Latest Energy News

Delorean Corporation has banked a $5.76 million cash refund from the Australian Government’s FY2025 R&D Tax Incentive, underpinning its bioenergy infrastructure growth. Another refund linked to FY2026 expenditure is anticipated next year.

Tamboran Resources has reported record gas flow rates from its Shenandoah South 6H well and secured US$188 million in a capital raise, positioning the company to deliver first gas in the Beetaloo Basin by Q3 2026.

Worley unveils a medium-term growth strategy through FY30 focused on expanding full project delivery, investing $70 million in AI, and leveraging strategic partnerships amid near-term geopolitical challenges.

Finder Energy (ASX:FDR) is advancing its KTJ Project in Timor-Leste, aiming for a final investment decision by mid-2026 and first oil production by late 2027. Ownership of the Petrojarl I FPSO and strategic alliances underpin a fast-tracked development with forecast production of up to 30,000 barrels per day.

Equus Energy’s Pre-FEED study confirms the technical and commercial viability of its North West Shelf gas project, leveraging existing infrastructure to reduce costs and execution risks while targeting both LNG export and WA domestic gas markets.

Brookside Energy has captured over 40% of its targeted Riverbend acreage in Oklahoma, advancing its development plans to expand its Anadarko Basin footprint and drilling inventory.

TMK Energy reports a steady 13% rise in average daily gas output in April 2026, supported by a recent Independent Technical Review and preparations for pilot well drilling in Mongolia. The company prioritises using produced gas for reliable power supply amid growing energy demand.

ADX Energy’s HOCH-1 well in Upper Austria has revealed 4-6 metres of net gas pay across seven intervals in the Base Hall formation, moving closer to production testing after reaching 1685 metres depth.

Xstate Resources reports promising early production from its Diona-1 well in Queensland, with gas and condensate flowing during the flow-back phase following stimulation.

88 Energy has locked in a fully earned 20% stake in Namibia's PEL 93, eliminating $15 million in future funding obligations and sharpening its exploration focus with new technical data and regional activity.

Noble Helium has locked in BoreXpert’s Schramm T130 XD rig for a two-well helium drilling campaign at North Rukwa, Tanzania, with options for two more wells pending initial results. The company aims to validate a promising western margin helium play and advance towards pilot production.

Elixir Energy has successfully completed stimulation and commenced flow testing at its Diona-1 well in Queensland’s Surat-Bowen Basin, with gas and condensate flowing at a notable pressure. The well’s proximity to existing pipeline infrastructure could facilitate rapid commercialisation if further testing confirms sustained production.