Energy

Melbana Energy’s Cuban Oil Production Marks a Milestone Amid Global Market Moves

September 16, 2024 11:54 AM AEST| By Team Kalkine Media

This week, significant news emerged from Melbana Energy,(ASX: MAY),, a Cuba-based oil explorer, as the company gears up to produce its first oil later this year. After a series of challenges and delays, Melbana Energy is set to make its mark as a pro...

Mineral Resources (ASX:MIN) Unveils Maiden Oil and Gas Estimates at Lockyer & Erregulla Projects, WA

September 16, 2024 09:56 AM AEST| By Team Kalkine Media

Mineral Resources (ASX:MIN), commonly known as MinRes, has recently announced its initial oil and gas estimates for the Lockyer and Erregulla projects located in Western Australia (WA). These new estimates mark a significant milestone in the company'...

Manawa Acquisition to Enhance Contact Energy’s Renewable Energy Portfolio

September 11, 2024 10:17 AM AEST| By Team Kalkine Media

Contact Energy Ltd (ASX:CEN) has taken a significant step in expanding its renewable energy portfolio by entering into a court-approved Scheme Implementation Agreement (SIA) to acquire 100% of New Zealand-listed Manawa Energy Ltd. This acquisition al...

Brookside Energy Targets U.S. Listing: Expanding Beyond the ASX

September 11, 2024 10:15 AM AEST| By Team Kalkine Media

Brookside Energy Pursues U.S. Market Expansion,Brookside Energy Limited (ASX:BRK) has announced plans to list its shares in the United States, marking a significant move towards tapping liquidity in the world’s largest stock market. As the latest Aus...

Empire Energy Awards Drilling and Fracture Stimulation Contracts for Carpentaria Pilot Project

September 10, 2024 05:59 PM AEST| By Team Kalkine Media

Empire Energy Group Ltd,(ASX:EEG),has secured key contracts for its Carpentaria Pilot Project in the Beetaloo Basin, Northern Territory, Australia. The company has engaged Ensign Rig 965 for drilling the Carpentaria-5H well on exploration permit (EP)...

Sherry Duhe Appointed CFO of Santos Ltd (ASX: STO)

September 05, 2024 10:48 AM AEST| By Team Kalkine Media

Santos Ltd, a major player in the,ASX energy stock sector,, has announced a significant change in its executive team. Sherry Duhe, previously Chief Financial Officer (CFO) at Woodside Energy Group Ltd, will step into the CFO role at Santos from mid-O...

Motorists Set for Relief as Oil Prices Plunge to 2024 Lows

September 04, 2024 05:14 PM AEST| By Team Kalkine Media

Motorists are set to benefit from a significant reduction in petrol prices as Brent Crude oil has dropped sharply, reaching its lowest point this year. The price of Brent Crude has fallen more than 7% since Monday, approaching $US72 per barrel. This...

Santos Expands LNG Sales with Major Deal to Glencore

September 04, 2024 04:48 PM AEST| By Team Kalkine Media

Santos Ltd,(ASX: STO),has announced a significant expansion in its liquefied natural gas (LNG) sales agreements, securing a deal to supply 19 LNG cargoes to Glencore (LSE: GLEN) in Singapore. This agreement marks the second substantial LNG sales cont...

Whitehaven Coal Limited (ASX: WHC) Reports Sharp Decline in Full Year Earnings

August 22, 2024 06:41 PM AEST| By Team Kalkine Media

Whitehaven Coal Limited,(ASX: WHC),, a major player in the Australian coal industry, has unveiled its earnings results for the fiscal year ending June 30, 2024. The company's financial performance reflects a notable downturn compared to the previous...

Whitehaven Coal Partners with Japanese Steelmakers in $1.1 Billion Deal

August 22, 2024 04:28 PM AEST| By Team Kalkine Media

Whitehaven Coal Ltd,(ASX: WHC),has secured a significant deal with two of Japan’s leading steelmakers, Nippon Steel Corp. and JFE Steel Corp., agreeing to sell a 30% stake in the Blackwater metallurgical coal mine for $1.1 billion. This move is aimed...

Beach Energy Ltd (ASX: BPT) Faces Share Price Decline After Major Reserve Downgrade

August 12, 2024 01:59 PM AEST| By Team Kalkine Media

Shares in Beach Energy Ltd,(ASX: BPT),have experienced a significant drop following a substantial downgrade in the reserves at its new Enterprise gas field in south-east Australia. This development has taken investors by surprise and led to an early...

Beach Energy (ASX: BPT) Faces Major Bottom-Line Loss

August 12, 2024 11:29 AM AEST| By Team Kalkine Media

Beach Energy Ltd,(ASX: BPT),, a key player in the Australian energy sector, has recently reported a substantial bottom-line loss, reflecting a challenging period for the company. This loss marks a significant shift from the company's prior financial...

Woodside Energy (ASX: WDS) Faces Share Price Decline After Major Acquisition

August 06, 2024 02:59 PM AEST| By Team Kalkine Media

Woodside Energy Group Ltd,(ASX: WDS),has experienced a 4% drop in its share price following the announcement of a significant acquisition. The company, renowned for its oil and gas operations, is investing US$2.35 billion in OCI Clean Ammonia Holding...

Woodside Energy Group Ltd Reports Mixed Quarterly Results

July 24, 2024 03:06 PM AEST| By Team Kalkine Media

Woodside Energy Group Ltd,(ASX: WDS),has seen its share price decline by over 2% following the release of its quarterly update for June 2024. As a major player in the global oil and gas sector, Woodside's latest performance figures provide insight in...

ASX 200 Coal Stocks in Focus as Wind Power Weakens

July 08, 2024 12:00 AM AEST| By Team Kalkine Media

The S&P/ASX 200 Index (,ASX: XJO,) coal stocks are showing signs of robust performance, driven by a resurgence in coal-fired power generation in Australia during the June quarter. Despite today's mixed performance, these stocks have demonstrated sign...

Advanced Energy Minerals Leads Industry in Carbon Neutrality with Low Carbon Footprint

November 07, 2023 06:31 PM AEDT| By Team Kalkine Media

Advanced Energy Minerals Inc. (,AEM,) is making notable progress in its efforts to attain net carbon neutrality in the production of high-purity alumina (HPA) and aluminium derivatives. A recent independent report conducted by Optel reveals that AEM'...