Latest Energy News

Thor Energy PLC has fast-tracked exploration activities at its newly acquired South Australian hydrogen and helium licence following a promising independent resource assessment. The company reported a net cash outflow but maintains a solid cash position to support upcoming work.

Rey Resources reported a net cash outflow in Q1 2025 while progressing seismic surveys and land access negotiations in Western Australia's Canning Basin. The company maintains significant loan facilities to support ongoing exploration activities.

NuEnergy Gas Limited has initiated drilling site preparation at its Tanjung Enim PSC, progressing towards early gas sales, while securing key commercial agreements and maintaining a strong cash position.

Foresta Group Holdings advances its flagship Kawerau renewable energy project with inclusion in New Zealand’s Fast-Track Approvals Act, a key term sheet with Genesis Energy, and $2 million raised via convertible notes.

Beach Energy reported steady production and strong financials in Q3 FY25 despite flood disruptions in the Cooper Basin, with key projects advancing and liquidity improving.

Simble Solutions reported a 39% rise in customer cash receipts for Q1 FY25 and strengthened its market position through strategic partnerships and renewable energy initiatives.

GreenHy2 Limited reports a strategic push in Europe with new contracts for its advanced supercapacitor and hydrogen storage technologies, alongside a cash position of $814K and four quarters of funding runway.

HyTerra Limited has initiated a 12-month exploration program at its Nemaha Project in Kansas, successfully spudding the Sue Duroche 3 well and commencing seismic surveys to assess natural hydrogen potential.

Triangle Energy reported a $9.85 million cash balance for the March quarter, plugged the Becos-1 well after disappointing results, and agreed to defer the Cliff Head asset sale to Pilot Energy until 2026.

Central Petroleum has successfully commissioned two new wells at Mereenie, exceeding production expectations and driving a 22% rise in quarterly revenue despite the lapse of a key gas supply agreement.

Woodside Energy has approved the final investment decision for its Louisiana LNG development, a major three-train project targeting first LNG in 2029 with strong returns and emissions targets intact. This move positions Woodside as a global LNG powerhouse with a diversified portfolio and significant cash flow potential.

NH3 Clean Energy has reported a significant uplift in the value of its WAH2 clean ammonia project following completion of Pre-FEED engineering, alongside strategic export agreements and a recent capital raise.