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    • Energy industry

    Offshore company Ithaca Energy experiences profit slump due to special taxes
    Idaho

    Offshore company Ithaca Energy experiences profit slump due to special taxes

    The North Sea oil and gas company reported a decline in profit and revenue for the six months to June 30 due to impairments, lower production and a collapse in oil and gas prices. At the offshore company Ithaca Energy,…

    Posted on Madoc Meredith
    CGG launches two new 3D reimaging projects near Ivory Coast’s world-class discoveries
    Washington

    CGG launches two new 3D reimaging projects near Ivory Coast’s world-class discoveries

    CGG, in collaboration with the Direction Générale des Hydrocarbures (DGH) of Côte d’Ivoire and PETROCI Holding (PETROCI), has announced two new multi-client 3D reimaging programs: CDI24 Phase I (3,120 km2) and Phase II (6,610 km2). Both projects are supported by…

    Posted on Madoc Meredith
    Thanks to electric vehicles and teleworking, gasoline prices are low
    Enterprise

    Thanks to electric vehicles and teleworking, gasoline prices are low

    Picture: OnlyPhoto (Getty Images) Gas prices have fallen across the country and that is good to see. These prices could even fall further and reach levels not seen in over three years. Even electric cars cannot avoid the heat Accordingly…

    Posted on Idris Bevan

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