Latest Energy News

Condor Energy has updated its corporate presentation revealing significant progress in Peru’s Tumbes Basin, highlighting a 1 trillion cubic feet gas discovery and a multi-billion barrel oil exploration portfolio. The company is moving towards converting its evaluation agreement into a full exploration licence while advancing commercial discussions for gas offtake.

Noronex Limited has completed the sale of its non-core Dordabis Copper Project in Namibia, receiving the final payment and strengthening its cash position to advance exploration in higher-priority uranium and copper assets.

Antares Metals has confirmed significant high-grade uranium mineralisation at its Queens Gift project in Queensland, setting the stage for a resource upgrade and expanded exploration across its Mt Isa North portfolio.

NuEnergy Gas Limited has completed four wells under its Tanjung Enim Early Gas Sales Initiative, secured a binding gas sales agreement, and raised $3.5 million to advance its Indonesian coal bed methane projects.

Lithium Energy Limited has reported promising initial assay results from its latest drilling program at the Burke-Mt Dromedary graphite deposits, revealing substantial high-grade graphite mineralisation that could expand and unify its resource base.

Lynas Rare Earths and Japan Australia Rare Earths B.V. have extended their supply agreement to 2038, securing firm commitments for critical rare earths with a pricing floor and upside sharing mechanism.

ADX Energy has secured a crucial extension on its loan note repayments, unlocking financial flexibility to advance multiple drilling and development projects across Austria and Italy.

IRIS Metals has secured a farm-in agreement to earn up to 100% ownership of the Finley Basin Tungsten Project in Montana, marking a strategic expansion into a critical mineral vital for defence and advanced manufacturing.

QPM Energy Limited has announced a substantial upgrade to its Moranbah Gas Project reserves and resources, now certified at over 1,000 petajoules, positioning the company as a key player in Queensland’s evolving gas and electricity markets.

Victory Metals Limited has reported a record-breaking rare earth oxide intersection of 11,565 ppm TREO at its North Stanmore project, reinforcing its status as a world-class heavy rare earth deposit. The December 2025 drilling program also advances resource confidence and metallurgical prospects, positioning the project as a key Western supplier of critical rare earths.

NH3 Clean Energy has received multiple engineering proposals for the Front End Engineering and Design (FEED) of its WAH2 clean ammonia project and commenced a detailed flora survey, marking significant progress toward its Final Investment Decision by year-end.

Energy Transition Minerals' legal battle over the Kvanefjeld rare earths project moves from arbitration to Greenlandic and Danish courts, following a tribunal ruling that imposes significant costs on ETM's subsidiary.