Latest Energy Sector News

Kinetiko Energy has secured a crucial two-year renewal of its South African exploration rights, advancing its pilot production and development plans amid promising drilling results.

Lithium Universe Limited has successfully demonstrated its innovative JESE technology, achieving over 95% silver recovery from solar panels in under 30 minutes while preserving silicon wafers and reducing environmental impact.

Lion Energy has agreed to sell its minority interest in the Seram Non-Bula PSC for US$1.2 million, refocusing its efforts on the higher-potential East Seram PSC exploration program.

Woodside Energy Group has updated its dividend announcement, revealing the exchange rates and currency conversion methods for its upcoming fully franked dividend payment. Shareholders can expect payments in multiple currencies based on their location, with options to elect alternative currencies by early September.

Intelligent Monitoring Group has completed its $4.5 million acquisition of Western Advance, bolstering its presence in Western Australia's oil and gas security sector.

Carnegie Clean Energy is closing its Share Purchase Plan on 8 September, offering shareholders a discounted entry to fund key ocean energy projects. The capital raise aims to accelerate development in Europe, the US, and Australia.

Black Rock Mining has locked in A$10 million through a two-tranche placement to institutional and sophisticated investors, with a Share Purchase Plan to follow, aiming to accelerate early construction at its Mahenge Graphite Project.

DUG Technology has secured a multi-year contract with PETRONAS Digital to provide advanced cloud computing and geoscientific software services, marking a significant step in its global energy sector expansion.

First Graphene Limited reveals significant progress in commercialising its PureGRAPH graphene technology, highlighting expanding global partnerships and a robust sales pipeline valued over A$10 million.

Verbrec Limited has reported its strongest financial performance in over a decade, with record gross margins and a return to profitability, alongside the reinstatement of dividends. The company is positioning itself for growth in sustainable energy sectors amid a cautious but optimistic outlook for FY2026.

Prospech Limited has announced a 2-for-7 renounceable rights issue to raise up to $1.6 million, featuring attaching options exercisable at 4 cents. Directors are backing the raise, which will fund rare earth metallurgical work and exploration in Finland and Slovakia.

Locality Planning Energy Holdings reports a 79% rise in group profit excluding impairment, signaling a pivotal transformation as it outlines ambitious FY2026 growth plans.