Latest Gas News

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Contact Energy's January 2025 report reveals steady mass market electricity sales and improved netback prices, despite a notable decline in total electricity generation and national demand.
Maxwell Dee
Maxwell Dee
17 Feb 2025
Contact Energy reported a 12% rise in EBITDAF to $404 million for 1H25, driven by new geothermal assets and strategic contracts, while net profit fell 7% due to market volatility and acquisition costs.
Maxwell Dee
Maxwell Dee
17 Feb 2025
LGI Limited reports a solid H1 FY25 performance with modest revenue growth and increased EBITDA, driven by expanded biogas flows and carbon abatement activities. The company confirms a positive outlook with a 12-15% underlying EBITDA growth forecast for FY25.
Victor Sage
Victor Sage
14 Feb 2025
LGI Limited reported a 7% rise in revenue and a 3% increase in EBITDA for H1 FY25, driven by expanded power generation capacity and higher landfill gas flows. However, net profit after tax declined by 22%, reflecting ongoing investment and market dynamics.
Victor Sage
Victor Sage
14 Feb 2025
Abacus Storage King (ASK) reported a robust half-year performance for HY25, with net profit soaring to $67.8 million and key operating metrics showing solid growth. The company’s strategic acquisitions, development pipeline, and platform initiatives underpin its confident outlook.
Eva Park
Eva Park
14 Feb 2025
Civmec’s 1H FY25 results reveal robust revenue growth and a strong balance sheet, underpinned by a diversified project pipeline and strategic moves into naval shipbuilding and material handling equipment manufacturing.
Victor Sage
Victor Sage
14 Feb 2025
Bounty Oil & Gas, through its joint venture operator Asset Energy, has initiated a judicial review against the refusal to vary and extend the PEP-11 offshore petroleum exploration permit. The legal challenge could reshape the future of this key Sydney Basin asset.
Victor Sage
Victor Sage
13 Feb 2025
Austal Limited has landed a landmark A$270 million contract to design and build a 130-metre hydrogen-ready high-speed ferry for Sweden’s Gotlandsbolaget, marking a major step in sustainable maritime transport.
Victor Sage
Victor Sage
13 Feb 2025
Advent Energy, in which MEC Resources holds a significant stake, is pursuing a judicial review against the federal government's refusal to extend the PEP-11 offshore petroleum permit. This legal move could reshape the future of the project and its stakeholders.
Maxwell Dee
Maxwell Dee
13 Feb 2025
Advent Energy, with BPH Energy as a significant stakeholder, has launched a judicial review against the Federal Government’s refusal to extend the PEP-11 offshore petroleum permit, seeking to overturn the decision and force reconsideration.
Maxwell Dee
Maxwell Dee
13 Feb 2025
Tamboran Resources Corporation posted a $20 million net loss for the half year ending December 31, 2024, reflecting intensified exploration and development activities in the Beetaloo Basin amid no revenue generation. The company’s cash reserves declined to $59.4 million, underscoring the pressing need for additional capital to fund ongoing projects.
Maxwell Dee
Maxwell Dee
13 Feb 2025
Downer EDI Limited has reported a strong financial turnaround in the first half of FY25, with significant earnings growth and improved cash flow despite a revenue decline influenced by divestments and softer market conditions.
Victor Sage
Victor Sage
13 Feb 2025