Latest Energy Sector News

Bhagwan Marine expects FY26 EBITDA between $44.5m and $46.5m, buoyed by Riverside Marine acquisition despite Middle East conflict causing project delays. The company highlights margin gains, disciplined costs, and rising recurring revenue as it advances integration and growth plans.

Noble Helium has locked in BoreXpert’s Schramm T130 XD rig for a two-well helium drilling campaign at North Rukwa, Tanzania, with options for two more wells pending initial results. The company aims to validate a promising western margin helium play and advance towards pilot production.

Strike Energy shakes up leadership with Shelley Robertson stepping in as CEO and a leaner board under new chair Nev Power, signaling a strategic pivot amid ongoing project development.

Pure Resources has launched an integrated Defence Materials Platform Strategy for its Garnet Hills Project, leveraging US government collaborations to diversify from commodity mining into advanced defence supply chains.

Energy Technologies Limited has secured nearly $2 million through a discounted share placement aimed at reducing debt and shoring up working capital amid ongoing financial restructuring.

Finder Energy has completed the first tranche of its $33 million capital raise, issuing 42 million shares at 50 cents each to institutional and professional investors. The company will seek shareholder approval in June for a second tranche involving 12 million more shares.

Boom Logistics has upgraded its FY26 earnings guidance, anticipating a 31% rise in statutory EPS, backed by $7 million in new contracts across energy and mining sectors.

Central Petroleum has terminated the sale of its Northern Territory subsalt permits and withdrawn from the EP112 joint venture, reallocating capital towards the Mt Kitty appraisal well and other projects.

Finder Energy has launched a $3 million Share Purchase Plan offering eligible shareholders in Australia and New Zealand the chance to buy shares at $0.50 each, a 15% discount to recent prices. The funds will accelerate engineering and procurement for the KTJ oil project.

Duratec has landed a $68 million subcontract to build and commission the Blast and Paint Facility at the Darwin Ship Lift, a strategic maritime infrastructure project supporting defence and commercial sectors.

Computershare Limited confirms its FY26 earnings per share guidance at 144 cents, a 6% rise on the prior year, while upgrading margin income expectations to around $740 million due to higher client balances.

SRJ Technologies has secured A$2.57 million in a placement to fund execution of its Middle East contracts valued at approximately US$23.3 million, with revenue expected from Q2 2026.