From WDS to YAL: How are ASX energy stocks faring?

Highlights As oil has retraced from its recent highs, a few ASX oil companies might feel to witness some erosion of high-profit margins. AJQ, GGX and PCL are three ASX energy stocks that have fallen the most since last week. Volatility in ener...

Highlights Shares of Top End Energy traded strongly on its ASX debut, with the stock trading at double its IPO price at one point during the intraday trading session. The company raised AU$6,400,000 in IPO by issuing 32 million shares at an iss...

Highlights Increased global energy demand coupled with the Russia-Ukraine war is expected to drive the demand for non-Russian oil & gas. The war is expected to change the global energy dynamics, with the US pushing more of its oil & gas...

l> Since the declaration of war by Russia on Ukraine, prices in the energy markets have been on a tear. Brent crude oil, which was trading around US$97 per barrel, skyrocketed to around US$139 per barrel as the war intensified. Image Source: &c...

Highlights Karoon Energy has signed an exclusivity agreement with Enauta, a Brazilian oil and gas explorer for the proposed 50% acquisition of oil field in Brazil. The offer presented by Karoon, and the exclusivity agreement is valid till 31 Ma...

Highlights Sacgasco chose Blue Sky to exercise farmin rights at the Nandino prospect. The Sacgasco share price has fallen by 10% in a year. The S&P/ASX200 Energy sector also closed in red today. The shares of the oil and gas explorer ...

Highlights Crude oil prices tumbled on Tuesday. The prices of both oil benchmarks tumbled nearly 7% on Monday. Both Russia and Ukraine were set to meet on Tuesday in Istanbul for their initial peace talks in over two weeks. Crude oil pric...

Highlights Carnarvon is expected to place 234.8 million shares to professional investors to raise AU$70 million.   The funding will mainly be used towards the Dorado development project.   Carnarvon has also decided to keep...

Highlights The European Union is contemplating additional sanctions against Russia and may put an embargo on Russian oil imports. During a meeting with EU officials, OPEC raised concerns over the embargo and its effect on oil prices. WTI crude...

Highlights Gull announced on Thursday that it would provide a 15 cent per litre discount to motorists at all its fuel outlets across NZ till Friday. NZO is reviewing financing options and formulating a plan for development work in certain regio...