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BP reportedly engaged in discussions to sell £2 billion worth of its UK North Sea assets to Ithaca Energy. The potential sale would involve significant oil and gas holdings in the region.
Ithaca Energy posts annual loss after UK windfall tax charges Reuters
Several companies, including Advanced Drainage Systems, Tsakos Energy Navigation, and V.F. Corp, have announced their latest quarterly earnings, earnings call transcripts, or dividend declarations.
Ithaca Energy states that policy clarity is bringing the Cambo oil and gas project closer to approval. Certainty over the future tax regime is helping unlock one of the UK North Sea’s biggest developments.