Latest News
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25 May 26
Australia: Beach unlocks value through Otway optimisation
Beach Energy has entered into an agreement to sell its 60% operated interest in VIC/L35, including the Artisan gas discovery, to Amplitude Energy (50%) and O.G. Otway (10%). The Transaction delivers cash proceeds at completion, retains economic exposure to future production through a royalty, and improves capital allocation flexibility across Beach’s growth portfolio. -
25 May 26
Unity strengthens market position with major decommissioning wins, supporting ongoing international expansion
Aberdeen-based Unity has accelerated its global growth trajectory following a record period, securing more than £6 million in new contracts and committing £1.8 million to enhance its specialist technology portfolio. -
24 May 26
UK: Reeves launches fresh oil and gas tax raid to fund support package
Chancellor Rachel Reeves has announced a fresh tax raid on oil and gas companies, scrapping rules that allowed firms to offset UK trading profits against losses made by overseas subsidiaries. -
24 May 26
Australia: Comet Ridge announces update on acquisition of Mahalo Gas Project
Comet Ridge has updated the market on its agreement for the acquisition of Santos QNT Pty Ltd’s 42.86% interest in the Mahalo Gas Project1 (MGP) announced 17 December 2025.
