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Energy
Santos Faces Cost Hike in Alaska Oil Project Amid New Developments
October 17, 2024 02:00 PM AEDT| By Team Kalkine MediaHighlights,Santos reports a 20% cost increase in its Alaska oil project,.,Moomba carbon capture and storage (CCS) project is now fully operational,.,Barossa gas project reaches over 82% completion with production set for 2025,.,Santos Limited has rep...
Gold Hydrogen Announces Exceptional Helium Purity at Ramsay Project
October 17, 2024 01:41 PM AEDT| By Team Kalkine MediaHighlights,Gold Hydrogen reports helium purities of 36.9% at Ramsay Project.,Australia's highest helium purity ceiling recorded at 25% in past data.,GHY explores further drilling opportunities based on these results.,Gold Hydrogen (ASX:GHY) has revea...
Insights Into Australis Oil & Gas's Debt Utilization Provided
October 16, 2024 09:44 PM AEDT| By Team Kalkine MediaHighlights:,Debt Levels:,Australis Oil & Gas Limited reported US$11.3 million in debt as of June 2024, with net debt standing at approximately US$3.6 million after accounting for cash reserves.,Balance Sheet Concerns:,The company has total liabilitie...
Resources Energy Group Restarts Gold Mining at East Menzies Project
October 16, 2024 03:58 PM AEDT| By Team Kalkine MediaHighlights,Resources Energy Group resumes gold mining at East Menzies.,Initial gold pour expected within weeks.,Trial vat leach program to support long-term operations.,Resources Energy Group,(ASX:REZ),has officially restarted gold mining operations...
Aura Energy Progresses Critical Projects Amid Rising Clean Energy Demand
October 16, 2024 03:52 PM AEDT| By Team Kalkine MediaHighlights,Aura Energy focuses on two key projects amid clean energy demand.,Tiris,Uranium Project and,Häggån,Polymetallic Project show significant resource potential.,Global supply deficit of uranium supports the company’s growth prospects.,Aura Ene...
Whitehaven Coal Faces Criticism Over Executive Bonus Structure
October 16, 2024 03:34 PM AEDT| By Team Kalkine MediaHighlights,Whitehaven Coal faces criticism over its executive bonus structure,.,Proxy adviser CGI Glass Lewis opposes the company’s 2024,remuneration,plan,.,Whitehaven disputes the proxy adviser’s calculations ahead of its annual meeting.,Whitehaven...
Greenvale Energy (ASX:GRV) Expands Uranium Portfolio with Tobermorey Project Acquisition
October 16, 2024 02:13 PM AEDT| By Team Kalkine MediaHighlights,Greenvale Energy to,acquire,up to an 80% stake in,Tobermorey,Uranium Project.,Acquisition strengthens Greenvale's Australian energy portfolio.,Project includes shallow drilling targets for cost-effective exploration.,Greenvale Energy,(ASX:...
Senegal Oil Drives Record Quarter for Woodside Energy
October 16, 2024 01:37 PM AEDT| By Team Kalkine MediaHighlights,Woodside Energy reports record production driven by Senegal's,Sangomar,oil project.,Full-year production guidance revised upwards; capital investment forecast reduced.,Woodside’s LNG projects and US acquisitions expand its portfolio.,Woods...
Peninsula Energy Advances Lance Project Construction for Uranium Restart
October 16, 2024 11:17 AM AEDT| By Team Kalkine MediaHighlights,Peninsula Energy's Lance Project,remains,on track for uranium production by December 2024.,Significant construction milestones have been achieved at the Wyoming-based site.,Regulatory approval received, enabling full operational activities...
Buru Energy's Rafael Shallow 1 Drilling Progresses Smoothly in Canning Basin
October 15, 2024 11:54 AM AEDT| By Team Kalkine MediaHighlights,Rafael Shallow 1 drilling making steady progress in Western Australia.,Buru Energy leads the operation with,a strong,joint venture backing.,The well aims to reach critical target depth within the month.,Buru Energy Ltd,(ASX:BRU),is advanci...
Ampol Reports Fuel Sales Volume of 6.5 Billion Litres in Q3 2024
October 15, 2024 11:45 AM AEDT| By Team Kalkine MediaHighlights,Ampol announces fuel sales volume at 6.5 billion,litres,in Q3 2024.,Initial cost reductions of $50 million expected in 2025.,Refinery operations,impacted,by global market challenges and one-off events.,Ampol Limited (ASX:ALD) reported its...
New Hope (ASX:NHC) Shows Efficient Capital Allocation
October 14, 2024 11:29 AM AEDT| By Team Kalkine MediaHighlights,New Hope sees,strong,improvement in return on capital.,ROCE has increased by 63% over the past five years.,Current liabilities have grown, contributing to higher ROCE.,A key sign of business growth can be observed through improving returns...
Elixir Energy's Flow Rates Disappoint as US Inflation and China's Stimulus Stir Markets
October 11, 2024 05:19 PM AEDT| By Team Kalkine MediaHighlights,Elixir Energy's Daydream-2 well flow rates fell below expectations.,US inflation came in 0.1% higher than expected.,China's stimulus efforts received mixed reactions in global markets.,Elixir Energy (ASX: EXR) has been making headlines rec...
Kinetiko Energy (ASX:KKO) Boosts Gas Projects for South Africa’s Energy Shift
October 11, 2024 03:49 PM AEDT| By Team Kalkine MediaHighlights,Kinetiko Energy Ltd focuses on advancing its gas projects in South Africa.,The Mpumalanga Project is key to supporting South Africa's energy transition.,Upcoming production tests aim to refine models for commercial gas flow.,Kinetiko Energ...
Lithium Market Dynamics: ASX Stocks Soar While Commodity Prices Lag
October 11, 2024 09:40 AM AEDT| By Team Kalkine MediaHeadlines,ASX lithium stocks experience significant price gains driven by positive news.,Discrepancies between stock price increases and commodity prices raise questions.,Insights from major broker Goldman Sachs suggest cautious optimism ahead.,ASX l...
Energy Stocks Surge as Hurricane Disruptions Drive Oil Prices Higher
October 11, 2024 09:00 AM AEDT| By Team Kalkine MediaHeadline,Australian markets opened lower, influenced by Wall Street's decline and economic indicators.,Energy stocks gained momentum due to hurricane-related spikes in oil prices.,Ongoing discussions regarding Rio Tinto's acquisition of Arcadium Lith...
ASX200 Nears All-Time High as Energy and Lithium Stocks Surge
October 10, 2024 09:10 AM AEDT| By Team Kalkine MediaHeadlines,ASX200 Approaches Record Levels,Energy Sector Shows Strong Performance,Arcadium Lithium Sees Significant Gains,The,ASX200,index has shown an increase of nearly half a percent, reaching over 8,200 points in afternoon trading. The index is cl...
Energy Metals and Elevate Uranium Report Positive Bigrlyi Project Results
October 08, 2024 06:51 PM AEDT| By Team Kalkine MediaHighlights,Energy Metals and Elevate Uranium report strong drilling results at Bigrlyi project.,Drilling has revealed uranium grades exceeding 10,000 ppm U₃O₈ in multiple sub-deposits.,Revised mineral resource estimate (MRE) expected after assay resu...
Brookside Energy Sees Strong Start at Flames Maroons Wells in Oklahoma
October 08, 2024 03:58 PM AEDT| By Team Kalkine MediaHighlights,Brookside Energy reports strong initial production from its Flames Maroons wells.,The wells have generated US$4.3 million in revenue and produced 80,000 barrels of oil equivalent (BOE).,Daily production is currently around 3,900 BOE per da...
TMK Energy Begins Drilling New Pilot Wells in Mongolia's Gobi Region
October 08, 2024 02:27 PM AEDT| By Team Kalkine MediaHighlights,TMK Energy begins drilling at its Gurvantes XXXV project in Mongolia.,Three pilot wells are planned under the Lucky Fox Project.,The campaign aims to boost gas production with advanced technology and techniques.,Mongolia-based energy explo...
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