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.
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.
Comments from ex-chief send the Shell share price to an all-time high April 10, 2024 Shell's share price hit £2,861 per share in early morning trading today.
Shell expects gas production to jump in first quarter April 5, 2024 Shell's Q1 2024 results are expected in early May.
Gulf Marine Services upgrades outlook again and raises prospect of a dividend as oil sector booms April 4, 2024 Oil field service provider Gulf Marine Services (GMS) has posted a strong set of final results in which net profit, revenue and margins were all up and its debt burden down.
Harbour Energy records drop in revenue and production as windfall tax weighs March 7, 2024 Harbour's chief executive said the tax all but "wiped out" the firm's profits in 2022
Newcleo starts plans to ‘decarbonise oil and gas’ and go nuclear instead March 5, 2024 Newcleo is seeking to raise an additional £855m in equity this year to expand its nuclear project pipeline