Latest Energy Sector News

HyTerra Limited has appointed Riley Kemp as its new CEO, aiming to accelerate growth and strengthen its position in the emerging geologic hydrogen sector.

Finder Energy has completed its farmout agreement with Serica Energy, acquiring a 20% interest in the Seaward Production Licence P2530 and continuing as operator during Phase B. The company is now conducting feasibility studies to determine whether to advance to Phase C or discontinue the licence.

Vintage Energy has signed a formal agreement to acquire Metgasco's 25% interest in the Southern Flank joint ventures for $5.9 million, advancing its strategic position in key gas assets.

White Energy Company Limited has successfully closed a 5 for 12 entitlement offer, raising approximately $3.5 million before costs, with underwriter Morgans Corporate Limited covering the shortfall.

Amplitude Energy has addressed an ASX query regarding the delayed filing of a director’s interest change, attributing it to an administrative oversight while affirming its compliance framework.

Elixir Energy Limited has responded to ASX concerns over a delayed director interest disclosure, attributing the lapse to administrative changes and reaffirming its compliance protocols.

Triangle Energy has launched legal proceedings against Echelon Energy's subsidiary over a $3.84 million cost dispute tied to a farm-in agreement in the Perth Basin. The move follows failed negotiations after Echelon's withdrawal from drilling obligations.

Ampol Limited has launched a A$500 million delayed-draw subordinated notes facility, designed to fund its proposed acquisition of EG Australia and refinance existing debt, offering long-term capital with flexible issuance options.

Australian Oil Company Limited has signed binding agreements to acquire strategic oil and gas assets in Queensland's Surat Basin, positioning itself for production growth and exploration opportunities.

Pilot Energy has sold its option to lease a solar development site to Strike Energy, a move prompted by recent government policy changes excluding blue hydrogen from key tax incentives.

Frontier Energy has raised $11.5 million through a share placement to advance the Stage One development of its Waroona Renewable Energy Project, underpinning key financing milestones.

Carnegie Clean Energy’s Spanish subsidiary has received a significant pre-financing payment from the European Commission to advance innovations in wave energy technology through the COIN Project.