Latest Energy Sector News

Carnarvon Energy is set to invest up to A$88 million in Strike Energy through a two-tranche equity placement, positioning itself as Strike’s largest shareholder. This strategic move aims to accelerate development of Strike’s key Perth Basin assets, with production milestones targeted by 2026.

88 Energy Limited reports significant progress on its Alaskan projects with a robust prospective resource base and advancing farm-out deals, while securing a key license extension in Namibia and negotiating asset divestment in Texas.

Genesis Energy reported a robust FY25 Q4, marking strategic milestones including a non-binding agreement to extend Rankine unit operations to 2035 and the start of Huntly BESS construction, while expanding customer flexibility programs.

Larvotto Resources has successfully raised US$105 million through a senior secured bond to fund the restart of its Hillgrove Gold-Antimony Project in New South Wales, targeting mining operations by mid-2026.

RBR Group stands uniquely positioned as the only ASX-listed company directly linked to Mozambique’s LNG megaprojects, gearing up for a sector revival and broader African growth.

Helios Energy is making tangible progress restarting production at its Presidio Oil Project in Texas, while strategically enhancing its US-based technical leadership to support future growth.

Eureka Group Holdings has acquired Emerald Tourist Park in Queensland, marking its sixth acquisition since a major capital raise and reinforcing its strategy in affordable rental accommodation.

Vintage Energy has addressed an ASX compliance issue related to the timing of its May 2025 securities issuance, confirming reliance on its placement capacities to maintain regulatory adherence.

Ionic Rare Earths’ Brazilian joint venture Viridion has secured land and government backing to build South America’s inaugural rare earth refining and recycling centre, aiming to start operations by late 2026.

Energy One Limited announces CEO Shaun Ankers will retire at the end of 2026, initiating an international search for his successor to sustain the company’s growth momentum.

Catalina Resources has strengthened its cash position through a strategic asset sale and is progressing drilling programs targeting gold and rare earth elements in Western Australia.

Hazer Group has successfully raised $10.7 million through a combination of a share placement and a share purchase plan, positioning the company to advance its innovative clean hydrogen and graphite production technology.