Latest Gas Fired Power News

Strike Energy reports a significant 35% increase in the Benchmark Reserve Capacity Price for 2028/29, alongside strong construction progress at its South Erregulla Power Project, signalling robust prospects for WA’s energy transition.

QPM Energy Limited has announced a substantial upgrade to its Moranbah Gas Project reserves and resources, now certified at over 1,000 petajoules, positioning the company as a key player in Queensland’s evolving gas and electricity markets.

TMK Energy has achieved a new record in gas production at its Gurvantes XXXV Coal Seam Gas Project in Mongolia, with output surpassing 900 cubic metres per day. This milestone paves the way for the company’s first gas-fired generator, targeting electricity supply to the local grid by late 2026.

QPM Energy has secured essential development and environmental approvals for its Isaac Power Station, paving the way for construction to begin pending final financing. The project aligns with Queensland’s ambitious energy transition goals.

Energy World Corporation has eliminated all group-level borrowings, strengthening its balance sheet and advancing key LNG and power projects in Southeast Asia amid ongoing operational losses.

Pilot Energy has made significant strides in Q4 2025 with the launch of a modular data centre joint venture, progress on a hybrid solar and battery project, and advancement of offshore gas exploration partnerships, supported by substantial new financing.

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.

KALiNA Power has strengthened its financial position by selling a 180 MW load allocation for C$18 million, while advancing its Alberta gas-fired power projects amid evolving regulatory frameworks.

QPM Energy Limited has announced a $30 million equity raise to support the development of its Isaac Power Station, advancing toward a final investment decision in March 2026 and commissioning by mid-2027. The funding package, complemented by a $113.7 million lease agreement and a $40 million convertible note, underpins a project poised to strengthen Queensland’s energy transition.

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.

KALiNA Power’s Canadian arm has completed a CAD$18 million transfer of allocated megawatts to Greenlight and its global data centre client, marking a significant milestone in its Alberta power projects.