Latest Energy Companies News

Renergen Limited is poised to be acquired by US-based ASP Isotopes Inc. in a deal that aims to create a powerhouse in critical helium and isotope supply chains. The merger promises expanded market access and strategic value across key industries.

Contact Energy Limited has announced a court-approved scheme to acquire Manawa Energy Limited, offering Manawa shareholders $1.12 cash plus 0.5830 new Contact shares per share, representing a significant premium. The merger aims to create a diversified renewable energy portfolio with substantial synergies and growth prospects.

Ampol Limited is divesting its retail electricity businesses in New Zealand and Australia to sharpen its focus on electric vehicle charging and renewable fuels, aiming for a leaner, more profitable energy future.

Karoon Energy has finalized the acquisition of the Baúna FPSO vessel, marking a pivotal shift from exploration to operational control that promises enhanced efficiency and potential asset longevity.

White Energy Company Limited has marked significant progress in its mining exploration and coal technology divisions during the March 2025 quarter, including achieving a key farm-in milestone and raising $3.7 million net from an entitlement offer.

X2M Connect reports a challenging quarter with a 64% revenue drop due to exiting low-margin hardware sales but boosts gross margin and expands its footprint with new contracts in the Middle East and South Korea alongside launching an AI platform for renewables.

Arizona Lithium advances its Prairie Project with a pioneering commercial development plan for lithium brine extraction, regulatory approvals, and a $1.3 million capital raise to fund initial production.

Pure Hydrogen Corporation has marked significant progress in its clean energy transition, delivering Australia's first hydrogen fuel cell garbage truck and securing multi-million dollar contracts with industry leaders TOLL Transport and Heidelberg Materials.

SRJ Technologies has landed a £695k (A$1.45m) contract to deliver advanced inspection and emissions monitoring services on North Sea assets for a global Oil & Gas Supermajor in 2025. This deal highlights SRJ’s growing leadership in emissions monitoring and its strategic push for long-term, high-value contracts.

Arizona Lithium has withdrawn its previous exploration plan for the Big Sandy Lithium Project, opting for a revised development approach with key stakeholder input, while accelerating construction at its Prairie Lithium Project in Canada.

Advent Energy, in which MEC Resources holds a significant stake, is pursuing a judicial review against the federal government's refusal to extend the PEP-11 offshore petroleum permit. This legal move could reshape the future of the project and its stakeholders.

AGL Energy Limited has announced a fully franked ordinary dividend of AUD 0.23 per share for the six months ending December 2024, payable on March 27, 2025.