Latest Energy Sector News

Verbrec Limited is streamlining its business by selling its Competency Training division for $11.5 million and acquiring Alliance Automation for $5.5 million, significantly boosting its digital and automation capabilities.

Melbana Energy’s latest drilling at Amistad-2 in Cuba reveals excellent reservoir quality but disappointingly no oil production, prompting a strategic pivot in exploration plans.

KALiNA Power’s Canadian arm has completed a CAD$18 million transfer of allocated megawatts to Greenlight and its global data centre client, marking a significant milestone in its Alberta power projects.

Greenvale Energy Ltd has voluntarily suspended its shares on the ASX to finalize a capital raising, with trading expected to resume following an imminent announcement.

StepChange Holdings has officially entered the US market by establishing a Houston hub and securing an initial project with Woodside Energy, marking a significant step in its international growth strategy.

Metal Powder Works has secured a follow-on contract with Westinghouse Electric Company to refine metal powders for nuclear additive manufacturing, reinforcing its foothold in a rapidly growing sector.

Battery Age Minerals has successfully raised A$5.5 million to accelerate drilling and exploration across three continents, targeting strategic metals vital for future technologies.

Galilee Energy has appointed industry veteran Joseph Graham as its new CEO, signaling a strategic push to strengthen operational leadership and advance its Queensland gas assets. This leadership change coincides with Executive Chairman Ray Shorrocks stepping back to a non-executive role.

Tivan Limited and Sumitomo Corporation have signed a Memorandum of Understanding to explore collaboration on the Molyhil Tungsten-Molybdenum Project in Australia's Northern Territory, marking their third joint initiative in critical minerals development.

BDO South Africa has completed its review of Renergen Limited’s interim financial statements, confirming compliance but highlighting significant uncertainties over the company’s future viability.

NuEnergy Gas Limited has completed drilling three wells and commenced initial gas sales at its Tanjung Enim PSC in Indonesia, marking a key step toward full-scale production. Regulatory approvals and commercial agreements are advancing, positioning the company for growth in the unconventional gas sector.

Xstate Resources has successfully re-listed on the ASX and drilled the Diona-1 well in Queensland, revealing a significant overpressured gas column that could accelerate gas sales by mid-2026.