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  • Gulf Keystone reserves soar at Shaikan

    Thursday 19 Jul 2012

    Gulf Keystone has unveiled a significant upgrade of the gross oil-in-place volumes for the Shaikan field in the Kurdistan Region of Iraq to a mean value of 13.7bn barrels.

  • Avocet CEO to resign with immediate effect

    Wednesday 18 Jul 2012

    West Africa-focused gold miner Avocet Mining has revealed that its Chief Executive Officer (CEO) is to resign and will be replaced by the group's Chief Operating Officer (COO).

  • US pre-open: Corporate results on weak side today

    Wednesday 18 Jul 2012

    The main US equity benchmarks are now being called to open 0.3% lower on average. That following some rather neutral housing data out before today´s opening bell and ahead of Fed chairman Ben Bernanke´s testimony before the lower chamber of Congress.

  • Broker snap: Credit Suisse downgrades BG Group on challenges ahead

    Wednesday 18 Jul 2012

    Credit Suisse has downgraded its rating for natural gas giant BG Group from 'outperform' to 'neutral', saying that the market has yet to full appreciate the transitional challenges that the group faces in the upstream cycle.

  • Commodities: Crude logs sixth straight gain

    Wednesday 18 Jul 2012

    Crude oil futures shrugged off earlier weakness, to rise for the sixth consecutive session on Wednesday, after a government report revealed a decline in US inventories last week.

  • Tethys Petroleum thinks Tajikistan assets greater than UK North Sea

    Wednesday 18 Jul 2012

    Oil exploration outfit Tethys Petroleum has today announced that the prospective resources of its Tajikistan assets may be significantly greater than those estimated to remain in the UK North Sea. This increase is a result of an updated independent Resource Report for the same.

  • Europe open: Spain fights to maintain access to debt markets

    Wednesday 18 Jul 2012

    -Germany and Italy to vote on ESM today

  • Market overview: MPC vote 7-2 in favour of more QE

    Wednesday 18 Jul 2012

    0940: The minutes of the Bank of England's Monetary Policy Committee (MPC) showed that the members voted unanimously in favour of maintaining the bank rate at 0.5 per cent. Meanwhile, seven out of the nine members voted to raise the asset purchase programme by 50bn pounds. The Footsie is trading 24 points higher at 5,653.

  • Europe open: Stocks rise slightly at the start

    Tuesday 17 Jul 2012

    -Banks deposit €382bn over night at ECB -Light data calendar

  • FX round-up: Dollar hits turbulence after Bernanke

    Tuesday 17 Jul 2012

    The dollar slipped against major currencies on Tuesday as Federal Reserve Chairman Ben Bernanke offered a vague report on recent economic progress in the US and remained similarly tight lipped about potential stimulus action.

  • Commodities: Crude turns higher on stimulus optimism

    Tuesday 17 Jul 2012

    Crude oil futures marked their fifth day of gains on Tuesday, rising 0.9 per cent, as markets weighed up US Federal Reserve Chairman Ben Bernanke's comments on quantitative easing.

  • Wednesday tips round up: Shell, IG Group, ITE

    Tuesday 17 Jul 2012

    In the Telegraph, Questor is still a fan of Shell. The column believes management have held their nerve by walking away from a bid for Cove Energy which has attractive natural gas assets in East Africa - the next frontier for gas producers.

  • Tullow optimistic after oil find offshore Ghana

    Tuesday 17 Jul 2012

    Oil and gas giant Tullow has found oil and gas-condensate at its Wawa-1 well offshore Ghana, the first of three important remaining exploration wells to be drilled in the second half of 2012.

  • London close: Stocks slip as Bernanke disappoints

    Tuesday 17 Jul 2012

    - No hints from Bernanke for QE3 - German ZEW index falls for third straight month - G4S tumbles on Olympics contract; CSR rockets after disposal, cash return

  • Corporate profit forecasts fall as sentiment weakens in July

    Tuesday 17 Jul 2012

    Global equities may have rallied since June but investor sentiment has deteriorated further, according to the latest fund manager survey (FMS) from Bank of America Merrill Lynch (BofA ML).

  • FTSE 100 movers: G4S is once again leading the way lower

    Tuesday 17 Jul 2012

    Security solutions firm G4S continued to fall as it is hampered by the Olympics contract debacle.

  • FTSE 100 movers: G4S is once again leading the way lower

    Tuesday 17 Jul 2012

    Security solutions firm G4S continued to fall as it is hampered by the Olympics contract debacle.

  • EKF in kidney biomarker licence agreement

    Tuesday 17 Jul 2012

    EKF Diagnostics Holdings, a manufacturer of point of care in-vitro diagnostic devices, has signed an exclusive agreement with the Joslin Diabetes Center, an affiliate of Harvard Medical School, to license certain novel kidney disease recognition technology.

  • Alcatel plunges 15% after profit warning

    Tuesday 17 Jul 2012

    Alcatel-Lucent currently leads the decliners on the French benchmark Cac-40 after issuing a profit warning for this year.

  • BoE´s Fisher does not see an exit from QE any time soon

    Tuesday 17 Jul 2012

    One of the aspects of today´s Treasury Select Committee testimony that market participants have grasped upon are the remarks from Bank of England Director Paul Fisher to the effect that the central bank will not be attempting to ‘exit’ monetary policy “any time soon”.

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