Energy Company of the Year—small cap
Hurricane Energy
In a challenging operating environment, Hurricane Energy has enjoyed an impressive year, thanks largely to an exceptional fundraising period in July. The UK-based company successfully managed to raise $530m in equity and convertible bonds—the largest of a UK-listed E&P company for many years. The proceeds will now help fund the development of the Lancaster field, on the Rona Ridge, to the west of the Shetland Islands. The reserves total 523m barrels—the largest undeveloped oil resource in the UK. Hurricane has pioneered fractured basement exploration in the UK since its founding in 2005. In its short history, the company has notched up a series of impressive finds. Between 2009-10, the a
Also in this section
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
24 April 2026
The European Commission’s response to the Middle East crisis is to double down on its transition strategy, with plans for a new target on electrification
24 April 2026
A major new discovery by Eni and BP that can likely be fast-tracked to production is welcome news for Egypt as it scrambles to plug a widening supply gap and deal with rising import risks
