Latest Gas News

BPH Energy’s June quarter update highlights ongoing legal proceedings over the PEP-11 permit, promising progress in AI-driven brain monitoring technology, and strategic moves toward hydrogen production facilities, supported by a robust cash reserve.

NuEnergy Gas Limited reports a mixed quarter with ongoing exploration costs and a strategic push towards early gas sales, while actively seeking new funding to sustain operations.

NuEnergy Gas Limited has completed drilling two wells at its Tanjung Enim PSC in Indonesia, advancing its early gas sales initiative targeting 1 million cubic feet per day. The company is finalizing a major gas sales agreement pending government approval.

Horizon Oil reports a 9% decline in net Proved and Probable reserves to 9.0 million barrels of oil equivalent, offset partially by a life extension at Maari. A significant acquisition in Thailand is set to materially increase reserves in the near term.

Centaurus Metals reports strong value engineering results for its Jaguar Nickel Sulphide Project, confirming a 15-year mine life and first quartile costs, while advancing exploration at Boi Novo and Jambreiro iron ore projects.

QPM Energy has secured Northern Australia Infrastructure Facility approval to enter due diligence for financing its 112MW Isaac Power Station, marking a key step toward final investment decision by late 2025.

Central Petroleum Limited reports a robust 22% increase in full-year revenue for FY25, driven by new gas sale contracts and strong operational cash flows. Production at key fields remains steady despite temporary constraints.

Tamboran Resources appoints Chairman Dick Stoneburner as interim CEO following Joel Riddle’s departure, while adding two seasoned energy executives to its board as it advances gas production plans in the Beetaloo Basin.

Noble Helium has upgraded its North Rukwa helium resource estimate by nearly 30%, driven by fresh data and a refined charge model, setting the stage for a targeted drilling campaign.

D3 Energy has achieved a significant milestone with maiden reserve certification for its South African ER315 permit, alongside a 32% boost in gas flow rates and strategic expansions into Australia and South Africa.

Infini Resources has refined its exploration model at Portland Creek, identifying twelve priority drill targets linked to East-West fault systems. A flexible Phase 2 drilling program is set to commence in Q3 2025 to test for high-grade uranium mineralisation.

Volt Group Limited (ASX – VPR) has initiated an on-market share buy-back of up to 5% of its issued capital, aligning with its capital management strategy as it advances commercialisation of its innovative zero-emission technologies.