Latest Energy News

Worley has received the Full Notice to Proceed from Venture Global for Phase 2 of the CP2 LNG export project in Louisiana, marking a significant milestone following Venture Global’s Final Investment Decision.

TMK Energy has raised $6 million in a heavily oversubscribed placement led by coal seam gas experts, aiming to accelerate drilling and commercialisation at its Gurvantes XXXV project.

Lightning Minerals has appointed Troy Brice as CEO, bringing seasoned leadership to spearhead the next phase of exploration at its Mt Turner Gold Project.

EV Resources has restructured its Tecomatlán plant acquisition to fast-track antimony production with a low-risk, milestone-based payment plan. Refurbishment is underway, supported by strong metallurgical results and a clear path to near-term output.

Finder Energy has confirmed the technical feasibility of repurposing the Petrojarl I FPSO vessel for its Kuda Tasi and Jahal oil fields, setting the stage for a final investment decision by mid-2026.

Magnum Mining and Exploration is set to launch a substantial 10,000-metre auger drilling program at its Piracanjuba prospect in Brazil, aiming to define a maiden resource for its promising ionic adsorption clay rare earth element deposit.

Boss Energy has released updated Mineral Resource Estimates for its Gould’s Dam and Jason’s Deposit uranium projects, revealing significant increases in contained uranium despite lower average grades. The company is advancing permitting and drilling plans to accelerate development near its Honeymoon Operation in South Australia.

Resouro Strategic Metals has appointed Simon Stilwell as Independent Non-Executive Chairman, with Christopher Eager stepping into the CEO role, marking a significant leadership reshuffle as the company advances its rare earths and titanium projects in Brazil.

Caspin Resources has successfully completed a $6 million placement and exercised options, bolstering its position in promising Australian mineral projects focused on tin and gold.

Horizon Oil has released a first supplementary and replacement bidder’s statement for its off-market takeover offer for Cue Energy, proposing a mix of cash and shares that values Cue at a 10-14% premium. The deal aims to create a diversified oil and gas producer across Asia-Pacific with significant synergies.

Lakes Blue Energy has temporarily halted gas flow testing at its Wombat-5 well to conduct extended pressure analysis, planning a perforation program to enhance production prospects.

Brookside Energy has reported a modest increase in its total proved plus probable reserves to 12.52 million barrels of oil equivalent, driven by strong performance from its operated wells in Oklahoma’s SWISH play. The company’s proved developed producing reserves also rose by 5%, underscoring steady operational progress.