Oil gas
Beach Energy Secures Gas Production Licenses Off Victoria
September 27, 2024 12:59 PM AEST| By Team Kalkine MediaBeach Energy (ASX: BPT) has successfully obtained gas production licenses for two new fields located off the coast of Victoria, a significant development announced by Federal Resources Minister Madeleine King. This decision is expected to enhance gas...
Viva Energy Group (ASX:VEA): A Look at Shareholder Returns and Fundamentals
September 24, 2024 02:01 PM AEST| By Team Kalkine MediaViva Energy Group Limited (ASX:VEA) has delivered a notable share price increase of 23% over the past three years, significantly outperforming the broader market return of 7.7% during the same period (excluding dividends). However, more recently, the...
Australian Energy Stocks Rally Amid Rising Oil Prices
September 24, 2024 01:50 PM AEST| By Team Kalkine MediaAustralian energy stocks have seen a notable uptick, with the sector's sub-index rising as much as 1.3% to reach its highest level since September 5. This rally marks the sub-index's sixth consecutive session of gains, indicating a positive trend for...
Blackmore Capital Exits Woodside (ASX:WDS) Amid Concerns, Shifts to REITs and Energy
September 24, 2024 11:52 AM AEST| By Team Kalkine MediaAmid a turbulent year for the energy sector, especially with falling oil prices, many investors are reevaluating their holdings in Australian energy stocks like Woodside Energy Group Ltd (ASX:WDS). Woodside's shares have been on a sharp decline in 20...
Australian Energy Sub-Index (AXEJ) Reaches Highest Level In a Month
September 20, 2024 01:02 PM AEST| By Team Kalkine MediaThe Australian energy sub-index .AXEJ has seen a notable uptick, gaining as much as 0.9% to hit its highest point since September 5. This rally puts the sub-index on track for its fourth consecutive session of gains, a promising trend that investors...
Debt Risk Analysis: Santos Limited (ASX:STO)
September 19, 2024 10:27 AM AEST| By Team Kalkine MediaInvestors are often concerned about the potential risks posed by debt, especially when it comes to capital-heavy companies like Santos Limited (ASX:STO). The company operates in an industry where significant capital investments are often necessary to...
Woodside (ASX:WDS) Shares Outperform ASX 200 Amid New LNG Agreement
September 18, 2024 02:53 PM AEST| By Team Kalkine MediaOn Wednesday, Woodside Energy Group Ltd (ASX:WDS) saw its share price gain 0.3%, trading at AU$24.20. This contrasts with a slight decline of 0.2% in the broader S&P/ASX 200 Index (ASX: XJO) at the same time. The modest uptick in Woodside's shares co...
Woodside (ASX:WDS) Secures Long-Term LNG Supply Deal with Japan’s JERA
September 18, 2024 10:30 AM AEST| By Team Kalkine MediaWoodside (ASX:WDS) has signed a significant Sale and Purchase Agreement (SPA) with JERA, marking a milestone in its long-term supply of liquefied natural gas (LNG) to Japan. Under this agreement, Woodside will supply approximately 0.4 million tonnes...
Woodside Energy (ASX:WDS) Shares Up Amid Rising Oil Prices
September 10, 2024 02:33 PM AEST| By Team Kalkine MediaInvestors are showing renewed interest in Woodside Energy Group Ltd (ASX:WDS) shares on Tuesday, with the stock trading at AU$23.94, reflecting a 0.6% increase from yesterday's close at AU$23.79. This positive movement comes as the broader S&P/ASX 20...
Australian Energy Stocks Bounce Back, Breaking Five-Day Losing Streak
September 10, 2024 02:32 PM AEST| By Team Kalkine MediaAustralian energy stocks showed a modest recovery on Tuesday, with the sector’s sub-index gaining up to 0.7% and breaking a five-day losing streak. This rebound marks the highest level for the sub-index in a week, signaling a potential turnaround aft...
Greg O'Neill's New Venture: A Strategic Play in the Oil and Gas Sector
September 09, 2024 10:12 AM AEST| By Team Kalkine MediaFormer La Trobe Financial president Greg O'Neill has embarked on a new financial adventure as a major investor in the oil and gas sector. More than two years after leaving La Trobe Financial—a company founded by his father—O'Neill has repositioned hi...
Oil Market Poised for Significant Weekly Decline
September 06, 2024 01:32 PM AEST| By Team Kalkine MediaThe oil market is on track for its most substantial weekly decline in nearly a year, driven by ongoing concerns over weak demand and ample supply, despite a delay in planned output increases by the OPEC+ alliance. This significant downturn in oil pri...
Woodside Shares Slide Amid AU$3 Billion Bond Announcement
September 06, 2024 11:45 AM AEST| By Team Kalkine MediaWoodside Energy Group Ltd (ASX:WDS) shares are facing selling pressure as the company announces a significant funding initiative. On Friday, shares in the S&P/ASX 200 Index (ASX: XJO) energy stock fell 1.4% to AU$24.66, down from AU$25.00 the previou...
Woodside Energy Raises $2 Billion in US Bond Market Amid Strategic Acquisitions
September 06, 2024 11:44 AM AEST| By Team Kalkine MediaWoodside Energy Group Ltd,(ASX:WDS),has successfully raised US$2 billion ($3 billion) through a bond issuance in the US market. This capital injection is set to partially finance the company’s major acquisitions, including a US$2.35 billion investmen...
Santos Expands LNG Portfolio with Glencore Supply Agreement
September 06, 2024 10:27 AM AEST| By Team Kalkine MediaAustralian oil and gas producer Santos (ASX:STO) has solidified its presence in the Asian liquified natural gas (LNG) market through a newly signed contract with Glencore Singapore. The mid-term agreement will see Santos supply LNG cargoes amounting...
Provaris Energy Progresses Norwegian Hydrogen and Uniper MOU for Regional Hydrogen Supply to Germany
September 05, 2024 06:04 PM AEST| By Team Kalkine MediaProvaris Energy Ltd,(ASX:PV1),is advancing its collaboration on hydrogen supply with Norwegian Hydrogen AS and strategic partner Uniper, following the recent signing of a Memorandum of Understanding (MOU). The MOU, established last month, is designed...
Woodside (ASX) Faces Downgrade Amid M&A Concerns and Pessimistic Oil Price Forecast from Citi
September 05, 2024 06:03 PM AEST| By Team Kalkine MediaCiti has revised its rating for Woodside (ASX: WDS) from Neutral, highlighting concerns over declining oil prices, unexpected asset depreciation, and potential mergers and acquisitions (M&A) activity.,Oil Price Forecast:,Citi anticipates oil prices w...
Aura Energy Files Exploitation Permit for Häggån Future Metals Project in Sweden
September 05, 2024 05:57 PM AEST| By Team Kalkine MediaAura Energy Ltd,(ASX:AEE),has formally submitted an exploitation permit application to the Swedish Mining Inspectorate for the Häggån K no 1 concession and a new exploration application for Häggån no 2, which will encompass areas from the original no...
Australian Energy Stocks Tumble as Brent Crude Prices Plummet
September 04, 2024 11:55 AM AEST| By Team Kalkine MediaAustralian energy stocks have hit new lows, with the sub-index falling as much as 2.6% to reach its lowest point since early March 2022. This decline is driven by a sharp drop in Brent crude prices and reflects broader challenges in the energy sector...
Strike Energy (ASX: STX) Uncovers Significant 28m Net Gas Pay in Australia's Deepest Onshore Well, Extending the Gas System Eastward
September 03, 2024 10:28 AM AEST| By Team Kalkine MediaStrike Energy (ASX: STX) has reported a notable 28-meter net gas pay discovery in its Erregulla Deep-1 well, marking a milestone as Australia's deepest ever onshore well. This significant achievement could signal a major breakthrough in the explorati...
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