17 Dec, 2025

Global oil prices hit four-year lows

Oil prices dropped below US$60 per barrel on Wednesday, December 17, 2025, marking their lowest level since February 2021, as renewed hopes for a resolution to the Ukraine conflict softened geopolitical risk... more

17 Dec, 2025

Uniper secures local gas supply deal

Uniper has signed a two-year agreement with Vermilion Energy’s local subsidiary to procure all of its natural gas production from the company’s German operations. Under the agreement, Vermilion will supp... more

16 Dec, 2025

Victoria reopens offshore gas exploration program

Australia’s peak oil and gas body has welcomed the Victorian government’s decision to reopen offshore petroleum exploration, marking the state’s first permit release in seven years amid growing concerns o... more

15 Dec, 2025

US Federal Reserve’s rate cut confirms cautious easing

The U.S. Federal Reserve has lowered its benchmark lending rate by 25 basis points to a range of 3.50–3.75 per cent, a widely anticipated move that marks the first step in what some analysts see as a cautious... more