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Ithaca bombs after takeover bids fail

North Sea explorer Ithaca Energy said it had ceased discussions with all parties regarding a takeover of the company. In March the company's share pr...

Ithaca starts oil production at Athena field

Ithaca Energy, the AIM-listed oil and gas group focused on the UK Continental Shelf (UKCS), has reported the successful start-up of oil production fro...

Resource round-up: Oilex, Gold Oil, Rialto Energy

Oilex has decided to suspend operations at its Cambay-76H horizontal well onshore Gujarat, India, after suffering repeated mechanical problems. Oilex ...

Ithaca Energy continues negotiations on takeover

North Sea oil and gas player, Ithaca Energy, increased its estimated reserves and boosted cashflow during 2011 and says it is still in negotiations ov...

Resource stocks round-up: Stellar, Bowleven, Ithaca ...

West Africa-focused Stellar Diamonds said it had discovered a significant maiden diamond resource at its Tongo Kimberlite Dyke Project in Sierra Leone...

Ithaca surges as more parties show interest

Shares in AIM-listed oil firm Ithaca Energy jumped higher after the firm said that it has attracted more interest, following a non-binding proposal re...

London midday: Stocks extend gains, RBS and IAG on the rise

- Markets await news from Greece. - Lagarde warns of "1930s moment"; - RBS rises on rumours of CEO waiving bonus. London's benchmark index had extend...

London open: Footsie rises with Greece in focus

UK stocks rose on Monday with hopes that Greece can reach a deal with its bondholders boosting sentiment early on. The Institute of International Fi...