Latest Natural Gas News

Auckland Airport posted a 3% revenue increase and a stable underlying profit of NZD 309 million in FY26, driven by robust passenger growth and a $1 billion infrastructure push, while cautioning on near-term fuel price volatility and geopolitical risks.

Kinetiko Energy’s South African subsidiary has locked in a $1.26 million cash agreement with Mulilo, resolving land-use conflicts and gaining a potential gas supply edge for a major wind energy project.

Santos Limited's half-year results show a 19% drop in net profit to US$355 million amid higher production and LNG ramp-up costs, while declaring an interim dividend of 11.6 US cents per share.

AXP Energy is installing a 320kW natural gas generator at its Edwards Lease in Oklahoma to power digital mining equipment, marking its first commercial gas-to-power project following a successful Colorado trial.

D3 Energy has overcome a brief weather-induced pause at its Nooitgedacht helium project in South Africa, with drilling operations set to restart and production testing planned shortly.

Karoon Energy's Who Dat East Joint Venture has given the green light to develop the Who Dat East field in the Gulf of America, aiming for production start in the second half of 2028 with attractive economics.

Eastern Gas Corporation has initiated drilling of the Venus-2H horizontal appraisal well in Queensland’s Surat Basin, marking a significant advancement in evaluating its contingent gas resources and potential commercial development.

Jade Gas has completed a A$11 million placement, boosting its cash reserves beyond A$20 million to fund key development and strategic moves, including a proposed Hong Kong listing.

Botala Energy’s Pitse Pilot well 3.5B in Botswana is producing 200 barrels of water per day with measurable casing pressure despite limited reservoir drawdown, signalling effective stimulation and promising progress toward commercial coal bed methane production.

D3 Energy has successfully drilled and intersected gas in the first of two wells at its Nooitgedacht site in South Africa, with the second well underway. The results support expanding helium reserves and future production rights.

Comet Ridge has raised $40 million through a placement and $875,750 via a share purchase plan to fund the acquisition of Santos’ remaining stake in the Mahalo Gas Project and progress development activities.

Eden Innovations reported strong EdenCrete® trial results in India and North America, strategic hires for EdenShield® in defence markets, and completed a $4.05 million placement, ending the quarter debt-free with $5.2 million cash.