Latest Gas News

Corporate Travel Management (ASX:CTD) has posted a $17.7 million net profit for FY26, reversing a prior $348.5 million loss, supported by UK client settlements, new debt facilities, and a governance uplift program.

Argo Investments reported a stable $260.2 million profit for FY2026 with fully franked dividends rising to 38.5 cents per share. The LIC maintains a conservative investment approach, low costs, and strong governance as it marks 80 years.

Vanadium Resources (ASX: VR8) has locked in a right of first refusal and exclusivity option over a prime brownfield site in South Africa’s Highveld Industrial Park for its planned V-Iron Plant, reinforcing its path towards feasibility and financing.

TMK Energy’s Gurvantes XXXV Pilot Well Project saw a 4% increase in average daily gas production in August 2026, reaching approximately 28,600 scfd. The company has signed a drilling contract with Major Drilling to kick off a 2026 drilling and well re-completion campaign, while its Gas to Power Project nears operational readiness.

Tetragon Energy has boosted its mid-case prospective gas resource at the Halcon prospect in the Philippines from 2.6 TCF to 8.0 TCF, significantly enhancing the value of its offshore permits and improving the geological chance of success.

Stonehorse Energy has sold its US Lone Star oil and gas interests for US$1.114 million, shifting focus to expanding its Drumheller development program in Alberta.

Synertec Corporation has reported its first positive net operating cash flow since FY19, underpinned by strong growth in recurring revenues and a landmark contract with Santos for its Powerhouse energy storage system.

AXP Energy has launched gas-to-power operations at its Oklahoma site with a 320 kW natural gas generator, enabling a promising initial oil flow test at the Charlie #1 well. A 10-day extended test aims to optimise production while balancing gas-powered electricity generation.

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.

Beetaloo Energy is advancing its vast gas resource in the Beetaloo Basin, aiming for first gas sales by late 2026, backed by a binding NT Government agreement and key infrastructure investments.

Energy One Limited (ASX:EOL) reported a robust FY2026 with a 17% increase in recurring revenue and a 51% jump in net profit before tax, while preparing for a transformative acquisition of Gas Management Services Limited to deepen its European market presence.

Elixir Energy has made significant progress on the Warkon Pilot in Queensland’s Taroom Trough, completing key feasibility studies for pipeline infrastructure and upstream plant design that position the project for commercial gas production.