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.
National Risk Assessment looks at virtual assets sector
There's a 'medium' risk of money laundering in the Island's virtual assets sector, according to a new report.
Law changes aimed at improving transparency on company ownership
The government's set out proposals aimed at making it easier to identify who owns and controls Island companies.
Bushy's is branching out into spirits
A Manx brewery is preparing to launch a new range of spirits this week.
Open day at new gym this weekend
A new gym in Douglas is opening its doors for the first time this weekend.
Businesses encouraged to have quiet hours for neurodivergent people
Businesses across the Island are being encouraged to introduce "quiet hours" in the wake of Autism Acceptance Month.
Chance of comeback for city centre takeaway
There's a chance a Douglas takeaway might get a new location and get back into business.
Workshop about neurodivergence in the workplace
A workshop about how businesses can support and benefit from neurodivergent employees will be held next week.
Island to host major shipping conference
A huge shipping conference will be held on the Island later this summer.
