Latest Energy News

Genesis Energy has reported a robust second-quarter performance for FY26, underpinned by strong hydro generation and record-low thermal output, prompting an upward revision of its full-year earnings guidance. The company’s strategic focus on portfolio flexibility and renewable projects continues to drive margin quality and operational progress.

Amplitude Energy has reported record quarterly production and revenue for Q2 FY26, alongside a dramatic reduction in net debt and the commencement of drilling for its East Coast Supply Project.

European Metals Holdings has raised A$3.46 million through a discounted placement to fund the next phase of its Cinovec Lithium Project, a key European battery-grade lithium source. The company is advancing project financing and strategic partnerships following a positive Definitive Feasibility Study.

DevEx Resources has fortified its leadership and expanded its uranium footprint in the Northern Territory through key tenement acquisitions, backed by a $39 million capital raise. The company also advances rare earths metallurgy and prepares for an extensive 2026 drilling campaign.

Morella Corporation has initiated Federal Court proceedings against former receivers over disputed proceeds from a 2020 asset sale, aiming to recover value for shareholders without disrupting current operations.

Beach Energy’s Q2 FY26 report reveals a 9% production decline amid Otway Basin slowdowns, offset by flood recovery and the Waitsia Gas Plant ramp-up, with sales revenue down 17% to $445 million.

European Lithium has sold 5 million shares in Critical Metals Corp for about A$124 million, significantly increasing its cash reserves while retaining a substantial investment valued at over A$1.2 billion.

Terra Critical Minerals has amended its option agreement with ATHA Energy Corp to fast-track uranium exploration at the Pasfield Lake Project, increasing expenditure and drilling commitments in response to rising uranium prices.

The ACCC has referred Ampol’s acquisition of EG Australia to a detailed Phase 2 review, citing concerns that the deal could significantly reduce competition in key Australian fuel markets.

EV Resources has secured $600,000 from the sale of its Khartoum Project, redirecting funds to kickstart a maiden drilling campaign at its Los Lirios Antimony Project in Mexico, aiming to define a JORC resource by Q3 2026.

Noronex Limited has accelerated its drilling programs across key Kalahari Copper Belt projects, secured a strategic placement, and agreed to sell its Witvlei asset, positioning itself for uranium exploration in Namibia.

Paladin Energy reports a strong production ramp-up at its Langer Heinrich Mine and confirms robust progress on the Patterson Lake South project, supported by a strengthened balance sheet and a positive uranium market outlook.