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Fri, 14th Sep 2018 16:46
BAKU, Sept 14 (Reuters) - British oil major BP hasacquired a 61 percent participating interest in the existingonshore Gobustan PSA (product sharing agreement) in Azerbaijan,BP Azerbaijan said on Friday.
BP, as operator, plans to drill one exploration well toappraise a potential prospect in the contract area in the secondhalf of 2019, the company said in a statement.(Reporting by Nailia BagirovaWriting by Maria KiselyovaEditing by Louise Heavens)
(Alliance News) - The FTSE 100 in London closed slightly lower on Tuesday, as miners and oil firms continued to drag down the index throughout the day.
Read more(Alliance News) - European equities were mixed heading into Tuesday afternoon, with weaker China data and doubts over the US interest rate outlook weighing on the mood.
Read more(Alliance News) - A subdued start to the week for European equities continued on Tuesday, with hawkish words from a US central banker supporting the dollar and making some rethink their interest rate outlook for the Federal Reserve.
Read more(Alliance News) - Kosmos Energy Ltd on Monday said it has increased its working interest in the Yakaar-Teranga discovery to 90%, consequently assuming operatorship, and reported a rise in its quarterly revenue.
Read more(Alliance News) - Stock prices in London closed mixed on Friday, as some soft US data seemingly confirmed that the central banks are done with interest rate hikes, at least for now.
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(Sharecast News) - Berenberg has lifted its target price for oil titan BP after this week's third-quarter results, but kept a 'hold' rating, saying it sees more attractive investments elsewhere in the sector.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Alliance News) - Stocks in London are expected to rise on Thursday, following the interest rate decision in the US, with all eyes now on the Bank of England.
Read more(Sharecast News) - London's stock market finished in positive territory on Wednesday, with investors keeping a keen eye on the upcoming policy announcement from the US Federal Reserve.
Read more(Sharecast News) - JPMorgan Cazenove downgraded BP on Wednesday to 'underweight' from 'neutral' and cut the price target to 550p from 615p.
Read more(Alliance News) - Stock prices in London were lower at midday Wednesday, as investors eye two key interest rates from the US Federal Reserve and the Bank of England.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read more(Alliance News) - Stocks in London are called higher on Wednesday, with the main focal point for the day being the upcoming US interest rate decision.
Read more(Alliance News) - London-listed blue-chips faded after a bright start with falls in oil majors, and index heavyweights, BP and Shell dragging the FTSE 100 lower.
Read more(Sharecast News) - London's stock markets saw a mixed performance on Tuesday, with Rolls-Royce recording solid gains after a rating upgrade, while BP fell on disappointing third-quarter numbers.
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