Latest Power Generation News

Conrad Asia Energy is set to commence a substantial 3D seismic survey in late 2025 over its Offshore North West Aceh gas assets, aiming to refine resource estimates and pave the way for future development including mini-LNG and power generation projects.

AXP Energy has secured 1,400 acres of oil and gas leases in Kay County, Oklahoma, setting the stage for rapid drilling and expansion of its gas-to-power-bitcoin mining operations. The company aims to leverage proven stacked pay zones and a favorable regulatory environment to scale production and innovative energy uses.

AXP Energy has raised A$2.7 million through a two-tranche placement to expand its innovative gas-to-power-bitcoin mining operations and accelerate oil and gas drilling activities in Oklahoma.

Jade Gas Holdings reports steady progress at its Red Lake Gas Field with both wells performing as expected, targeting first gas production within the current quarter.

QPM Energy Limited has completed commissioning of its Townsville Power Station and initiated a pivotal Dispatch Agreement with Ratch Australia Corporation, setting the stage for enhanced electricity market participation.

AML3D has successfully commissioned its ARCEMY X system at the Tennessee Valley Authority, marking a significant milestone in its US expansion beyond defence into the energy sector.

Genesis Energy, alongside Mercury, Meridian, and Contact, has inked 10-year agreements to fortify New Zealand’s energy security through Huntly Power Station capacity and fuel reserves. This strategic move aims to prevent supply crunches like those experienced in winter 2024.

Babylon Pump & Power has locked in a $21.15 million debt facility with NAB to refinance existing loans and support recent acquisitions, positioning the company for expanded operations.

Horizon Oil has completed its acquisition of significant interests in two producing gas fields in Thailand, adding 2,100 barrels of oil equivalent per day to its portfolio and expanding its footprint in Southeast Asia.

Toro Energy has updated its Wiluna Uranium Project scoping study, revealing a robust pre-tax NPV of A$907.9 million and a rapid 1.5-year payback period, underpinned by strong uranium and vanadium resources.

AXP Energy has commenced production from the Greenhorn Formation, marking a first for its Florence leases, while reporting a 15% rise in oil output and a 42% jump in quarterly revenue.

Comet Ridge Limited has made significant progress in its Mahalo Gas Hub development, advancing engineering design, certifying substantial new gas reserves, and securing extended financing to support a Final Investment Decision.