All articles by Smishra Smishra
Orion CMC to acquire Glencore’s stakes in DRC assets
The companies intend to explore opportunities to develop the assets in collaboration with the DRC Government and Gécamines.
SLB wins $1.5bn contract for next stage of Mutriba field development
The contract scope includes field design, development and production management.
Equinor to sell Argentine onshore assets to Vista for $1.1bn
The transaction comprises a 30% non-operated interest in the Bandurria Sur field and a 50% non-operated interest in the Bajo del Toro asset.
Eldorado Gold to acquire Foran Mining in $2.78bn deal
The merged entity plans to maintain its headquarters in Vancouver, continuing operations under the Eldorado Gold name.
Austrian Government renews Wolfsberg mining licence for two years
A decision is expected by the end of 2026 on the commencement of mining operations.
Chevron Q4 2025 net income drops 12.5% to $2.84bn
The company’s 2025 earnings fell due to lower oil prices and reduced affiliate earnings, despite higher margins and sales volumes.
TomaGold announces drill results at Berrigan Mine in Quebec
The Berrigan Mine property covers a total area of 483ha and is situated 4km north-north-west of Chibougamau.
Subsea7 wins contract from Shell for Kaikias Waterflood project
Project management and engineering are set to begin immediately from Subsea7’s office in Houston, Texas, US.
Globe Metals begins construction at Kanyika Niobium Project in Malawi
Mobilisation and initial works are in progress, aligning with the company’s updated BFS in March.
Borr Drilling completes acquisition of five rigs from Noble for $360m
The deal, announced in December 2025, increases Borr Drilling’s fleet to 29 rigs.