Oil gas

Viva Energy Reports Sales Growth in 3QFY24 Amid Challenging Market C...

Key Points,Viva Energy announced a 3.0% year-on-year increase in total group sales volumes, reaching 4.2 billion litres for the third quarter of 2024....

Melbana Energy Shares Surge Over 10% on Strong Q3 2024 Update, Meets...

Highlights,Unit 1B development approved, first oil export planned by end of 2024.,New exploration permit granted in WA, seismic data interpretation on...

Oil Faces Largest Weekly Loss Amid Supply and Demand Concerns

Highlights,Oil prices on track for largest weekly drop in over a month.,US oil inventories decreased, but production hit record levels.,Brent and WTI...

Beach Energy Shares Surge After Strong Q1 Production and Revenue Rep...

Highlights:,Beach Energy reported a 10% quarter-on-quarter increase in production, reaching 5.2 MMboe, driven by key project completions and operation...

Oil Prices Rise Amid Global Supply Concerns and Middle East Tensions

Highlights,Oil prices rose after recent declines amid global supply concerns.,Tensions in the Middle East impact production risks and market stability...

Oil Prices Steady Amid Geopolitical Concerns and Supply Outlook

Highlights:,Oil prices stabilize after recent fluctuations driven by geopolitical tensions.,Traders,monitor,potential risks in the Middle East and US...

Peninsula Energy Progresses Towards Uranium Production Restart at La...

Highlights,Peninsula Energy has completed essential construction tasks at its Lance Project, including concrete work, installation of structural steel...

Woodside Records Significant Growth in Third Quarter 2024, Eyes Majo...

Key Points:,Woodside achieved record quarterly production of 53.1 MMboe, with a 21% increase in revenue, driven by Sangomar oil production and higher...

Australian Energy Sub-Index Hits Lowest Level Since October Amid Fal...

Key Points,The Australian energy sub-index fell 1.1%, hitting its lowest level since October 1, amid a 2% drop in oil prices and OPEC's lowered demand...

Santos Shares Decline to Lowest Level Since October Amid Analyst Dow...

Key Points,Santos shares fell 1.5% to AU$7.07 following a downgrade by Macquarie.,Macquarie lowered its price target for Santos to AU$8.65 and reduced...

Cooper Energy Achieves Record Production and Revenue in First Quarte...

Key Points:,Cooper Energy achieved record production of 6.85 PJe and revenue of $65.8 million in Q1 FY25.,The Orbost Gas Processing Plant (OGPP) deliv...

Oil Prices Decline Amid Reports Israel Won’t Target Iranian Crude In...

Highlights,Oil prices fell after reports of Israel’s decision to avoid targeting Iran’s crude infrastructure.,Brent crude futures dropped near 3%, whi...

Vintage Energy to Acquire Galilee Energy in Strategic Merger to Boos...

Key Points:,Vintage will acquire all of Galilee’s shares in a 2-for-1 share exchange under a scheme of arrangement.,The merged entity will create a di...

Ampol Faces Refining Challenges in Q3 2024 Amidst Weaker Margins, Bu...

Key Points:,Lytton Refiner Margin dropped to US$1.48 per barrel due to planned maintenance and weaker global margins.,Ampol's Convenience Retail and i...

Oil Prices Decline After China’s Finance Briefing

Highlights,Oil prices dip after China’s briefing,fails to,offer new stimulus.,Middle East tensions continue to,impact,global oil supply.,Brent crude a...

Oil Prices Surge as Middle East Tensions Escalate

Highlights,Oil prices increased by over 3%, approaching $76 per barrel.,Geopolitical tensions in the Middle East create uncertainty in the oil market....

EWC Sells 51% Stake in Sengkang Gas Project to PT EMP Energi Jaya fo...

Key Points:,EWC is selling its 51% interest in the Sengkang PSC to PT EMP Energi Jaya for US$35 million, transferring control of significant gas asset...

Kinetiko Energy's Commitment to Reliable, Cleaner Energy for South A...

Headlines,Kinetiko Energy enhances South Africa's energy security with innovative gas projects,Significant drilling milestones achieved, boosting conf...

Santos Secures $US800 Million Financing for Darwin LNG Upgrade to Pr...

Highlights:,Santos Limited (,ASX:STO,) and partners secure $US800 million in loans to upgrade the Darwin LNG facility.,The financing includes two loan...

AMPYR Distributed Energy Acquires 100% Equity in Narromine Renewable...

Key Points:,AMPYR Distributed Energy will acquire 100% equity in the Narromine Renewable Energy Project through the conversion of a $10 million fundin...