Oil gas
Australian Energy Giant Woodside Initiates Senegal-bound FPSO for Sangomar Project
December 27, 2023 04:04 PM AEDT| By Team Kalkine MediaAustralia's Woodside Energy (ASX: WDS), in its recent update, has declared the mobilization of a floating production storage and offloading (FPSO) unit for the Sangomar project, en route to Senegal. Anticipated to commence operations by mid-2024, thi...
How did Santos (ASX: STO) Perform in 2023
December 26, 2023 01:21 PM AEDT| By Team Kalkine MediaSantos Ltd (ASX: STO) has showcased a 7.06% year-to-date increase as the final trading days of 2023 approach. The stock commenced the year at AU$7.08 apiece and is presently trading at AU$7.58 apiece.,Current Stock Performance and Dividend Analysis,D...
Shares of Australia's Central Petroleum (ASX: CTP) Surge. Know why.
December 22, 2023 05:05 PM AEDT| By Team Kalkine MediaThe Australian stock market witnessed a significant upturn in Central Petroleum's (ASX: CTP) shares, marking a substantial increase of 6.98% to AU$0.046 apiece (at 1:50 PM AEDT). This article explores the reasons behind this surge, the recent agreeme...
Boss Energy's Uranium Sales Agreement and Market Reaction
December 21, 2023 04:52 PM AEDT| By Team Kalkine MediaBoss Energy Ltd (ASX: BOE), a prominent player in the uranium sector, is in focus as it announces a significant sales agreement. This article delves into the details surrounding this agreement and its impact on the company's market performance.,Despi...
Woodside Energy's LNG Supply Agreement with Pilbara Minerals
December 21, 2023 03:10 PM AEDT| By Team Kalkine MediaWoodside Energy (ASX: WDS), a prominent figure in the energy industry, announced a significant development on Thursday regarding its engagement with Pilbara Minerals (ASX: PLS), emphasizing the signing of a sales and purchase agreement. This pact ent...
AGL Energy's Milestone Decision: 500 MW Liddell Battery Project
December 19, 2023 05:02 PM AEDT| By Team Kalkine MediaAGL Energy Ltd (ASX: AGL) has recently announced a pivotal investment decision, marking a significant leap in the renewable energy sector with the 500 MW Liddell Battery Project.,The company has reached the final investment decision on this monumenta...
Santos, JX, and ENEOS: A Joint Initiative in Carbon Capture and Storage
December 18, 2023 06:48 PM AEDT| By Team Kalkine MediaSantos, in collaboration with JX and ENEOS, is embarking on a groundbreaking venture focusing on carbon capture and storage (CCS), aiming to significantly contribute to environmental sustainability and mitigate carbon emissions.,Expanding the Moomba...
What can be expected for the AGL share price in 2024?
December 18, 2023 05:58 PM AEDT| By Team Kalkine MediaThe AGL Energy Ltd (ASX: AGL) share price has experienced a downward drift since August, marking a 25% decline, although it remains up by 13% for the year 2023. Investors are now questioning what 2024 holds for this,ASX energy share,, especially cons...
AGL Energy (ASX: AGL) in Decline: Macquarie's Price Target Cut and Earnings Estimate Reductions
December 15, 2023 06:32 PM AEDT| By Team Kalkine MediaIn the dynamic landscape of the energy market, Australia's,AGL Energy (ASX: AGL),encountered a dip in its stock, experiencing a decline of up to 3.14% to A$9.23. This downturn comes as analysts at Macquarie revised their price target (PT) on the elec...
Shares of Viva Energy (ASX: VEA) Reach Record High Amidst Proposed Acquisition
December 14, 2023 05:25 PM AEDT| By Sonal GoyalThe stock market witnessed a remarkable surge in Viva Energy's shares (ASX: VEA), marking an impressive 6.07% climb to AU$3.32 apiece, attaining a record high. This surge has been a continuous trend over the last three days, portraying a substantial...
Understanding the Abrupt Decline in Oil Prices
December 13, 2023 08:39 PM AEDT| By Team Kalkine MediaThe oil price took a sharp downturn, impacting S&P/ASX 200 Index,oil and gas stocks,. While the ASX 200 saw a 0.4% increase, the S&P/ASX 200 Energy Index (ASX: XEJ) experienced a 0.8% decline.,Brent crude plummeted 4.8% overnight, falling from US$76....
What Should Investors Anticipate from ASX Energy Stocks in 2024?
December 12, 2023 10:42 PM AEDT| By Team Kalkine MediaThe performance of,ASX energy shares,in 2023 has been marked by significant swings amid volatile energy prices, particularly in the context of Brent crude oil. While the S&P/ASX Energy Index (XEJ) is down 5.4% for the year, the broader ASX has gained...
Santos and Woodside Merger Discussions Stir Market Interest
December 11, 2023 08:03 PM AEDT| By Team Kalkine MediaAmidst the evolving landscape of the energy sector, two major players, Santos (ASX: STO) and Woodside (ASX: WDS), have entered preliminary talks regarding a potential merger. This development has captured the attention of market analysts and investor...
Santos and Woodside Energy in Talks for Potential Merger
December 08, 2023 05:42 PM AEDT| By Team Kalkine MediaThe recent news of discussions between Santos and Woodside Energy regarding a potential merger has sparked significant market interest. Exploring the potential impact, market responses, and analyst insights is crucial to understanding this developmen...
Acquisition Attempt by Brookfield: Evaluating the Origin Energy Shareholder Vote
December 08, 2023 05:28 PM AEDT| By Team Kalkine MediaThe recent attempt by Brookfield Renewable Partners LP and Brookfield Asset Management Ltd. to acquire Origin Energy Ltd. encountered a significant obstacle as the shareholder vote results fell short of the required approval.,Brookfield Renewable Par...
Woodside Energy Group Ltd Sees 1.05% Rise in Stock Value on Wednesday
December 06, 2023 05:12 PM AEDT| By Team Kalkine MediaWoodside Energy Group Ltd (ASX: WDS) witnessed a notable surge in its shares, experiencing a 1.05% increase to close at AU$29.84 on Wednesday. This remarkable rise stands as the most substantial intraday percentage gain since November 24, signaling i...
RBC Capital Markets Revises Origin Energy's Price Target
December 05, 2023 06:33 PM AEDT| By Team Kalkine MediaOrigin Energy (ASX: ORG) experienced a notable shift in its market dynamics following RBC Capital Markets' upward revision of its price target. This article delves into the impact of this assessment on ORG's market performance and its repercussions f...
Why Did the Woodside Share Price Drop by 9% in November?
December 04, 2023 04:17 PM AEDT| By Team Kalkine MediaThe Woodside Energy Group Ltd (ASX: WDS) is encountering a challenging phase as its share price experiences a significant decline. Falling 9% in November 2023 and down approximately 20% since mid-September 2023, investors are keen to understand the f...
Origin Energy's Bid Rejection: Shareholder Meeting Drama
December 04, 2023 03:42 PM AEDT| By Team Kalkine MediaInvestors associated with (ASX: ORG) of Origin Energy have opposed an AU$10.6 billion bid from a consortium led by Brookfield, Australia's largest power retailer, during a shareholder meeting held on4 December 2023. Details displayed to attendees rev...
Origin Energy's Stand Against Brookfield's Takeover Bid of AU$19 billion
November 30, 2023 12:53 PM AEDT| By Team Kalkine MediaIn the realm of high-stakes corporate maneuvers, the recent tussle between Origin Energy Ltd. (ASX: ORG) and Brookfield Asset Management Ltd. has captured widespread attention. Origin Energy's resolute rejection of a backup deal proposed by Brookfiel...
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