Rosebank, Cambo oil fields ‘would save CO2 emissions’
The development of the giant Rosebank and Cambo oil fields west of the Shetland Islands would save 17 million tonnes of CO2 emissions over their projected…
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Shares of Cambo owner Ithaca Energy fall after IPO
Aberdeen-based North Sea oil and gas producer Ithaca Energy made an unimpressive stock market debut in London on Wednesday as the firm staged the UK’s…
Cambo Owner Ithaca Energy confirms IPO plans
Aberdeen-based North Sea oil and gas producer Ithaca Energy confirmed on Tuesday its “intention to undertake an initial public offering” and said it is seeking…
Cambo owner Ithaca Energy outlines London IPO plan
Aberdeen-based North Sea oil and gas producer Ithaca Energy said on Tuesday it is planning an initial public offering (IPO) on the London Stock Exchange. Ithaca…
Shell launches sale of Cambo stake – Reuters
Shell has launched a sale process for its 30% stake in the Cambo oil prospect west of Shetland in the UK North Sea, potentially paving the…
Cambo a ‘huge opportunity’ says new owner
Israeli energy conglomerate Delek Group announced that its North Sea subsidiary Ithaca Energy has acquired Siccar Point Energy — which owns 70% of the controversial Cambo…
Siccar puts Cambo on hold ‘in the short-term’
Siccar Point Energy CEO Jonathan Roger said on Friday that Royal Dutch Shell’s decision last week not to go ahead with the Cambo oilfield project west…
Shell pulls out of Cambo oil plan; Siccar holds talks
Royal Dutch Shell said on Thursday it has scrapped its current involvement in plans to develop the controversial Cambo oilfield west of Shetland in a…
North Sea still needs oil, gas investment says Shell
The UK needs to keep developing new oil and gas fields in the North Sea even as it develops major offshore wind and carbon capture and…
Blocking new oil fields leaves UK ‘reliant on imports’
Blocking long-planned oil and gas projects in the North Sea would risk leaving UK consumers even more exposed to the global energy shortages that sent…
Greenpeace loses court challenge to BP in North Sea
Greenpeace announced it has lost its court case challenging the UK government’s decision to grant a permit to BP to drill the Vorlich Field in…
Sturgeon urges Johnson to rethink oil, gas permits
First Minister Nicola Sturgeon has written to UK Prime Minister Boris Johnson calling for the UK Government to reassess oil and gas licences already issued…
Scotgold shares up on Cononish gold mine update
Shares of Scotgold Resources Limited, the gold exploration and production company, rose another 6% on Friday after it published an update on the development of…