Energy

Brookside Energy Ltd (ASX:BRK) Secures Credit Facility to Fuel Growt...

Highlights,Brookside Energy Ltd has secured a US$25 million credit facility to support growth initiatives.,The facility offers financial flexibility w...

Buru Energy Ltd Secures Funding to Drive Exploration and Production

Highlights,Buru Energy Ltd secures $3 million for the Rafael Shallow 1 oil exploration well.,The company ends its farm-in agreement with Sabre Energy,...

Strike Energy (ASX:STX) Navigates Financial Strain Amid Balance Shee...

Highlights,Strike Energy has AU$17.1 million in net cash as of June 2024,.,The company improved its EBIT to AU$2.5 million from a loss last year,.,Str...

Buru Energy Ltd (ASX:BRU) Secures New Funding to Propel Strategic In...

Highlights,Buru Energy Ltd ends agreements with Sabre Energy and secures new funding.,The company will drill the Rafael Shallow 1 well, focusing on th...

Triangle Energy Joint Venture Moves Ahead with North Perth Basin Dri...

Highlights,Triangle Energy's joint venture secures environmental plan approval.,The Becos-1 well targets oil reservoirs with up to 5 million barrels.,...

AGL Energy Secures Long-Term Power Contract with Portland Smelter

Highlights:,AGL Energy Limited (,ASX,:AGL,) has secured a new 287 MW electricity supply contract with a Portland smelter, set to begin in mid-2026, ex...

Is Peninsula Energy's (ASX:PEN) Cash Burn a Concern?

Highlights,Peninsula Energy has a cash runway of about 3.5 years based on its current cash reserves.,The company’s cash burn increased by 285%, with o...

Worley (ASX:WOR) Delivers Impressive 66% Returns for Investors Over...

Highlights,Worley Limited has delivered a 66% return to investors over the past three years,.,The company achieved a remarkable 54% annual growth in e...

Oil Market Dynamics Amid OPEC+ Supply Adjustments

The global oil market is once again in the spotlight as the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, commonly referred...

ADX Energy Advances Hydrocarbon Exploration with Promising Prospects...

Highlights,ADX Energy is set to test two major reservoirs to assess hydrocarbon characteristics and productivity.,Preliminary findings suggest the Wel...

Western Australia's Domestic Gas Policy Faces Transformative Changes

Highlights,The WA government,modifies,its Domestic Gas Policy, allowing onshore gas exports to stimulate market development.,Companies like Beach Ener...

Focus Shifts to Taroom Trough as Gas Supply Crisis Deepens

Highlights,Taroom,Trough,emerges,as a solution for the east coast gas crisis, drawing interest from Shell and Omega Oil & Gas (,ASX:OMA,).,Omega Oil &...

Investor Discontent with Woodside Energy (ASX:WDS) Amid Strategic Co...

Woodside Energy (ASX:WDS), one of Australia’s leading oil and gas producers, has recently encountered dissatisfaction among investors, with some optin...

Worley Secures Five-Year Agreement for Service Provision in Oman

Worley Ltd,(ASX:WOR),has announced securing a five-year agreement to provide services for Petroleum Development Oman (PDO) in the northern concession...

Omega Oil and Gas Begins Horizontal Drilling at Canyon-1 Well

Omega Oil and Gas Ltd (ASX: OMA) has commenced a significant drilling operation at its Canyon-1 well, located approximately 140 kilometers southeast o...

Provaris Energy Proposes Acquisition of Prototype Hydrogen Tank Prod...

Provaris Energy Ltd,(ASX:PV1),continues to advance its prototype hydrogen tank restart program at the Fiskå Facility in Norway. The company has recent...

Asia Powers Global Expansion with Growing Demand for Gas

According to the International Energy Agency's Q3 2024 gas report, the Asian region accounted for 60% of the 3% year-on-year increase in global gas de...

88 Energy (ASX:88E) Upgrades Project Phoenix Resources by 50%

88 Energy Ltd (ASX:88E) has announced a substantial upgrade to the contingent resources at Project Phoenix, located in Alaska. The revised estimate re...

Elixir Highlights Opportunities in Queensland’s Taroom Trough

Elixir Energy Ltd,(ASX: EXR),is positioning itself as a potential solution to the energy crisis affecting Australia’s east coast. At the RIU Essential...

Provaris Energy (ASX:PV1) Positioned for Advantage After Australia-G...

Australia and Germany have strengthened their collaboration on the development of green hydrogen supply chains, committing substantial funding through...