Latest Energy Market News

Mercury NZ Limited reported a 10% decline in earnings for FY2025 amid challenging generation conditions but is pressing ahead with significant renewable energy investments and raised dividends.

Triangle Energy and Athena Exploration have significantly upgraded gas resource estimates for the UK P2628 permit, positioning themselves among the top undeveloped gas holders in the region.

Contact Energy Limited has announced a total dividend of NZD 0.2529 per share for the six months ending June 2025, including an ordinary and supplementary dividend, with a Dividend Reinvestment Plan available.

Contact Energy Limited reported a robust FY25 with a 13% increase in underlying net profit, driven by geothermal expansion and strategic acquisition of Manawa Energy. The company’s renewable portfolio and risk management positioned it well amid challenging market conditions.

BPH Energy has responded to an ASX price query following unusual trading activity, confirming no undisclosed information exists and pointing to ongoing legal matters involving its investee Advent Energy as context.

Carnegie Clean Energy launches a $3 million Share Purchase Plan to fuel commercialisation of its wave and MoorPower technologies, capitalising on growing global momentum in ocean energy.

Origin Energy reported a solid FY25 with strong Energy Markets performance, robust LNG trading gains, and rapid customer growth at Octopus Energy, while declaring a fully franked 60 cent dividend for the year.

Origin Energy reported a rise in statutory and underlying profits for FY25, driven by strong LNG trading gains that balanced softer Energy Markets earnings. The company also increased its fully franked dividend and outlined a positive outlook for FY26.

Origin Energy reported a 6% rise in full-year profit to $1.48 billion, driven by LNG trading gains and operational resilience, while advancing key renewable projects and battery storage developments.

AGL Energy’s FY25 results show a strategic pivot with $900 million invested in battery projects despite a 9% EBITDA decline, setting the stage for a flexible energy future.

Conrad Asia Energy is set to commence a major 3D seismic survey in its Offshore North West Aceh PSC, aiming to refine and expand its substantial gas resource base ahead of planned drilling and commercialisation efforts.

SGH Ltd reported solid FY25 results with EBIT rising 8% to $1.54 billion, supported by strong performances in Boral and WesTrac, alongside a 49% surge in operating cash flow. The company projects continued earnings growth in FY26 amid disciplined capital management and operational improvements.