Enbridge selling $516mn stake in Westcoast pipeline to indigenous groups

22 May 2025
Canada’s Enbridge has struck a deal to sell a 12.5% stake in its Westcoast gas pipeline system to Stonlasec8 Indigenous Alliance, a group representing 36 First Nations in British Columbia, for CAD715mn ($516mn).

China’s Guangdong Pearl River strikes LNG deal with ConocoPhillips

22 May 2025
China’s Guangdong Pearl River Investment Management Group has signed a 15-year LNG sale and purchase agreement with ConocoPhillips, with supply thought likely to be coming from the US.

Record temperatures around the world – Statista

22 May 2025
A heat wave is sweeping across South Asia, with temperatures having reached 44°C in India’s Jaipur and 50°C in Pakistan’s Shaheed Benazirabad in April, Statista reports.

Tullow restarts drilling in Ghana’s Jubilee Field in major boost for West African oil sector

22 May 2025
Tullow Ghana and its partners have restarted drilling operations in the country’s flagship Jubilee Field, signalling renewed investment and confidence in one of West Africa’s most strategic oil assets.

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