Oil gas


 Oil Prices Climb Amid Falling U.S. Inventories and Cold Weather Boosting Demand

Oil Prices Climb Amid Falling U.S. Inventories and Cold Weather Boosting Demand

January 10, 2025 12:32 PM AEDT| By Team Kalkine Media

Highlights,Oil prices continue to rise despite concerns about China's economic weakness.,U.S. crude stockpiles at the Cushing hub have hit their lowest point in,nearly a,decade.,Political and weather factors are contributing to increased demand for o...

 Oil Market Calms Amid Supply Tightening Signals

Oil Market Calms Amid Supply Tightening Signals

January 09, 2025 11:29 AM AEDT| By Team Kalkine Media

Highlights,Oil prices steadied amid market volatility.,WTI crude remained above $73 per barrel, while Brent held near $76 per barrel.,Declining crude inventories at key US storage hubs signal tightening supply.,Oil prices stabilized after a highly fl...

 Oil Prices Climb Amid Shrinking U.S. Crude Inventories

Oil Prices Climb Amid Shrinking U.S. Crude Inventories

January 08, 2025 11:29 AM AEDT| By Team Kalkine Media

Highlights,Oil prices,rise,for a second consecutive day.,U.S. inventories record a potential seven-week decline.,West Texas Intermediate nears $75 per barrel.,Oil prices continued their upward trajectory for the second day, fueled by reports of decli...

 Could Omega Oil and Gas Unlock Vast Gas Resources in Queensland’s Taroom Trough?

Could Omega Oil and Gas Unlock Vast Gas Resources in Queensland’s Taroom Trough?

January 08, 2025 11:00 AM AEDT| By Team Kalkine Media

Highlights:,Omega Oil and Gas confirms high overpressure and favorable reservoir properties in Canyon-1H well.,Final preparations underway for fracture stimulation and flowback program, scheduled for February.,Success in Taroom Trough could help alle...

 Oil Market Faces a Setback as Technical Indicators Signal Overbought Conditions

Oil Market Faces a Setback as Technical Indicators Signal Overbought Conditions

January 07, 2025 12:18 PM AEDT| By Team Kalkine Media

Highlights,Oil prices face stabilization after a rally.,Technical indicators suggest a potential market overreaction.,Crude oil's upward momentum may struggle due to demand concerns and production shifts.,The oil market experienced a moment of stabil...

 Santos Fined $10k Over 2022 Oil Spill at Varanus Island Facility

Santos Fined $10k Over 2022 Oil Spill at Varanus Island Facility

January 07, 2025 12:17 PM AEDT| By Team Kalkine Media

Highlights,Santos Fined:,Energy giant Santos has been penalized $10,000 for failing to prevent a 25,000-litre oil spill off Western Australia's northwest coast in 2022.,Incident Details:,The spill, caused by a ruptured seabed pipeline, led to environ...

 ASX Energy Stocks Rise as Oil Prices Hit Highest Levels Since October 2024

ASX Energy Stocks Rise as Oil Prices Hit Highest Levels Since October 2024

January 06, 2025 01:09 PM AEDT| By Team Kalkine Media

Highlights,Energy Stock Gains: Shares of Australian energy stocks in the AXEJ sub-index rose by as much as 1%, reaching their highest levels since 23 October 2024.,Oil Price Surge: Oil prices remained near their highest levels since October, driven b...

 Oil Prices Steady Near Two-Month High Amid Market Optimism

Oil Prices Steady Near Two-Month High Amid Market Optimism

January 06, 2025 11:45 AM AEDT| By Team Kalkine Media

Highlights,Brent crude traded near $US77 a barrel, marking its highest levels in over two months.,West Texas Intermediate (WTI) hovered around $US74, supported by a positive sentiment in broader markets.,Asian equities,anticipated,gains after Wall St...

 Are ASX Energy Companies Set to Address Australia's Gas Supply Challenges?

Are ASX Energy Companies Set to Address Australia's Gas Supply Challenges?

January 06, 2025 11:00 AM AEDT| By Team Kalkine Media

Highlights:,Australia faces ongoing natural gas supply challenges, with concerns extending into the near future.,ASX-listed companies are expanding production capabilities to meet increasing energy demand.,Key updates include Omega Oil & Gas's tests...

 Red Sky Energy Faces Mixed Reactions to Angola Oil Venture

Red Sky Energy Faces Mixed Reactions to Angola Oil Venture

January 03, 2025 04:31 PM AEDT| By Team Kalkine Media

Highlights,Strategic Angola Deal:,Red Sky Energy (ASX:ROG) secures a 35% stake in Angola’s offshore Block 6/24 in the Kwanza Basin, alongside Sonangol (50%) and Acrep (15%).,Investor Concerns:,Despite the milestone, Red Sky’s market value dropped by...

 Invictus Energy Completes Second Tranche of US$10 Million Institutional Placement

Invictus Energy Completes Second Tranche of US$10 Million Institutional Placement

December 31, 2024 12:28 PM AEDT| By Team Kalkine Media

Highlights,Invictus Energy completes second tranche of US$10 million institutional placement, raising US$3.5 million.,The company accepts oversubscriptions totaling US$2 million, increasing the total funds raised.,Invictus now offers a secondary list...

 Why shares of Australian Oil Company jumped 25% on Monday?

Why shares of Australian Oil Company jumped 25% on Monday?

December 30, 2024 01:30 PM AEDT| By Team Kalkine Media

Highlights,Australian Oil received a A$300,000 payment from Blue Sky Resources under the revised Omnibus Settlement Agreement.,The company is set to acquire a pipeline from Pacific Gas and Electric Company, with expected connections to its Rec Board...

 Pilot Energy Announces Significant Increase in Cliff Head Carbon Storage Resource

Pilot Energy Announces Significant Increase in Cliff Head Carbon Storage Resource

December 24, 2024 12:02 PM AEDT| By Team Kalkine Media

Highlights:,Resource Growth,: The contingent storage resource for the Cliff Head Carbon Storage Project has increased by 58%, from 45.6 million tonnes to 72.2 million tonnes (100% basis).,Enhanced Geological Models,: Refinements in geological and dyn...

 ReNu Energy Sells Legacy Geothermal Assets to Hydro Lit in $700,000 Deal

ReNu Energy Sells Legacy Geothermal Assets to Hydro Lit in $700,000 Deal

December 24, 2024 11:44 AM AEDT| By Team Kalkine Media

Highlights,Asset Overview:,The deal includes legacy geothermal data, samples, and Geothermal Retention Licence 3 (GRL 3) in South Australia’s Cooper Basin, subject to regulatory approval.,Lithium Opportunity:,Hydro Lit aims to leverage the assets for...

 Paladin Energy Completes Acquisition of Fission Uranium, Strengthens Global Uranium Portfolio

Paladin Energy Completes Acquisition of Fission Uranium, Strengthens Global Uranium Portfolio

December 24, 2024 11:18 AM AEDT| By Team Kalkine Media

Highlights,Acquisition Completed:,Paladin acquires 100% of Fission Uranium, strengthening its uranium portfolio.,PLS Project Focus:,Paladin plans to optimize Fission's Patterson Lake South project feasibility study.,Leadership Transition:,Fission’s C...

 Whitebark Energy to Acquire King Energy in Strategic Takeover Deal

Whitebark Energy to Acquire King Energy in Strategic Takeover Deal

December 20, 2024 02:15 PM AEDT| By Team Kalkine Media

Highlights,Major Acquisition:,Whitebark Energy signs a Bid Implementation Agreement to acquire King Energy.,Access to Valuable Resources:,King Energy owns 70% of the Alinya Project, hosting significant prospective resources of hydrogen, helium, and h...

 Diatreme Partners with Mitsui in Solar Boom Opportunity

Diatreme Partners with Mitsui in Solar Boom Opportunity

December 11, 2024 05:02 PM AEDT| By Team Kalkine Media

Highlights,Diatreme Resources signs a non-binding Memorandum of Understanding (MOU) with Mitsui for potential silica supply.,Mitsui shows interest in Diatreme’s Queensland silica sands projects as solar panel manufacturing accelerates.,The collaborat...

 Can Santos Ltd (ASX: STO) Bounce Back in FY25 After a Tough 2024?

Can Santos Ltd (ASX: STO) Bounce Back in FY25 After a Tough 2024?

December 06, 2024 01:55 PM AEDT| By Team Kalkine Media

Highlights,Santos shares down 12% in 2024 amid strong equity market growth,Analysts expect 10% earnings growth and a 34% potential return in FY25,Pikka and Barossa LNG projects could drive free cash flow growth,Santos Ltd (ASX:STO), an Australian oil...

 Woodside Energy Secures EPC Contract for Louisiana LNG Project, Eyes Final Investment Decision in Q1 2025

Woodside Energy Secures EPC Contract for Louisiana LNG Project, Eyes Final Investment Decision in Q1 2025

December 05, 2024 03:49 PM AEDT| By Team Kalkine Media

Highlights,Project Scope,: The contract covers the foundation development for three production trains, with a total capacity of 16.5 million tons per annum (MTPA).,Investment Timeline,: Woodside aims to make its final investment decision (FID) by Q1...

 Woodside (ASX: WDS) Shows Resilience, Ending November with Positive Performance Amid Challenges

Woodside (ASX: WDS) Shows Resilience, Ending November with Positive Performance Amid Challenges

December 02, 2024 03:47 PM AEDT| By Team Kalkine Media

Highlights:,After a tough October, Woodside’s share price rose 3.1% in November, outperforming its previous performance and showing resilience.,Despite global oil prices remaining steady, Woodside faced challenges in 2024, with oil prices starting th...

AU_advertise

Advertise your brand on Kalkine Media

Recent Articles






Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.