Latest Gas Sector News

Tamboran Resources and its joint venture partner have begun gas commissioning at the Sturt Plateau Compression Facility, a critical step toward delivering natural gas to the Northern Territory market under a long-term contract.

Provaris Energy has teamed up with Himile Heavy Industries to transition its hydrogen tank production from prototype to commercial scale, leveraging Himile's industrial manufacturing expertise and facilities in China.

Verbrec has landed $16 million in new contracts spanning engineering, construction, and cyber security services for gas infrastructure, reinforcing its role in Australia's energy security amid looming supply challenges.

Comet Ridge has raised $40 million through a placement and $875,750 via a share purchase plan to fund the acquisition of Santos’ remaining stake in the Mahalo Gas Project and progress development activities.

Delorean Corporation has received a $1.66 million milestone payment from ARENA, advancing its SA1 Salisbury bioenergy facility towards renewable gas production and multiple revenue streams.

GenusPlus Group has finalized its acquisition of MPC Kinetic, marking a significant diversification into the Queensland gas sector and renewable infrastructure services. The deal was funded through a combination of cash reserves, debt facilities, and a recent $200 million equity raise.

Brookside Energy has wrapped up its latest on-market share buy-back, cutting its share count by 7% post-consolidation and funding the program entirely from operating cash flow. The company will pause buy-back activity as it finalises a proposed U.S. ADS listing but signals future buy-backs remain part of its capital strategy.

Symal Group is set to significantly boost its defence and resources contracting presence through the $51 million acquisition of Shamrock Civil, a Queensland-based contractor with a $315 million pipeline dominated by defence projects.

AXP Energy has struck a farm-in deal to earn a 25% interest in Block 9, a prolific onshore Syrian oil and gas contract with substantial historical prospective resources, positioning the company amid a reopening Middle East energy market.

BPH Energy and Bounty Oil & Gas await a Federal Court judgement on their challenge against the refusal to extend the PEP-11 offshore permit. The decision, reserved since February, will be handed down mid-June, potentially shaping the companies' exploration prospects.

Swift TV Ltd has secured $2.33 million through a $1.9 million placement and a $430,000 debt conversion, boosting its capacity to deliver contracted deployments and expand recurring revenue streams.

Bounty Oil & Gas NL has issued a prospectus offering over 632 million new options to eligible investors as part of a broader recapitalisation, potentially raising $6.3 million if exercised.