Ithaca Energy Strikes $1.1 Billion Canada Deal; Metlen Inks Gallium Supply Pact
Ithaca Energy has agreed to a $1.1 billion deal in Canada, while Metlen has signed a long-term supply agreement for gallium.
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06:45:14 AM UTC
SquawkNews
OTTAWA (dpa-AFX) - Ithaca Energy plc (ITH.L), a UK oil and gas exploration and production company, on Monday announced that it has agreed to acquire offshore oil assets in Canada from Suncor Energy Inc. (SU.TO).The transaction is targeted to be completed in the first half of 2027.The deal has an up…
National Grid said on Monday it now expects full-year earnings per share to come in slightly ahead of guidance for 13% to 15%, citing a much stronger-than-expected first-half performance in its National Grid Ventures & Other unit. The company said the update reflects the stronger first-half showing in that unit.