Latest Energy Security News

Pure Hydrogen Corporation Limited is set to unlock value by spinning out its Australian gas assets into Eastern Gas Limited, offering shareholders free shares in the new entity. The move positions Eastern Gas to capitalize on strong East Coast gas market demand with an anticipated $8–10 million IPO.

Lion Energy Limited reports significant progress in its green hydrogen project at Port of Brisbane and confirms major oil and gas prospects in Indonesia, setting the stage for future drilling and commercial development.

Core Energy Minerals has raised $3.7 million through a two-tranche share placement, attracting a significant investment from Jose Luis Manzano. The funds will underpin exploration efforts across South Australia, Brazil, and Namibia, positioning the company for growth in tier-one uranium jurisdictions.

3D Energi Limited is progressing rapidly towards its 2025 Otway Exploration Drilling Program, with key preparations underway and regulatory approvals advancing, positioning the company to potentially capitalise on East Coast Australia's critical gas supply shortage.

Viva Energy delivered a slight increase in sales volumes for 4Q2024 and a record Commercial & Industrial segment performance, despite a disruptive refinery outage and challenging retail conditions. The company also secured key approvals for its Liberty Convenience acquisition, aiming for completion by March 2025.

Galilee Energy reports a $1.9 million R&D tax refund and terminates its merger with Vintage Energy, while maintaining steady progress at its Glenaras Gas Project and a robust cash position of $4.38 million.

Condor Energy Ltd has raised A$3 million through a well-supported placement to advance its exploration and commercialisation efforts in the Tumbes Basin offshore Peru, focusing on the promising Piedra Redonda gas discovery.

Contact Energy has secured a pivotal gas supply contract with OMV for the Pohokura field, ensuring fuel for its gas peaking units through 2032 despite soaring gas prices and operational costs.

ADX Energy has accepted the award of a significant gas exploration permit offshore Italy’s Sicily Channel, positioning itself to tap into a highly prospective area with proven gas presence and favorable fiscal terms.

Battery Age Minerals has verified the presence of Germanium-76 in concentrate from Austria’s historic Bleiberg mine, positioning the project as a strategic supplier for semiconductor materials amid tightening global supply.

88 Energy Limited reports solid progress in its Alaskan oil projects with key joint venture partner Burgundy reaffirming commitment, alongside strategic acreage expansion and operational cost reductions.

Lithium Energy Limited has received a US$6 million second deposit from CNGR Netherlands, marking a key milestone in the US$63 million sale of its Solaroz Lithium Brine Project. Shareholder approval has made the amended sale agreement unconditional, setting the stage for phased completion in 2025 and 2026.