New episode: Sustainable reporting in mining
How do you measure sustainability in mining? The question sits at the centre of the Global Reporting Initiative’s (GRI) first …
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FPCC invokes force majeure on shipments amid Hormuz disruptions
Taiwan’s Formosa Petrochemical (FPCC) has announced the implementation of force majeure on select petrochemical shipments amid ongoing delays in feedstock …
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GeoPark declines to increase offer for Frontera’s Colombian assets
GeoPark, an energy company operating in Latin America, has announced it will not increase its offer for Frontera Energy’s Colombian …
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Oil prices fall after Trump forecasts end to Middle East conflict
Oil prices experienced a significant decline on Tuesday following US President Donald Trump’s forecast of an imminent resolution to the …
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Texas LNG and Kiewit sign EPC contract for LNG terminal in US
Glenfarne Group’s Texas LNG Brownsville has awarded an engineering, procurement and construction (EPC) contract to Kiewit for its liquefied natural …
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Woodside, Pemex commence drilling at Trion field in Gulf of Mexico
Woodside Energy, together with Petróleos Mexicanos (Pemex), has begun drilling operations at the Trion field in the ultra-deep waters of …
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Hormuz under escort: market and geopolitical implications of US naval protection for tankers
Hundreds of oil and LNG tankers remain stranded in Gulf waters amid growing hostilities, highlighting the scale of disruption at …
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Santos, Beach Energy approve $426m MCO project in Cooper Basin
Santos and its joint venture partner Beach Energy have approved the final investment decision (FID) for the Moomba Central Optimisation …
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SFL signs $170m Canadian drilling contract for Hercules rig
Maritime infrastructure company SFL has secured a drilling contract valued at around $170m from a multinational oil and gas operator …
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Bahrain’s Bapco announces force majeure after drone strike on refinery
Bapco Energies, Bahrain's state-owned energy company, has declared force majeure on its operations, citing the impact of the ongoing regional …
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CADE approves IG4’s acquisition of controlling stake in Braskem
Brazil’s anti-trust regulator, the Administrative Council for Economic Defence (CADE), has approved private equity firm IG4 Capital’s acquisition of a …
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Oil prices surge 15% as Strait of Hormuz disruptions tighten supply
Oil prices jumped around 15% on Monday to their highest point since July 2022 as escalating tensions between the US, …
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Breaking the glass grid: women in the energy workforce
Despite gradual progress in recent years, women remain significantly under-represented across the global energy workforce. According to the International Energy Agency’s …
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Equinor and Wellesley launch joint NCS exploration project
Equinor and Wellesley Petroleum have entered into an agreement to initiate a joint exploration project (JEP) on the Norwegian Continental …
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Petrobras 2025 net income jumps 160% to $19.6bn
Petrobras has reported consolidated net income attributable to its shareholders of $19.6bn for the full year 2025, compared to $7.53bn …
