FTSE 100 today: Blue-chip set to open lower amid stalled Fed cut bets and EU political uncertainty June 10, 2024 Asian stocks dipped and the euro weakened after far-right gains in the EU elections. All eyes are on the US Fed and BOJ policy decisions.
Green hydrogen specialist ITM Power expects to halve losses amid threefold revenue rise June 6, 2024 Green hydrogen producer ITM Power said it expects to cut losses by more than half in its full-year results, alongside a threefold rise in revenue.
FTSE 100 today: London markets primed to open higher as rate cut odds strengthen June 5, 2024 Asian markets surged on rate cut expectations, while Australia's Q1 growth slowed. Eyes on global services PMI releases and Computacenter.
Going green? Not without backing from the City, you don’t June 4, 2024 The energy transition requires investment in two things: transition (obviously) and new, greener, cheaper technologies.
New record for Hunting after £70m order from Kuwait Oil Company June 3, 2024 Oil and gas engineering group Hunting has received an order from Kuwait Oil Company valued at $86m (£67.5m).
FTSE 100 today: London markets set to open higher on growing rate cut bets June 3, 2024 Asian stocks climb on rate cut hopes, oil prices dip despite OPEC+ extension. Eyes on ECB, BOC policy decision and US non-farm payroll data.
OPEC+ agrees to extend deep oil production cuts into 2025 June 2, 2024 OPEC+ agreed a deal on Sunday that to extend a critical portion of its oil supply cuts well into 2025. It has been cutting oil supply since late 2022.
British Gas: Centrica faces shareholder revolt over £8.2m CEO pay packet June 2, 2024 The owner of British Gas will face down shareholders on Wednesday over its chief executive's £8.2m pay packet.
Swinney: Labour would cause ‘devastation’ to employment in oil and gas industry June 1, 2024 “There’s a lot of independent commentary that indicates that the plans of the Labour Party and particularly their tax grab that is being perpetuated by the Conservative and Labour parties is having a real damaging effect on investment in the oil and gas sector".
Petrofac: Losses almost double after delayed results finally revealed May 31, 2024 Losses at embattled oil services provider Petrofac almost doubled to more than $400m (£314m) during 2023 after its delayed accounts were finally published.