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Iain Lewis

  • Ithaca Energy scales back North Sea investment due to energy windfall tax

    Energy

    Ithaca Energy said today that its full-year earnings would be in line with its guidance, as the firm grapples with a sinking stock price. The North Sea oil and gas producer said 2023 production had been 70.2 thousand barrels of oil equivalent per day, matching expectations of 78-74. Last month, the firm’s chief executive Alan [...]

    Last month, Ithaca Energy's chief executive Alan Bruce stepped down after two years.

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