Latest Energy News

White Energy has arranged a $1 million unsecured loan from a company linked to its chairman to support due diligence on planned acquisitions and cover working capital before a capital raising.

1414 Degrees has secured $8.45 million in a placement to advance its silicon battery technology and renewable energy projects, targeting drone, defence, space, and data centre markets.

Viva Energy has brought its Residue Catalytic Cracking Unit back online at the Geelong Refinery, pushing production to over 90% capacity following a fire in April. However, the Alkylation unit remains offline and is expected to be out of action throughout 2027.

Carnarvon Energy has boosted its Bedout Basin prospective resources by 92%, now holding over 6.2 billion barrels of oil equivalent across 130 prospects, with exploration drilling set to start in April 2027.

Provaris Energy has raised $1 million through a share placement to fund key 2026 development milestones in hydrogen and liquid CO2 storage, reinforcing its technical progress and partnerships.

ADX Energy’s HOCH-1 well in Upper Austria has delivered a stable, water-free gas flow rate of 2.7 million cubic feet per day over an 11-hour test, confirming commercial potential from the first tested zone amid ongoing multi-interval testing.

Buru Energy has launched a prospectus offering over 207 million new options free-attaching to a recent $5.3 million placement, aiming to back the commercialisation of its Rafael Gas Project and bolster working capital.

Triangle Energy (ASX:TEG) has regained 100% ownership of the L7 Production Licence and EP 437 Exploration Permit in the Perth Basin after joint venture partners Echelon and Strike withdrew and transferred their interests back. Legal proceedings against these partners for failing farm-in obligations continue.

APA Group projects a final distribution of 30.5 cents per security for the six months ending June 2026, marking a modest 1.7% increase over the prior year and maintaining full-year guidance.

Finder Energy has issued 12 million shares at 50 cents each, raising $6 million from Amplus Energy and Longreach Capital following shareholder approval.

ADX Energy’s HOCH-1 exploration well in Upper Austria delivered a promising clean-up flow of 2.8 million cubic feet per day from its first tested gas zone, signalling encouraging reservoir potential ahead of further testing.

Melbana Energy halts direct involvement in its Cuban Block 9 project following US sanctions on CUPET, its contractual counterparty, while it seeks legal clarity on the complex regulatory landscape.