Business and Finance

  • BP Q3 profits dips

    17 Jul, 2026

    bp offloads tech stakes to Verdane as it simplifies portfolio

    Oil and gas major bp has struck a deal to sell its minority stakes in more than 10 technology start-ups to European private equity firm Verdane, marking a major step in the company's efforts to streamline its b... more

  • Wood Group reports strong half-year performance

    16 Jul, 2026

    Amplitude Energy delivers record FY’26 production and revenue

    Energy provider Amplitude Energy has wrapped up its 2026 fiscal year with positive momentum, reaching new group production record and new financial records for the year. The company delivered record group pr... more

  • BP Q3 profits dips

    16 Jul, 2026

    bp expects boost from energy prices to offset upstream production dip

    British energy giant bp is tipped to deliver stronger second-quarter earnings due to strong oil and gas prices, despite weathering a dip in upstream production and a US$1 billion impairment hit. bp flagged t... more

  • 15 Jul, 2026

    KKR leads $400M private credit deal for Australia’s Ampol

    Global investment firm KKR has anchored a AU$400 million financing package for Australia-based fuel supplier Ampol to back the company’s refinancing and capital management strategy. The deal, funded throug... more

  • bp offloads tech stakes to Verdane as it simplifies portfolio
    17 Jul, 2026
  • Amplitude Energy delivers record FY’26 production and revenue
    16 Jul, 2026
  • bp expects boost from energy prices to offset upstream production dip
    16 Jul, 2026
  • KKR leads $400M private credit deal for Australia’s Ampol
    15 Jul, 2026

ExxonMobil announces effective date for move to Texas

24 Jun, 2026
ExxonMobil earnings
Energy major ExxonMobil Corp. has confirmed its legal redomiciliation to Texas will become effective on July 1. The corporate reshuffle will see ExxonMobil Holdings Corporation emerge as the new publicly traded parent entity, replacing the decades-old Exxon Mobil Corporation of New Jersey. Shares will continue trading on the New York…

Woodside and Alcoa finalise new domestic gas agreement

23 Jun, 2026
Woodside and Alcoa finalise new domestic gas agreement
Woodside has signed a sale and purchase agreement with Alcoa of Australia (Alcoa) for the portfolio supply of 31.1 petajoules of domestic gas from Woodside's Western Australian operations, covering the period from 2027 to 2030. The agreement strengthens an already established commercial relationship between the two companies. Woodside Executive Vice…

Venture Global and EnBW enter into new LNG export supply deal

19 Jun, 2026
Venture Global seeks Plaquemines LNG expansion
US LNG producer Venture Global has further expanded into Europe’s energy market, locking in a fresh supply deal with major German LNG provider EnBW. The binding agreements will see Venture Global supply approximately 0.82 million tonnes per annum (MTPA) of American LNG to the European nation. The mid-term deal is…

Kosmos Energy completes sale of Equatorial Guinea assets to Panoro Energy

19 Jun, 2026
Kosmos Energy has finalised the sale of its offshore production assets in Equatorial Guinea to Panoro Energy for approximately US$127 million (AU$191 million). The transaction, which closed on June 16, sees Kosmos transfer its interests in Block G, encompassing the producing Ceiba Field and Okume Complex production assets. The deal features…

Chevron expands Mediterranean holdings with HELLENiQ deal

18 Jun, 2026
Hazeltree
US oil major Chevron has expanded its exploration holdings in the Mediterranean after securing a majority stake and operational control of a highly prospective offshore block in Greece. Chevron signed an agreement with HELLENiQ ENERGY to acquire a 70 per cent participating interest in the Block 10 concession, located offshore…

Clean Energy expands into Puerto Rico with LNG infrastructure deals

18 Jun, 2026
North America’s largest transportation fuel provider Clean Energy Fuels Corp. has secured two separate contracts to design and install LNG fuelling systems for gas-to-power applications in Puerto Rico. The major deals, signed with infrastructure developer P.R. Energy Partners and a prominent global healthcare supplier, will collectively fuel 10 megawatts of…