Latest Energy News

Pure One Corporation Limited is set to exit its 40% stake in Turquoise Group for AUD 5 million, securing a substantial profit and refocusing on its core clean energy ventures.

Invictus Energy has completed the Petroleum Production Sharing Agreement process for its Cabora Bassa Project, setting the stage for significant gas exploration and development in Zimbabwe.

Champion Iron Limited has launched a $289 million all-cash tender offer to acquire Norway’s Rana Gruber ASA, aiming to strengthen its position in the high-grade iron ore market and advance decarbonization in steelmaking.

NEXTDC has announced a significant 30% increase in its pro forma contracted utilisation to 412MW, driven by new customer wins, while its forward order book has expanded to 301MW, signaling strong growth prospects.

FAR Limited has agreed to promptly pay Woodside Energy a $6 million claim related to the 2021 sale of its interest in the RSSD Project, with a potential refund if Woodside recovers disputed costs from Senegal authorities.

RemSense Technologies has secured a follow-up contract with ExxonMobil to deliver advanced digital twin solutions at the Bass Strait facility, reinforcing its role in the energy sector’s digital transformation.

EIT RawMaterials has committed an additional €1.5 million to advance the Finnish Vanadium Recovery Project, reinforcing its role in Europe's critical materials supply chain. This marks the third funding round supporting technical innovation and project financing efforts.

Central Petroleum has amended its sub-salt exploration permit sale, excluding the EP82 permit and retaining Helium Australia Pty Ltd, while anticipating a $4.2 million impairment charge in FY26.

Tasman Resources has increased its investment in Eden Innovations through a $250,000 conditional share placement, raising its ownership to 13.95% and securing additional options. This move replaces further financial support and positions Tasman shareholders to benefit from Eden’s growth potential.

US1 Critical Minerals has raised $1.5 million in a strategic equity placement led by Nasdaq-listed Snow Lake Energy, bolstering its U.S.-focused critical minerals ambitions and appointing Avi Geller to its board.

Kuniko Limited has appointed Maja McGuire as Interim Managing Director amid a leadership transition, with plans to launch a key drilling program targeting gold and silver in early 2026.

Hydrocarbon Dynamics Limited has voluntarily suspended its shares on the ASX as it prepares to announce a significant transaction, stirring anticipation in the energy sector.