Latest Energy News

Melbana Energy has begun mobilisation for drilling the Amistad-11 well in Cuba’s Block 9, aiming to restore and improve production after formation damage impacted a key well.

Energy World Corporation Ltd has outlined a strategic reset including a $442 million debt-to-equity conversion and is progressing towards commissioning its flagship Pagbilao LNG and power project in the Philippines, alongside advancing its Sengkang LNG facility in Indonesia.

Prominence Energy Ltd has made significant technical progress at its Gawler Hydrogen Project, confirming high-grade natural hydrogen potential and preparing for a major geochemical survey in early 2026. The company also strengthens its global position by joining a prestigious hydrogen delegation to Korea.

Winchester Energy has commenced production from its Varn JVU-5 well in Texas, marking a significant step in its waterflood project with an initial oil output of 25 barrels per day.

AXP Energy reports encouraging early oil and gas flowback at its Charlie #1 well in Oklahoma, marking a key milestone in its Mississippi Lime development program.

Tamboran Resources has sanctioned its Shenandoah South Pilot Project, completed a record drilling campaign, and is progressing infrastructure to deliver gas to the Northern Territory by mid-2026. The company also announced a planned acquisition of Falcon Oil & Gas and raised $56 million in a public offering.

Hartshead Resources has been granted a two-year extension on Phase C of its UK North Sea Licence P2607, allowing more time to complete its work programme amid regulatory and supply chain delays.

ADX Energy has raised A$3.5 million through a placement to fund key gas exploration projects in Austria and Italy, alongside plans for a strategic dual listing in Oslo.

Elixir Energy advances its dominant position in Queensland’s Taroom Trough with a major drilling campaign set for early 2026, aiming to address looming East Coast gas shortages. The company’s extensive acreage and certified resources position it as a key player in Australia’s energy future.

Meridian Energy's October 2025 report reveals exceptional hydro storage levels and a notable rise in electricity demand and retail sales, signaling robust operational performance amid shifting market dynamics.

Sagalio Energy Limited has had its trading suspension lifted immediately following its response to an ASX Price Query, restoring market activity in its shares.

Sagalio Energy’s shares surged sharply on November 12, prompting ASX to demand clarity on undisclosed information and compliance with disclosure rules.