Energy
Latest news, analysis, and insights from ASX energy companies

Condor Energy Applies for Peru Licence Contract after Securing 100% Interest in Tumbes Basin Block
Condor Energy seeks Peru TEA-86 Licence Contract after a 100% stake; 3.3B bbl oil potential and 1 Tcf gas. Perupetro approval hurdle; A$2.25m raise funds ahead.
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88 Energy Upgrades South Prudhoe Resources by 35%, Secures Key Drill Rig
88 Energy lifts South Prudhoe resources 35% to 768.9 MMbbls and secures Nordic-3 rig for Augusta-1 in 2027, signaling stronger Alaska North Slope upside.

Carnegie Clean Energy Receives EuropeWave Phase 3 Milestone Payment
Carnegie Clean Energy hits EuropeWave milestone: €63,688 (~A$103k) after BiMEP Spain approvals, boosting CETO deployment in Europe.

Brookside Energy Achieves Over 40% Leasehold Objective as it Advances Riverbend Development
Brookside Energy hits over 40% Riverbend leasehold objective in the Anadarko Basin, advancing to land, title and regulatory planning with secured funding.

TMK Energy Records Strong April Gas Production as Mongolia Power Talks Advance
TMK Energy logs April gas at Gurvantes XXXV of 663 m3/d, the second-highest monthly rate, as it advances Q3 wells and talks with Mongolia on using gas for power

Altech Batteries to Discontinue German Silumina Anodes Project
Altech has shelved Germany silumina anodes; liquidates AIG, pivots to CERENERGY with up to $80.4m German government funding and JV talks.

ADX Energy to Commence Wireline Logging after Gas Hits At HOCH-1 Well
ADX Energy hits biogenic gas at HOCH-1 in Austria; wireline logging to kick off 7 May to confirm reservoir; ~8 BCF mean resource, 17.3 BCF high.

Central Petroleum Exits EP112 JV as Sub-Salt Plans Shift
Central Petroleum exits EP112 JV; $1.7m FY26 impairment after terminating sale to Georgina Energy. EP125 appraisal continues, Mt Kitty/Jacko Bore drilling 2027.

Energy Crisis Playbook: What It means for BWP, DRR, BSL, BGA, and MPL
Oil tops US$120; Strait of Hormuz disruption hits energy flows as markets reprice risk. Five ASX names (BWP, DRR, BSL, BGA, MPL) near breakout; read more.

Frontier Energy Secures Key Government Support for Waroona Renewable Energy Project
Frontier Energy secures CIS-backed revenue protection to 2042 for Waroona Stage One, de-risking debt financing and fast-tracking final investment decision.

NH3 Clean Energy Strengthens Financing Case with Strong Public Benefits Forecast for WAH2 Clean Ammonia Project
NH3 Clean Energy (ASX: NH3) wins financing bid for WAH2 as ACIL Allen flags BCR 3.07, A$7.3b GDP boost; FID targeted by end-2026

BPH Energy Strengthens Funding Base Ahead of PEP-11 Court Decision
BPH Energy raises $1.2m+ via placement, $0.54m via options; cash rises to $3.59m as PEP-11 court decision on Advent Energy looms amid portfolio progress.