Latest Gas News

Pantera Lithium Limited has agreed to sell its Smackover Lithium Project subsidiary to Energy Exploration Technologies Inc. for A$40 million, significantly strengthening its financial position and strategic exposure to U.S. lithium assets.

IPB Petroleum has secured a crucial two-year extension on its WA-424-P permit in the Browse Basin, allowing more time to progress the Gwydion oil discovery and explore the Idris prospect. The company is actively pursuing partnerships and funding to unlock value from these assets.

Xstate Resources has pushed back the closing date of its public offer to early August, setting the stage for a potential ASX re-listing by late August following key approvals and asset acquisition.

Gold Hydrogen Limited has locked in a $14.5 million strategic investment from major Japanese corporations to fund expanded drilling and appraisal at its Ramsay Project in South Australia. This capital injection aims to advance the company’s pioneering work in Natural Hydrogen and Helium exploration.

Cue Energy Resources reports steady production with a 29% increase in Australian cash receipts and a major milestone at its Maari field, signaling growth and resilience amid operational challenges.

Blue Energy’s subsidiary Eureka Petroleum has been granted two significant Potential Commercial Areas in Queensland’s North Bowen Basin, alongside a renewal of its ATP 814 exploration permit. These awards position the company to advance substantial gas resources toward production.

Kinetiko Energy has begun drilling a key production test well in South Africa, advancing its transition from exploration to gas production with plans for a pilot LNG plant by late 2026.

D3 Energy has achieved a significant milestone with its maiden certified methane and helium reserves at ER315 in South Africa, enabling an early submission of its Production Right application. The reserves cover a small portion of the acreage but signal substantial upside potential.

Macquarie Group reported a decline in net profit contribution for the first quarter of FY26, driven by mixed performances across its divisions, while maintaining a robust capital surplus and announcing a key CFO transition.

The South African Competition Commission has approved ASPI Isotopes’ offer to acquire Renergen Limited, marking a key regulatory milestone in the ongoing takeover process.

Yari Minerals has significantly expanded its flagship Rolleston South Coal Project resource by 91%, positioning itself strongly in Queensland’s Bowen Basin ahead of a maiden drilling campaign planned for late 2025.

Winchester Energy Limited’s shares have been suspended from ASX trading due to a failure to meet director requirements under the Corporations Act, raising questions about its governance and future compliance.