Latest Energy News

AXP Energy reports encouraging oil and gas shows in its first Oklahoma well, Charlie #1, signaling potential for expanded production and gas-to-power operations.

Terra Metals has intersected a 58-metre thick titano-magnetite reef at its Southwest Prospect, marking the thickest reef found to date within the Dante Project and significantly expanding its resource potential.

Lakes Blue Energy reports strong gas shows at its Wombat-5 well in Victoria’s Gippsland Basin, reinforcing hopes for a commercially viable gas development.

Omega Oil and Gas has raised A$46 million through a strongly oversubscribed institutional placement, positioning the company to advance its Canyon Project and expand its footprint in Queensland’s Taroom Trough. The capital injection will fund a 2026 drilling program and strategic partnerships amid looming east coast gas supply shortfalls.

Altamin Limited has announced a $6.46 million capital raising via a pro rata entitlement offer to fund development of its lithium-potash Lazio Project and zinc-lead Gorno Project in Italy. The majority shareholder Victor Smorgon Group has committed strongly, underpinning the raise.

RooLife Group has secured a $64 million two-year supply agreement to distribute its branded coffee and food products in China, reinforcing its expansion strategy in the fast-growing market.

Enegex Limited has voluntarily suspended trading on the ASX as it prepares to announce a significant acquisition and capital raising, heightening market anticipation.

Magnum Mining & Exploration is moving forward with plans to establish a modular processing hub for critical minerals in Nevada, targeting antimony and rare earth elements to support U.S. supply chains.

The Environmental Group's subsidiary EGL Baltec has landed a $9.3 million contract to supply critical gas turbine exhaust systems for an 800MW power plant in the Dominican Republic, reinforcing its role in renewable energy support.

Resolution Minerals has begun a large-scale stream sediment sampling program at its Horse Heaven project in Idaho, aiming to uncover new critical mineral targets and validate geological links with Perpetua Resources’ adjacent Stibnite Gold Project.

Kingsland Minerals’ scoping study confirms the Leliyn Graphite Project in the Northern Territory as a low-cost, globally competitive graphite producer with strong financial metrics and growth potential.

X2M Connect has secured a significant contract to digitise water meters for 6,750 Seoul households, marking a key step in the city's ambitious A$240 million smart metering initiative.