Latest Energy News

1414 Degrees has completed the acquisition that gives it 100% ownership of the 16 km² Aurora Energy Precinct near Port Augusta. The move simplifies negotiations around a proposed 140 MW battery, staged grid connections and a potential 1 GW AI data centre, but commercial commitments and financing remain outstanding.

Woodside delivered a stronger third quarter as production rose 12% and operating revenue reached US$4.281 billion. Scarborough is now 99% complete and remains on track for its first LNG cargo in Q4, while the company moves to reduce its Beaumont New Ammonia investment.

Beach Energy delivered its strongest quarterly revenue result on record, with sales rising 41% to A$565 million as production increased 9% to 5.4 MMboe. Waitsia reliability improved, offshore abandonment work was completed and FY27 guidance remained unchanged.

Provaris Energy has accepted $914,500 in final Share Purchase Plan applications after delayed electronic transfers pushed demand 50% above its $600,000 target. The raise will fund hydrogen and LCO₂ development, while a proposed option package still requires shareholder approval.

TMK Energy has secured Mongolian regulatory acceptance for a formal gas discovery at its Gurvantes XXXV Pilot Well Project, opening the next stage toward appraisal, reserves and a potential production licence. The milestone starts a 90-day window for an appraisal program, but no reserves or commercial production figures have yet been established.

Gold Hydrogen has completed helium flow testing across all three Ramsay wells, confirming reservoir continuity over 2.2 kilometres and average air-corrected helium concentrations of 15.2%. The company is now accelerating modular pilot planning, but its headline 37 Mscf per well per day production figure remains modelled rather than demonstrated.

Echelon Resources has spudded the second and final well in its Palm Valley appraisal campaign, targeting the south flank of the Northern Territory gas field. The company expects the two wells to restore facility capacity to about 14 TJ a day and support at least 10 PJ of gas production, although both drilling and tie-in work remain incomplete.

Provaris Energy’s share purchase plan attracted preliminary applications of $755,000, exceeding its $600,000 target. The company will accept the oversubscription, with the final amount, issue price and share allocation due on 21 October.

Amplitude Energy has opened FY27 with record quarterly production and revenue, while a successful Juliet gas discovery and East Coast Supply Project investment decision push its growth plan forward. The trade-off is higher spending, with FY27 capital expenditure guidance rising to A$320 million to A$390 million.

Jade Gas has begun drilling Mongolia’s first multilateral coal bed methane well at Red Lake, testing a five-branch design intended to improve future production. The milestone arrives as negotiations for a proposed US$762.5 million Phase 1 development advance, but binding agreements are now targeted for November.

Ampol's third-quarter trading strengthened as Lytton refinery margins more than doubled and Convenience Retail sales surged, but extra maintenance will reduce expected fourth-quarter higher-value product output by about 150 million litres. The Ultra Low Sulfur Fuels project has also slipped into the first quarter of 2027, while the proposed Evie Networks acquisition awaits regulatory clearance.

Buru Energy has applied for a Production Licence covering its wholly owned Rafael gas and condensate field in Western Australia, moving the project into another key regulatory phase. The application follows the booking of 15.25 MMboe of 2P Reserves and keeps planned 2027 drilling and early 2029 first gas in view, subject to approvals and funding.