BP is closing the year with significant strategic shifts, including selling a majority stake in its Castrol lubricants business for $10 billion, and transitioning leadership, indicating a major change in direction.
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Vår Energi plans to invest $15 billion in new offshore Norway projects, aiming to maintain oil and gas production beyond 2030.
Saudi firm Midad Energy is emerging as a leading bidder for Lukoil's global assets, worth $22 billion, as US sanctions force Lukoil to unwind its overseas holdings.
Investors are shifting focus to an 'equal weight' market approach for 2026, as the S&P 500 Index is heavily concentrated in a few tech stocks.
Iran is seeking international partnerships in the oil and gas industry, offering investment opportunities, as the country navigates sanctions and seeks strategic pivots.
Bitcoin's recent price drop has sparked debate about its role as a digital gold equivalent, with investors questioning its correlation to the broader market and its place in a portfolio.
The UK government has unveiled a $11 billion clean energy plan to boost wind, solar, and storage investments, doubling down on efforts to reduce carbon emissions.
Serentica Renewables plans to invest $11 billion in clean energy by 2030, with a $6-8 billion fundraise over the next five years to support project acquisitions and new capacity buildouts.
Serentica Renewables plans to invest $11 billion in clean energy by the end of the decade, with a focus on project acquisitions and new capacity build outs, backed by a $6-8 billion funding raise over the next five years.
Abu Dhabi-based Global South Utilities will invest $1 billion in clean energy and grid projects in Yemen, expanding the country's energy system and supporting economic growth.
Exxon is reportedly considering acquiring Lukoil's assets in Kazakhstan, following a relaxation of US sanctions on the Russian major, with Chevron also eyeing the same opportunity.
Egypt has made a new gas discovery in the Western Desert, which is expected to boost the country's strained upstream portfolio with an initial output of 36 million cubic feet per day.
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