The development of Britain’s largest untapped oil field in the North Sea will generate billions of pounds in tax and boost the UK’s energy security for decades, ministers have said.
Ithaca shares jump as North Sea drilling approved – Rosebank oil field
Shares of Ithaca Energy have experienced a surge of up to 8.5% following the approval of the Rosebank oil field development.
Ithaca Energy (LON:ITH) to cut North Sea investment amid windfall taxes
On Wednesday, Ithaca Energy PLC reported a decrease in interim profit due to impairment charges, even as production saw growth.
Traders Cafe with Zak Mir: Bulletin Board Heroes, Wednesday 5th April 2023
Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, B90, Deltic, Fresnillo,
Ithaca Energy PLC (LON:ITH) commence on the London Stock Exchange at 8:00 a.m. (London time) on 9 November 2022
Announcement of Offer Price
Ithaca Energy is set for London’s biggest IPO in 2022 next week
Ithaca Energy plans to launch an Initial Public Offering (IPO) on London Stock Exchange next week. This could put the North Sea oil producer at up to 3.0 billion pounds.
UK Energy Bills Set to Peak Above £500 This Winter in January. This is more than three times the level of last year
As Russia tightens its grip on Europe’s gas supplies, the UK is set to experience record-breaking energy prices this winter. This will only add to Britain’s current cost-of-living crisis.
EU nations starting to echo the tensions that divided northern and southern member states
Russia’s gas cut could fracture the unity of Europe’s Union this winter, as tight budgets and supply issues limit the bloc’s ability to deal with an unexpected, severe energy shortage.