Latest Energy News

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PMET Resources has identified a promising pathway to refine spodumene concentrate into battery-grade lithium carbonate directly at its Shaakichiuwaanaan site in Quebec, using Primero’s ALi® atmospheric leach process. Bench-scale tests produced 99.8% pure lithium carbonate, suggesting potential logistics and carbon footprint advantages.
Maxwell Dee
Maxwell Dee
15 June 2026
AXP Energy has struck a farm-in deal to earn a 25% interest in Block 9, a prolific onshore Syrian oil and gas contract with substantial historical prospective resources, positioning the company amid a reopening Middle East energy market.
Maxwell Dee
Maxwell Dee
15 June 2026
Aussie Broadband has finalized its takeover of AGL Telco, adding 350,000 connections and setting the stage for significant earnings growth. The company is also progressing key customer migrations and upgrading its growth ambitions toward 1.3 million NBN connections.
Sophie Babbage
Sophie Babbage
15 June 2026
EPX Limited has locked in a $3 million senior secured revolving loan note facility with Partners for Growth, providing capital to seize new revenue opportunities and support working capital over the next three years.
Sophie Babbage
Sophie Babbage
15 June 2026
Enova Mining has unveiled significant rare earth element mineralisation at its new Curioso Prospect within the East Salinas Project in Brazil, with auger drilling revealing high-grade, surface-level saprolite-hosted REE mineralisation.
Maxwell Dee
Maxwell Dee
15 June 2026
Elixir Energy has successfully completed a key pressure test on its Lorelle-3H well in Queensland’s Taroom Trough, confirming reservoir conditions and increasing planned stimulation stages from 11 to 12. Stimulation operations are set to start imminently, aiming to prove commercial gas and condensate flow.
Maxwell Dee
Maxwell Dee
15 June 2026
Galilee Energy has begun site preparation for its Zydeco-1 well in Louisiana, on track for a July 2026 spud targeting up to 8 billion cubic feet of gas and 0.5 million barrels of condensate.
Maxwell Dee
Maxwell Dee
15 June 2026
Evolution Energy Minerals (ASX:EV1) is set to launch its maiden drilling campaign at Tanzania's Chikundo Copper Project, targeting multiple high-confidence copper anomalies defined by recent soil sampling and historical data.
Maxwell Dee
Maxwell Dee
15 June 2026
Meridian Energy's May 2026 report reveals robust hydro storage reaching 125% of historical average by early June, despite a record dry month. Retail sales volumes jumped 7.8% year-on-year, while average generation prices plunged over 60%.
Maxwell Dee
Maxwell Dee
15 June 2026
Horizon Oil has lifted all but one condition from its off-market bid for Cue Energy, maintaining a controlling 52.46% stake while the final hurdle over prescribed occurrences remains unresolved.
Maxwell Dee
Maxwell Dee
12 June 2026
Electro Optic Systems (ASX:EOS) has dramatically expanded its Share Purchase Plan from $25 million to $40 million after receiving $95 million in applications, reflecting robust support from retail investors. Approximately 5 million new shares will be issued at $8.00 each, matching recent institutional pricing.
Sophie Babbage
Sophie Babbage
12 June 2026
Woodside Energy has exercised its pre-emption right to acquire PetroChina's 10.67% interest in the Browse Joint Venture, increasing its stake to 41.27%. The deal includes a $225 million upfront payment and a $175 million contingent payment tied to a final investment decision by 2032.
Maxwell Dee
Maxwell Dee
12 June 2026