AUS
NZ
UK
CA
USA
IND
Oil gas
Oil Prices Soar as US Targets Russia with Sweeping Sanctions
January 13, 2025 11:31 AM AEDT| By Team Kalkine MediaHighlights,Oil prices,surge,to a four-month high due to US sanctions.,Russia’s oil industry faces sweeping restrictions targeting producers and exports.,Spotlight shifts to alternative supply sources like India and China.,Crude oil prices have surged...
Oil Stocks Surge as Crude Prices Reach Four-Month Highs
January 13, 2025 11:22 AM AEDT| By Team Kalkine MediaHighlights,Oil stocks rally as crude hits a four-month high amid new sanctions.,Top performers include (KAR), (WDS), and (BPT).,Global benchmark Brent crude surpasses $80 per barrel.,Oil and energy stocks surged on the Australian Stock Exchange (ASX)...
Is Blue Energy Limited Poised for a Breakthrough in the Energy Sector?
January 13, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Blue Energy Limited is nearing profitability, with breakeven expected in 2027.,The company has reduced investment challenges through careful capital management.,The company is focused on oil and gas resources across Queensland and the Nor...
How Does APA Group's Return on Equity Stand Out in the Gas Utilities Sector?
January 13, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,APA Group (ASX:APA) achieves a return on equity in the thirties percentage.,Earnings derived from nearly one billion Australian dollars in net profit over a multi-billion Australian dollar equity base.,A debt-to-equity ratio nearing four e...
What Does ADX Energy’s New Gas Permit in the Sicily Channel Mean for the Future of European Energy?
January 12, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,ADX Energy secures a gas exploration permit in the Sicily Channel, offshore Italy.,Five high-graded prospects identified, with significant resources of gas.,Proximity to nearby gas project enhances the feasibility of new discoveries.,ADX...
Origin Energy (ASX:ORG) Insider Reduced Holdings by 13% Over the Past Year
January 11, 2025 11:00 AM AEDT| By Team Kalkine MediaOrigin Energy (ASX:ORG) Insider Reduced Holdings by 13% Over the Past Year
Oil Prices Climb Amid Falling U.S. Inventories and Cold Weather Boosting Demand
January 10, 2025 12:32 PM AEDT| By Team Kalkine MediaHighlights,Oil prices continue to rise despite concerns about China's economic weakness.,U.S. crude stockpiles at the Cushing hub have hit their lowest point in,nearly a,decade.,Political and weather factors are contributing to increased demand for o...
Oil Market Calms Amid Supply Tightening Signals
January 09, 2025 11:29 AM AEDT| By Team Kalkine MediaHighlights,Oil prices steadied amid market volatility.,WTI crude remained above $73 per barrel, while Brent held near $76 per barrel.,Declining crude inventories at key US storage hubs signal tightening supply.,Oil prices stabilized after a highly fl...
Oil Prices Climb Amid Shrinking U.S. Crude Inventories
January 08, 2025 11:29 AM AEDT| By Team Kalkine MediaHighlights,Oil prices,rise,for a second consecutive day.,U.S. inventories record a potential seven-week decline.,West Texas Intermediate nears $75 per barrel.,Oil prices continued their upward trajectory for the second day, fueled by reports of decli...
Could Omega Oil and Gas Unlock Vast Gas Resources in Queensland’s Taroom Trough?
January 08, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Omega Oil and Gas confirms high overpressure and favorable reservoir properties in Canyon-1H well.,Final preparations underway for fracture stimulation and flowback program, scheduled for February.,Success in Taroom Trough could help alle...
Oil Market Faces a Setback as Technical Indicators Signal Overbought Conditions
January 07, 2025 12:18 PM AEDT| By Team Kalkine MediaHighlights,Oil prices face stabilization after a rally.,Technical indicators suggest a potential market overreaction.,Crude oil's upward momentum may struggle due to demand concerns and production shifts.,The oil market experienced a moment of stabil...
Santos Fined $10k Over 2022 Oil Spill at Varanus Island Facility
January 07, 2025 12:17 PM AEDT| By Team Kalkine MediaHighlights,Santos Fined:,Energy giant Santos has been penalized $10,000 for failing to prevent a 25,000-litre oil spill off Western Australia's northwest coast in 2022.,Incident Details:,The spill, caused by a ruptured seabed pipeline, led to environ...
ASX Energy Stocks Rise as Oil Prices Hit Highest Levels Since October 2024
January 06, 2025 01:09 PM AEDT| By Team Kalkine MediaHighlights,Energy Stock Gains: Shares of Australian energy stocks in the AXEJ sub-index rose by as much as 1%, reaching their highest levels since 23 October 2024.,Oil Price Surge: Oil prices remained near their highest levels since October, driven b...
Oil Prices Steady Near Two-Month High Amid Market Optimism
January 06, 2025 11:45 AM AEDT| By Team Kalkine MediaHighlights,Brent crude traded near $US77 a barrel, marking its highest levels in over two months.,West Texas Intermediate (WTI) hovered around $US74, supported by a positive sentiment in broader markets.,Asian equities,anticipated,gains after Wall St...
Are ASX Energy Companies Set to Address Australia's Gas Supply Challenges?
January 06, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Australia faces ongoing natural gas supply challenges, with concerns extending into the near future.,ASX-listed companies are expanding production capabilities to meet increasing energy demand.,Key updates include Omega Oil & Gas's tests...
Red Sky Energy Faces Mixed Reactions to Angola Oil Venture
January 03, 2025 04:31 PM AEDT| By Team Kalkine MediaHighlights,Strategic Angola Deal:,Red Sky Energy (ASX:ROG) secures a 35% stake in Angola’s offshore Block 6/24 in the Kwanza Basin, alongside Sonangol (50%) and Acrep (15%).,Investor Concerns:,Despite the milestone, Red Sky’s market value dropped by...
Invictus Energy Completes Second Tranche of US$10 Million Institutional Placement
December 31, 2024 12:28 PM AEDT| By Team Kalkine MediaHighlights,Invictus Energy completes second tranche of US$10 million institutional placement, raising US$3.5 million.,The company accepts oversubscriptions totaling US$2 million, increasing the total funds raised.,Invictus now offers a secondary list...
Why shares of Australian Oil Company jumped 25% on Monday?
December 30, 2024 01:30 PM AEDT| By Team Kalkine MediaHighlights,Australian Oil received a A$300,000 payment from Blue Sky Resources under the revised Omnibus Settlement Agreement.,The company is set to acquire a pipeline from Pacific Gas and Electric Company, with expected connections to its Rec Board...
Pilot Energy Announces Significant Increase in Cliff Head Carbon Storage Resource
December 24, 2024 12:02 PM AEDT| By Team Kalkine MediaHighlights:,Resource Growth,: The contingent storage resource for the Cliff Head Carbon Storage Project has increased by 58%, from 45.6 million tonnes to 72.2 million tonnes (100% basis).,Enhanced Geological Models,: Refinements in geological and dyn...
ReNu Energy Sells Legacy Geothermal Assets to Hydro Lit in $700,000 Deal
December 24, 2024 11:44 AM AEDT| By Team Kalkine MediaHighlights,Asset Overview:,The deal includes legacy geothermal data, samples, and Geothermal Retention Licence 3 (GRL 3) in South Australia’s Cooper Basin, subject to regulatory approval.,Lithium Opportunity:,Hydro Lit aims to leverage the assets for...
Advertise your brand on Kalkine Media