Tessera

Exploration without conversion is expensive. Development without exploration becomes the gradual consumption of old inventory. Acquisition puts the future in the hands of sellers and requires the buyer to pay for risk somebody else has already removed. petroequitysignal.com/exploration-...

Exploration made the oil majors. But who still knows how to do it?

Who is the best explorer? Comparing ExxonMobil, Eni, TotalEnergies, BP, Shell and Chevron, asking who preserved the capability to find new resources, who lost strategic continuity, and who ultimately ...

petroequitysignal.com

President Donald Trump turned up the heat on Exxon Mobil and Chevron over high gasoline prices on Monday, blasting his longtime industry allies for “making too much money” while Americans struggle with higher prices at the pump. www.politico.com/news/2026/08...

‘Making too much money’: Trump blasts Exxon Mobil, Chevron profits

Trump urged the oil giants to "give some of that back to the public" after the two companies reported strong earnings on Friday.

politico.com

NZ Steel, a subsidiary of ASX-listed Bluescope, produces more than 600,000 tonnes of steel products annually. The EAF could result in a 45% decrease in its scope 1 and 2 emissions, slashing up to 1 million tonnes of greenhouse gas emissions per year. www.carbonnews.co.nz/news/38038/n...

carbonnews.co.nz

A worker has died after being hit by a truck at an Upper Hunter coal mine. The mine is a joint venture between mining companies Glencore and Peabody. www.abc.net.au/news/2026-08...

Coal miner dies after being hit by a truck in NSW Hunter Valley

An investigation is underway after a fatal truck accident in the NSW Hunter Valley.

abc.net.au

Shell has signed an agreement to sell its European onshore renewables portfolio to French peer TotalEnergies, the UK-based supermajor said on Monday as it prioritizes capital allocation into high-value businesses. finance.yahoo.com/energy/artic...

Shell Sells European Onshore Renewables Portfolio to TotalEnergies

Shell has agreed to sell its European onshore renewables portfolio, spanning four countries, to TotalEnergies as it refocuses on oil and gas.

finance.yahoo.com

BP has completed the sale of its refinery in Gelsenkirchen, Germany, to Klesch Group, as the UK supermajor continues to streamline its business and high-grade its portfolio under CEO Meg O'Neill. finance.yahoo.com/energy/artic...

BP Completes Sale of German Refinery as Portfolio Overhaul Accelerates

BP has completed the sale of its Gelsenkirchen refinery to Klesch Group, marking another step in the company's strategy to simplify its portfolio, reduce costs, and focus on higher-return businesses.

finance.yahoo.com

"The North Sea remains integral to the UK's energy system. However, as we focus our portfolio and direct capital to our highest-value opportunities, we believe our North Sea business will be better positioned as part of another company." Meg O'Neill said news.sky.com/story/bp-han...

BP hangs for sale sign over North Sea operations

The company says that while the UK business has value, it believes the shelf would be "better positioned as part of another company".

news.sky.com

BHP is dilly-dallying on diesel, a major decarbonisation challenge. Delaying fleet electrification today could increase future costs, cumulative emissions and transition risk. Read our latest investor insights: www.accr.org.au/research/inv...

For XCMG, the Pilbara isn’t just another export market – it has become the ultimate testing ground to show heavy mining equipment can work at scale without the need for diesel. www.afr.com/world/asia/c...

China’s electric truck hopes put Pilbara miners on collision course

XCMG has ambitions to do exactly what BYD did to the car market – turn it on its head. And it has Western Australia firmly on its radar as a proving ground.

afr.com

BHP has secured approval for its Saraji East coal mine in Queensland, despite a challenging economic outlook and a royalties regime it claims deters investment, according to IEEFA ieefa.org/resources/di...

Digging in: Why BHP wants approvals for mines it says it won’t build

BHP has secured approval for its Saraji East coal mine in Queensland, despite a challenging economic outlook and a royalties regime it claims deters investment.

ieefa.org

Outgoing Greens senator Peter Whish-Wilson wants to see the renewable energy industry get more active in the halls of government to fend off fossil fuel-funded disinformation. reneweconomy.com.au/weve-got-to-...

"We've got to fight back:" Energy industry urged to step up against fossil-funded disinformation

If the renewable energy sector wants to replace gas and coal, it needs to fight fossil fuel-funded disinformation, an outgoing senator says.

reneweconomy.com.au

One of the most impactful ways that investors can influence Japan's transition finance is engaging key companies in the steel industry. These companies have had significant influence on policy. www.accr.org.au/insights/inv...

Investor Bulletin: Optimising transition finance in the Japanese steel value chain

Investors have an important role to play in shaping policy settings to support greater, greener value creation across the Japanese economy.

accr.org.au

Investors could convey to Woodside that a gradually declining production profile is acceptable if it results in higher value. Its pre-FID LNG projects are high cost, its material gas projects uncompetitive, and its largest oil project is immaterial. www.accr.org.au/research/for...

Fork in the road

Under new leadership, it’s time for Woodside to look towards value.

accr.org.au

For investors, the significance of El Niño may be the vulnerabilities revealed. The impacts can increase extreme weather events. These events pressure agricultural output, supply chains, and energy systems, causing substantial economic costs. www.accr.org.au/insights/cli...

Climate Science Insight: El Niño returns

El Niño tends to redistribute heat across the planet, which can lead to record-breaking temperatures, shifts in storm activity, and disruptions to food production.

accr.org.au

"We need to decarbonize the mining industry, and the only way to do that is if we know where the emissions are coming from and have tailored strategies of dealing with each of those emission sources," Luke Bridgestock of the University of St Andrews said. www.barrons.com/news/metal-m...

Metal Mining's Carbon Footprint Far Larger Than Thought: Study

From building wind turbines to reinforcing power grids for rising demand from electric cars, transitioning from fossil fuels to greener economies will require a massive increase in metal extraction.

barrons.com

"Improving fuel storage capacity, diversifying energy sources, and expanding electrification of transport would strengthen Australia's economic resilience to global energy shocks," University of the Sunshine Coast economics expert Sajid Anwar said. www.sbs.com.au/news/article...

Australia will fund a new study into a third oil refinery. But is it needed?

Amid the concerns about fuel security, could Australia get a third oil refinery — and will it be worth it?

sbs.com.au

Power prices almost halved in Australia last quarter, as renewables and batteries pushed out natural gas-fired generation in the main grid. ca.finance.yahoo.com/news/power-p...

Power Prices Slump in Australia as Batteries Push Out Gas

(Bloomberg) -- Power prices almost halved in Australia last quarter, as renewables and batteries pushed out natural gas-fired generation in the main grid. Most Read from BloombergNvidia’s $750 Billion...

ca.finance.yahoo.com

Oil's price shock impacted demand more than anyone expected. Here's why that matters. ca.finance.yahoo.com/video/oils-p...

Oil's price shock impacted demand more than anyone expected. Here's why that matters.

Yahoo Finance Breaking Business News Reporter Jake Conley shares his thoughts on the latest oil price (CL=F, BZ=F) developments.

ca.finance.yahoo.com

Developing Asian nations, scarred by Middle East supply shocks, are working to scale back their reliance on imported fuels, including LNG. www.nytimes.com/2026/07/27/b...

Iran War Forces Energy Buyers to ‘Unshackle’ From Global Markets (Gift Article)

Developing Asian nations, scarred by Middle East supply shocks, are working to scale back their reliance on imported fuels, including liquefied natural gas.

nytimes.com

Organisational resilience and competitive edge will be defined by the robustness of its succession planning. To be fit for the future, your next board will not look like the last one. www.aicd.com.au/board-of-dir...

Future-fit boards: Who belongs at the table for the next decade? - AICD

If your board were built today for the next decade, who would still be sitting at the table? In an environment shaped by accelerating change, it’s a question no board can afford to ignore.

aicd.com.au

The removal of the Fuel Tax Credit would materially impact the business case for decarbonisation at BHP. Our analysis shows that most of BHP’s fleet electrification projects become financially viable with just the removal of this policy. www.accr.org.au/research/inv...

Investor briefing: Latest insights into BHP’s operational decarbonisation pathway

Investors can help drive improvements by encouraging BHP to provide greater transparency about its decarbonisation plans.

accr.org.au

After growing desire from residents and environmental activists, the Gary Common Council unanimously passed a resolution urging U.S. Steel to bring green steelmaking technologies to the city. www.chicagotribune.com/2026/07/22/g...

Gary council unanimously passes green steel resolution

The Gary Common Council unanimously passed a resolution urging U.S. and Nippon Steel to bring green steelmaking technologies to the city.

chicagotribune.com

Diesel displacement remains a major decarbonisation challenge. As Australian policy evolves, and rebates for diesel use face increasing scrutiny, BHP may be caught flat-footed if it is not prepared for changing transition economics and policy settings. www.accr.org.au/research/inv...

Investor briefing: Latest insights into BHP’s operational decarbonisation pathway

Investors can help drive improvements by encouraging BHP to provide greater transparency about its decarbonisation plans.

accr.org.au

Every day that the two straits remain closed and oil and refined product prices stay elevated underscores how unsuccessful Trump’s excursion in the Middle East has been, and how costly it is – not just for the US, but for the rest of the world. www.smh.com.au/business/mar...

The real oil shock from the Iran war might be just beginning

The opening of a second front in the war in the Middle East and depleted stocks of oil and refined products around the globe have left the world vulnerable, and oil prices are spiking.

smh.com.au

"Because of global climate change and the warming of the planet, we're drying out vegetation much more... and that makes it more susceptible to fire," said Jonathan Overpeck. "The best way to solve it is to just stop burning fossil fuels." www.cbc.ca/news/science...

'Just stop burning fossil fuels.' Scientists stress that our smoky skies only have one true fix | CBC News

Smoky skies in Toronto have led to new scrutiny of government efforts to fight fires and manage forests. But scientists say the realistic way to tackle the smoke is fighting climate change itself.

cbc.ca

What does El Niño mean for investors? The 1982-83 El Niño led to $4.1 trillion in global income losses, and the 1997-98 event cut global income by $5.7 trillion. We’re already living in a significantly warmer climate than the 1982, 1997 and 2014 events. www.accr.org.au/insights/new...

Newsletter: science-based stewardship - July 2026

Climate engagement appears to be at a crossroads.

accr.org.au

As Australian policy evolves, and rebates for diesel use face increasing scrutiny, BHP may be caught flat-footed if it is not prepared for changing transition economics and policy settings. www.accr.org.au/news/%E2%80%...

‘Growing disquiet’ over BHP’s decarbonisation walk back

BHP has significantly walked back its commitment to decarbonisation and, the reality is, there are significant risks to this strategy for investors.

accr.org.au

For investors trying to grasp the implications of tipping points, part of the challenge is that they dwarf previous crises, according to Aniket Shah, global head of sustainability and transition strategy at Jefferies. www.bloomberg.com/news/article...

Pension Funds Try to Come to Grips With the Scariest Global Warming Scenario

Institutional investors are trying to figure out what it would mean for their portfolios if continually rising temperatures trigger what JPMorgan Chase & Co. is calling “climate black swan risks.”

bloomberg.com