Latest Energy News

Condor Energy has unveiled a significant upgrade to its offshore Peru portfolio with the addition of the Raya West prospect, pushing the Greater Raya area’s prospective oil resources beyond 900 million barrels. This milestone enhances Condor’s position as a major player in the Tumbes Basin exploration landscape.

Western Yilgarn NL has announced a significant discovery of high-grade gallium and tellurium mineralisation at its Ida Holmes Junction Project in Western Australia, highlighting a potentially large and regionally extensive critical minerals system.

Lindian Resources has placed orders for critical long-lead plant equipment and accelerated construction at its Kangankunde Rare Earths Project, targeting first ore feed by November 2026.

Altamin Limited has obtained a retrospective Environmental Impact Assessment approval for its Gorno Project in Italy, strengthening its regulatory footing and supporting strategic options for development.

Gold Mountain Limited reports significant new rare earth oxide anomalies and a large gold target at its Down Under Project in Brazil, reinforcing its position in an emerging world-class rare earth province.

Nimy Resources has dispatched its first shipment of high-grade gallium mineralised test material from Western Australia to the United States, marking a key step in developing a secure Western supply chain for this critical mineral. The collaboration with M2i Global aims to identify optimal processing routes to support U.S. defence and semiconductor industries.

Anson Resources has intersected lithium-rich brines at the Mt Fuel-Skyline Geyser well in Utah, advancing plans to upgrade its JORC resource at the Green River Lithium Project.

Lotus Resources has completed a A$76 million placement to bolster its financial position as it accelerates uranium production at the Kayelekera Mine, aiming for steady state output and first shipments in Q2 2026.

Provaris Energy has successfully completed the first phase of engineering design for a pioneering large-scale liquefied CO₂ tank, advancing carbon capture storage solutions with Yinson Production.

Elixir Energy has reached 2,320 metres in the Lorelle-3 appraisal well and is preparing to drill the reservoir section targeting the Dunk member of the Tinowon Sandstone, with flow testing planned before mid-2026.

HMC Capital has forged a strategic partnership with global investor KKR, securing up to $603 million to expand its Energy Transition Platform focused on battery storage and wind projects. This deal aims to boost Australia’s renewable capacity while enhancing shareholder returns.

Berkeley Energia’s subsidiary has lodged a $1.25 billion arbitration claim against Spain, alleging treaty violations that have stalled its Salamanca uranium project. Despite the dispute, the company remains committed to dialogue and project development.