The world's worst offshore disaster was on the Piper Alpha rig in 1988 when 167 men died. Oil production has slowed in the past decade but new discoveries are still being made in the North Sea.
Ithaca is slightly more expensive than North Sea rivals Serica Energy (SQZ) and Harbour on an enterprise value / Ebitda basis, but they are all going cheap. The outlook for Ithaca’s cash flow suggests ...
It was a week when oil prices logged their biggest percentage climb since early October and natural gas futures reached their highest level in about a year. The headlines revolved around European ...