Latest Energy News

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.

Lakes Blue Energy reports encouraging early natural gas shows at its Wombat-5 well in Victoria’s Gippsland Basin, advancing drilling towards a significant horizontal production zone.

Simble Solutions has exited its digital asset holdings, selling all Bittensor tokens at a slight loss following new ASX guidance. The company signals a strategic pivot away from digital assets in its treasury management.

Stonehorse Energy has announced the immediate resignation of executive David Deloub following the termination of his services agreement, with the Executive Chairman stepping in to manage operations.

Red Sky Energy has formalized its 35% interest in Angola’s Block 6/24 following parliamentary ratification of the Risk Service Contract, unlocking access to significant oil resources and advancing its international growth strategy.

Kinetiko Energy has secured a crucial two-year renewal of its South African exploration rights, advancing its pilot production and development plans amid promising drilling results.

TMK Energy’s LF-07 pilot well at the Gurvantes XXXV Coal Seam Gas Project is producing over 100 cubic metres of gas daily, driving a doubling of total pilot well output since recent drilling. This milestone sets the stage for further production increases as reservoir management advances.

Lion Energy has agreed to sell its minority interest in the Seram Non-Bula PSC for US$1.2 million, refocusing its efforts on the higher-potential East Seram PSC exploration program.

Provaris Energy has formalized a strategic collaboration with Baker Hughes to advance compressed hydrogen solutions for marine transport and storage across Europe, marking a key milestone in scaling regional hydrogen supply chains.

Xstate Resources has secured $2.14 million through its Re-compliance Prospectus offer and is on track to meet ASX conditions for re-listing, with drilling at its Diona Project set to begin in late September.

Woodside Energy Group has updated its dividend announcement, revealing the exchange rates and currency conversion methods for its upcoming fully franked dividend payment. Shareholders can expect payments in multiple currencies based on their location, with options to elect alternative currencies by early September.

Beetaloo Energy is gearing up for first gas production in 2026 from its Carpentaria Pilot Project, backed by a $65 million financing package and a binding 10-year gas sales agreement with the Northern Territory government.