UK-based Ithaca Energy has signed a sale and purchase agreement to acquire the complete issued share capital of JAPEX UK (JUK) E&P from Japan Petroleum Exploration. The transaction, carrying an $ ...

Last year the UK's Labour government increased the energy profits levy, raising the headline tax rate on oil and gas activities to 78%, one of the highest rates globally. In 2025 Ithaca expects to ...

Investing.com -- Ithaca Energy (LON:ITH) shares surged over 9% on Thursday after the company posted a stronger-than-expected $153 million net profit for 2024, reaffirmed its $500 million dividend ...

Ithaca said it was working closely with regulators and the Department for Energy Security and Net Zero (DESNZ) on a revised application. Ithaca Energy said production at Rosebank will begin in ...

Ithaca Energy said pretax profit for 2024 increased and was supported by the combination with Eni's U.K. upstream oil and gas assets. The London-listed energy company said profit before tax rose ...

By Arunima Kumar (Reuters) -North Sea oil and gas group Ithaca Energy has launched a restructuring process that it expects to ...

Shares in fast growing UK independent Ithaca Energy climbed nearly 8% on Wednesday after the company reported increased hydrocarbon output in 2024 and forecast further increases in production and ...

Ithaca Energy has announced that production at the Rosebank oil field will commence in 2026/27, despite a significant court ruling in January which declared the approval of the Scottish oil field as ...

(Reuters) - Ithaca Energy said on Tuesday it would acquire Japan Petroleum Exploration's (Japex) UK unit for $193 million, as it seeks to become one of the biggest independent North Sea energy ...

Ithaca Energy will acquire additional interest in bp plc-operated Seagull field through a $223 million-deal with Japan Petroleum Exploration Co. Ltd. Seagull field has been developed as a subsea ...

Investing.com -- Ithaca Energy (LON:ITH) shares surged over 9% on Wednesday after the company posted a stronger-than-expected $153 million net profit for 2024, reaffirmed its $500 million dividend, ...

Leading UK independent Ithaca Energy hopes to secure a farm-in partner for its UK North Sea Cambo field once government consultations on emissions and a new fiscal regime deliver certainty to the ...