Harbour Energy Share News (HBR)

LONDON MARKET CLOSE: FTSE 100 inches higher as BoE moves into focus

(Alliance News) - European equities closed slightly higher on Monday, supported by favourable eurozone data and the hope of more stimulus in China, after an underwhelming factory reading there.

Britain commits to hundreds of North Sea oil and gas licences

UK commits to future North Sea licences

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Harbour Energy gets Track 2 status for Acorn, Viking projects

(Sharecast News) - Harbour Energy said on Monday that the Humber-based Viking CO2 transportation and storage network and Acorn CCS projects have been awarded Track 2 status as part of the government's CCS cluster sequencing process.

IN BRIEF: Harbour Energy wins UK Track 2 status for Viking and Acorn

Harbour Energy PLC - oil and gas company with interests in Indonesia, Vietnam, Mexico and Norway - Says Viking CO2 transportation & storage network in Humber, north England and Acorn carbon capture & storage project in northeast Scotland are awarded Track 2 status by UK government. This allows both projects to progress to front end engineering & design plus discussions with the government over economic licence terms. Harbour says Viking could transport and store up to 10 million tonnes, and potentially enable CO2 shipping from UK and international emitters for permanent storage within the network's fields.

UK says will issue 'hundreds' of new oil, gas licences in North Sea

(Alliance News) - The UK government said Monday it would issue "hundreds" of new oil and gas licences in the North Sea to secure energy reserves while still aiming for net zero carbon emissions by 2050.

Indonesia's big gas projects to proceed after global majors sell stakes

TANGERANG, Indonesia, July 25 (Reuters) - Shell and Chevron's agreements to sell stakes in major Indonesian gas projects to Pertamina, Petronas and Eni will unleash development at the fields, enabling the country to boost its flagging output, the buyers said.

LONDON BROKER RATINGS: Jefferies raises Hargreaves Lansdown to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Berenberg trims price target on Harbour Energy

(Sharecast News) - Berenberg reiterated its 'hold' rating on Harbour Energy on Friday, but warned of potential downside to the current share price.

LONDON BROKER RATINGS: HSBC downgrades commercial property stocks

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

LONDON BROKER RATINGS: UBS likes Pearson; Liberum cuts Naked Wine

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

LONDON MARKET CLOSE: Blue chips lose early shine as US treads water

(Alliance News) - London's FTSE 100 ran out of steam on Monday to close little changed, while New York markets made a muted start to an abbreviated session ahead of Independence Day.

LONDON MARKET MIDDAY: Miners and oil majors lead FTSE 100 march

(Alliance News) - European equities went into Monday afternoon on the up, with the FTSE 100 outperforming as it was supported by its natural resources sector and oil majors.

Britain to waive oil, gas windfall tax if prices fall far enough

LONDON, June 9 (Reuters) - Britain's windfall tax on oil and gas producers will not be applied if prices drop below certain levels for six months in a row, the finance ministry said on Friday, in a move the government hopes will boost energy security.

LONDON MARKET MIDDAY: Europe slips in pre-central bank jitters

(Alliance News) - Stock prices in Europe wobbled on Friday, with investors nervously awaiting next week's US inflation report and central bank decisions there and in the EU and Japan, while eyes turn to the New York open after a bullish run for the S&P 500 index continued on Thursday.

Government introduces price floor on energy windfall tax

(Sharecast News) - A windfall tax on excessive oil and gas profits will be suspended should energy prices fall, the government confirmed on Friday.