Latest Energy News

Santos Limited’s 2024 Annual Report reveals a 5% drop in production and a 9% decline in sales revenue, yet highlights significant progress in carbon capture and storage and emissions reduction targets.

Meridian Energy has agreed to acquire NZ Windfarms for $91 million, aiming to streamline financing and boost capacity at the Te Rere Hau Wind Farm. The deal, supported by key shareholders, marks a significant step in New Zealand’s renewable energy landscape.

Provaris Energy has launched a capital-lite revenue model designed to generate early cash flow with minimal capital expenditure, alongside securing a major hydrogen supply agreement with Uniper Global Commodities. The company targets first hydrogen deliveries by early 2029, advancing its position in Europe's hydrogen supply chain.

Li-S Energy reports a $2.67 million net loss for H1 FY25 but marks significant milestones in lithium sulfur battery production and strategic partnerships.

Noble Helium Limited has announced a sweeping board and executive reshuffle following pressure from major shareholders, signaling a strategic reset aimed at strengthening its financial footing and advancing its Tanzanian helium projects.

Bass Oil Limited reported a 2.9% increase in total sales revenue for January 2025, driven by steady daily production and notable gains in both the Cooper Basin and Indonesian operations. The company is advancing gas appraisal efforts that could unlock significant new resources.

HyTerra Limited faces operational delays at its Nemaha Project due to severe winter weather but strengthens its management team with a key executive hire to drive 2025 exploration forward.

Thor Energy has completed its acquisition of an 80.2% interest in Go Exploration, gaining access to prime hydrogen and helium exploration licenses in South Australia and significantly expanding its clean energy portfolio.

D3 Energy has secured three new Technical Cooperation Permits near its flagship ER315 project, broadening its footprint in a world-class helium province and setting the stage for potential resource growth.

Triangle Energy reports a missed payment from Pilot Energy related to the Cliff Head project sale, while Pilot continues funding operational costs amid capital raise talks.

88 Energy Limited has struck a pivotal farmout agreement with Burgundy Xploration LLC, unlocking up to US$39 million in funding for Project Phoenix’s horizontal well program and extended flow testing, setting the stage for a potential production decision in 2026.

Invictus Energy has secured Environmental and Social Impact Assessment approval for pilot gas production at its Cabora Bassa Project, unlocking the path to commercial gas extraction and power generation in Zimbabwe.