery it owns with Cenovus Energy Inc, according to sources familiar with the matter on Wednesday, indicating that the plant will experience a prolonged shutdown following last week's explosion and fire.
Read moreSept 28 (Reuters) - BP Plc laid off most contractors at the 185,000 barrel per day Toledo, Ohio, refinery it owns with Cenovus Energy, according to sources familiar with the matter on Wednesday, indicating the plant will experience a prolonged shutdown following last week's explosion and fire.
Read moreMILAN, Sept 28 (Reuters) - The Trans-Adriatic pipeline (TAP), that carries gas to Italy from Azerbaijan, has become the country's second-largest gas supplier after Algeria, the pipeline's Managing Director Luca Schieppati said on Wednesday.
Read moreHOUSTON, Sept 27 (Reuters) - About 11% of oil production in the U.S. Gulf of Mexico was shut on Tuesday as a powerful Hurricane Ian forced oil companies to evacuate workers and the storm took aim at Florida.
Read more(Alliance News) - BP PLC on Tuesday said it signed a memorandum of understanding for the development of a network of electric vehicle charging stations with Hertz Corp for North America.
Read moreSept 27 (Reuters) - BP PLC said on Tuesday it would be redeploying offshore personnel to the Na Kika and Thunder Horse platforms after determining conditions were safe to return.
Read moreHOUSTON, Sept 27 (Reuters) - U.S. offshore oil producers on Tuesday were keeping a wary eye on Hurricane Ian's track as the powerful storm shut-in at least 480,000 barrels of oil production ahead its move into the U.S. Gulf of Mexico.
Read moreKosmos Energy Ltd - oil and gas producer focused on Ghana, Guinea and the US Gulf of Mexico - Says earlier this month, partner BP PLC informed Kosmos that the floating production, storage and offloading vessel being built for the pair's Greater Tortue Ahmeyim project was unmoored by a storm. The FPSO, being built in a shipyard in Qidong, China, drifted 200 meters off the quayside after mooring lines became compromised during Typhoon Muifa. Kosmos has now been informed by BP that the FPSO has been returned to the quayside of the COSCO shipyard in China. Says inspections conducted to date have not identified any serious damage. Plans to give a further project update alongside its third quarter results in early November.
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