Latest Gas And Power Generation News

Jade Gas Holdings reported continuous gas production from two wells at its Red Lake coal bed methane project in Mongolia during Q4 2025, confirming commercial viability with exceptionally high methane purity. The company also secured a $70 million non-binding LOI and appointed a new CEO to drive development.

AXP Energy reports promising early production from its Charlie #1 well in Oklahoma and plans to increase output by installing a larger pumpjack.

TMK Energy has achieved a fifth consecutive month of rising gas production at its Gurvantes XXXV Project in Mongolia, hitting a new daily record in December 2025. The company is now advancing plans to harness this gas for power generation, signalling a promising commercial phase ahead.

Horizon Oil Limited reported robust FY25 results, highlighted by a strategic acquisition of Thailand upstream assets and a 10-year permit extension at Maari, nearly doubling production and securing a strong outlook through 2030.

Energy World Corporation Ltd has outlined a strategic reset including a $442 million debt-to-equity conversion and is progressing towards commissioning its flagship Pagbilao LNG and power project in the Philippines, alongside advancing its Sengkang LNG facility in Indonesia.

Metal Powder Works has secured a strategic partnership with Hardchrome Engineering, expecting USD 1-2 million in sales over the next year from innovative bronze alloy powders for laser cladding applications.

ADX Energy reports a 17% production dip in Q3 2025 due to well downtime but boosts sales revenue by 23%, while advancing drilling plans and acquiring key infrastructure.

Blue Energy has been granted a critical petroleum lease in Queensland and completed a $5.8 million capital raise, positioning itself to meet rising gas demand aligned with the Queensland Government’s new Energy Roadmap.

Jade Gas Holdings has achieved continuous gas flow from two production wells and secured its first LNG sales agreement with Mongolia’s largest natural gas importer, UB Metan LLC. The company also raised $5 million to support its commercial operations.

Volt Group Limited has reported a record year-to-date revenue of $4.01 million for Q3 FY25, driven by strong sales in its Wescone and EcoQuip divisions, alongside advancing its ATEN Waste Heat to Power project.

Pilot Energy teams up with Kala Data to launch a modular data centre powered by surplus gas-fired energy, aiming for early cash flow and ambitious expansion plans.

AXP Energy has successfully logged hydrocarbons across several zones in its Charlie #1 well in Oklahoma and is preparing for hydraulic fracturing with production expected by the end of October.