(Alliance News) - Ithaca Energy PLC on Wednesday reported a swing to a loss in the first quarter of 2025 due to a large non-cash tax charge, even as it posted record production and earnings before interest, tax, depreciation, amortisation and exploration expenses. Read More
(Alliance News) - Centrica PLC on Tuesday said it has agreed to sell a 46.25% stake in the Cygnus gas field to a subsidiary of Ithaca Energy PLC, with the value of the deal to reach around GBP215 million in total. Read More
(Alliance News) - Stock prices in Europe fell after the opening bell on Monday, after a US credit rating downgrade, with equities giving back some of the trade optimism-driven advance from last week. Read More
(Alliance News) - London stocks remained higher at midday on Wednesday, spurred on by the pound continuing to soften against the US dollar and ahead of an anticipated cut to the UK economic forecast in Rachel Reeves' spring statement at 1230 GMT. Read More
(Alliance News) - Ithaca Energy PLC on Wednesday reported a rise in profit in 2024 and reaffirmed its USD500 million dividend target for 2025, after a "transformational" year marked by the completion of its business combination with Eni Spa's UK upstream assets. Read More
(Alliance News) - Stock prices in London opened in the green on Wednesday following a cool UK inflation reading, as investors gear up for potential budget cuts in Chancellor Rachel Reeves' looming spring statement. Read More
(Alliance News) - Ithaca Energy PLC on Tuesday said it has struck a USD193 million deal to acquire Japex UK E&P Ltd, boosting its stake in the Seagull oil field to 50%. Read More
(Alliance News) - The FTSE 100 ended lower on Thursday, not helped by a weak start on Wall Street, hurt by a handful of its heavyweight names going ex-dividend. Read More
(Alliance News) - European blue-chips traded mixed on Thursday afternoon, with measures in Paris and Frankfurt rising, but that same positivity eluding the FTSE 100 in London. Read More
(Alliance News) - A judge has upheld a legal challenge by environmental campaigners against the decision to grant consent to two new oil and gas fields in the North Sea. Read More
