Ithaca Energy exploits the Rosebank resource base for production.
1 report, 1 independent
Updated Jun 30
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What happened
Ithaca Energy exploits the Rosebank resource base for production.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Multiple companies experienced market changes, including Entain slipping to FTSE 250 and EasyJet demoting/rejoining FTSE 100, alongside Ithaca Energy's stake in Rosebank.Sub-event
- Ithaca Energy, a partner in the Rosebank development, is facing market pressures from the Iran-related oil price hikes and a new windfall tax introduced by the former Conservative Government.Sub-event
Successful exploitation of the Rosebank resource base by Ithaca Energy.1 source
Keep exploring
Part of
The Jackdaw and Rosebank fields are facing a critical decision point regarding their future, coinciding with a broader debate on energy policy and net zero targets.Also in this story
- Bowie criticized Burnham over Rosebank delays, while Fahnbulleh's approval of Jackdaw was postponed until the Holborn by-election.
- The government is scheduled to decide on the future of the Rosebank oil field.
- The Secretary is likely to approve the Rosebank oil field, while Shell participates in a joint venture and Robin Wells criticizes fossil fuel expansion.
The entities involved
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Ithaca Energy
British oil and gas company
Nothing else this week.
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Rosebank
place in Gauteng, South Africa
- Starmer's government must refuse Rosebank drilling, while Andy Burnham sets a net-zero commitment in Greater Manchester, backed by climate scientists.
- Amid global energy market pressures, a commission has been established to investigate the North Hyde outage, advocating for a dual approach incorporating domestic oil and gas.