Kosmos Energy shares surge after dropping Tullow Oil takeover bid

Kosmos Energy Ltd shares surged 15% after announcing it would not pursue acquiring Tullow Oil, reflecting market relief and strategic clarity amid industry consolidation speculation.

European stocks on course to snap three-week winning streak

European stocks fell due to uncertainty over monetary policies amid economic concerns, with notable movements in various companies and markets influenced by recent economic data and ECB actions.

Milder December forecasts lead to dip in natural gas stocks

Natural gas stocks fell sharply after a warm December forecast for the Midwest, affecting multiple companies and the First Trust Natural Gas ETF.

Earnings call: Kosmos Energy targets increased production and capital discipline

Arbitration rules in favour of BP as sole buyer of Kosmos Energy's Senegal LNG project

Kosmos Energy is prohibited from selling LNG from the Greater Tortue project due to an arbitration ruling favoring BP, which is crucial for BP's strategy and energy transition.