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Ophir's first Mlinzi Mbali well is a dud - UPDATE

FTSE 250 oil group Ophir Energy failed to discover oil or gas in the first of its much-anticipated 'high impact' wells drilled offshore Tanzania in 20...

Thursday broker round-up UPDATE

AstraZeneca: Alphavalue lowers target price from 3169p to 3087.7p and downgrades from reduce to sell. British American Tabacco: Panmure Gordon reduce...

London close: Markets flat as investors turn cautious ahead of Fed

- Stocks trading within narrow range ahead of Fed - Fed decision due at 19:00 London time - BoE votes unanimously on policy, warns of sterling strengt...

UPDATE 1-Austria's OMV enters oil, gas exploration projects in Gabon

* Gabon about to start major offshore drilling campaign * OMV CEO says plans further growth in Africa VIENNA/DAKAR, Dec 18 (Reuters) - Austrian oil an...

FTSE 250 movers: bwin.party jumps on confident outlook

Online gambling group bwin.party surged on Wednesday after saying that trading in the final quarter was in line with management's expectations. The fi...

London midday: Markets await Fed as data turns heat up on MPC

- Taper speculation picks up ahead of Fed decision - MPC votes unanimously on policy, warns of sterling strength - UK unemployment falls to four-and-a...

Austria's OMV enters exploration projects in Gabon

VIENNA, Dec 18 (Reuters) - Austrian oil and gas company OMV has agreed to start exploration in Gabon, building its position in sub-Saharan Africa aft...

London open: Markets edge higher despite taper uncertainty

- Fed meeting in focus, decision due out after close - BoE minutes to be released this morning - M&S downgraded by UBS to 'neutral' - Oil stocks in fo...