Latest Energy Security News

Pilot Energy has secured crucial environmental approval to conduct a 3D seismic survey offshore Perth Basin, propelling its exploration and farmout ambitions forward while supporting carbon storage initiatives.

Finder Energy has finalized a farmin agreement with TIMOR GAP, increasing the latter’s stake in the PSC 19-11 project and unlocking significant funding to accelerate development.

Prominence Energy has achieved a pivotal milestone with the award of Petroleum Exploration Licence 803 for its Gawler Hydrogen Project, positioning itself as a key player in Australia's emerging natural hydrogen sector. The company also strengthened its leadership team and completed a $1.75 million capital raise to fund its growth ambitions.

Vulcan Energy has awarded a €140 million contract to JordProxa for critical lithium purification and processing technology at its Phase One Lionheart Project in Germany, marking a pivotal step towards Europe’s first sustainable lithium supply chain.

Pilot Energy has locked in a $5.9 million debt facility tied to PRRT refunds, easing upfront funding pressures for decommissioning the Cliff Head oil field through 2027.

G50 Corp’s latest quarterly report reveals a significant new precious metals discovery at its Golconda Project alongside promising antimony results at White Caps, supported by a $10 million capital raise to advance exploration.

Battery Age Minerals (ASX – BM8) showcased its global portfolio of critical minerals projects at the Ignite Investment Summit in Hong Kong, highlighting maiden drilling at Austria’s Bleiberg germanium project, a newly granted drill permit for Argentina’s El Aguila gold-silver system, and ongoing lithium exploration in Canada’s Falcon Lake.

Tamboran Resources has completed the largest drilling campaign in the Beetaloo Basin, delivering three 10,000-foot lateral wells with record efficiency. The company targets first gas sales by mid-2026, advancing its Northern Territory gas supply ambitions.

NH3 Clean Energy has raised $4 million through a placement to institutional investors, aiming to fund critical front-end engineering design work for its WAH2 clean ammonia project.

Amplitude Energy has successfully closed a $150 million equity raising, including a $19 million retail entitlement offer, positioning the company to expand its East Coast Supply Project and potentially restart the Patricia Baleen project.

Kinetiko Energy and FFS Refiners have formalised a joint development agreement to co-develop a pilot LNG plant at Brakfontein, marking a significant step in South Africa’s energy transition. The initial phase involves co-funded drilling and gas testing with plans to scale LNG production substantially.

3D Energi has raised $9.4 million to fund the drilling of its Essington-1 well in the Otway Basin, with Korea National Oil Corporation acquiring a 29% stake in the joint venture alongside ConocoPhillips. Drilling is set to commence in late October 2025.