Latest Oil And Gas Operations News

Pilot Energy has made significant strides in Q4 2025 with the launch of a modular data centre joint venture, progress on a hybrid solar and battery project, and advancement of offshore gas exploration partnerships, supported by substantial new financing.

Titomic has made significant strides in transitioning from development to production, securing key contracts in defense and semiconductor sectors while maintaining a strong cash position.

Tamboran Resources has appointed Todd Abbott as CEO, bringing over 25 years of upstream oil and gas expertise to lead its pivotal Beetaloo Basin development.

Pilot Energy has secured a $1.52 million financing facility to fast-track its FY2025 R&D Tax Incentive refund, supporting its clean energy and gas exploration projects.

Pilot Energy is progressing its farmout process for the WA-481-P offshore gas project, eyeing early drilling at the Leander Gas Prospect before a delayed 3D seismic survey. The company targets first gas production by 2030 leveraging existing infrastructure.

Winchester Energy has commenced production from its Varn JVU-5 well in Texas, marking a significant step in its waterflood project with an initial oil output of 25 barrels per day.

Central Petroleum has agreed to sell its Northern Territory sub-salt exploration permits to Georgina Energy, gaining a 25% equity stake in the helium-focused explorer. The deal refocuses Central on conventional oil and gas while offering shareholders exposure to emerging helium and hydrogen prospects.

Karoon Energy has appointed industry veteran Carri Lockhart as its new CEO, signaling a strategic push as it prepares to operate the Baúna FPSO and expand in Brazil and the US.

Pilot Energy has locked in a $5.9 million debt facility tied to PRRT refunds, easing upfront funding pressures for decommissioning the Cliff Head oil field through 2027.

Alligator Energy strengthens its executive team with key appointments as it shifts from exploration to uranium production, closing its Brisbane office and centralising operations in Adelaide.

AXP Energy has updated its resource disclosures and is accelerating its gas-to-power strategy to fuel bitcoin mining operations in Oklahoma, leveraging proven oil fields and strong industry partnerships.

TMK Energy has forged a strategic alliance with Beijing-based J-Energy to accelerate development planning for its Gurvantes XXXV Coal Seam Gas project in Mongolia, leveraging J-Energy’s technical expertise and Chinese market connections.