Business and Finance

  • SLB to divest Palliser Block assets in Alberta

    30 Oct, 2024

    SLB to divest Palliser Block assets in Alberta

    Global energy technology company SLB (NYSE: SLB) has announced a definitive agreement to sell its interests in the Palliser Block, located in Alberta, Canada. This move marks a significant shift in SLB's ass... more

  • Woodside reports successful reserves update as a result of merger with BHP

    29 Oct, 2024

    Woodside Energy to delist from London Stock Exchange

    Australian oil and gas giant Woodside Energy Group Ltd has announced it will delist from the London Stock Exchange (LSE) following a review of its current structure. The company cited low trading volumes and... more

  • Chevron

    17 Oct, 2024

    Chevron accelerates divestment strategy with US$6.5b Canadian asset sale

    Chevron Corporation has taken a significant step towards its divestment target by announcing the sale of key Canadian assets to Canadian Natural Resources Limited (CNRL) for US$6.5 billion. This move comes j... more

  • Woodside reports successful reserves update as a result of merger with BHP

    18 Sep, 2024

    Woodside secures long-term LNG supply agreement with Japan’s JERA

    Woodside Energy Group Ltd has announced the signing of a significant long-term liquefied natural gas (LNG) supply agreement with JERA, Japan's largest utility company. The deal marks a major milestone in str... more

  • SLB to divest Palliser Block assets in Alberta
    30 Oct, 2024
  • Woodside Energy to delist from London Stock Exchange
    29 Oct, 2024
  • Chevron accelerates divestment strategy with US$6.5b Canadian asset sale
    17 Oct, 2024
  • Woodside secures long-term LNG supply agreement with Japan’s JERA
    18 Sep, 2024

Equinor ASA and Petoro AS enter asset swap in Haltenbanken area

29 May, 2024
Equinor ASA and Petoro AS enter value-neutral asset swap in Haltenbanken area
In a strategic move aimed at optimising resource management and driving higher value creation, Equinor ASA and Petoro AS have entered into a value-neutral asset swap agreement in the Haltenbanken area of the Norwegian Sea. This agreement is designed to harmonise and equalise their ownership interests across several oil and…

ADNOC acquires stake in massive Mozambique LNG project

24 May, 2024
ADNOC
The Abu Dhabi National Oil Company (ADNOC) has announced a major international expansion, acquiring a 10 per cent interest in the massive Area 4 concession in Mozambique's Rovuma basin from Galp Energia. The deal marks ADNOC's entry into the East African nation and gives it a share of the liquefied…

TotalEnergies sells its non-operated interest in block 14 in Angola

24 Jan, 2022
TotalEnergies signs agreements for development of Iraq's natural resources
TotalEnergies has signed an agreement together with Inpex to sell the company Angola Block 14 B.V. to the Angolan company Somoil, with the transaction subject to the approval of Angolan authorities. Angola Block 14 B.V. is owned by TotalEnergies Holdings International BV (50.01 per cent) and Inpex Angola Block 14…

Empowering and advocating for culturally diverse women in the workplace

13 Aug, 2021
Empowering and advocating for culturally diverse women in the workplace
A new executive program targeting women from culturally and linguistically diverse (CALD) backgrounds, is aiming to break down barriers and address inequalities experienced by women in the workplace. Monash Business School, together with MindTribes, an award-winning organisation that helps businesses harness both the human and commercial benefits of greater inclusion and…

IOG inks gas sales agreement with GM&T

30 Jul, 2021
IOG plc has announced the execution of a gas sales agreement (GSA) with Gazprom Marketing & Trading Limited (GM&T). The news follows a competitive offtake process involving more than 10 bidders over recent months. The GSA relates to IOG's equity production for the first two years from the Elgood and…

Senex and Adbri sign new long-term gas sales agreement

22 Jul, 2021
Senex and Adbri sign new long-term gas sales agreement
Senex Energy Limited (Senex) has announced a long-term domestic gas sales agreement with Adbri Limited (Adbri) to supply up to 11 petajoules (PJ) of natural gas to support Adbri’s South Australian manufacturing operations to 2030. Under the seven-year agreement, Senex will supply natural gas from January 2023 to Adbri at…

NEO Energy completes Zennor Petroleum acquisition

15 Jul, 2021
NEO Energy completes Zennor Petroleum acquisition
NEO Energy has announced the completion of its acquisition of independent UK-based oil and gas company Zennor Petroleum Limited. This transaction, alongside the ongoing acquisition of a package of assets from ExxonMobil, will increase NEO’s production to circa 80,000 barrels of oil equivalent per day (boepd) in 2021 with further…