Latest Energy Sector News

Contact Energy is set for a leadership shift as Chair Rob McDonald retires after eight transformative years, handing the reins to director Jon Macdonald, whose governance experience promises continuity amid ongoing renewable expansion.

Environmental Clean Technologies (ASX: ECT) has advanced its PFAS remediation technology with a scalable high-voltage system achieving 1,000°C without additives, expanded its Flash Joule Heating licence to water treatment adsorbents, and formed an expert Advisory Board to accelerate commercialisation.

Top End Energy is progressing farm-out talks in the Beetaloo Basin amid growing industry validation, while its Kansas hydrogen project attracts new partners and it broadens into US AI data centre energy solutions.

Bass Oil’s March quarter saw a 13% production dip due to Cooper Basin rains but secured key gas field acquisitions, a $3.5 million grant, and completed a $3 million capital raise.

Noble Helium has secured $12 million in a two-tranche placement to advance its North Rukwa helium project in Tanzania, positioning itself as a key player amid a global helium supply disruption caused by Middle East conflicts.

Carnarvon Energy is gearing up for a high-impact Bedout Sub-basin drilling campaign in the first half of 2027, supported by a robust balance sheet and strategic investments.

Stonehorse Energy Limited reported steady operational and financial performance for Q1 2026, driven by successful drilling in Canada and solid oil and gas production across its North American portfolio.

Barramundi Limited’s portfolio took a heavy hit in Q1 2026, with a 15.4% adjusted NAV decline amid AI disruption anxieties and geopolitical tensions. The fund responded by trimming tech holdings and adding miners BHP and Rio Tinto, betting on copper demand and scale advantages.

AdNeo (ASX:AD1) delivered its first positive operating cash flow quarter since its 2025 transformation, driven by strong revenue growth across all divisions and a growing $8m tender pipeline. The company advances its AI-first strategy while managing costs and acquisitions.

GenusPlus has landed a $110 million turnkey contract to engineer, build, and commission the Koolunga Battery Energy Storage System in South Australia, marking a major milestone in its clean energy infrastructure push.

Ampol has increased its divestment offer to the ACCC by four additional sites, raising the total to 41 as it pushes to satisfy competition concerns in its EG Australia acquisition. The move aims to secure regulatory clearance ahead of a mid-2026 transaction close.

Coronado Global Resources (ASX: CRN) will hold its 2026 Annual General Meeting virtually on June 4, 2026, following a challenging 2025 marked by a $432 million net loss amid weak metallurgical coal prices and logistical constraints. The company reported operational improvements and liquidity support from Stanwell, while navigating leadership changes and ongoing risks.