Latest Energy News

Everlast Minerals has officially received the demarcated Kurigram site from the Bangladesh Government, clearing the way for exploration on a 4,000-hectare mineral sands licence area.

Magnetite Mines Limited has announced a renounceable rights issue aiming to raise up to $3.92 million to fund exploration across its South Australian tenements and advance the Razorback Iron Ore Project, recently awarded Major Project Status.

Victory Metals has reported a breakthrough flotation test achieving a 48-fold upgrade in rare earth concentration at its North Stanmore project, setting the stage for a lower-cost, faster path to market.

Conrad Asia Energy has formally approved the Final Investment Decision for its Mako Gas Project in Indonesia, securing full funding and long-term sales contracts, with first gas expected in late 2027.

Omega Oil and Gas has locked in Helmerich & Payne’s FlexRig® 648 to power an expanded 2026/27 drilling campaign in Queensland’s Taroom Trough, aiming to unlock a vast unconventional oil and gas resource.

Brazilian Critical Minerals Ltd’s latest infill drilling results at the Ema rare earth element project reveal consistent, thick mineralisation across an 82 km² area, bolstering confidence ahead of a key resource update and feasibility study.

Verbrec Limited reports a strong first half of FY2026, with revenue climbing to $46.1 million and EBITDA more than doubling, driven by the strategic acquisition of Alliance Automation.

ABx Group’s maiden mixed rare earth carbonate from Tasmania’s Deep Leads resource has been confirmed radiologically safe by ANSTO, with a second, higher-grade sample expected soon. The development could open doors to key international customers and reduce regulatory complexities.

Metgasco has pushed back the deadline for Vintage Energy's commitment to acquire its 25% stake in the Odin and Vali Gas Fields, extending the timeline by a month while keeping the overall transaction completion date intact.

Metal Powder Works has partnered with CenterLine to develop Kirksite alloy powders for cold spray automotive tooling, targeting a USD 100-300 million market. This collaboration aims to enhance tooling repair speed and cost-efficiency in the automotive sector.

The ACCC has advanced its Phase 2 review of Ampol’s proposed acquisition of EG Australia, identifying fewer sites of competition concern but maintaining scrutiny over key metropolitan markets.

Lion Rock Minerals announces a leadership transition as CEO Casper Adson steps into a technical advisory role, with the Board seeking a new CEO to strengthen on-ground presence and accelerate exploration at the Minta Project in Cameroon.