Business and Finance

  • 10 Apr, 2026

    Ampol doubles divestment offer to clear competition concerns

    Ampol has revised its offer for EG Australia, doubling the number of petrol stations it is prepared to sell off to address concerns from the competition watchdog. In a revised remedy proposal lodged with the... more

  • ExxonMobil earnings

    10 Apr, 2026

    ExxonMobil flags Middle East production decline, but profits still tipped to rise

    ExxonMobil has flagged a hit to its Middle East operations in light of the ongoing situation in the region and related disruption, but the energy giant still expects to post higher first-quarter earnings compar... more

  • 30 Mar, 2026

    Blue Star Helium raises AU$10 million to advance US projects

    Blue Star Helium Ltd. has raised AU$10 million to advance its Galactica and Pegasus projects in Colorado, USA. The company will issue 1.7 billion new shares to investors at 0.6 cents per share. The share pla... more

  • 26 Mar, 2026

    Nufarm and BP extend biofuel partnership to 2050 to meet growing global demand

    Nufarm Ltd. has expanded its partnership with BP as it looks to scale the production of sustainable biofuels for the aviation and heavy transport sectors. The updated agreement extends the marketing and offt... more

  • Ampol doubles divestment offer to clear competition concerns
    10 Apr, 2026
  • ExxonMobil flags Middle East production decline, but profits still tipped to rise
    10 Apr, 2026
  • Blue Star Helium raises AU$10 million to advance US projects
    30 Mar, 2026
  • Nufarm and BP extend biofuel partnership to 2050 to meet growing global demand
    26 Mar, 2026

Parex wins bidding war for Frontera’s Colombian E&P assets

12 Mar, 2026
Parex Resources Inc. has entered into a definitive agreement to acquire Frontera Energy Corp.’s Colombian upstream business for an upfront cash consideration of US$500 million. The deal, which includes the assumption of US$225 million in net debt and a contingent US$25 million payment, establishes Parex as the largest independent, Colombia-focused…

Sunoco prices upsized US$1.2 billion note offering

27 Feb, 2026
Sunoco LP has priced an upsized offering of senior notes amounting to US$1.2 billion. The largest independent fuel distributor in the Americas priced the notes due 2031 at 5.375 per cent and the senior notes due 2034 at 5.625 per cent. The offering was upsized from a previous aggregate amount…

South Korea approves first petrochemical restructuring project

26 Feb, 2026
South Korea’s Ministry of Trade, Industry and Resources (MOTIR) has approved the country’s first petrochemical industry restructuring project and will provide up to two trillion South Korean won in funding for the project. MOTIR approved a plan submitted by HD Hyundai Oilbank, HD Hyundai Chemical, and Lotte Chemical, marking the…