Latest Oil Gas News

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Anson Resources has applied to re-enter the Mt Fuel-Skyline Geyser 1-25 well at its Green River Lithium Project to test for lithium-rich brines, aiming to upgrade its exploration target to a JORC Mineral Resource.
Maxwell Dee
Maxwell Dee
29 Apr 2025
SRJ Technologies has landed a £695k (A$1.45m) contract to deliver advanced inspection and emissions monitoring services on North Sea assets for a global Oil & Gas Supermajor in 2025. This deal highlights SRJ’s growing leadership in emissions monitoring and its strategic push for long-term, high-value contracts.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Woodside Energy Group Ltd reported a 115% increase in net profit after tax to US$3.573 billion in 2024 despite a 6% revenue decline, driven by record production and strategic growth in LNG and new energy sectors.
Maxwell Dee
Maxwell Dee
25 Feb 2025
Bounty Oil & Gas, through its joint venture operator Asset Energy, has initiated a judicial review against the refusal to vary and extend the PEP-11 offshore petroleum exploration permit. The legal challenge could reshape the future of this key Sydney Basin asset.
Victor Sage
Victor Sage
13 Feb 2025
Sparc Technologies has secured a fourth trial agreement with BHP Mitsubishi Alliance to test its graphene-enhanced ecosparc® coating in harsh mining conditions, aiming to validate its anti-corrosive performance against market leaders.
Sophie Babbage
Sophie Babbage
7 Feb 2025
Whitebark Energy Limited has announced an off-market takeover offer to acquire all shares and options in King Energy Limited, with unanimous support from King’s board. The offer aims to create a diversified Australian energy company with enhanced market presence and operational synergies.
Maxwell Dee
Maxwell Dee
4 Feb 2025
Bounty Oil and Gas NL reports steady cash reserves and rising oil production in Queensland, while facing regulatory setbacks offshore. The company’s strategic developments and entitlement offer position it for growth in 2025.
Victor Sage
Victor Sage
31 Jan 2025
AXP Energy reports a 12% decline in oil production but a 9% revenue increase, driven by strategic gas-to-power initiatives and a new joint development agreement.
Victor Sage
Victor Sage
31 Jan 2025
Red Sky Energy's December 2024 report reveals steady production from Yarrow 3, imminent fracture stimulation at Yarrow 1, and a transformative 35% stake in Angola's Block 6/24, positioning the company for diversified growth and enhanced cash flow.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Australis Oil & Gas reported a 3% rise in sales volume for Q4 2024 despite a slight dip in revenue due to lower commodity prices, while actively pursuing partnerships to unlock the full potential of its Tuscaloosa Marine Shale assets.
Victor Sage
Victor Sage
31 Jan 2025
Bass Oil Limited reported a 27% drop in quarterly revenue amid natural production declines but highlighted promising developments in its Kiwi gas field project in the Cooper Basin.
Victor Sage
Victor Sage
31 Jan 2025
SRJ Technologies reported a remarkable 178% increase in Q4 FY24 cash receipts, driven by strong contract activity and strategic partnerships, including a key Middle East market entry. Despite some project delays, the company remains confident in its growth trajectory for FY25.
Maxwell Dee
Maxwell Dee
31 Jan 2025