Latest Gas News

Prominence Energy outlines a disciplined, capital-efficient plan to advance its South Australian helium and natural hydrogen projects toward drilling in mid-2027, backed by low-cost exploration and strategic funding options.

Advanced Innergy Holdings (ASX:AIH) has completed its acquisition of Matrix Composites & Engineering (ASX:MCE), significantly expanding its subsea materials manufacturing footprint in the Asia-Pacific region.

Karoon Energy delivered a solid second quarter with 1.08 million barrels of oil equivalent produced and US$116.4 million in sales, underpinned by higher oil prices and operational milestones at Baúna and Who Dat. The company is progressing strategic growth projects and share buybacks while navigating extended Brazilian export taxes.

Eden Innovations is broadening its EdenCrete®Pz7 footprint with Amrize by adding four new concrete plants in Texas, Minnesota, and Toronto, supported by initial US$32,000 orders.

Santos Limited edged up production by 3% in Q2 2026, with Barossa hitting 97% of planned output and Pikka phase 1 moving toward plateau. Sales revenue rose 6% to $1.35 billion, while free cash flow impacts from commissioning are expected to reverse in H2.

D3 Energy has begun drilling the first of two wells at its Nooitgedacht site in South Africa’s ER315 permit, aiming to boost helium reserves and support production right conversions.

Genesis Energy reported an 11.6% increase in electricity netback to $189/MWh in Q4 FY26, driven by a strategic shift to a single brand and simplified product offering. Despite a 5.8% decline in total customers and lower electricity sales, the company advanced its renewables pipeline and battery storage projects while thermal generation dropped sharply due to warmer conditions.

ADX Energy has secured A$3.58 million through a discounted placement to fund multi-zone testing at its HOCH-1 gas discovery in Austria, follow-up drilling, and offshore Sicily exploration amid Europe's tight gas market.

Amaero Inc. capped FY2026 with a record A$18.1 million revenue, expanded its production capacity, and landed a A$6.5 million US Department of War contract to develop alternative refractory alloy powders.

Macallum New Energy completed key 3D and 2D seismic surveys in Western Australia’s Perth Basin, setting the stage for prospect maturation and potential drilling in 2027 while maintaining a strong cash position.

Beach Energy delivered a solid FY26 with 19.4 MMboe production, a record 18 months without injuries, and a key Otway Basin asset sale freeing $500 million capital.

Buru Energy pushes forward with its Rafael Gas Project development, securing A$5.3 million in funding and progressing environmental approvals while navigating executive leadership changes.