Latest Energy Infrastructure News

Tamboran Resources and Daly Waters Energy have initiated initial gas sales from the Beetaloo Basin, marking the first delivery of local gas to the Northern Territory market. The company aims to ramp up to contracted volumes of 40 terajoules per day by early 2027 under a long-term agreement.

AXP Energy has launched gas-to-power operations at its Oklahoma site with a 320 kW natural gas generator, enabling a promising initial oil flow test at the Charlie #1 well. A 10-day extended test aims to optimise production while balancing gas-powered electricity generation.

Tamboran Resources and its joint venture partner have begun gas commissioning at the Sturt Plateau Compression Facility, a critical step toward delivering natural gas to the Northern Territory market under a long-term contract.

1414 Degrees has acquired full ownership of the Aurora Energy Precinct, consolidating control to drive development of renewable energy infrastructure and a 1 GW AI data centre project.

Frontier Energy has executed all major fixed-price contracts for Stage One of its Waroona Renewable Energy Project, securing tier-one suppliers and unconditional grid connection to de-risk delivery of its 132MW solar and 81.5MW battery facility.

Verbrec Limited accelerated its growth trajectory in FY2026, driven by a strategic acquisition and divestment, delivering a 52% revenue increase and a near tripling of net profit.

Channel Infrastructure NZ Limited reported a 47% rise in net profit for H1 2026, driven by expanded fuel storage capacity and upgraded EBITDA guidance, while declaring a 16% higher interim dividend.

Duratec Limited (ASX:DUR) reported a 4.1% rise in net profit after tax to $23.8 million for FY26 on stable revenue, underpinned by a record $650.8 million order book and multiple strategic acquisitions expanding its service portfolio.

Viva Energy posted a robust half-year profit of $452 million, powered by soaring refining margins and resilient retail and industrial sales, while managing a significant fire at its Geelong Refinery.

Verbrec has landed $16 million in new contracts spanning engineering, construction, and cyber security services for gas infrastructure, reinforcing its role in Australia's energy security amid looming supply challenges.

Galilee Energy has broadened its Zydeco Oil & Gas Project sidetrack to evaluate seven distinct hydrocarbon targets from a single wellbore in Louisiana, adding five new shallow oil prospects with a combined unrisked gross prospective resource of up to 423,000 barrels.

Monadelphous Group Limited delivered a standout FY2026 with revenue climbing 31.5% to $2.98 billion and net profit after tax soaring 52.1% to $127.3 million, underpinned by robust contract wins and strategic acquisitions.