Ithaca Energy Buys Cambo Operator Siccar Point
Ithaca Energy has reached an agreement to acquire Cambo oil project operator Siccar Point Energy for just short of $1.5 billion.
Source: rigzone.com
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Investegate |Ithaca Energy Inc Announcements | Ithaca Energy Inc: Acquisition of Siccar Point Energy
Investegate announcements from Ithaca Energy Inc, Acquisition of Siccar Point Energy
Source: investegate.co.uk
Campaigners critical as reports suggest Shell may return to Cambo project
ENVIRONMENTAL campaigners have criticised Shell as reports suggest the oil company was re-evaluating its decision to pull out of the Cambo field west of Shetland. Shell said back in December that the economic case for the Cambo oil field, 75 miles west of Shetland, did not stack...
Source: shetnews.co.uk
Shell blames hedge funds and speculators for sending gas prices to record highs
Shell said the movement of large amounts of money in and out of the market meant prices were less linked to actual supply and demand.
Source: dailymail.co.uk
Ukraine crisis could cause energy firms to go bust and cause cost of gas to more than double
The conflict could cause the UK gas price to increase to as much as 1,000 pence per therm - more than double its peak in December which stood at just over 450 pence per therm.
Source: dailymail.co.uk