ExxonMobil reshapes its portfolio with a dual-pronged strategy, resolving a long-standing arbitration in Colombia to secure exploration rights while closing its aging Fife ethylene plant in Scotland, signaling a sharper focus on core, cost-efficient assets.
Sintana Energy has reached a settlement with ExxonMobil, resolving a long-standing arbitration over the VMM-37 block in Colombia. The deal will see Sintana receive $9 million in payments as it transfers its interests in the block to the oil giant.
At its 2026 Investor Day, Alamos Gold laid out a comprehensive growth strategy targeting annual production of one million ounces by the decade's end. The plan hinges on a significant expansion of its flagship Island Gold District in Ontario, backed by a record $97 million exploration budget and detailed operational roadmaps across its North American portfolio.
In a rare alignment of priorities, the administrations of U.S. President Donald Trump and Colombian President Gustavo Petro have jointly sanctioned a manhunt for three of Colombia's most powerful narcotics kingpins, disrupting fragile peace processes and escalating regional security efforts.
Terrain Minerals Ltd has commenced a diamond drilling campaign at its flagship Smokebush Gold & Silver Project in Western Australia, marking a key step towards defining its first JORC-compliant resource by mid-2026. The program will complement ongoing reverse circulation drilling and extend exploration to the nearby Wildflower Prospect.
A joint U.S.-Colombia pledge to pursue top narcotics bosses has triggered immediate military action and a major cartel's withdrawal from negotiations, casting doubt on President Petro's 'total peace' agenda in a nation long scarred by drug violence.
In a notable diplomatic pivot, U.S. President Donald Trump hosted Colombian President Gustavo Petro at the White House, seeking common ground on drug policy and regional security despite a history of public feuds and stark ideological divides.
Colombian naval forces recovered 115 kilograms of cocaine dumped by a fleeing speedboat crew in the Pacific, a seizure announced as President Petro met with Trump in Washington amid ongoing tensions over drug trafficking.
In a move seen as a diplomatic gesture, Colombian President Gustavo Petro ordered the extradition of a major drug trafficker to the United States just hours before his first official meeting with President Donald Trump, following months of suspended extraditions and public tensions.
The death of Jose 'Gonzalito' Sanchez, second-in-command of Colombia's largest criminal syndicate, in a boating accident raises immediate questions about the stability of ongoing government negotiations aimed at ending decades of conflict.
IAMGOLD (TSX:IMG) has reignited drilling at its Anik joint venture in Québec and issued updated production guidance, signaling accelerating operational momentum. The moves come as the gold miner's shares, despite recent volatility, have delivered staggering multi-year returns, highlighting a potential valuation gap.
President Gustavo Petro's suggestion that Jesus Christ had a romantic relationship with Mary Magdalene has drawn sharp criticism from religious groups and believers, igniting a heated debate about the boundaries between political speech and religious respect in the predominantly Christian nation.
Shell has agreed to sell a 20% stake in Brazil's deepwater Orca Project to Kuwait Foreign Petroleum Exploration Company (KUFPEC), reinforcing a long-standing energy partnership while maintaining operatorship and a 50% holding in the key pre-salt asset.
Chevron (NYSE:CVX) has inked a preliminary offshore exploration pact in Syria and is financing an expanded stake for Equatorial Guinea in a key gas project, signaling a strategic push into emerging energy markets to diversify its long-term supply portfolio.
Equinox Gold (TSX:EQX) shares have rallied sharply following confirmation of high-grade gold discoveries at its Minotaur and Frank zones, aided by AI-guided exploration. The news has reignited debate over the miner's valuation and growth trajectory in a volatile gold market.
Amsterdam is considering a complete ban on ocean-going cruise ships by 2035, joining a growing list of European destinations pushing back against the pressures of mass tourism. The city's exploration of the ban follows failed plans to relocate its port and adds to existing measures targeting river cruises.
A 21-year-old Colombian national, previously released by U.S. immigration authorities, faces a homicide charge after a police pursuit ended in a deadly collision in Orange County, reigniting debate over federal immigration procedures and state sanctuary laws.
Colombia's Avianca Airlines is launching a new seasonal direct flight from San Francisco to Guatemala City, capitalizing on a surge in U.S. traveler interest in the Central American nation's rich Mayan heritage and natural wonders.
Alex Saab, a close ally of President Nicolás Maduro and former Venezuelan minister, has been arrested in Caracas according to Colombian media reports, just months after his high-profile release from U.S. custody in a prisoner exchange deal.
While broader UK markets falter on global headwinds, a subset of investors is sifting through penny stocks for hidden gems. We examine three companies—from Falklands oil exploration to digital media services—balancing potential against pronounced risks.
