Latest Energy News

Invictus Energy advances its Cabora Bassa Project in Zimbabwe with an updated Petroleum Production Sharing Agreement draft and National Project Status approval, setting the stage for exploration drilling in 2025.

Whitebark Energy has finalized a preliminary well design and rig market assessment for drilling the massive Rickerscote prospect in 2026, estimating costs at AU$7.7 million. The move positions the company at the forefront of Australia's emerging hydrogen, helium, and hydrocarbon sectors.

Condor Energy has launched a comprehensive market and commercialisation study for its 1 trillion cubic feet Piedra Redonda gas discovery offshore Peru, aiming to chart a clear path toward development and partnerships.

Xstate Resources Limited has announced a re-compliance capital raising to fund its acquisition of a 51% interest in the Diona Project in Queensland and the drilling of the Diona-1 well, aiming to resume ASX trading.

HyTerra Limited expands its Nemaha Project drilling program by adding a third well, McCoy 1, marking a shift to data-driven site selection. Early gas logs from Blythe 13-20 suggest promising hydrogen and helium presence, pending lab confirmation.

Strike Energy unveils a strategic pivot focusing on gas-fired power and upstream gas projects to underpin Western Australia’s energy transition and deliver shareholder value.

Beetaloo Energy secures crucial consent from Traditional Owners for the sale of appraisal gas at its EP187 project, marking a key step forward in its Northern Territory operations.

Delorean Corporation stands to benefit significantly from recent Australian regulatory reforms that formally recognise biomethane as a natural gas equivalent, enhancing the commercial viability of its renewable gas projects.

Meridian Energy has won shareholder approval to acquire NZ Windfarms, paving the way for a landmark repowering of the Te Rere Hau wind farm that could multiply renewable output sevenfold.

Sparc Technologies has unveiled its first-of-its-kind photocatalytic water splitting pilot plant at the University of Adelaide, marking a key milestone in green hydrogen innovation. Commissioning is set to begin in July 2025, aiming to demonstrate a low-cost, modular alternative to traditional electrolysis.

Pilot Energy has completed the first stage of acquiring full ownership of the Cliff Head Oil Joint Venture assets, positioning itself to advance a pioneering carbon capture and storage project with new international partners.

Triangle Energy has signed binding agreements to sell its onshore Cliff Head assets to Pilot Energy, marking a strategic shift to focus on oil and gas exploration in the Perth Basin.