March 25 (Reuters) - Ithaca Energy (ITH.L), opens new tab said on Tuesday it would acquire Japan Petroleum Exploration's (Japex) (1662.T), opens new tab UK unit for $193 million, as it seeks to ...

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 ...

Revenue: US$1.98b (down 15% from FY 2023). Net income: US$153.2m (down 29% from FY 2023). Profit margin: 7.7% (down from 9.3% in FY 2023). EPS: US$0.13 (down from US$0.21 in FY 2023). Revenue ...

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 ...

Cornell joined other institutions in hopes of capturing federal funding, which it argues is being taken away unfairly.

Ithaca Energy, the largest oil and gas resource holder in the UK North Sea following the acquisition of Eni’s UK business, expects its full-year 2025 production to materially increase after it ...

"My constituents are having trouble understanding how their bills have skyrocketed when their usage has not changed," Legislator Mike Sigler said.

Ithaca Energy said it would buy Japex UK E&P from Japan Petroleum Exploration for around $140 million, expanding its interest in the North Sea's Seagull oil field. The London-listed company said ...

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 ...

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 ...

WENY News is the ABC, CBS & CW affiliate serving Elmira, Corning, Ithaca, Watkins Glen, Mansfield, Wellsboro and communities ...