Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Nick Fletcher

North Sea oil producer Ithaca Energy lifted by renewed takeover talk

Ithaca Energy, the North Sea oil explorer, recently called off bid talks after none of the potential purchasers matched its asking price.

But traders are now saying it could be back in the takeover spotlight, especially in the wake of Cairn Energy's announcement a week ago it was buying another North Sea specialist Nautical Petroleum, its second purchase in the region.

Speculation that Cairn itself, Dana Petroleum purchaser Korea National Oil Corporation or Soco International could now be interested has pushed Ithaca shares up 4p to 115.5p.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
'It Made Me Shy Away': Barry Keoghan Says Online Hate About His Looks is Affecting His Confidence
Barry Keoghan has opened up about the impact of online hate, saying negative comments about his appearance have become a serious issue affecting his daily life.
International Business Times UK
International Business Times UK
The internet is convinced Jeffrey Epstein was just spotted alive in Florida and the viral footage is genuinely haunting
The internet is absolutely buzzing right now thanks to a viral video showing a man dubbed “Palm Beach Pete” cruising through South Florida, and people are convinced he’s none other than convicted sex offender Jeffrey Epstein. This footage has really lit up social media, sparking immediate comparisons.
The Mary Sue
The Mary Sue
Not just boys: The overlooked story of ADHD in women and girls
When people think about attention-deficit/hyperactivity disorder (ADHD), they often picture a hyperactive young boy running around a classroom, not the quiet girl daydreaming in the corner, the chatty student who can’t finish her work or the mother who is chronically late and constantly searching for her keys.
The Conversation
The Conversation
A new start after 60: I went on 75 first dates – and wrote a book of Kama Sutra-inspired poetry
Zack Rogow thought he was ready for love after the end of a long relationship – but not everyone agreed. How did he get over the rejections?
The Guardian - UK
The Guardian - UK
New social media study identifies the children ‘more likely to develop anxiety’
Experts from Imperial College London suggest the relationship between social media and mental health is ‘complex’
The Independent UK
The Independent UK
Leonardo DiCaprio's Oscars 'Glow-Up' Stuns Fans — Ozempic or Plastic Surgery Rumours Explode
Leonardo DiCaprio's appearance at the 2026 Academy Awards in Los Angeles has sparked widespread discussion on social media, with fans reacting to his striking 'glow-up.'
International Business Times UK
International Business Times UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play