Latest Gas News

Mandrake Resources has secured key agreements to produce lithium brine from its Utah project and plans a significant drilling campaign in Australia, supported by strong cash reserves.

Triangle Energy (ASX:TEG) and its key subsidiaries have appointed a voluntary administrator amid financial pressures linked to offshore decommissioning obligations. The move follows similar steps by related operators and signals ongoing regulatory and creditor negotiations ahead.

Omega Oil & Gas has kicked off its fully funded 2026/27 drilling program in Queensland’s Taroom Trough, aiming to unlock significant oil and gas volumes with a multi-well campaign focused on the basin’s eastern flank.

Condor Energy has completed its Technical Evaluation Agreement work early, consolidated full ownership of TEA 86 offshore Peru, and submitted for licence conversion, positioning itself for exploration and gas commercialisation.

Contact Energy's June 2026 operating report reveals rising electricity and gas sales alongside a sharp decline in generation costs and robust hydro storage. Renewable projects continue to advance, supporting the company’s clean energy ambitions.

Jade Gas has inked a non-binding deal with a Chinese consortium to fund the first phase of its Red Lake CBM project in Mongolia, unlocking a potential game-changer for regional energy supply.

Botala Energy’s Pitse Pilot well 3.5B in Botswana has successfully completed hydraulic stimulation and entered commercial production testing, marking a critical step toward establishing gas flow rates above 70 GJ/day.

NH3 Clean Energy (ASX:NH3) has updated investors on its WAH2 Project, aiming for commercial operations by 2030 to produce low-emissions ammonia for Asia-Pacific markets. The presentation highlights strategic advantages, partnerships, and a phased development plan amid ongoing contract and financing negotiations.

Galilee Energy’s Zydeco-1 well in Louisiana has intersected the Homeseeker B sand as predicted, revealing strong gas indications that were not factored into prior financial models. Drilling now advances toward the primary Tweedel Sand target, with electric logging due late July to assess commercial viability.

Bass Oil reported a 3% production increase in June 2026, driven by Indonesian output and Cooper Basin gains. The Bunian 6 well drilling is underway, expected to double group production, while the Vanessa gas field acquisition opens new gas sales and commercialisation pathways.

Jade Gas Holdings (ASX: JGH) has voluntarily suspended its shares on the ASX ahead of an announcement expected by 20 July regarding a development partnership and funding commitment.

Alcoa Corporation delivered a record quarterly revenue of $4 billion in Q2 2026, boosted by strong aluminium prices and operational restarts, while advancing a major acquisition of South32’s upstream assets.