Latest Oil Gas News

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

Tamboran Resources Corporation reported a 26% reduction in half-year losses as it progresses key natural gas projects in Australia’s Beetaloo Basin and prepares for a major acquisition of Falcon Oil & Gas Ltd.

Tamboran Resources has appointed Todd Abbott as CEO and made significant progress in drilling and infrastructure development in the Beetaloo Basin, aiming for first gas sales in the third quarter of 2026.

Tamboran Resources has marked significant milestones in the Beetaloo Basin with successful drilling, major capital raises, and a new CEO appointment, targeting first gas sales in Q3 2026.

ADX Energy has revealed a significant technical update on its Welchau appraisal permit in Austria, highlighting a connected petroleum system with 18 million barrels of prospective light oil and 125 billion cubic feet of gas condensate resources.

Prairie Lithium has begun installing grid power infrastructure at its Pad #1 site in Saskatchewan, marking a crucial step toward commercial lithium production with reliable, low-cost electricity.

Australis Oil & Gas reported steady production in Q4 2025 despite lower oil prices, completing key transactions that bolster its financial position and development prospects in the Tuscaloosa Marine Shale.

RemSense Technologies reported a robust Q2 FY2026 with strong Tier-1 project deliveries worth A$1.685 million and significant progress on its ISO 27001 cybersecurity certification, underpinning its digital twin platform’s growing industrial footprint.

EVZ Limited has reported its strongest quarterly cash position since inception, alongside profitable growth and an $80 million contract backlog, signalling robust momentum in its transition to a diversified industrial group.

Bounty Oil & Gas has announced a significant board renewal, including the appointment of Kane Marshall as Chairman and the retirement of long-serving CEO Philip Kelso. These leadership changes mark a new chapter as the company pursues growth in its Australian oil and gas assets.

Swift TV Ltd has ceased its decade-long monthly subscription services with Mineral Resources, pivoting to a hardware-enabled SaaS model with its flagship Swift TV product. The company is set to deploy over 4,300 screens across 11 sites by March 2026, marking a significant strategic shift.

Galilee Energy has appointed three new directors, including CEO Joseph Graham as Managing Director, to align its leadership with its strategic pivot to the Zydeco Gas Project in Louisiana. This board refresh signals a new chapter focused on growth in the US energy sector.