Latest Energy News

Fortifai Limited has acquired an exclusive license to Nol8, a breakthrough real-time data processing technology developed by the Technion. This acquisition positions Fortifai to revolutionize data handling across gaming, AI, finance, and cybersecurity sectors.

Osmond Resources has reported strong assay results from its third drill hole at the Orión EU Critical Minerals Project, reinforcing the potential for a globally significant deposit of titanium, zirconium, and rare earth elements. The findings support ongoing development plans targeting EU supply chain needs.

Electro Optic Systems has inked a conditional US$80 million contract to supply a 100kW high energy laser weapon to a South Korean customer, marking its second major export order in this advanced defence technology.

Fortescue Ltd has announced a binding agreement to acquire the remaining 64% of Alta Copper, gaining full control of the Cañariaco Copper Project in Peru. The deal values Alta Copper at C$139 million and aligns with Fortescue’s expanding copper strategy.

Energy Resources of Australia has been granted a new rehabilitation authority to extend its environmental restoration work at the Ranger Project Area beyond January 2026.

Rio Tinto has completed due diligence on Calix’s Zesty Green Iron Demonstration Project, unlocking an initial $3 million investment and moving the venture closer to commercial reality.

Finder Energy has completed the acquisition of the Petrojarl I FPSO, gaining full control of vital infrastructure for the Kuda Tasi and Jahal project and setting the stage for a Final Investment Decision by mid-2026.

Finder Energy has completed its farmout agreement with Serica Energy, acquiring a 20% interest in the Seaward Production Licence P2530 and continuing as operator during Phase B. The company is now conducting feasibility studies to determine whether to advance to Phase C or discontinue the licence.

Global Uranium and Enrichment Limited has reported robust drilling outcomes from its Pine Ridge Uranium Project in Wyoming, reinforcing its potential as a significant in-situ recovery uranium resource in a key US basin.

Dreadnought Resources reports an initial inferred resource of 1.17 million tonnes at the Orion deposit within its Tarraji-Yampi project, highlighting significant copper, gold, silver, and cobalt grades in a strategically important region of Western Australia.

Vintage Energy has signed a formal agreement to acquire Metgasco's 25% interest in the Southern Flank joint ventures for $5.9 million, advancing its strategic position in key gas assets.

Korab Resources reports significant gold and base metals exploration progress at its Rum Jungle Project, alongside innovative mining method evaluations and ongoing legal challenges to key lease renewals.