Wood Group (J) Share News (WG.)

London open: FTSE 100 falls as energy stocks extend losses after OPEC meeting

Despite already having plunged the previous session, stocks in the energy sector were under further selling pressure on Friday in the aftermath of the OPEC meeting, pushing the FTSE 100 firmly into the red. The Organization of Petroleum Exporting Countries decided on Thursday not to scale back their

BUZZ-Oil stocks dominate European loser board as OPEC resists cuts

** Oil shares plunge on reports OPEC maintains production at 30 mln/bpd ** Sector index off 2.8 pct, wiping out just half its gain from last month's 3-year low. ** All 20 of the worst performers on the STOXX 600 are oil & gas producers or services, led by Petroleum Geo Services & Sea

Sector movers: Oil stocks tank as OPEC reportedly maintains target, crude extends losses

Concerns about falling oil prices hammered stocks in the energy sector on Thursday, with shares extending losses on reports that the Organization of Petroleum Exporting Countries (OEPC) has held off from scaling back production at its meeting in Vienna. Brent futures for January delivery were down 3

Sector movers: Petrofac profit warning sinks oil services stocks, OPEC meeting eyed

A profit warning from blue-chip oilfield services group Petrofac rattled the oil services, equipment and distribution sector in London on Monday, with stocks falling by an average 10%. There was nervousness ahead of a pivotal meeting of the Organization of Petroleum Exporting Countries (OPEC) on Thu

BUZZ-Petrofac: worst one-day drop ever on profit guidance

** Petrofac suffers its biggest single-day drop on record & hit lowest since 2010 after forecasting 2015 profits well below market consensus ** Heavy trading in the stock sees volumes hitting a full-day's average in just 20 minutes ** Company sees 2015 net profit to be around $500 mln

Wood Group's shares fall as CFO Semple announces retirement

John Wood Group's chief financial officer (CFO) Alan Semple said on Thursday he plans to step down at the oil and gas services firm's annual general meeting in May 2015. David Kemp, CFO of Wood Group PSN will succeed Semple, who has been with the company for more than 19 years. Ian Marchant, chairm

Wood Group extends Canadian oil rig deal

Oil services supplier John Wood Group has extended a deal to provide engineering, buying and construction services to a rig off the coast of Canada. Wood said its PSN division had agreed a new multi-million dollar, five-year contract with Hibernia Management & Development Company to supply the Hiber

UPDATE 3-Fugro shares lead oil services sector rally after Boskalis stake buy

(Adds director dealings and company comments, writes through) By Thomas Escritt AMSTERDAM, Nov 10 (Reuters) - Shares in Dutch oil services company Fugro NV jumped on Monday as the purchase of a stake by rival Boskalis fuelled talk of a possible bid for the troubled company and boosted

UPDATE 2-Fugro shares lead oil services sector rally after Boskalis stake buy

(Adds boost to rival firm's shares, writes through) By Thomas Escritt AMSTERDAM, Nov 10 (Reuters) - Shares in Dutch oil services company Fugro NV jumped on Monday as the purchase of a stake by rival Boskalis fuelled talk of a possible bid for the troubled company and boosted shares in

UK BROKER RATINGS: Citigroup Says Buy Boohoo, Cuts ASOS To Neutral

FTSE 250 movers: Oil stocks lead fallers while Man jumps

Oil stocks were leading the FTSE 250 downwards on Tuesday as US crude prices dropped to their lowest in three years. The slump came as the world's largest exporter, Saudi Arabia, lowered prices for crude exports to US customers in an attempt to support its market share. Producers Ophir Energy, Afren

Sector movers: Oil stocks tank as crude prices drop to three-year low

Sinking crude prices were pressuring oil producers and oil services stocks lower on Tuesday, with West Texas Intermediate (WTI) dropping to a three-year low. Oil dropped sharply after the world's largest exporter, Saudi Arabia, lowered prices for crude exports to US customers in an attempt to suppor

UK BROKER RATINGS: Charles Stanley And Nomura Cut Standard Chartered

Monday broker round-up UPDATE

African Barrick Gold: Westhouse Securities cuts target price from 285p to 230p maintaining an add rating. Antofagasta: Westhouse Securities reduces target price from 805p to 720p retaining its neutral rating. Centamin: Westhouse Securities shifts target price from 65p to 70p upgrading to buy. DCC:

UK BROKER RATINGS: Rolls-Royce Hit By Price Target Cuts