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De Beers will pause production at South Africa’s Venetia diamond mine for two years as it cuts costs, rephases underground investment and supports Anglo American’s wider divestment strategy. Representative image.

Anglo American wants to sell De Beers, so why is it turning off the taps at Venetia now?

Aditya Birla Renewables’ ₹17,200 crore acquisition of the Sprng Energy platform from Shell will add around 5 GWp of contracted renewable capacity and significantly expand Grasim Industries’ clean energy footprint. Representative image.

Aditya Birla Renewables to buy Shell’s Sprng Energy in $1.8bn deal, doubling scale in India’s clean power race

Oxford Nanopore (LSE: ONT) retains 2026 guidance despite weaker first-half trading

Representative image of a deepwater oil platform offshore Nigeria as Exxon Mobil Corporation advances the $1 billion Usan Infill Project to add new crude production.

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Energy Industry News

Karoon Energy (ASX: KAR) shares fell 28% in a month. Can 22,000 barrels a day from Baúna power a recovery?

Karoon has restored every Baúna well, but Who Dat delays and Brazil’s export tax still weigh. Can stronger second-half cash flow revive ASX: KAR?

July 13, 2026

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