Wood Group (J) Share News (WG.)

BUZZ-Oil stocks rally as Brent squeezes higher

** Oil stocks among top gainers in Europe by midday as Brent squeezes higher after opening down 2.5 pct ** Brent rises 3.2 pct, extending gains of 7.9 pct on Friday after a bigger than expected fall in the US rig count triggered mass short-covering ** More stops triggered on Monday fu

UK BROKER RATINGS: Shell And BG Group Are Downgraded

FTSE 250 movers: Kaz Minerals surges after hitting annual targets, energy stocks fall

Kaz Minerals topped the risers after revealing it met its annual production target for 2014 with an output of 83,500 tonnes. Kaz's new gold and copper mine at Bozymchak, Kazakhstan, made its first shipment of concentrate at the end of 2014. Dairy Crest was also trading higher after signing a thre

UK BROKER RATINGS: Barclays Upgrades Easyjet To Overweight

BUZZ-Earnings miss at Shell hits supply chain

** Oil support service stocks dominate top losers on Stoxx 600 after weak Q4 results from Shell ** Co to cut spending by $15bln over next 3 yrs, hitting supply chain ** Providers to Shell include Technip and Subsea , along with US peers Transocean, Noble and Schlumberger ** Cre

FTSE 250 movers: Afren sweating on Seplat deadline, Chinese stocks hit

Takeover target Afren was weaker as the deadline for suitor Seplat to return to the table with a possible offer was extended. The Nigerian group approached its FTSE 250 peer last month about a potential tie-up and has until 17:00 on Friday 30 January to 'put up or shut up', according to takeover rul

Sunday newspaper round-up: Enquest, Britain's economy, Bank of England

EnQuest is cutting spending, jobs and pay in an effort to avoid breaking the terms of its bank loans, the Sunday Times reported. The biggest independent UK North Sea oil producer's shares have fallen 80% since last summer as the price of crude oil collapsed. Investors took fright because of the comp

MARKET COMMENT: London Closes Mixed As Oil Prices Resume Fall

UK WINNERS & LOSERS: Afren Plummets After Barda Rash Downgrade

UK BROKER RATINGS: Berenberg Downgrades ITV To Sell From Hold

BUZZ-Monday blues for European oil services sector, again

** Slide in crude oil prices continues unabated & sees European oil-related stocks dominate the loser boards across the region once again. ** Hunting slumps more than 10 pct & is the worst performer across the Stoxx 600. Stock hits lowest level in more than 5 years. ** Afren, which wa

UK MORNING BRIEFING: Shire Sets Out Ambitions With USD5.2 Billion Buy

Sector movers: Oil services hit by crude-price fall, analyst comments

Oil equipment, services and distribution stocks were trading in the red on Friday as crude prices declined and comments from Morgan Stanley weighed on sentiment. The recent collapse in oil has hammered shares across the energy services sector over the last few months as exploration and production fi

UBS says oil services profits at risk after crude collapse

The outlook for the European oil and gas sector in 2015 is "not encouraging", according to UBS which cut target prices for a number of energy services stocks on Tuesday. Brent crude prices almost halved over 2014 and are currently trading at around $51-52 a barrel (bbl), a level not seen since May 2

BUZZ-Oils not all for Afren, UK midcap energy

** Oil & oil-related stocks the biggest drags on the UK midcaps index with last year's worst performer Afren's 6.4 pct dip leading losses ** Afren, hit by slumping crude prices, a scandal that has seen the departure of top executives and its exposure to Western Africa, lost a little under