The bank’s UK exposure—primarily through Aldermore and its vehicle finance arm MotoNovo Finance—has come under pressure after provisions for compensation claims surged to £750 million (around $957 million).In a notice to shareholders, the South African bank said it would leave its motor finance operations in...
Honda has announced the winners of this year’s Yūshū recognition scheme as it celebrates Europe’s top performing retailers in Customer Experience, based on customer feedback for over 1,500 partners that participate in its Customer Service Index. Since its European launch in 2022, the scheme has expanded...
The 2026 Middle East conflict, including the closure of the Strait of Hormuz, through which 25% of the world’s oil & 20% of LNG flows, has triggered one of the largest global energy supply disruptions in modern history. This narrow waterway is the world’s most...
The Hong Kong Public Offering commences on Wednesday, April 8, 2026, and is expected to close at 12:00 noon on Monday, April 13, 2026. Trading of the Company’s H shares on the Main Board of The Stock Exchange of Hong Kong Limited (HKEX) is...
bp has announced a significant gas and condensate discovery offshore Egypt following the successful drilling of the Denise W-1 exploration well in the Temsah Concession, located in the Eastern Mediterranean. Located approximately 70 kilometres offshore in a water depth of 95 metres, the Denise W discovery...
Shell said it had slashed its gas production for the first quarter of the year after being affected by the conflict in the Middle East. This comes after reporting an 11 per cent drop in fourth-quarter profits.Shell's first-quarter integrated gas production was expected to be...
The UK saved approximately £2.5 billion last year by utilising its own offshore gas reserves instead of importing liquified natural gas (LNG), according to analysis by investment bank Stifel.Stifel anticipates even greater savings this year, primarily due to a more than 50 per cent surge...
The recent surge in global energy prices - amplified by the evolving security situation in the Middle East and its impact on worldwide fuel availability - continues to place significant pressure on logistics and intermodal transportation markets. With approximately 20% of global fuel passing through...
Ecopetrol S.A.announces that its Board of Directors, at a meeting held on April 6, 2026, approved an unpaid leave of absence requested by the Company’s President, Mr. Ricardo Roa Barragán. This unpaid leave of absence was authorized in accordance with Section 3 of Article 23...
Government officials are preparing to engage with global stakeholders at the Invest in African Energy Forum in Paris next month. The country has reported increased upstream activity supported by recent reforms, new project approvals and a shift in asset ownership, according to APO Group. In 2025,...
Subsea 7 S.A. announced the signing of a strategic collaboration agreement between PETRONAS Suriname E&P B.V. (“PETRONAS Suriname”), a subsidiary of PETRONAS and Subsea Integration Alliance (SIA), which comprises Subsea7 and SLB OneSubsea. The agreement creates a long-term framework for close collaboration on field development...
Maraen brings together Port of Nigg, fabrication and energy services to deliver integrated energy infrastructure solutions. Plans for over £30M of investment at one of the UK’s leading deepwater ports have been approved, as three industry-leading North-east Scotland energy businesses unite under a new brand...