Latest Lng News

Yancoal's June quarter saw a 20% jump in attributable saleable coal production to 10.8 million tonnes, supported by rising realised coal prices and operational improvements. The company advances its strategic growth with the pending acquisition of an 80% stake in the Kestrel Coal Mine, while planning to close Ashton mine by early 2028.

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.

Fleetwood Limited is set to acquire Red Dog Village, Karratha’s largest transient worker accommodation facility, for $20 million, significantly boosting its regional scale and earnings potential.

Elixir Energy’s Lorelle-3H appraisal well in Queensland’s Taroom Trough has completed its initial clean-up phase, delivering promising dual phase flow rates and preparing for a critical tubing run to stabilise production before resuming testing.

Li-FT Power has gained a two-year exclusive call option, approved by the Superior Court of Québec, to acquire the Renard diamond mine site with plans to explore its conversion for lithium processing.

Kinetiko Energy is progressing rapidly from exploration to production with a major onshore gas discovery in South Africa, targeting first commercial compressed natural gas by late 2027 through a phased, capital-efficient development.

Botala Energy confirms encouraging reservoir permeability at its Serowe-3.5B well in Botswana, setting the stage for hydraulic stimulation and production testing that could unlock commercial gas flows.

Elixir Energy's Lorelle-3H appraisal well in Queensland's Taroom Trough has begun flowing gas after a successful flowback phase, indicating promising potential for commercial gas-condensate production.

Kinetiko Energy has approved a Field Development Plan marking its shift from exploration to production at the Brakfontein gas project in South Africa, aiming to fast-track gas output and secure strategic funding.

Beetaloo Energy reports promising flow testing from Carpentaria-5H with sustained gas rates and low decline, while its Carpentaria Gas Plant construction remains on schedule for first gas sales in late 2026.