Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.

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Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

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Share Price Information for BP (BP.)

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Share Price: 500.50
Bid: 499.75
Ask: 499.90
Change: -3.20 (-0.64%)
Spread: 0.15 (0.03%)
Open: 498.00
High: 500.50
Low: 490.65
Prev. Close: 503.70
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UPDATE 1-Norway gets bids from 38 oil firms in licensing round

Fri, 07th Sep 2018 13:09

OSLO, Sept 7 (Reuters) - A total of 38 oil companies havesubmitted bids for exploration acreage offshore Norway in aso-called predefined areas (APA) licensing round, the country'senergy ministry said on Friday.

Bidders include oil majors Shell, ConocoPhillipsand Total, as well as Norway's Equinorand Aker BP, Sweden's Lundin andItaly's Eni.

The total number of bidders was almost as high as the record39 in the previous APA round last year.

When announcing the round in May, the government expandedthe pre-defined areas near existing discoveries by a total of103 blocks in the Norwegian and the Barents Seas.

Norway's right-wing government wants oil companies toexplore more on the Norwegian continental shelf, especially inthe Arctic Barents Sea, which is estimated to hold more thanhalf of undiscovered resources on the shelf.

"The oil companies showing such interest in exploration onthe Norwegian continental shelf is important for future valuecreation, jobs and government revenues from Norway's largest andmost important industry," Norway's Oil and Energy MinisterKjell-Boerge Freiberg said.

About 170,000 people are directly or indirectly involved inthe petroleum industry in the Nordic country of 5.3 million, theministry said.

Environmentalists and some opposition politicians, however,have called on the Norwegian government to stop exploring fornew oil and gas resources to reduce global carbon emissions.

The ministry plans to award licences in early 2019, itadded.(Reporting by Ole Petter Skonnord, editing by Nerijus Adomaitisand Mark Potter)

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15 Apr 2024 08:59

LONDON MARKET OPEN: FTSE 100 falls as oil lower despite Iran strikes

(Alliance News) - Stock prices in London opened lower on Monday, with a decline in oil prices sending Shell and BP lower, in a cautious start to the week following Iran's strikes on Israel over the weekend.

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(Sharecast News) - Commodity plays were again sought out at the end of the week after The Wall Street Journal said that an Iranian attack against Israel was thought to be imminent.

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12 Apr 2024 17:28

FTSE 100 sets near record close as commodity stocks shine

FTSE 100 up 0.9%, FTSE 250 off 0.3%

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Europe's main energy stocks index hits highest since 2008

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12 Apr 2024 14:45

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12 Apr 2024 11:51

LONDON MARKET MIDDAY: February data spurs end of UK recession hopes

(Alliance News) - Stocks in London got a boost on Monday at midday, as investors were optimistic that the UK is heading out of its short lived recession.

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12 Apr 2024 11:47

Europe's main energy stocks index hits highest since 2008

April 12 (Reuters) - The main European energy stocks index hit its highest level since 2008 as higher oil prices, geopolitical risks, and global economic uncertainty drew in investors on Friday.

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TOP NEWS: BP shares rise after reports Adnoc had pondered takeover

(Alliance News) - Shares in BP jumped on Friday after reports that the state-owned, United Arab Emirates oil company was considering, but had ruled out, a bid for the London-based oil major.

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LONDON MARKET OPEN: Stocks get boost thanks to growth in UK economy

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UAE's ADNOC said to have recently considered BP takeover

(Sharecast News) - The United Arab Emirates' state-owned oil company recently considered buying BP but the deliberations did not progress beyond preliminary discussions, according to a report.

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11 Apr 2024 14:41

Senegal says oil, gas and mine contracts will be reworked if needed

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10 Apr 2024 08:41

Johnson Matthey and BP win deal for US sustainable aviation fuel plant

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LONDON BRIEFING: Stocks called up ahead of US inflation data

(Alliance News) - Stocks in London are called to open higher, as investors shake off nerves ahead of a key US inflation reading.

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