Business and Finance

  • 16 Jan, 2026

    Australian Oil finalises deal for Surat Basin assets

    Australian Oil has finalised its acquisition of three petroleum leases and one petroleum licence in the Surat Basin, Queensland. Australian Oil completed the acquisitions of the assets from ADZ Energy (Queen... more

  • TotalEnergies boosts €86m climate investment

    16 Jan, 2026

    TotalEnergies divests Nigeria asset stake, launches Middle East trading JV

    French energy major TotalEnergies has agreed to sell its oil interest in a Nigerian joint venture, while launching a new petroleum joint venture in the Middle East. TotalEnergies EP Nigeria agreed to sell it... more

  • 16 Jan, 2026

    Hallador to raise US$50 million in share offer

    Hallador Energy has priced its public offering of common shares at US$18 per share. The U.S-based company is offering 2,777,778 shares to raise approximately US$50 million. Hallador also granted the under... more

  • 14 Jan, 2026

    Navitas expands North Falkland presence with JHI deal

    Navitas Petroleum has signed an agreement to acquire a majority stake in a licence within the North Falkland Basin in the South Atlantic. Navitas signed a non-binding memorandum of agreement with JHI Associa... more

  • Australian Oil finalises deal for Surat Basin assets
    16 Jan, 2026
  • TotalEnergies divests Nigeria asset stake, launches Middle East trading JV
    16 Jan, 2026
  • Hallador to raise US$50 million in share offer
    16 Jan, 2026
  • Navitas expands North Falkland presence with JHI deal
    14 Jan, 2026

Harbour Energy to sell Indonesian assets for US$215 million

10 Dec, 2025
Harbour Energy
U.K. independent oil and gas company Harbour Energy has announced the sale of its interests in two offshore oil and gas projects in Indonesia for US$215 million to Prime Group. Harbour said the agreement covers its 28.67 per cent interest in the producing Natuna Sea Block A field and its…

Finder Energy acquires FPSO vessel from Amplus Energy for US$15 million

03 Dec, 2025
Oil and gas explorer Finder Energy has agreed to acquire the Petrojarl I floating production, storage and offloading (FPSO) vessel from Amplus Energy for US$15 million. Finder said the acquisition of Petrojarl I for US$15 million in shares and cash will de-risk and accelerate its Kuda Tasi and Jahal (KTJ) oilfields project by…

APA completes divestment of gas distribution operations

03 Dec, 2025
APA and CS Energy to advance Brigalow gas project
APA Group has completed the divestment of its networks business, including gas distribution operations and maintenance services. Proceeds from the sale are estimated to be AU$29 million. In August, APA agreed to sell the business to Australian Gas Infrastructure Group as part of the company’s efforts to simplify its operations.…

Shell agrees to buy 100,000 barrels of petrol from Indonesia’s Pertamina

26 Nov, 2025
Shell announces third-quarter results
Shell has agreed to buy 100,000 barrels of petrol from Indonesia’s state energy firm Pertamina, following weeks of unavailability for certain fuels. Deputy Energy and Mineral Resources Minister Yuliot Tanjung confirmed that Shell Indonesia has reached an agreement with Pertamina, Jakarta Globe reported. Pertamina holds exclusive rights to import fuels into…

Venture Global, Tokyo Gas sign 20-year LNG deal

26 Nov, 2025
Venture Global seeks Plaquemines LNG expansion
Venture Global Inc. and Tokyo Gas Co. Ltd. has agreed to a 20-year LNG sales and purchase agreement. Under the terms of the agreement, Tokyo Gas will procure one million tonnes per annum of LNG from Venture Global, starting in 2030. The deal marks Venture Global’s fourth long-term contract with…

TotalEnergies boosts €86m climate investment

25 Nov, 2025
TotalEnergies boosts €86m climate investment
TotalEnergies announced a €86.19 million commitment to Climate Investment’s (CI) Venture Strategy fund during the UN Climate Change Conference (COP30) held in Belém, Brazil. The fund focuses on accelerating the deployment of technologies aimed at reducing emissions across the oil and gas sector. Launched by the Oil and Gas Climate…

Omega acquires 19.43% stake in Elixir Energy

25 Nov, 2025
POSCO
Omega Oil and Gas Ltd. has agreed to acquire a 19.43 per cent equity interest in Elixir Energy Ltd. through a two-tranche placement of up to AU$14.6 million. In the first tranche of the placement, Elixir will issue shares at an issue price of 4.1 cents per share, amounting to…