Latest Energy News

ADX Energy has identified seven drill-ready shallow gas prospects in its Upper Austria licences, with a multi-well drilling program planned for late 2025. The company aims to leverage advanced seismic data and cluster development to optimise production and reduce costs.

Renergen has awarded preferred bidder status for the Phase 2 EPC contract of its Tetra4 LNG and helium liquefaction project to the He4u consortium, marking a significant step forward in the Virginia Gas Project.

Renergen Limited reports steady LNG production despite maintenance downtime, progresses a strategic merger with ASP Isotopes, and advances exploration with new seismic data and drilling activity.

Cauldron Energy has wrapped up its fully underwritten entitlement offer, raising nearly $1.95 million, with its major shareholder stepping in to cover a $557,000 shortfall.

Bass Oil Limited has raised $925,180 through a non-renounceable rights issue, aiming to complete its Vanessa Acquisition and fuel future growth initiatives.

Lithium Universe Limited has acquired exclusive global rights to a pioneering microwave-based technology for recycling photovoltaic solar panels, offering a strategic pivot while awaiting lithium market recovery.

Karoon Energy has successfully acquired 100% interests in six offshore blocks in Brazil’s Santos Basin, reinforcing its strategic position and increasing its 2025 capital expenditure guidance to US$120-140 million.

Bass Oil Limited reported steady oil production in May with a 3% increase in output and announced plans to acquire the Vanessa gas field, marking a strategic pivot towards gas production in Australia’s evolving energy landscape.

Lakes Blue Energy NL has secured $6.5 million through a fully underwritten placement to fund drilling at its Wombat Gas Field in Victoria, aiming to address looming gas supply shortages on Australia's east coast.

Top End Energy updates its Northern Territory exploration strategy amid record gas flow tests in the Beetaloo Basin, signaling a shift from appraisal to development.

Hazer Group Limited has opened a $2 million underwritten Share Purchase Plan, offering eligible shareholders in Australia and New Zealand the chance to buy shares at the same price as a recent institutional placement. The funds will support the commercialisation of its methane reactor technology and synthetic graphite development.

Provaris Energy and Yinson have completed the design of a groundbreaking large-scale liquid CO2 tank for maritime use and are forming a joint venture to commercialize this innovation, aiming to scale carbon capture supply chains and reduce costs.