Latest Energy News

ADX Energy is progressing its HOCH-1 shallow gas well in Upper Austria, targeting up to 17.3 BCF of prospective gas resources with drilling at 950 metres depth and plans for two more wells this year.

Australian Mines Limited has raised $3 million through a strategic placement led by Tribeca Investment Partners to fast-track its Flemington Scandium Project from scoping to pre-feasibility study, aiming to de-risk and advance permitting.

Botala Energy Ltd has denied holding undisclosed information following a sharp share price rise, linking the spike to a recent Serowe CBM Project announcement and confirming compliance with ASX disclosure rules.

Condor Energy secures A$2.25 million in a placement to advance licence conversion, gas commercialisation, and exploration drilling readiness in its offshore Peru portfolio.

American West Metals (ASX: AW1) has raised A$10 million through an oversubscribed institutional placement to fast-track exploration at its West Desert and Storm Copper projects, focusing on high-demand critical metals.

GR Production Services secures a five-year $57 million operations and maintenance contract at the Sturt Plateau Compression Facility in the Northern Territory's Beetaloo Basin, with potential extension for three more years.

Victory Metals finalises metallurgical testwork revealing major CAPEX and OPEX savings for its North Stanmore heavy rare earth project, with the PFS on track for Q2 2026.

Vanadium Resources raises about A$1 million through a placement to fund studies and site agreements for its Steelpoortdrift Vanadium Project and next-gen V-Iron Plant, aiming to supply Western critical mineral markets.

X2M Connect is accelerating its transition to a high-margin SaaS model while trimming debt and growing its footprint across Asia-Pacific and the Middle East.

Viva Energy is progressing repairs at its Geelong Refinery following a fire that disrupted key units, aiming to resume near-full production by June while maintaining fuel supply.

Weebit Nano has reached a crucial 2026 target as two customers tape-out chip designs incorporating its ReRAM technology, with one already showing a working prototype. This progress marks a significant step towards mass production and commercialisation of its advanced memory solutions.

Strickland Metals has laid out an ambitious 2026 drilling program at its Rogozna Project in Serbia, targeting resource expansion and Pre-Feasibility Study support, despite delays in government approvals for its Shanac license.