Latest Energy News

ADX Energy has lodged applications for two offshore gas exploration permits adjacent to its existing Sicily Channel licence, aiming to extend its footprint in a geologically promising biogenic gas play.

Horizon Oil’s Sinphuhorm Pad D facility in Thailand has achieved first gas well ahead of schedule, with strong initial production rates validating the project's potential to unlock underutilised reserves.

Kinetiko Energy’s South African subsidiary has locked in a $1.26 million cash agreement with Mulilo, resolving land-use conflicts and gaining a potential gas supply edge for a major wind energy project.

Santos Limited's half-year results show a 19% drop in net profit to US$355 million amid higher production and LNG ramp-up costs, while declaring an interim dividend of 11.6 US cents per share.

Brookside Energy has successfully installed intermediate casing and landed the curve in the Woodford Shale at its Whalers well, progressing drilling into the lateral section as part of its two-well Suttles pad program in Oklahoma’s Anadarko Basin.

Equus Energy's Pre-FEED study confirms a robust, phased development plan for its Equus Gas Project, targeting LNG, domestic gas, and condensate production with strong economic returns.

Buru Energy has boosted its Ungani oil field’s 2C Contingent Resources by around 200%, lifting recoverable oil estimates to 660,000 barrels while exploring new, lower-cost production and local refining options.

Energy One (ASX:EOL) reported a strong FY26 with 14% revenue growth and 38% profit rise, announcing a transformative $99.8 million all-scrip acquisition of Gas Management Services Limited (GMSL) that will deepen its European footprint and bring Fluxys onboard as a major shareholder.

AXP Energy is installing a 320kW natural gas generator at its Edwards Lease in Oklahoma to power digital mining equipment, marking its first commercial gas-to-power project following a successful Colorado trial.

Amplitude Energy (ASX:AEL) posted record production and earnings for FY26, underpinned by strong operational execution and progress on the East Coast Supply Project (ECSP). The company strengthened its balance sheet, reduced net debt by 85%, and targets first gas from ECSP in 2028.

Mercury NZ Limited posted a staggering 32,000% surge in net profit for FY26 despite an 8% revenue dip, underpinned by strong renewable generation and disciplined cost control.

Vector Limited (NZX:VCT) posted a 55% jump in net profit to $240 million for FY2026, driven by a 20% rise in adjusted EBITDA and a record $544 million capital investment in Auckland’s electricity network.