Latest Energy Projects News

Pilot Energy has completed the first stage of acquiring full ownership of the Cliff Head Oil Joint Venture assets, positioning itself to advance a pioneering carbon capture and storage project with new international partners.

Kelsian’s Hotard Coaches has won a $59 million contract to provide workforce transportation for the Venture Global LNG CP2 project in Louisiana, marking a significant expansion in its US operations.

MPower Group has struck a deal to sell nearly all its renewable energy assets to Wollemi Energy Group for about $19 million, unlocking significant shareholder value and setting the stage for a strategic reset.

Maas Group Holdings has reaffirmed its FY25 underlying EBITDA guidance between $215 million and $245 million, while expanding its Melbourne construction materials hub through key acquisitions in asphalt paving and recycling.

QEM Limited has raised A$2.05 million through a strongly supported placement to accelerate its Julia Creek Vanadium and Energy Project, coinciding with the retirement of founding CEO Gavin Loyden and the appointment of Robert Cooper as his successor.

M3 Mining Limited has abandoned its energy sector acquisition plans, selling its M3 Energy subsidiary to Jerboa Energy Ltd and recommitting to its core mineral exploration projects.

Simble Solutions Limited reported solid operational progress in 2024, expanding its customer base and partnerships across Australia and the UK while advancing into renewable energy development. The company’s strategic moves position it well for growth in the evolving energy and sustainability sector.

Pilot Energy has locked in a $1.8 million convertible note funding deal led by Discovery Investments, fueling its transition from oil production to carbon storage at the Cliff Head site. The funding hinges on upcoming shareholder approval and replaces a previously stalled arrangement.

Civmec Limited has reported a robust Q3 FY25 with a $285 million boost to its order book, now exceeding $760 million, while positioning itself for significant naval shipbuilding opportunities through strategic acquisitions and government-backed projects.

Civmec Limited reported a steady Q3 FY25 with revenue of A$158.5 million and a strengthened order book now exceeding A$760 million, positioning the company for future growth despite near-term project delays.

Carnegie Clean Energy has partnered with global industrial leader SKF to co-develop and manufacture the Power Take-Off system for its CETO wave energy technology, marking a key step in commercialising ocean energy in Europe.

Maas Group Holdings has reaffirmed its FY25 underlying EBITDA guidance of $215 million to $245 million, driven by recent acquisitions and growth in construction materials and renewable energy sectors.