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Soco International

July 2015

  • A villager who objects to any oil prospecting and drilling posing in an undisclosed location as part of the Draw the Line, Save Virunga National Park campaign

    Keep it in the ground
    Church of England divests from Soco oil firm over Virunga operations

    CoE sells £1.6m stake, citing ethical concerns over UK firm’s controversial plans to drill in the Congo national park that’s a last stronghold for endangered mountain gorillas

June 2015

  • A ranger in Virunga national park, Democratic Republic of the Congo.

    UK oil firm 'paid Congolese officer who offered bribe to Virunga park ranger'

    Leaked documents appear to show Soco paid $42,000 to officer who was filmed offering bribes to opponents of oil exploration in DRC national park

February 2015

  • Gorillas Virunga National Park

    Church of England may sell £3m stake in mining firm over fears for gorilla haven

    Move follows film backed by Leonardo DiCaprio and pleas by environmentalists to protect Congo’s Virunga park

January 2015

  • Traders at the New York Stock Exchange. Photo: Reuters/Brendan McDermid.

    Market Forces blog
    FTSE slips as oil shares drop and US rate and Greece worries grow

  • Oil companies cutting investment after crude price slump. Photo: Hasan Jamali/AP.

    Market Forces blog
    Soco slides 7% as it cuts investment due to oil price slump

March 2014

  • Democratic Republic of Congo - Animals - Mountain Gorillas

    Finance
    Soco International's oil activity in world heritage park raises tricky questions for investors

    Withdraw, engage or ignore? The oil company's exploration of options in Africa's oldest national park puts its investors, including Aviva and L&G, into a difficult position

August 2013

  • Congo's rare mountain gorillas could become victims of oil exploration

    WWF warns of environmental disaster and permanent conflict if British firm begins drilling for oil inside Virunga national park

March 2013

  • Market Forces blog
    FTSE 100 finishes above 6500 for first time in more than five years

    Investors shrug off Italian downgrade and disappointing Chinese data to push markets yet higher

July 2012

  • Market Forces blog
    FTSE finishes higher despite disappointing data, while Soco surges on Vietnam deal

    Investors shrug off disappointing global manufacturing data to push index to best level since start of May

April 2012

  • Market Forces blog
    Vodafone escalates Indian tax dispute, as FTSE jumps nearly 2% on US and eurozone hopes

    Leading shares record biggest one day rise for two weeks after Spanish bond auction, German confidence data and IMF forecasts

February 2012

  • Market Forces blog
    Nomura suggests a pick-up in merger activity and tips 35 possible targets

    Bank says US deals picking up and many companies have strong balance sheets for bids

November 2011

  • Market Forces blog
    Soco slumps 9% after Vietnam and Congo disappointments

    Soco delays ramping up production in Vietnam, while key Congo well has inconclusive results

May 2011

  • Market Forces blog
    Banks lead FTSE 100 higher but Shire slips on competition concerns

    Shire is facing a growing number of challenges to one of its best selling drugs, sending its shares lower in a rising market

March 2011

  • Market Forces blog
    Amec rises 5%, while FTSE 100 adds 90 points on Libya settlement hopes

    Amec has jumped by more than 5% after the oil services and engineering group beat profit expectations, announced a 59% hike in the dividend, and said it would consider returning cash to shareholders if it could not find a suitable acquisition

January 2011

  • Market Forces blog
    Poor UK GDP and US results send FTSE lower, but Diageo moves higher on spirit hopes

    Investors needed a stiff drink after the poor UK GDP figures, so it was hardly a surprise they turned to Diageo, the company behind Smirnoff and Johnnie Walker
  • Market Forces blog
    Takeover talk lifts Tate & Lyle and Soco, but fails to halt late market slide

    A spate of takeover speculation involving a number of mid-cap companies excited investors, but failed to stop a late slide in the overall market
    • Market Forces blog
      JD Wetherspoon hit by snow but still boosts like for like sales

    • Market Forces blog
      Pearson shines after positive update but profit takers hit FTSE 100

    • Market Forces blog
      FTSE 100 falls back as Portugal bailout worries outweigh merger deals

November 2010

  • Market Forces blog
    Marks & Spencer dips as Sir Stuart Rose sells shares, while FTSE flounders on mining downturn

    On the same day new Marks and Spencer's new chief executive Marc Bolland reversed many of the initiatives of Sir Stuart Rose, his high profile predecessor decided to cut his shareholding in the retailer, the company revealed today
About 31 results for Soco International
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