Oil gas
Ampol Faces Refining Challenges in Q3 2024 Amidst Weaker Margins, But Retail and International Sectors Hold Steady
October 15, 2024 12:17 PM AEDT| By Team Kalkine MediaKey Points:,Lytton Refiner Margin dropped to US$1.48 per barrel due to planned maintenance and weaker global margins.,Ampol's Convenience Retail and international business segments remained steady, supporting overall performance.,Ampol has committed...
Oil Prices Decline After China’s Finance Briefing
October 14, 2024 12:34 PM AEDT| By Team Kalkine MediaHighlights,Oil prices dip after China’s briefing,fails to,offer new stimulus.,Middle East tensions continue to,impact,global oil supply.,Brent crude and West Texas Intermediate show declines.,Oil prices fell as China’s much-anticipated Finance Minist...
Oil Prices Surge as Middle East Tensions Escalate
October 11, 2024 12:48 PM AEDT| By Team Kalkine MediaHighlights,Oil prices increased by over 3%, approaching $76 per barrel.,Geopolitical tensions in the Middle East create uncertainty in the oil market.,Traders,remain,cautious as the situation evolves.,Oil prices experienced a sharp increase on Thursd...
EWC Sells 51% Stake in Sengkang Gas Project to PT EMP Energi Jaya for US$35 Million
October 11, 2024 11:33 AM AEDT| By Team Kalkine MediaKey Points:,EWC is selling its 51% interest in the Sengkang PSC to PT EMP Energi Jaya for US$35 million, transferring control of significant gas assets.,Jaya will assume all liabilities related to the operations of EEES, including tax, environmental,...
Kinetiko Energy's Commitment to Reliable, Cleaner Energy for South Africa
October 11, 2024 10:40 AM AEDT| By Team Kalkine MediaHeadlines,Kinetiko Energy enhances South Africa's energy security with innovative gas projects,Significant drilling milestones achieved, boosting confidence in gas reserves,Pioneering partnerships position Kinetiko as a leader in the energy transitio...
AMPYR Distributed Energy Acquires 100% Equity in Narromine Renewable Energy Project
October 10, 2024 07:16 PM AEDT| By Team Kalkine MediaKey Points:,AMPYR Distributed Energy will acquire 100% equity in the Narromine Renewable Energy Project through the conversion of a $10 million funding facility into project equity.,The project, a 6.7MWdc solar farm in central-west New South Wales, h...
Santos Secures $US800 Million Financing for Darwin LNG Upgrade to Process Barossa Gas
October 10, 2024 07:16 PM AEDT| By Team Kalkine MediaHighlights:,Santos Limited (,ASX:STO,) and partners secure $US800 million in loans to upgrade the Darwin LNG facility.,The financing includes two loans: a $US350 million, seven-year loan maturing in 2031 and a $US450 million, 12-year loan maturing in...
Pilot Energy Receives Non-Binding Offer for Three Springs Solar Project
October 09, 2024 01:04 PM AEDT| By Team Kalkine MediaKey Points:,Pilot Energy has received an $11.5 million non-binding offer for its Three Springs solar project.,The offer is contingent upon due diligence, internal approvals, and potential FIRB approval.,The sale will allow Pilot to reinvest capital i...
Brookside Energy Banks $4.3 Million in Early Revenues from SWISH Project Wells
October 08, 2024 02:59 PM AEDT| By Team Kalkine MediaHighlights,Brookside Energy has generated US$4.3 million in revenue from its four new wells at the SWISH Project, with daily production reaching 3,900 BOEPD.,The Field Development Master Plan (FMDP) is expected to produce 715,000 BOE in the first yea...
Japan Partners with Woodside on Methane Emissions Management
October 07, 2024 01:49 PM AEDT| By Team Kalkine MediaHighligts:,Partnership Formation,:,Woodside Energy Group Ltd (ASX: WDS) has signed a memorandum of understanding with the Japan Organisation for Metals and Energy Security (JOGMEC) to collaborate on methane emissions management.,Technological Develop...
Australian Energy Stocks Record Weekly Gains as Oil Prices Spike on Global Supply Fears
October 04, 2024 03:15 PM AEST| By Team Kalkine MediaKey Points:,Australian energy stocks rise 2%, hitting their highest levels since August 28.,The energy sub-index is up 3.6% this week, poised for its first weekly gain since March 1.,Oil prices surged overnight amid fears that the Middle East conflic...
Oil Prices Surge Amid Rising Tensions in the Middle East
October 04, 2024 11:42 AM AEST| By Team Kalkine MediaHighlights,Oil prices continue to rise amid Middle East tensions.,Concerns grow over potential disruption to Iran’s oil supply.,Brent crude approaches $78 as crude surges by 8% this week.,Oil prices continued to climb following one of the largest sin...
GreenHy2 (ASX:H2G) Secures $1.5 Million Agreement to Supply Hydrogen Storage System to Telstra
October 03, 2024 05:46 PM AEST| By Sonal GoyalHighlights,Agreement Details,: GreenHy2 Limited has signed a $1.5 million Federal Government Grant to supply its Hy2MEDI generation and storage system to Telstra, funded through the TDRI Program.,Technology Integration,: The Hy2MEDI system will integ...
Beach Energy Secures Gas Production Licenses Off Victoria
September 27, 2024 12:59 PM AEST| By Team Kalkine MediaBeach Energy (ASX: BPT) has successfully obtained gas production licenses for two new fields located off the coast of Victoria, a significant development announced by Federal Resources Minister Madeleine King. This decision is expected to enhance gas...
Viva Energy Group (ASX:VEA): A Look at Shareholder Returns and Fundamentals
September 24, 2024 02:01 PM AEST| By Team Kalkine MediaViva Energy Group Limited (ASX:VEA) has delivered a notable share price increase of 23% over the past three years, significantly outperforming the broader market return of 7.7% during the same period (excluding dividends). However, more recently, the...
Australian Energy Stocks Rally Amid Rising Oil Prices
September 24, 2024 01:50 PM AEST| By Team Kalkine MediaAustralian energy stocks have seen a notable uptick, with the sector's sub-index rising as much as 1.3% to reach its highest level since September 5. This rally marks the sub-index's sixth consecutive session of gains, indicating a positive trend for...
Blackmore Capital Exits Woodside (ASX:WDS) Amid Concerns, Shifts to REITs and Energy
September 24, 2024 11:52 AM AEST| By Team Kalkine MediaAmid a turbulent year for the energy sector, especially with falling oil prices, many investors are reevaluating their holdings in Australian energy stocks like Woodside Energy Group Ltd (ASX:WDS). Woodside's shares have been on a sharp decline in 20...
Australian Energy Sub-Index (AXEJ) Reaches Highest Level In a Month
September 20, 2024 01:02 PM AEST| By Team Kalkine MediaThe Australian energy sub-index .AXEJ has seen a notable uptick, gaining as much as 0.9% to hit its highest point since September 5. This rally puts the sub-index on track for its fourth consecutive session of gains, a promising trend that investors...
Debt Risk Analysis: Santos Limited (ASX:STO)
September 19, 2024 10:27 AM AEST| By Team Kalkine MediaInvestors are often concerned about the potential risks posed by debt, especially when it comes to capital-heavy companies like Santos Limited (ASX:STO). The company operates in an industry where significant capital investments are often necessary to...
Woodside (ASX:WDS) Shares Outperform ASX 200 Amid New LNG Agreement
September 18, 2024 02:53 PM AEST| By Team Kalkine MediaOn Wednesday, Woodside Energy Group Ltd (ASX:WDS) saw its share price gain 0.3%, trading at AU$24.20. This contrasts with a slight decline of 0.2% in the broader S&P/ASX 200 Index (ASX: XJO) at the same time. The modest uptick in Woodside's shares co...
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