Latest Gas Fired Power News

Brightstar Resources has greenlit full-scale construction of its Goldfields Project with all key approvals in place, targeting first gold in mid-2027 while boosting its Sandstone resource base to 2.9 million ounces.

TMK Energy’s Gurvantes XXXV Pilot Well Project posted an 8% rise in average daily gas production in June 2026, driven by a second significant gas spike at well LF-07. The company has selected Major Drilling to execute its upcoming drilling and workover program scheduled to start in August.

QPM Energy has secured critical approvals and financing milestones for its 112MW Isaac Power Station, alongside a significant upgrade to its Moranbah Gas Project reserves, positioning it as a key energy supplier in Queensland.

Catalyst Metals reported stable gold production at Plutonic despite rising costs, unveiled a promising new ore source at Cinnamon, and expanded its landholdings significantly in the Bryah Basin.

Beach Energy’s Q3 FY26 output rose 7% quarter-on-quarter, led by a 174% surge in Perth Basin production following Waitsia Gas Plant compressor commissioning. The company also secured new Queensland acreage and greenlit the Moomba Central Optimisation project, though weather disruptions trimmed Cooper Basin output and prompted a production guidance cut.

QPM Energy Limited has received credit approval for a $72 million loan from the Northern Australia Infrastructure Facility to support construction of the 112MW Isaac Power Station, complementing existing financing arrangements with Macquarie Bank.

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.