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.
The Responsible Offshore Development Alliance (RODA) extends gratitude to President Trump for his decision to temporarily…
Trendsetter Vulcan Offshore (TVO), a developer of innovative solutions for the offshore industry, has engaged Finlay Johnston…
For any business, ensuring the health and safety of its employees should be the number one priority – what is more, it’s…
South Korea wants to import more U.S. gas and oil in order to diversify its energy sources, and maintain stable supplies…
According to two sources familiar with the plan, Donald Trump, the U.S. president-elect will eliminate the requirement that…
Malaysian palm oils futures continued to lose on Wednesday as they tracked the weakness of rival soyoil in Chicago, and a lack of new demand.
Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book…
The U.S. Energy Information Administration's Short-Term Energy Outlook, released on Tuesday, said that oil prices would be…
Guyana will export 225 cargoes in crude oil by 2024, said its energy minister on Tuesday. A consortium led the U.S. giant…
Transdniestria, the news agency of Transdniestria, reported that on Tuesday the leader of Moldova’s Transdniestria region…
The transmission system operator FGSZ announced on Tuesday that Hungary would increase its gas export to Slovakia from 2.63…
The Department of Homeland Security announced on Tuesday that the United States had banned imports of 37 companies from China…
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