Latest Energy News

NOVONIX has reached mutual agreement to draw down an additional US$40 million tranche of convertible debentures from Yorkville Advisors, advancing its funding strategy to support growth in battery technology.

Coronado Global Resources has proposed a significant financial support transaction with Stanwell Corporation, aiming to enhance liquidity, extend coal supply agreements, and support Queensland’s energy needs and local employment.

Finder Energy has secured half of the development capital for its KTJ oil project in Timor-Leste through a farmin deal with TIMOR GAP and accelerated engineering work with SLB, targeting first oil by the end of 2027.

Red Sky Energy reports steady production and cash flow growth from its Innamincka and Killanoola projects, while securing a strategic 35% stake in Angola’s Block 6/24, marking a significant step in its international expansion.

Melbana Energy continues steady oil production in Cuba with new drilling underway, while securing critical permit variations in Australia that extend exploration timelines and reduce seismic obligations.

Eden Innovations reports a remarkable surge in US OptiBlend kit orders, with recent two-week sales nearly matching last year’s full annual total. This growth underscores rising demand from data centres seeking cost-effective, lower-emission backup power solutions.

Tamboran Resources has raised over US$56 million through a public offering and secured up to US$29.3 million via a PIPE, while forging a strategic partnership with Baker Hughes to advance its Beetaloo Basin shale gas development.

TMK Energy has successfully drilled and commissioned its LF-07 pilot well, boosting gas production at its Gurvantes XXXV Coal Seam Gas project in Mongolia. The company also secured $3.5 million in oversubscribed funding and formed a strategic alliance to advance development plans.

Xstate Resources has significantly upgraded its Prospective Resource estimate for the Diona Block in Queensland, revealing substantial Basin Centred Gas potential that could reshape the project’s outlook.

Conrad Asia Energy has signed a significant gas sales agreement with Indonesia’s PLN subsidiary, underpinning the development of its Mako Gas Field and advancing exploration in Aceh. The company is progressing farm-down talks and preparing for a major seismic survey to unlock further gas resources.

TotalEnergies has lifted the force majeure on the $20 billion Mozambique LNG project, signaling a full restart after 4.5 years. RBR Group, uniquely positioned as the only ASX-listed company with direct exposure, stands to benefit from the surge in workforce and infrastructure demand.

Helios Energy has successfully completed its first oil sales following the restart of operations at its Presidio Oil Project in Texas, signaling a pivotal shift from exploration to production.