Oil gas
Bass Oil Ltd (ASX:BAS) Achieves Notable Results at Kiwi-1 Well
September 02, 2024 11:41 AM AEST| By Team Kalkine MediaBass Oil Ltd (ASX:BAS), a notable small-cap oil producer, has reported promising outcomes from its Extended Production Test (EPT) at the Kiwi-1 well, located in South Australia's Cooper Basin. The test results have exceeded initial expectations, part...
Woodside Energy (ASX:WDS) Defies Revenue Dip with Optimistic Gains: Shares Surge Despite Setbacks
August 27, 2024 03:25 PM AEST| By Team Kalkine MediaWoodside Energy Group Ltd (ASX:WDS) has managed to ignite investor optimism despite reporting a significant drop in revenue for the first half of FY24. The company's share price surged by 4%, reaching AU$27.44, after the release of its financial resu...
Bass Oil (ASX:BAS) Surges 40% as Kiwi-1 Well Flows at 4.1 Million Cubic Feet Per Day, Erasing Year-Over-Year Losses
August 27, 2024 10:55 AM AEST| By Team Kalkine MediaBass Oil Limited (ASX:BAS), an Australian energy explorer, has made significant strides with its latest Extended Production Test (EPT) at the Kiwi-1 well. The company reported impressive flow rates, which not only exceeded internal projections but al...
Promising Early Signs for Strike Energy and Warrego's Erregulla Deep-1 Well
August 27, 2024 10:02 AM AEST| By Team Kalkine MediaStrike Energy (ASX: STX) has provided a significant update on its Erregulla Deep-1 well, revealing elevated mud gas levels as drilling progresses toward the total depth. These findings come from two distinct intervals within the 5,000-meter-deep well...
ASX Energy Stocks Shine Amid Oil Price Surge: Woodside and Karoon Lead the Way
August 26, 2024 04:22 PM AEST| By Team Kalkine MediaThe S&P/ASX 200 Index (ASX:XJO) kicked off the trading week with a strong performance, with most ASX 200 shares enjoying gains on Monday. As of the latest update, the ASX 200 has climbed 0.64%, bringing it back to approximately 8,075 points. Among th...
Elixir Energy (ASX:EXR) Reports First Gas Flow at Daydream-2; Shares Surge 15%
August 23, 2024 12:51 PM AEST| By Team Kalkine MediaElixir Energy (ASX:EXR) has achieved a significant milestone with the successful flow of gas to the surface from its Daydream-2 well, located in Queensland's Grandis asset area.,Shares of Elixir Energy experienced a notable increase of nearly 15%, re...
Moody's Analysts Weigh in on Santos' (ASX:STO) Half-Year Results and Future Prospects
August 23, 2024 11:22 AM AEST| By Team Kalkine MediaWhile Santos Ltd (ASX:STO) shares haven't delivered outstanding returns over the past year, they've notably outperformed their energy sector rivals, Woodside Energy Group Ltd (ASX:WDS) and Beach Energy Ltd (ASX:BPT). All three companies, part of the...
Santos Ltd (ASX: STO) Reports Mixed Results for First Half of 2024
August 21, 2024 10:54 AM AEST| By Team Kalkine MediaThe financial results for the first half of 2024 have been nnounced, revealing a nuanced performance for Santos Ltd,(ASX: STO),, a key player in the Australian energy sector. This,ASX energy stock,shows a notable decline in net profit and underlying...
Ampol (ASX:ALD) Shares Drop 4.3% Despite Nearly Tripling Profit in First Half of 2024
August 19, 2024 03:16 PM AEST| By Team Kalkine MediaShares of Ampol Ltd (ASX:ALD) have dropped 4.3% to AU$30.72 following the release of the company's first-half results for the six months ended June 30, 2024. While the ASX 200 index displays only minor declines today, Ampol's performance diverges not...
Australian Energy Stocks Surge as Oil Prices Rise and Geopolitical Tensions Escalate
August 16, 2024 12:20 PM AEST| By Team Kalkine MediaAustralian energy stocks saw a notable increase, with the,S&P/ASX 200 Energy Index (XEJ),climbing as much as 2.2% to reach its highest level since August 5. The sub-index is up 1.4% for the week and is on track for its best weekly performance since J...
Oil Prices Surge Over 3% Amid Concerns of Escalating Middle Eastern Conflict
August 13, 2024 11:05 AM AEST| By Team Kalkine MediaHighlights:,Oil,Prices Surge,:,Brent Crude (ASX: WPL) futures rose 3.3% to $US82.30 per barrel, while US West Texas Intermediate (WTI) Crude (ASX: STO) futures increased 4.2% to $US80.06 per barrel, driven by fears of a widening conflict in the Middl...
Beach Energy (ASX: BPT) Reports 11% Drop in FY24 Profits Due to Rising Costs in Cooper Basin
August 12, 2024 10:34 AM AEST| By Team Kalkine MediaHighlights:,Profit Decline:,Beach Energy (ASX: BPT) reported an 11% drop in underlying profits for FY24, with earnings falling to $341 million from $385 million in FY23, primarily due to higher costs in its Cooper Basin operations.,Production and Cas...
Oil Prices Hold Steady After Weekly Gains as Traders Await Potential Iran Response
August 12, 2024 10:12 AM AEST| By Team Kalkine MediaHeadlines:,Oil Prices Stable:,Brent crude is trading below $80 per barrel and West Texas Intermediate (WTI) around $77 per barrel, holding steady after their first weekly gain since early July.,Geopolitical Tensions:,The market is closely watching Ir...
Woodside (ASX:WDS) Shares Rise After $2.35 Billion Acquisition of Beaumont Low-Carbon Ammonia Project
August 07, 2024 02:54 PM AEST| By Team Kalkine MediaShares of Woodside Petroleum (ASX: WDS) experienced a modest increase on Wednesday, rising by 2.15% to AU$25.66 following the announcement of a significant acquisition. Earlier this week, Woodside revealed its decision to acquire OCI Global’s Beaumon...
Woodside Energy (ASX:WDS) faces Challenges Regardless of Actions Taken
August 07, 2024 10:20 AM AEST| By Team Kalkine MediaHighlights:,Acquisition Details,:,Woodside Energy (,ASX,:WDS,) will buy OCI,Global’s,Beaumont low-carbon ammonia project in Texas for USD 2.35 billion, aiming for completion in the second half of 2024. The project is 70% finished and expected to prod...
Woodside's (ASX:WDS) $2.35Billion Deal Sparks Stock Drop; Analysts Question Timing
August 06, 2024 02:12 PM AEST| By Team Kalkine MediaShares of Woodside Energy (ASX:WDS) experienced a significant drop on Tuesday, falling as much as 4.7% to AU$25.22. The sharp drop follows Woodside's announcement that it will acquire OCI Global’s clean ammonia project in Texas for AU$2.35 billion. O...
Viva Energy Group (ASX:VEA) Reports H12024 Results: Fuel Sales Up and EBITDA Forecast
July 29, 2024 07:21 PM AEST| By Team Kalkine MediaViva Energy Group Ltd (ASX:VEA) has reported its results for the first half of 2024, marked by a notable increase in fuel sales and positive financial expectations. The company's latest update highlights several achievements, including a rise in fuel...
Ampol Ltd (ASX:ALD) Faces Investor Disappointment Amidst Challenging Trading Update
July 25, 2024 06:50 PM AEST| By Team Kalkine MediaThe Australian Stock Exchange witnessed a tumultuous Thursday as the S&P/ASX 200 Index faltered, closing down 1.29% and slipping beneath the 7,900-point mark. Among the casualties of the day was Ampol Ltd (ASX:ALD), an ASX 200 oil stock that saw its...
Woodside Energy (ASX: WDS) Seeks Partners for Newly Acquired US LNG Project
July 23, 2024 04:52 PM AEST| By Team Kalkine MediaWoodside Energy Group Ltd (,ASX: WDS,), the prominent Australian oil and gas producer, is actively pursuing partnerships for its newly acquired US liquefied natural gas (LNG) project, aiming to revitalise the struggling development under its new owne...
Australian Energy Stocks Extend Decline Amid Oil Price Concerns
July 23, 2024 01:53 PM AEST| By Team Kalkine MediaAustralian energy stocks faced renewed pressure on Tuesday, with the sector's sub-index (AXEJ) sliding as much as 1.6% to its lowest level since July 1. If the current trend persists, this would mark the sub-index's fourth consecutive session of decl...
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