Latest Energy News

Contact Energy's April 2025 report reveals a slight decline in electricity and gas sales but improved netback prices, with mixed progress on key projects and rising generation costs.

Metgasco Ltd has announced a partially underwritten entitlement offer to raise up to $750,000, aiming to fund a production uplift program at its Odin and Vali gas fields. The capital raise targets near-term gas flow improvements and enhanced cash generation.

Winchester Energy has successfully dismissed all legal claims from Westex Resources over its 2022 Texas farm-in, removing a key project risk.

Hartshead Resources and joint venture partner RockRose Energy agree to a 28-day pause in procedural timelines for UK Southern Gas Basin Licence P2607, aiming to advance commercial discussions. The company remains committed to a constructive resolution while preserving its legal rights.

Sparc Technologies is progressing its innovative green hydrogen pilot plant and graphene-based anti-corrosion trials, supported by a recent A$2.7 million capital raise to accelerate commercialisation and R&D.

Brookside Energy has mobilised completion operations at its Bruins Well in Oklahoma’s Anadarko Basin, targeting first production and sales in the second quarter of 2025.

TMK Energy reports significant progress in reducing reservoir pressure at its Gurvantes XXXV Coal Seam Gas Pilot Well, approaching the critical threshold for enhanced gas production.

Ampol Limited has unveiled its 2025 strategic roadmap focusing on refinery upgrades, retail expansion, and energy transition initiatives, aiming to boost margins and operational efficiency.

Strike Energy’s latest seismic surveys reveal promising exploration and appraisal opportunities at Ocean Hill and Kadathinni, reinforcing its dominant position in the Perth Basin gas market.

A landmark High Court ruling in South Africa exempts upstream petroleum activities from the Gas Act, easing regulatory burdens for companies like Renergen and Tetra4.

Contact Energy has received clearance from the New Zealand Commerce Commission to proceed with its acquisition of Manawa Energy, marking a pivotal step in the country’s energy transition.

88 Energy Limited has secured shareholder approval for a significant capital consolidation, reducing its share count by a factor of 25 effective May 9, 2025. The company has outlined a detailed timetable to guide investors through the transition.