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Oil gas
What’s driving ASX energy index on Tuesday?
March 26, 2024 12:25 PM AEDT| By Team Kalkine MediaAustralian energy stocks surged is climbing as much as 1.39% on Tuesday morning to reach its peak since February 16. This increase came on the heels of oil prices settling higher on Monday, driven by a combination of factors. Orders from the Russian...
Australian technology index up 1.47% on Monday. Here’s why.
March 25, 2024 12:46 PM AEDT| By Team Kalkine MediaThe Australian technology sub-index surged by up to 1.47%, reaching its peak level since November 22, 2021. This upward movement was propelled by gains observed in its counterpart on Wall Street.,Leading tech giants within the Australian market, such...
ASX energy stocks dropped on Friday as oil prices plummet
March 22, 2024 04:33 PM AEDT| By Team Kalkine MediaAustralian energy stocks experienced a notable decline, dropping by as much as 1.30% during intra-day trading. This decline marks the largest intra-day loss observed since March 11. The downturn in energy stocks can be attributed to several key facto...
Why are Ampol (ASX: ALD) shares in spotlight today?
March 21, 2024 06:55 PM AEDT| By Team Kalkine MediaAmpol Ltd (,ASX: ALD,) is making waves in the energy sector as it continues to achieve new milestones. Amidst a positive day for the S&P/ASX 200 Index and various ASX 200 shares, Ampol stands out by reaching a fresh all-time high.,The S&P/ASX 200 Ind...
Shares of Strike Energy (ASX: STX) jump following gas transportation agreement
March 12, 2024 04:24 PM AEDT| By Team Kalkine MediaIn a remarkable turn of events, shares of Strike Energy (,ASX: STX,) soared by as much as 7.14% to AU$0.22 apiece on 12 Mrach 2024. This surge catapulted the company's stock to its highest level since February 23, sparking excitement among investors...
Why Australian Energy Stocks Fell Today?
March 11, 2024 05:46 PM AEDT| By Team Kalkine MediaInvestors are closely monitoring the recent downturn in Australian energy stocks (INDEXASX: XEJ), marked by a 2.07% fall, reaching their lowest levels since Dec. 13. This article provides an overview of the market dynamics influencing this decline an...
Japan's Electric Power Giant J-Power Makes a Splash with a Bid for Genex Power (ASX: GNX)
March 04, 2024 02:04 PM AEDT| By Team Kalkine MediaJapan's Electric Power Development, also known as J-Power, is making headlines as it lodged a substantial AU$380.9 million ($248.69 million) bid for the Australian renewable energy firm Genex Power (,ASX: GNX,). This move reflects Japan's growing app...
Ampol (ASX: ALD) Share Price Dive on Friday: Unpacking the Underperformance
March 01, 2024 11:35 AM AEDT| By Team Kalkine MediaThe Ampol Ltd (ASX: ALD) share price is undergoing a significant dip today, sparking concerns among investors. In this article, we'll delve into the details surrounding this market development, exploring the factors contributing to the underperforman...
Woodside Energy (ASX: WDS) Projects 50% Surge in LNG Consumption Anticipated
February 28, 2024 01:44 PM AEDT| By Team Kalkine MediaIn a recent interview, CEO Meg O'Neill shared Woodside Energy Group Ltd.'s (,ASX: WDS,) optimistic forecast, anticipating a remarkable 50% surge in liquefied natural gas (LNG) consumption over the next decade. This projection positions Woodside as a...
Woodside Energy (ASX: WDS) inks US$1.4B to divest its Scarborough LNG project to Jera
February 26, 2024 06:57 PM AEDT| By Team Kalkine MediaWoodside Energy Group Ltd (,ASX: WDS,) has entered into a substantial agreement, worth a staggering US $1.4 billion, to divest a 15.1% interest in its flagship Scarborough liquefied natural gas (LNG) project to Jera Co, Japan's preeminent power produ...
Woodside Energy Group (ASX: WDS) Strikes a AU$1.4 Billion Deal
February 23, 2024 06:18 PM AEDT| By Team Kalkine MediaIn a groundbreaking move, Woodside Energy Group (,ASX: WDS,) has entered into a monumental deal, selling a 15.1% stake in its flagship Scarborough liquefied natural gas (LNG) project to Jera Co., Japan's largest power producer. This AU$1.4-billion ag...
APA’s (ASX: APA) profit surges in recent half, driven by acquisition of Alinta Energy Pilbara
February 22, 2024 11:39 AM AEDT| By Team Kalkine MediaThe energy sector witnessed a significant milestone as APA Group (,ASX: APA,) reported a remarkable surge in its half-year net profit, showcasing early benefits from its strategic acquisition of Alinta Energy Pilbara. This article delves into the fin...
Santos (ASX: STO) faces 42% fall in underlying profit amidst challenges in international energy market
February 21, 2024 06:28 PM AEDT| By Team Kalkine MediaIn a recent revelation, Australian oil and gas producer Santos (ASX: STO) disclosed a significant 42% drop in its annual underlying profit. This downturn is attributed to the persistent weakness in commodity prices, primarily influenced by the fluctu...
Is Woodside's 11.3% dividend yield for real?
February 20, 2024 07:45 PM AEDT| By Team Kalkine MediaWoodside Energy Group Ltd's (,ASX: WDS,) share price has experienced a notable decline today, prompting attention to its substantial dividend yield. At the time of writing, Woodside shares are trading at $30.10, marking a decline of 1.42% for the day...
Why is Strike Energy's share price plummeting 31% today?
February 20, 2024 07:43 PM AEDT| By Team Kalkine MediaThe Strike Energy Ltd (,ASX: STX,) share price has experienced a significant downturn in afternoon trade, plummeting by 31% to 20 cents. This decline marks a staggering 55% decrease since this time last month, signaling a troubling trend for investor...
Ampol (ASX: ALD) Delivers Stellar Financial Performance, Shares React
February 19, 2024 05:48 PM AEDT| By Team Kalkine MediaIn a remarkable turn of events, shares of Ampol Ltd (,ASX: ALD,) experienced an impressive surge of 0.77% on 19 February 2024, reaching an all-time high of AU$37.88 apiece. Let's delve into the key factors propelling this notable ascent.,Financial Tr...
ASX 200 energy stock Ampol surges on record 2023 sales
February 19, 2024 05:28 PM AEDT| By Team Kalkine MediaAmpol Ltd (,ASX:ALD,), a key player in the energy sector listed on the S&P/ASX 200 Index (ASX: XJO), has shown significant gains in today's trading session. With shares closing at $37.59 on Friday, the petroleum refiner and fuel distributor has seen...
Origin's share price increases as profits soar to almost $1 billion.
February 15, 2024 07:00 PM AEDT| By Team Kalkine MediaThe Origin Energy Ltd (,ASX: ORG,) share price is on the rise on Thursday morning following the release of its FY2024 first-half results. Australia's largest listed utilities company by market capitalization has seen its shares climb 3% to $8.83 as o...
Strike Energy (ASX: STX) faces setback in South Erregulla-3, share price falls
February 13, 2024 04:14 PM AEDT| By Team Kalkine MediaIn a surprising turn of events, Australia's energy exploration company, Strike Energy (,ASX: STX,), experiences a sharp decline, plummeting as much as 31% to AU$0.290 on 13 February 2024.,The impact of this downturn is further magnified as STX claims...
What’s driving Beach Energy (ASX: BPT) shares on Monday?
February 12, 2024 04:19 PM AEDT| By Team Kalkine MediaShares of Beach Energy (,ASX: BPT,) have experienced a remarkable 3.93% surge on 12 February, reaching a peak at AU$1.72 apiece. Let’s dive into the details of this significant market movement.,Beach Energy's Revenue Soars,Explore the financial lands...
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