An Isle of Man oil and gas company has signed a license to explore an area off the coast of Uruguay.
Challenger Energy was awarded the licence by the Uruguayan regulator in July 2023.
The 13,000 square kilometres around 60 miles off South American coast could have up to two billion barrels of oil and around nine trillion cubic feet of gas.
Challenger has its registered offices on Alexandra Road in Castletown.
Deadline for businesses to register for STEMFest is tomorrow
This week's the deadline for businesses to get involved in a youth science and technology festival next year.
Sunset Lakes announces plan to fully re-open
A fishing and events venue in the West of the Island has announced it'll be fully re-opening next year.
Sponsorship applications open for 2026 MGP
Would your business like to be a sponsor for the Manx Grand Prix?
Researchers ask what you think of your phone company
What do you think of your phone company?
Bank could get facelift
A bank in Ramsey could be getting a facelift, if planners approve new proposals.
Island keeps its AA3 Moody's credit rating
The Island has kept its AA3 credit rating, after the latest update by Moody's.
More companies giving employees input in risk assessments
The Island's financial regulator says more companies are giving all employees a say in their business risk assessments.
Russian citizens added to cyber sanctions list
Eight new entries have been added to the UK's cyber sanctions list, which applies to the Island.
