Latest Energy News

Lodestar Minerals has agreed to acquire a major heavy rare earth element project in Arizona, positioning itself near the US's only active rare earth mine amid tightening Chinese export controls. The $3.25 million placement backs immediate exploration plans.

TMK Energy has successfully drilled and commissioned its LF-07 pilot well, boosting gas production at its Gurvantes XXXV Coal Seam Gas project in Mongolia. The company also secured $3.5 million in oversubscribed funding and formed a strategic alliance to advance development plans.

Firebird Metals has appointed industry veteran Ron Mitchell as CEO, signaling a strategic push in lithium and manganese battery materials development. The leadership reshuffle also sees Evan Cranston become Executive Chairman, while Peter Allen transitions to a consulting role.

Xstate Resources has significantly upgraded its Prospective Resource estimate for the Diona Block in Queensland, revealing substantial Basin Centred Gas potential that could reshape the project’s outlook.

American West Metals has launched a targeted field program at its West Desert Project in Utah, focusing on resampling historical drill core for indium and gallium ahead of a new drilling campaign. The project already hosts the largest indium resource in the US with significant expansion potential.

Conrad Asia Energy has signed a significant gas sales agreement with Indonesia’s PLN subsidiary, underpinning the development of its Mako Gas Field and advancing exploration in Aceh. The company is progressing farm-down talks and preparing for a major seismic survey to unlock further gas resources.

Delorean Corporation has transitioned to the operations and maintenance phase at its $53 million Yarra Valley Water bioenergy facility, marking a key milestone in its renewable energy expansion.

TotalEnergies has lifted the force majeure on the $20 billion Mozambique LNG project, signaling a full restart after 4.5 years. RBR Group, uniquely positioned as the only ASX-listed company with direct exposure, stands to benefit from the surge in workforce and infrastructure demand.

Helios Energy has successfully completed its first oil sales following the restart of operations at its Presidio Oil Project in Texas, signaling a pivotal shift from exploration to production.

Red Sky Energy has officially begun drilling at its Killanoola-2 well in South Australia, marking a significant step in advancing its oil project with promising resource potential and commercial partnerships.

EnviroCopper has landed a $3.5 million strategic investment to accelerate feasibility studies on its innovative ISR copper projects in South Australia, enhancing Alligator Energy’s stake and spotlighting environmentally responsible mining.

Larvotto Resources has dismissed a non-binding acquisition offer from United States Antimony Corporation, reaffirming confidence in its undervalued shares and the promising Hillgrove Antimony-Gold Project set for production next year.