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oil and gas

  • 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

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