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PFC 891.69 +13.19 (1.50%)
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Petrofac upbeat despite dip in orders backlog
Petrofac, the oil and gas services company, played down a lull in its backlog of orders by insisting it was on track to win more business and meet its ambition to double earnings in the five years to 2015.
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Petrofac, National Grid plan carbon capture plant
"The carbon dioxide captured will be transported via pipeline to St. Fergus by National Grid Carbon and then transferred offshore for geological sequestration deep under the North Sea by Petrofac subsidiary, CO2DeepStore," Seattle-based Summit Power ...
National Grid and Petrofac plan �1bn Scottish carbon capture and storage plant
Scottish power plant could utilise CCS technology  The Engineer
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Oil industry struggles to contain risks
One of the main conclusions of the US government report into BP's devastating spill in the Gulf of Mexico was that other countries with strong offshore oil industries such as Britain had better regulatory systems.
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Concern on sales outlook hits Serco
Weir Group sank 4.7 per cent to �19.39 after Citigroup turned negative on the pump-maker. Citi was concerned about limited growth from Weir's oil and gas business for the next two years and that profit margins would fall back in line with Weir's peer ...
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Dignity seeks acquisitions for growth
Dignity, the funeral services business, will continue making acquisitions to provide growth as the UK's ratio of deaths to population, or death rate, declines by about 1 per cent each year.
Oil industry warns of declining North Sea production
Oil production in the North Sea experienced a stark decline in 2011, according to industry body Oil & Gas UK (OGUK). OGUK estimated an 18% fall in North Sea production in 2011 compared with an average 6% decrease over the last five years.
FTSE 100: Energy stocks steam ahead as large-caps flatline
Oil and gas services group, Petrofac, gained 1.4pc. But, that did not much help the benchmark index in morning trading. Persistent concerns over damp global economic growth weighed on the miners, with Vedanta Resources down 2.2pc.
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Chancellor announces North Sea oil tax relief
Is Premier Oil PLC A Better Buy Than BG Group plc, Petrofac Limited And John Wood Group PLC? 26/02/2015. Why These Companies Are At Risk Of Bankruptcy: Premier Foods Plc, Avanti Communications Group PLC, Vedanta Resources plc, Tullow Oil plc ...
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CITY DIARY: John Lewis and Waitrose staff brace for bonus cuts plus Morrisons ...
Commodities giant Glencore International will publish its full year results, while oil and gas company Petrofac will unveil its preliminary results.
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The oil price is the new eurozone crisis
If, as they say, bull markets �climb a wall of worry� then the seamless shift from fretting about Greece to today's focus on Iran may be no bad thing.
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