Latest Lng Development News

Kina Securities lifted its half-year net profit by 4% to PGK 59.7 million, underpinned by a strong capital injection via Papua New Guinea’s inaugural listed corporate bond and a 13% higher interim dividend in local currency.

Woodside Energy delivered a strong first half in 2026, with revenue up 13% to $7.45 billion, net profit after tax reaching $1.67 billion, and key LNG and oil projects advancing on schedule. The company declared a fully franked interim dividend of 57 US cents per share amid ongoing global market volatility.

Botala Energy reports promising early gas observations at its Serowe-3.5B well in Botswana, signaling reservoir responsiveness as the well approaches a critical dewatering stage in its Pitse Pilot.

Tivan Limited has appointed Robert Gerrard as CEO (Australia), elevated Dr Ellin Lede to the Board, and named Brendon Nicol as CTO to sharpen its leadership as it moves towards key project milestones at Speewah and Molyhil.

Botala Energy’s Pitse Pilot well 3.5B at the Serowe CBM Project in Botswana has reached total depth, intersecting coal seams as predicted and advancing toward flow testing and commercial production.

Equus Energy’s Pre-FEED study confirms the technical and commercial viability of its North West Shelf gas project, leveraging existing infrastructure to reduce costs and execution risks while targeting both LNG export and WA domestic gas markets.

Botala Energy has commenced drilling its first commercial production well at the Serowe CBM Project in Botswana, marking a pivotal step toward large-scale gas production and regional energy supply.

Worley has received the Full Notice to Proceed from Venture Global for Phase 2 of the CP2 LNG export project in Louisiana, marking a significant milestone following Venture Global’s Final Investment Decision.

RBR Group Limited narrowed its half-year loss to $588,746 as Mozambique LNG project activities resumed, underpinning cautious optimism amid ongoing funding challenges.

SGH Ltd reported a resilient first half of FY26 with stable earnings, improved margins, and a significant boost in operating cash flow, underpinning a 7% rise in its interim dividend.

Kinetiko Energy reports robust gas production from test wells and secures a binding joint development agreement with FFS Refiners to advance a pilot LNG plant in South Africa, backed by a $3.15 million capital raise and new North American market listing.

Equus Energy has launched on the ASX with full ownership of the Equus Gas Project, backed by a $46 million conditional funding and gas sales agreement with Alcoa. The project aims to supply a significant new gas source for Western Australia’s LNG and domestic markets.