Latest Energy News

Yugo Metals Limited progresses its Petrovo exploration project amid promising historical drill results, completing a $0.4 million placement and announcing key board changes.

Beach Energy reported a 9% rise in FY25 production to 19.7 million barrels of oil equivalent and a 13% increase in sales revenue to $2 billion, driven by strong basin performances and the Waitsia LNG project. However, a significant $674 million impairment charge due to lower commodity prices and reserves revision at Beharra Springs tempers the upbeat results.

Jade Gas Holdings has activated its inaugural gas production wells at Mongolia’s Red Lake field, marking a pivotal step toward commercial coal bed methane output. The company also secured a A$3.6 million loan and is exploring a dual listing on the Hong Kong Stock Exchange to accelerate growth.

Sprintex has advanced a promising trial with a major Dutch agribusiness, potentially unlocking €4.8 million in sales, while also securing a significant private-label contract in China’s booming aquaculture sector.

Black Rock Mining advances its Mahenge Graphite Project with key power infrastructure agreements, a $25 million funding increase, and benefits from new US tariffs on Chinese graphite imports.

MAC Copper Limited shareholders will vote on a court-sanctioned scheme of arrangement proposing Harmony Gold’s acquisition at a 32% premium. The transaction, valued at over $1 billion, requires shareholder and regulatory approvals before completion.

Finder Energy has fast-tracked its Kuda Tasi and Jahal (KTJ) oil field development in Timor-Leste through a strategic alliance with SLB, advancing key engineering design by 12 months and targeting a final investment decision in 2026. The company also strengthened its financial position with a $6 million placement, supporting ongoing exploration and development activities across its diverse portfolio.

Pancontinental Energy has upgraded its Saturn Complex prospective oil resources to 4 billion barrels net, supported by new basin modelling and seismic studies. The company is advancing environmental assessments and farmout discussions amid encouraging regional exploration activity.

Basin Energy advances exploration with high-grade uranium and polymetallic mineralisation in North Sweden and expands its footprint in Canada’s Athabasca Basin. New assays and strategic partnerships set the stage for next-phase growth.

HyTerra Ltd reports breakthrough drilling results with hydrogen concentrations up to 96% and helium up to 5% at its Nemaha Project in Kansas, prompting a strategic expansion of its exploration program.

Wildcat Resources reports robust final metallurgical assay results from its Tabba Tabba project, revealing significant lithium mineralisation that could enhance project economics and resource confidence.

BauMart Holdings reports progress in AI-enhanced international recruitment, sustainable building materials development, and expansion into off-grid energy solutions, alongside a partial rights issue raising $180,000.