Latest Energy News

3D Energi Limited has updated its prospective gas resource estimates in the Otway Basin, revealing a substantial 9.2 trillion cubic feet (Tcf) of gross recoverable gas across 51 prospects. The company is gearing up for a multi-well drilling campaign in 2025 targeting near-term commercialisation opportunities to bolster East Coast energy security.

TMK Energy is set to drill a new pilot well at its Gurvantes XXXV Coal Seam Gas Project and is making headway in securing strategic partnerships, particularly with Chinese companies experienced in horizontal drilling and fracking.

QPM Energy Limited has launched the Isaac Energy Hub, beginning with a 112MW gas-fired power station aimed at bolstering Queensland’s transition to a low-carbon electricity grid by mid-2027.

QPM Energy Limited has launched the Isaac Energy Hub with its first stage, a 112MW gas-fired power station, aiming for mid-2027 commissioning. The company is raising $12 million to support project development and expand its integrated energy utility footprint.

QPM Energy Limited has successfully raised $10 million through an oversubscribed placement and launched a $2 million Share Purchase Plan to fast-track the 112MW Isaac Power Station, the cornerstone of its Isaac Energy Hub.

NH3 Clean Energy has successfully raised $710,000 through a share placement, boosting funding for its WAH2 clean ammonia export project. This capital injection, alongside convertible note conversions, underscores progress toward the project's final investment decision.

Noble Helium has arranged a $200,000 unsecured loan from its Non-Executive Chair as a short-term refinancing measure, aiming to bolster working capital without diluting shareholders. The company plans a webinar to outline its refinancing and strategic direction.

D3 Energy reports a significant 32% increase in gas flow rates at its RBD03 well in South Africa following a well clean-out, reinforcing the project's development prospects.

Finder Energy has opened a new office in Dili to support its KTJ oil fields project, signalling a strategic push to embed local operations and partnerships in Timor-Leste.

GenusPlus Group has secured a $105 million contract to design and build the Reeves Plains Battery Energy Storage System in South Australia, marking a strategic expansion into the renewables sector.

Santos Limited has entered a process deed granting XRG Consortium exclusive rights to pursue a potential A$8.89 per share cash takeover offer, setting the stage for a pivotal chapter in the oil and gas sector.

Invictus Energy advances its Cabora Bassa Project in Zimbabwe with an updated Petroleum Production Sharing Agreement draft and National Project Status approval, setting the stage for exploration drilling in 2025.