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Australian energy major Woodside Energy has appointed veteran mining executive Mark Cutifani as an independent non-executive director, effective March 19. Cutifani’s appointment is aimed at...
The US government on Wednesday held its most successful sale ever of oil and gas drilling rights in Alaska's National Petroleum Reserve, attracting $163-million in winning bids from industry...
A key plank of Canadian Prime Minister Mark Carney's climate plan will likely miss its target implementation date, industry sources said, raising new doubts about Canada meeting its environmental...
Australia's Woodside Energy on Wednesday appointed interim chief Liz Westcott as CEO and MD, succeeding Meg O'Neill who departed Australia's largest oil and gas producer in December to take the...
Neutralising Iran could make crude oil much cheaper because the threat posed by Tehran imposed a "terror premium" that inflated global oil prices for decades, a top White House adviser said in a...
With 15-million barrels a day of Gulf supply suddenly offline, global oil demand will need to fall to rebalance the market, a process that could require prices to reach $150/bbl, new analysis by...
South Africa’s mining sector must be a national economic priority so as to unleash its inherent and powerful multiplier effects, make inroads into high levels of unemployment and contribute to...
Oil prices fell on Tuesday after hitting an over three-year high in the prior session as US President Donald Trump predicted the war in the Middle East could end soon, easing concerns about...
Consultancy Wood Mackenzie (WoodMac) has reported that its analysis indicates that the Middle East conflict could disrupt 200-million tonnes a year of forecast Asian liquefied natural gas (LNG)...
The US-Israel war on Iran has sent shockwaves through commodity markets since February 28, resulting in a 4.5% week-on-week rise in the Bloomberg Commodity Index as of March 5, led by gains in the...
Oil and gas producer Canadian Natural Resources on Thursday posted a better-than-expected profit in the fourth quarter, as executives pointed to the company's ability to weather dramatic swings in...
A temporary surge in oil prices to $100/bbl could slow global growth by 0.4 percentage point, Goldman Sachs analysts said on Thursday, as a widening conflict in Iran chokes off vital Middle East...
US forces continued a round-the-clock assault on Iran and Israel mounted a "broad wave" of strikes on Wednesday targeting Iranian missile sites and air defence systems in a campaign that a top...
UK-based market research agency CreditSights says the conflict in Iran is already influencing global metals markets, with prices reflecting both geopolitical risk premiums and rising energy costs....
Australia should invest in natural gas to lower energy prices, and review corporate tax levels to boost the nation's productivity over the coming years, Ross McEwan, chair of Australia's biggest...
The biggest immediate impact of the US-Israeli attack on Iran on countries like South Africa will be the elevated uncertainty about global oil prices and the prospect of higher fuel costs in the...
Several marine insurers said they are cancelling war risk cover for ships due to the conflict in Iran and the Gulf. Insurers including Gard, Skuld, NorthStandard, the London P&I Club and the...
Oil and gas producer Woodside Energy posted a smaller-than-expected fall in annual profit on Tuesday, as higher production softened the blow from weaker realised prices, sending shares up to a...
Australia's Santos said on Friday it has signed an agreement with the South Australian government to supply 20 petajoules (PJ) of gas annually over 10 years to help transform Whyalla Steelworks...
Australian oil and gas producer Santos reported a steeper-than-expected drop in annual profit on Wednesday, hurt by weak commodity prices, and said it would reduce its headcount by about 10% as...
An Australian court on Tuesday threw out a lawsuit against gas producer Santos that alleged the company misled the public on its plans to achieve net zero carbon emissions. The lawsuit was...
Australia's Woodside Energy on Wednesday flagged a lower production outlook for 2026, tempering stronger-than-expected fourth-quarter revenue that was underpinned by resilient output despite weaker...
Australian oil and gas producer Santos forecast higher 2026 production on Thursday, as it ramps up output at its Barossa liquefied natural gas project and starts producing oil from its Pikka...
Commodities are entering 2026 on a firmer footing, with gold and copper supported by strong structural drivers and the potential for recovery emerging in oil and grain markets later in the year,...
Speaking at the Abu Dhabi Sustainability Week on Tuesday, South African President Cyril Ramaphosa positioned green hydrogen at the centre of Africa’s big energy opportunity – and then on Wednesday...
British Columbia is seeking to deepen its commercial ties with India in sectors including liquefied natural gas, critical minerals, lumber and technology, the Canadian province's Premier David Eby...
Oil prices rose on Tuesday as the market weighed expectations of ample global supply this year against uncertainty around Venezuelan crude output after the US capture of President Nicolas Maduro....
Markets may have shrugged off the audacious US capture of Venezuelan President Nicolas Maduro, but some investors warn that geopolitical risks are perhaps being underestimated after Donald Trump...
OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group's members. Sunday's meeting of eight members...
The surprise exit of Woodside Energy Group CEO Meg O’Neill leaves her successor with a dilemma: should the Australian company continue down the path she set of promoting massive liquefied natural...
Meg O’Neill’s rapid rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt. At a moment when oil executives are still being pressed to move away from...
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