Petrofac shareholders could be set for wipeout as company considers debt swap energy Petrofac said this morning it would delay its full year 2023 results, which it now expects to publish by 31 May 2024.
Rolls-Royce cuts down plans to build UK nuclear factories amid delays Energy Rolls-Royce has reportedly scaled down its plans to build new mini nuclear reactors in the UK, following delays to a government design competition.
Activist Elliott said to build £800m stake in Anglo American after company rejects BHP’s ‘opportunistic’ bid ENERGY Mining giant Anglo American has rejected BHP Group's £31.1bn proposal after concluding the plan would undervalue its future prospects.
Mytilineos eyes potential dual listing in London April 25, 2024 Greek energy giant Mytilineos has said it is eyeing a potential secondary listing in London before the end of next year.
Is Ithaca Energy’s £754m buy of Eni’s North Sea oil and gas assets a good deal? April 24, 2024 Dark clouds of political uncertainty and the green transition hang over Ithaca Energy's blockbuster £756m buy.
Fossil fuel generation of UK electricity hits all-time low April 24, 2024 Energy think tank Carbon Tracker today said that on Monday, April 15th, just 2.4 per cent of UK electricity came from fossil fuel sources.
Serica Energy chief: ‘High commodity price windfall long gone’ April 24, 2024 Serica Energy today announced its first share buyback programme, totalling £15m.
Ithaca Energy to buy Eni’s UK assets for about £754m April 23, 2024 North Sea oil and gas producer Ithaca Energy said on Tuesday it would buy Eni's UK upstream oil and gas assets for about £754m in an all-stock deal.
Shell and Total Energies reportedly mull stake in Middle East LNG super-project April 23, 2024 UK oil and gas supermajor Shell is reportedly considering buying a stake in the Abu Dhabi National Oil Company's (ADNOC) liquefied natural gas (LNG) export project in the United Arab Emirates (UAE).
Petrofac mulls equity issuance as it battles to stay afloat April 12, 2024 Oil and gas exploration company Petrofac currently remains "in discussions" with its lenders over restructuring its massive debts, suggesting options such as exchanging equity in the business.