Latest Energy Management News

Energy Action Limited reported a strong 20.1% revenue increase in the first half of FY26, driven by robust energy procurement activity, yet net profit after tax fell sharply due to higher amortisation and tax expenses.

Energy Action Limited reported a 20.1% increase in revenue to $6.39 million for the half-year ended December 2025, driven by strong energy procurement growth. However, statutory profit after tax fell 35.7% to $593,881 amid rising expenses and amortisation.

Basin Energy Limited reported a challenging cash flow quarter ending December 2025, offsetting operational outflows with financing inflows and strategic asset sales. The company remains confident in sustaining operations amid variable exploration costs.

Beach Energy’s Q2 FY26 report reveals a 9% production decline amid Otway Basin slowdowns, offset by flood recovery and the Waitsia Gas Plant ramp-up, with sales revenue down 17% to $445 million.

Hydrix Limited’s subsidiary has landed a significant A$2.5 million contract to develop SynCardia’s next-generation fully implantable Total Artificial Heart, marking a major step in advanced cardiovascular technology.

IPD Group Limited has agreed to acquire Platinum Cables Pty Ltd for $37.5 million upfront, enhancing its position in the mining sector and delivering an 11.5% accretion to FY25 earnings per share.

Energy Action Ltd reported a 17% revenue increase to $2.89 million in Q1 FY26, driven by strong contract renewals and new business wins, alongside strategic investments in AI-enhanced technology to expand emissions management services.

Simble Solutions reports new multi-year contracts in the UK and Australia, boosting revenue prospects, but faces a cash runway of less than one quarter and is exploring funding options.

Woodside Energy Group has sealed a strategic partnership with US infrastructure giant Williams, selling stakes in Louisiana LNG and Driftwood Pipeline for $378 million, accelerating the project’s path to first LNG in 2029.

Contact Energy's September 2025 report reveals a modest dip in sales volumes but improved netback prices and significantly lower generation costs, alongside robust hydro storage and advancing renewable projects.

Caravel Minerals has released its first comprehensive Sustainability Report for fiscal 2025, detailing ambitious ESG initiatives and a clear roadmap toward net-zero emissions for its Caravel Copper Project in Western Australia.

QEM Limited’s latest metallurgical tests have upended key assumptions of its 2024 Julia Creek Scoping Study, prompting a strategic review amid a tough vanadium market. The company now questions the viability of direct kerogen flotation for vanadium recovery and shifts focus to capital preservation and project reassessment.