Latest Energy News

Elixir Energy reveals a substantial multi-TCF gas resource in Queensland’s Taroom Trough, drawing parallels to Canada’s prolific Montney Basin, and outlines key drilling plans to unlock this critical East Coast energy supply.

MPower Group has finalized the sale of nearly all its assets to Wollemi Energy Group for about $19 million, setting the stage for a potential capital return or a new business acquisition.

Bass Oil Limited reported a 55% increase in EBITDA for the first half of 2025 despite lower oil prices, while progressing key gas field developments to enter the Australian East Coast Gas Market.

Blue Energy’s subsidiary Eureka Petroleum has been granted a 20-year production licence for the Sapphire gas project, enabling development of substantial certified gas reserves adjacent to existing infrastructure.

1414 Degrees has completed all technical milestones with Woodside, retaining full ownership of its SiBox technology and advancing commercialisation efforts in industrial decarbonisation and hydrogen.

NuEnergy Gas Limited has obtained government approval to sell 1 MMSCFD of coal bed methane gas in Indonesia, marking a pivotal step in its transition to production and supporting the country’s energy security goals.

Lakes Blue Energy reports promising natural gas indications at its Wombat-5 well, with increasing concentrations of hydrocarbons detected as drilling progresses into the Strzelecki Formation.

Beetaloo Energy reports steady progress on its Carpentaria-5H well, successfully completing hydraulic stimulation and entering a critical clean-up phase ahead of October’s IP30 flow test results.

Red Sky Energy has secured regulatory approval to build the KN2 well site at its Killanoola Oil Project, setting the stage for drilling a promising new target that could boost production and revenues.

D3 Energy has submitted its Production Right application for part of its South African ER315 permit well ahead of schedule and under budget, marking a key step toward commercialising certified methane and helium reserves.

Finder Energy is fast-tracking its Kuda Tasi and Jahal development with advanced engineering and critical FPSO evaluations, aiming for a Final Investment Decision in 2026. This acceleration seeks to reduce risks and optimize costs ahead of production.

Delorean Corporation has locked in a long-term biomethane supply agreement with Origin Energy, underpinning its SA1 Salisbury bioenergy project with up to $40 million in revenue over 10 years.