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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

Latest Share Chat

BUZZ-Oil and gas companies: Oil rises after BP capex cut

Tue, 03rd Feb 2015 12:55

** U.S.-listed oil and gas companies' shares up 2-6 pctpremarket

** Oil rose on Tuesday as BP announced a cut in capitalexpenditure for 2015

** Oil has gained more than 15 pct since Thursday after datashowed the number of U.S. drilling rigs had fallen the most in aweek in nearly 30 years

** Brent crude futures up 2.96 pct at $56.37 perbarrel; U.S. crude up 2.7 pct at $50.88 per barrel

** Oil and gas producers: BP Plc up 2.4 pct at$40.80, Energy XXI Ltd up 5.8 pct at $3.45, BreitBurnEnergy Partners up 4 pct at $8

** Oilfield services providers: Denbury Resources Inc up 4 pct at $8.06, Baker Hughes Inc up 2.3 pctat $61.12, Halliburton Co up 2 pct at $42.30

** Contract drillers: Transocean Ltd up 5 pct at$18.14, Nabors Industries Ltd up 3.1 pct at $12.38

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