15 Jun, 2026

Shell pauses share buyback programme as ARC Resources votes on takeover

Global energy major Shell plc has temporary halted its US$3 billion (AU$4.5 billion) share buyback programme, shifting focus to regulatory requirements ahead of its planned multi-billion-dollar acquisition of C... more

15 Jun, 2026

Woodside denies Exxon takeover speculations

Australian oil and gas giant Woodside Energy has dismissed market rumours regarding a potential multi-billion-dollar takeover by Exxon Mobil. The company issued a statement refuting reports that it was a pri... more

10 Jun, 2026

Channel Infrastructure delivers diesel storage boost for New Zealand

New Zealand’s largest fuel import terminal business, Channel Infrastructure NZ Ltd., has made 93 million litres of diesel storage capacity available for the New Zealand government at its Marsden Point Energy ... more

10 Jun, 2026

Analysts warn oil supply losses may double by year-end

Brent crude prices held near US$85 on Wednesday as hopes for a diplomatic resolution to the Iran-Israel conflict wavered amid renewed military exchanges, with the ongoing war having now stripped roughly one bil... more