Latest Energy Market News

DUG Technology's US subsidiary is heading to trial over a disputed $2.4 million supplier invoice, with a counterclaim of $3.1 million adding complexity to the Texas court battle.

Ionic Rare Earths’ Brazilian joint venture, Viridion, has advanced to the next phase of securing a substantial US$900 million funding package from Brazilian government agencies to develop rare earth refining and recycling facilities.

Fitzroy River Corporation reported steady royalty income for the March 2025 quarter despite operational suspensions at Buru and ongoing geopolitical risks impacting commodity markets. Key project updates include Bowdens Silver’s development application progress and Federation Mining’s Snowy River feasibility study.

Carnarvon Energy has committed up to A$89 million to acquire a near 20% stake in Strike Energy, marking a strategic pivot towards Western Australia’s burgeoning gas market while maintaining strong liquidity and advancing exploration plans.

Koba Resources has issued over 11 million new shares and attached options to fund exploration at its Yarramba Uranium Project, signaling renewed momentum in its uranium ambitions.

SRJ Technologies has taken a strategic leap by acquiring a UAE entity registered with a regional National Oil Company, positioning itself for direct contracting in the Middle East energy sector. This move is supported by a recent capital raise and ongoing restructuring to sharpen its regional focus.

Woodside Energy reported a 2% rise in quarterly production and lowered unit costs, while the Louisiana LNG Project’s final investment decision and a major Stonepeak partnership unlock significant future value.

Ampol Limited reports a solid first half of 2025 with earnings growth in Convenience Retail and New Zealand segments, while refinery margins show signs of recovery in the second quarter.

3D Energi is gearing up to drill up to six exploration wells in the offshore Otway Basin, targeting a massive 9.2 trillion cubic feet of prospective gas resources. The entry of Korea National Oil Corporation into the joint venture adds strategic weight to this pivotal East Coast energy project.

Power Minerals Limited has raised A$2.6 million through a share placement to fund critical due diligence and fieldwork at its Santa Anna Niobium and Rare Earth Elements project in Brazil.

Yancoal Australia is set to increase its ownership in the Moolarben Joint Venture from 95% to 98.75% through a $110.5 million acquisition, combining upfront and deferred payments linked to coal prices.

Mercury reports an 11% drop in FY25 total generation, with hydro output hitting its fourth lowest level since 1980. Yet, advances from the Karāpiro Hydro Rehabilitation and AI-driven Digital River platform lift hydro generation forecasts for FY26 and beyond.