Latest Energy Resources News

Whitebark Energy has finalized a preliminary well design and rig market assessment for drilling the massive Rickerscote prospect in 2026, estimating costs at AU$7.7 million. The move positions the company at the forefront of Australia's emerging hydrogen, helium, and hydrocarbon sectors.

SRG Global has locked in $850 million worth of contracts spanning water, energy, resources, and more, reinforcing its position as a diversified infrastructure leader in Australia and New Zealand.

Paladin Energy has appointed Paul Hemburrow as its new CEO, effective September 2025, following a planned succession process. The move aims to sustain the company’s growth trajectory in the uranium sector.

Veris Limited has announced a significant turnaround in FY25 with an expected profit before tax of up to $2 million, reversing last year's loss, driven by strategic digital spatial initiatives and acquisition integration.

Prominence Energy has agreed to acquire a vast natural hydrogen and helium exploration portfolio on the Gawler Craton, backed by a $1.75 million capital raise and strategic board appointments.

Tamboran Resources has reported a record 30-day initial production flow rate from its Shenandoah South 2H sidetrack well in the Beetaloo Basin, aligning with prolific US shale benchmarks and setting the stage for commercial gas sales by mid-2026.

Strategic Energy Resources has commenced gravity and magnetotelluric surveys at its Canobie Project, with Fortescue funding all exploration costs under their joint venture. These surveys aim to refine drill targets for potential copper-gold discoveries later this year.

Peninsula Energy reports progress on its Lance Project’s Central Processing Plant and announces the termination of three sales contracts as part of a strategic reset plan, while engaging in funding discussions to support completion.

Vulcan Energy has received building permits for its 30MW geothermal renewable energy plant in Germany, advancing its goal of carbon-neutral lithium production for Europe’s battery industry.

Strategic Energy Resources has sold its South Cobar Project to Australian Gold & Copper for $400,000 cash plus a capped production royalty, maintaining exposure while funding new exploration.

Australian Gold and Copper Ltd expands its South Cobar Project by acquiring a key tenement, boosting its exploration footprint to 1,400km² and reinforcing its position in a promising mineral province.

Greenvale Energy has completed extensive airborne magnetic and radiometric surveys over its Northern Territory uranium projects, setting the stage for targeted exploration and drilling.