Latest Oil Gas 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.

Metgasco has pushed back the deadline for Vintage Energy's commitment to acquire its 25% stake in the Odin and Vali Gas Fields to 28 February 2026, with Vintage assuming additional cash call obligations as part of an interest-free loan arrangement.

Metgasco shareholders have approved the sale of their 25% stake in the Southern Flank joint ventures to Vintage Energy, marking a key milestone in Vintage’s strategic expansion. The deal still awaits final conditions before completion.

Metgasco has pushed back the deadline for Vintage Energy’s commitment to acquire its stake in the Odin and Vali Gas Fields, extending the timeline while keeping the overall transaction completion date intact.

Woodside Energy Group announces the resignation of CEO Meg O’Neill, who will lead bp p.l.c., with Liz Westcott appointed Acting CEO as the company begins a formal succession process.

Amplitude Energy has addressed an ASX query regarding the delayed filing of a director’s interest change, attributing it to an administrative oversight while affirming its compliance framework.

Greenvale Energy Ltd has had its trading suspension lifted immediately following the release of a capital raise announcement, signaling renewed market activity for the energy company.

Trading in Australian Oil Company Limited shares has resumed following the lifting of a suspension tied to a recent capital raising announcement.

Central Petroleum has secured a new 1.3 petajoule gas supply agreement with McArthur River Mining, enhancing cash flow certainty through fixed pricing and take-or-pay terms.

Echelon Resources has inked a significant gas supply agreement with McArthur River Mining, locking in 2.1 petajoules of firm gas plus additional volumes for 2026 and 2027. This deal underscores Echelon’s growing role in powering key Northern Territory industries.

Emu NL has appointed Ian Davies, a seasoned energy sector leader, as a Non-Executive Director, signaling potential strategic momentum for the company.