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United Kingdom & Ireland Oil & Gas Newswire

  • Published on Jul 11, 2025

    BP shares edge up despite warning of hit from lower oil and gas prices

    BP has warned that its second quarter results, due next month, are likely to be affected by a downturn in oil and gas prices. The average price of crude oil was recorded at $67.9 per barrel over the quarter, a decrease from $75.7 per barrel in the previous …

    Source: Business Live - Neutral
  • Published on Jul 11, 2025

    BP ratchets up oil and gas output after green energy retreat - but weaker prices weigh on profits

    But weaker fossil fuel prices weigh on energy giant's profits By MIKE SHEEN Updated: 07:44 EDT, 11 July 2025 BP gas and oil production volumes are expected to have jumped over the second quarter as the energy giant continues to refocus efforts on …

    Source: This Is Money - Neutral
  • Published on Jul 11, 2025

    UK GDP unexpectedly falls for second month in a row

    The UK's economy unexpectedly fell for a second month in a row in May. Gross domestic product (GDP) shrank 0.1% in May, following a 0.3 % contraction in April, the Office for National Statistics said in a statement on Friday. The figures add to …

    Source: Deutsche Welle - Public Broadcaster
  • Published on Jul 11, 2025

    British economy contracts 0.1 pct in May: ONS

    LONDON, July 11 (Xinhua) -- Britain's monthly real gross domestic product (GDP) fell 0.1 percent in May 2025, mainly dragged down by a notable output downturn in the manufacturing sector, according to data released by the Office for National Statistics …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Jul 11, 2025

    UK faces economic setback as GDP declines again in May

    Britain’s economy has recorded its second consecutive monthly contraction in May, raising fresh concerns for the new Labour government led by Prime Minister Keir Starmer and signaling a broader UK economic setback. Data released on Friday by the Office for …

    Source: Tribune Online - Center-right
  • Published on Jul 11, 2025

    The small-bore view of oil-pipeline critics

    Open this photo in gallery:The Trans Mountain pipeline expansion project under construction in 2023. S&P Global projects Canada’s pipelines will hit capacity by 2030.DARRYL DYCK/The Canadian Press Anyone who has used a garden hose knows you don’t …

    Source: The Globe and Mail - Neutral
  • Published on Jul 11, 2025

    Masdar, Iberdrola to build €5B UK wind farm

    Abu Dhabi’s renewables giant Masdar and Spain’s Iberdrola agreed to build a €5.2 billion ($6.1 billion) offshore wind farm off the eastern British coast, in what they called one of the largest such projects this decade. The 1.4-gigawatt facility, set for …

    Source: Semafor - Neutral
  • Published on Jul 11, 2025

    Rachel Reeves says GDP figures ‘disappointing’ after UK economy shrinks for second month running

    Reeves: Fall in GDP is disappointingChancellor Rachel Reeves has described the latest GDP figures as “disappointing”. Following this morning’s news that the UK economy contracted by 0.1% in May, Reeves points to the government’s efforts to support …

    Source: The Guardian - Center-left
  • Published on Jul 11, 2025

    BP Faces Profit Squeeze as Oil Prices Dip

    The unexpected contraction in May contributed to a 0.1 % decline in the UK economy as reported by the Office for National Statistics. It was the second consecutive month of slip, with the analysts having expected it to rise slightly. This recession …

    Source: ABC Money - Pending
  • Published on Jul 11, 2025

    Offshore Energies UK urges more action to reach government Clean Power 2030 target

    Offshore Energies UK (OEUK) has today proposed key reforms to accelerate offshore wind generation following the government’s publication of its Review of Electricity Market Arrangements (REMA). OEUK says the decision to take a national approach to pricing …

    Source: OEUK - Pending
  • Published on Jul 11, 2025

    UK economy shrinks for second month running in May

    UK economy shrinks again in MayNewsflash: The UK economy has shrunk for the second month running, in a blow for chancellor Rachel Reeves. UK GDP contracted by 0.1% in May, new data from the Office for National Statistics shows, rather weaker than the 0.1% …

    Source: The Guardian - Center-left
  • Published on Jul 11, 2025

    Oil heading for weekly gain on potential Russia sanctions and Trump tariffs

    Oil prices climbed on Friday as the market considered potential US sanctions on oil-producer Russia and another round of tariff threats, with prices heading for a modest weekly gain. Brent, the benchmark for two thirds of the world's oil, rose 0.4 per …

    Source: The National News - Pro-Government
  • Published on Jul 11, 2025

    Rachel Reeves to try to reassure City investors after unexpected UK GDP fall

    Rachel Reeves will attempt to shrug off the UK’s anaemic economic performance at her Mansion House speech next week, after the latest official figures showed the economy unexpectedly shrank in May. The chancellor is expected to say the City is at the heart …

    Source: The Guardian - Center-left
  • Published on Jul 11, 2025

    Is the UK still attractive to listed operators?

    Consolidation has left the UK with few listed gaming companies. Regulatory uncertainty, economic trends and the allure of US equity have propelled this trend, Nicole Macedo writes. Taking a look at UK gambling investment, London’s public equity market has …

    Source: iGB - Neutral
  • Published on Jul 11, 2025

    TotalEnergies' Mozambique gas project at a turning point

    Construction on a stalled $20 billion gas project by TotalEnergies in Mozambique is edging closer to restarting, four years after it was suspended due to a bloody jihadist insurgency. The French oil giant has said it hopes to re-ignite the project this …

    Source: Modern Ghana - Neutral
  • Published on Jul 11, 2025

    UK shares trade lower with eyes on GDP data, widening trade war

    London's main stock indexes slipped on Friday as weaker-than-expected GDP data and escalating U.S.-led trade tensions weighed on sentiment, a day after the blue-chip FTSE 100 hit a record high. The internationally oriented FTSE 100 fell 0.5% by 0925 …

    Source: Zawya - Indeterminate
  • Published on Jul 11, 2025

    The Commodities Feed: OPEC+ Nearing The End Of Supply Hikes

    Thursday, July 10, 2025 10:41 PM EDT Image Source: Unsplash Energy – Oil falls while natural gas rallies   Oil prices came under pressure yesterday with ICE Brent settling more than 2.2% lower, taking it back below US$70/bbl. This morning, prices have …

    Source: myMotherLode - California - Pending
  • Published on Jul 11, 2025

    Surprise shrink in UK GDP in May as US exports 'remained relatively low' - ONS

    11 July 2025, 05:08 | Updated: 11 July 2025, 09:32 The UK economy unexpectedly shrank in May, even after the worst of Donald Trump's tariffs were paused, official figures showed. Your browser doesn't recognise available video formats. A standard …

    Source: Smooth Radio - Pending
  • Published on Jul 11, 2025

    London open: Stocks steady as UK GDP misses forecasts

    At 0820 BST, the FTSE 100 was flat at 8,977.96, having hit record highs on Thursday. Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: "Donald Trump is rattling sabres in his trade war again, causing more nervousness to creep …

    Source: ShareCast - Neutral

02 days 23:33:04

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