7 articles
Ithaca Energy warns it may halt UK investment unless the Rosebank oilfield is approved. The $3.8 billion project stalled due to activist opposition, leading the firm to consider Canadian assets instea
Ithaca Energy confirmed CEO Luciano Vasques will retire by March 2027, triggering a succession search. During his tenure, the company expanded its portfolio through Eni UK acquisitions and nearly trip
The UK's FTSE 100 stabilized following a sharp decline, led by gains in mining and oil sectors. Ithaca Energy surged after acquiring Suncor Energy's offshore assets for $842 million amid rising fuel c
North Sea oil producer Ithaca Energy acquired Canadian offshore assets from Suncor Energy for $860 million plus contingent payments, marking its first international acquisition to diversify production
Suncor Energy agreed to sell its interests in three Canadian offshore oil assets to Ithaca Energy for C$1.2 billion upfront plus up to C$350 million in contingent payments.
Ithaca Energy increased its 2026 dividend guidance to $500–$530 million amid rising production. The firm anticipates its Rosebank North Sea project will commence operations in the first half of 2027 s
BP holds advanced talks to sell UK North Sea assets to Ithaca Energy for nearly £2 billion. As part of a broader restructuring, the company aims to divest $20 billion of assets by 2027.
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