The London and Toronto-listed Ithaca Energy jumps as much as 14 pct.
The North Sea-focused oil and gas operator said it has increased its oil hedging protection since the start of the year in order to mitigate against the impact of further Brent price weakness. Ithaca Energy says 4,000 bopd has been hedged at an average price of $69/bbl from July 2016 to June 2017. Ithaca shares were last reported to be up 13.3 pct.
Dan Jorgensen wants to end the EU's dependency on Russian fossil fuels as soon as possible, he said at a Tuesday parliamentary hearing.
U.S. authorities have arrested a Turkish man who they allege was trying to violate sanctions by transporting oil from Venezuela…
The U.S. mining company Freeport-McMoRan's local director said that the extended delay in Chile in enacting the reforms aimed…
Orsted CEO assures Sweden that the offshore wind industry has solutions that would address defense concerns. At issue: Sweden's…
State-run explorer Oil India reported a smaller-than-expected second-quarter profit on Tuesday, weighed down by lower crude…
Chevron Corp. beat Wall Street expectations for the third quarter profit on Friday. However, its earnings dropped from a previous year.
Meyer Burger, a Swiss solar panel manufacturer, said that it had entered into advanced negotiations on Thursday with a group…
The major U.S. indexes ended lower on Thursday, after Microsoft and Meta Platforms pointed out that artificial intelligence…
The U.S. Offshore Wind Developers put on a brave front at a conference in Washington this week. They praised their ability…
Tokyo Gas and Woodside Energy are in discussions about a possible stake in the multi-billion dollar Louisiana LNG export project.
ConocoPhillips surpassed Wall Street's estimates for the third quarter profit on Thursday, as the Texas oil and gas company…
When damaged yaw brake discs were preventing numerous wind turbines from operating in optimum conditions, their operator…
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