Latest Energy Production News

RooLife Group Ltd reported a sharp 51% revenue decline to $4.62 million and a 31% increase in net loss to $2.76 million for FY2025, as it pivots towards higher-margin sectors including renewable energy and global social commerce.

AXP Energy has updated its resource disclosures and is accelerating its gas-to-power strategy to fuel bitcoin mining operations in Oklahoma, leveraging proven oil fields and strong industry partnerships.

Woodside Energy Group Ltd has reported a robust first half of 2025, marked by strong production growth, reduced costs, and solid financial returns, while advancing key LNG projects and sustainability goals.

SGH Ltd reported solid FY25 results with EBIT rising 8% to $1.54 billion, supported by strong performances in Boral and WesTrac, alongside a 49% surge in operating cash flow. The company projects continued earnings growth in FY26 amid disciplined capital management and operational improvements.

RooLife Group has secured a two-year supply agreement with Eternal Asia, granting access to over one million retail outlets across China and potential annual orders worth up to AUD 110 million.

Electro Optic Systems (EOS) has landed a landmark €71.4 million contract from a European NATO member for its pioneering 100kW high-power laser counter-drone system, marking the first export of this class of directed energy weapon.

AXP Energy has commenced production from the Greenhorn Formation, marking a first for its Florence leases, while reporting a 15% rise in oil output and a 42% jump in quarterly revenue.

RooLife Group (ASX, RLG) reported $1 million revenue in Q4 FY2025, driven by its UK TikTok marketplace launch and a major solar product order from India, while divesting its digital marketing arm and cutting staff costs.

Pilot Energy has secured a $1.5 million debt note to bolster cash flow ahead of a substantial $4.5 million Petroleum Resource Rent Tax refund linked to the decommissioning of the Cliff Head Oil Field.

Galilee Energy reported operational cost reductions and a $2.8 million cash balance following a partial capital raise, while progressing a farm-out process for its Denison Trough permit.

Vulcan Energy has significantly expanded its lithium brine resource at Mannheim by 76% and reported its first geothermal energy resource estimate, marking a major step in its integrated renewable energy and lithium production strategy in Germany’s Upper Rhine Valley.

Infini Resources’ Phase 1 drilling at Portland Creek confirms promising uranium pathfinders and hydrothermal alteration, setting the stage for a targeted Phase 2 program in Q3 2025.