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oil and gas

  • Enquest expects to return to growth despite ‘political uncertainty’

    May 30, 2024

    Enquest said it's looking to return to growth this year despite ongoing political uncertainty.

  • Ithaca Energy’s income slumps, but it expects ‘material dividend capacity’ from Eni merger

    May 28, 2024

    Ithaca Energy has suffered a drop in income, but the group remains optimistc about future growth.

  • Gulf Keystone Petroleum launches buyback to remedy ‘weak share price’

    May 13, 2024

    Gulf Keystone has struggled over the past year, but the group seems to be making a comeback.

  • Russia finds huge oil and gas reserves in British Antarctic territory

    May 12, 2024

    Russia has found huge oil and gas reserves in British Antarctic territory, potentially leading to drilling in the pristine region.

  • Harbour Energy ups dividend despite £1bn tax hit

    May 9, 2024

    Harbour Energy has hiked its dividend by nine per cent for the year off the back of better cash flows.

  • BP reports profit drop as lower oil prices hit earnings

    May 7, 2024

    Murray Auchincloss, chief executive officer said: "We've delivered another resilient quarter financially and continued to make progress on our strategy."

  • Shell focused on ‘delivering more value’ as speculation around US listing swirls

    May 2, 2024

    FTSE 100 giant Shell has today reported a 15 per cent jump in earnings before interest, tax, deprecation and amortisation (EBITDA) for the first quarter.

  • Trinity Exploration and Touchstone Exploration set to merge in all-share deal

    May 1, 2024

    In joint statements issued this morning, Touchstone said it would acquire the entire issued and to be issued ordinary share capital of Trinity in a deal with £24.1m.

  • Petrofac shareholders could be set for wipeout as company considers debt swap

    April 29, 2024

    Petrofac said this morning it would delay its full year 2023 results, which it now expects to publish by 31 May 2024.

  • 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.

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