Energy

Geopolitical Tensions Challenge Corporate Sustainability Efforts
October 04, 2024 12:44 PM AEST| By Team Kalkine MediaHighlights:,Technological and Regulatory Drivers,:,Two-thirds of executives emphasize the need for climate technology to meet sustainability goals, with notable progress in circular economy practices.,Consumer,Skepticism,:,Over half of consumers perc...

Provaris Energy (ASX:PV1) Expands CO2 Storage & Hydrogen Transport Solutions
October 04, 2024 10:43 AM AEST| By Team Kalkine MediaHighlights,Provaris,Energy advances CO2 storage and hydrogen transport technology.,Joint development with Yinson focuses on large-scale carbon storage solutions.,Efforts align with EU standards, aiming to reduce costs and improve efficiency.,Provaris...

Woodside Energy (ASX:WDS) Halts Texas Operations After Fatal Incident
October 04, 2024 10:31 AM AEST| By Team Kalkine MediaHighlights,Woodside Energy halts operations at its Texas site after a fatal incident.,All other personnel at the Beaumont Clean Ammonia site are safe and accounted for.,A full investigation has been,initiated,to,determine,the cause of the incident.,W...

Pure Hydrogen (ASX: PH2) Expands US via ETHERO Partnership
October 03, 2024 06:05 PM AEST| By Team Kalkine MediaHighlights,Pure Hydrogen forms a strategic partnership with ETHERO in the US.,The agreement focuses on supplying Hydrogen Fuel Cell and Battery Electric vehicles.,Pure Hydrogen continues its global expansion, with a strong presence in multiple market...

CleanPeak Energy Expands Solar Farm Portfolio by a Third, Bolstering Battery Integration
October 03, 2024 11:53 AM AEST| By Team Kalkine MediaSummary Points:,CleanPeak,Energy, valued at $500 million, has expanded its solar farm portfolio by,acquiring,three,additional,sites in New South Wales, including two operational farms and a project in development.,The company is integrating batteries...

GTI Energy Ltd (ASX:GTR) Prepares for Final Drilling Phase at Lo Herma Uranium Project
October 03, 2024 11:03 AM AEST| By Team Kalkine MediaHighlights,GTI Energy Ltd will start its final drilling phase at the Lo Herma Uranium Project later this month.,The company plans to update its mineral resource estimate and explore economic potential by year-end.,Nearby, Uranium Energy Corp (UEC) is...

Pancontinental Energy (ASX:PCL) Assessing Cash Burn and Financial Stability
October 03, 2024 10:55 AM AEST| By Team Kalkine MediaHighlights,Pancontinental Energy has a cash runway of 2.4 years, providing a reasonable buffer for operations.,The company's cash burn increased by 16% over the last year,,indicating,rising investment in growth.,With a market capitalization of AU$126...

Brookside Energy Ltd (ASX:BRK) Secures Credit Facility to Fuel Growth
October 03, 2024 10:01 AM AEST| By Team Kalkine MediaHighlights,Brookside Energy Ltd has secured a US$25 million credit facility to support growth initiatives.,The facility offers financial flexibility with an interest-only agreement over three years.,Brookside is,well-positioned,to enhance shareholder...

Buru Energy Ltd Secures Funding to Drive Exploration and Production
October 01, 2024 01:44 PM AEST| By Team Kalkine MediaHighlights,Buru Energy Ltd secures $3 million for the Rafael Shallow 1 oil exploration well.,The company ends its farm-in agreement with Sabre Energy, reaffirming shareholder value.,An oversubscribed placement raises $6.7 million to boost the Rafael...

Strike Energy (ASX:STX) Navigates Financial Strain Amid Balance Sheet Pressures
October 01, 2024 09:48 AM AEST| By Team Kalkine MediaHighlights,Strike Energy has AU$17.1 million in net cash as of June 2024,.,The company improved its EBIT to AU$2.5 million from a loss last year,.,Strike Energy’s liabilities are manageable given its cash position and market cap.,Legendary fund manag...

Buru Energy Ltd (ASX:BRU) Secures New Funding to Propel Strategic Initiatives Forward
September 30, 2024 05:02 PM AEST| By Team Kalkine MediaHighlights,Buru Energy Ltd ends agreements with Sabre Energy and secures new funding.,The company will drill the Rafael Shallow 1 well, focusing on the Rafael Gas Project.,A $6.7 million share placement supports development and restarts oil productio...

Triangle Energy Joint Venture Moves Ahead with North Perth Basin Drilling Plans
September 30, 2024 02:49 PM AEST| By Team Kalkine MediaHighlights,Triangle Energy's joint venture secures environmental plan approval.,The Becos-1 well targets oil reservoirs with up to 5 million barrels.,Drilling is expected to begin once rig tenders are finalized.,The joint venture between Triangle Ene...

AGL Energy Secures Long-Term Power Contract with Portland Smelter
September 30, 2024 10:52 AM AEST| By Team Kalkine MediaHighlights:,AGL Energy Limited (,ASX,:AGL,) has secured a new 287 MW electricity supply contract with a Portland smelter, set to begin in mid-2026, extending until 2035.,The contract includes an option to replace up to 30 percent of the contracted el...

Is Peninsula Energy's (ASX:PEN) Cash Burn a Concern?
September 30, 2024 09:59 AM AEST| By Team Kalkine MediaHighlights,Peninsula Energy has a cash runway of about 3.5 years based on its current cash reserves.,The company’s cash burn increased by 285%, with operating revenue down 71%.,Analysts expect Peninsula Energy to break even before its cash runway end...

Worley (ASX:WOR) Delivers Impressive 66% Returns for Investors Over Three Years
September 30, 2024 09:59 AM AEST| By Team Kalkine MediaHighlights,Worley Limited has delivered a 66% return to investors over the past three years,.,The company achieved a remarkable 54% annual growth in earnings per share (EPS),.,Total shareholder return (TSR) for Worley stands at 66%, primarily driven...

Oil Market Dynamics Amid OPEC+ Supply Adjustments
September 27, 2024 12:30 PM AEST| By Team Kalkine MediaThe global oil market is once again in the spotlight as the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, commonly referred to as OPEC+, prepare to adjust oil production levels in December. This move comes as the group addr...

ADX Energy Advances Hydrocarbon Exploration with Promising Prospects in Austria
September 27, 2024 12:02 PM AEST| By Team Kalkine MediaHighlights,ADX Energy is set to test two major reservoirs to assess hydrocarbon characteristics and productivity.,Preliminary findings suggest the Welchau-1 well may yield valuable light oil in commercial quantities.,The development cycle for oil is...

Western Australia's Domestic Gas Policy Faces Transformative Changes
September 27, 2024 11:28 AM AEST| By Team Kalkine MediaHighlights,The WA government,modifies,its Domestic Gas Policy, allowing onshore gas exports to stimulate market development.,Companies like Beach Energy, Strike Energy, and Triangle Energy stand to,benefit,from the new regulations.,The policy change...

Focus Shifts to Taroom Trough as Gas Supply Crisis Deepens
September 25, 2024 01:05 PM AEST| By Team Kalkine MediaHighlights,Taroom,Trough,emerges,as a solution for the east coast gas crisis, drawing interest from Shell and Omega Oil & Gas (,ASX:OMA,).,Omega Oil & Gas is appraising flow potential through a horizontal drill well in the promising,Taroom,Trough.,Re...

Investor Discontent with Woodside Energy (ASX:WDS) Amid Strategic Concerns
September 25, 2024 10:23 AM AEST| By Team Kalkine MediaWoodside Energy (ASX:WDS), one of Australia’s leading oil and gas producers, has recently encountered dissatisfaction among investors, with some opting to exit their positions. This unrest stems from concerns about the company’s recent strategic deci...

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