Latest Energy News

Beach Energy’s FY26 half-year results reveal steady sales volumes and a robust ramp-up at the Waitsia Gas Plant, supported by strong LNG cargo revenues and disciplined cost management.

Beach Energy reported a resilient first half of FY26, overcoming Cooper Basin floods to deliver solid earnings boosted by LNG cargoes and higher gas prices. The company’s operational safety and environmental efforts underpin a confident outlook as key projects ramp up.

Beach Energy reported a 32% drop in half-year net profit to $150.2 million, impacted by flooding and lower oil prices, while advancing its Waitsia Stage 2 gas project. The company declared a fully franked interim dividend of 1.0 cent per share.

TMK Energy has reported a sixth straight month of rising gas production at its Gurvantes XXXV Coal Seam Gas Project in Mongolia, highlighted by a new daily record of approximately 23,800 standard cubic feet per day.

ADX Energy has revealed a significant technical update on its Welchau appraisal permit in Austria, highlighting a connected petroleum system with 18 million barrels of prospective light oil and 125 billion cubic feet of gas condensate resources.

Botala Energy has raised A$3 million through an oversubscribed placement to fully fund drilling and flow testing at its Serowe coal bed methane project this quarter, advancing its commercial gas ambitions.

Worley Limited has been awarded a reimbursable EPC contract for Phase 2 of the CP2 Project, reinforcing its role in a strategically vital global energy infrastructure initiative.

Grand Gulf Energy has resumed trading on the ASX following a pivotal announcement securing new exploration rights alongside a fresh capital raising initiative.

BPH Energy has extended its options placement offer to 3 February 2026, giving shareholders more time to secure new options at a low exercise price. Directors have already taken up their full entitlements, signalling confidence in the company’s strategic direction.

The Mozambique Government’s approval to restart the TotalEnergies-led LNG project has accelerated construction and workforce mobilisation, positioning RBR Group to capitalise on significant near-term opportunities.

Provaris Energy and Yinson Production have teamed up with Himile Heavy Industries to explore manufacturing large-scale LCO₂ tanks in China, a key step for offshore carbon capture infrastructure.

High Peak Royalties has completed the transfer of its Torrens Energy geothermal assets to NorthStar Energy, receiving 12.5 million shares valued at A$2 million and retaining ongoing royalties. The company also reported steady royalty receipts and a key board change in its December 2025 quarterly update.