Energy
Latest news, analysis, and insights from ASX energy companies
Buru Energy Triples 2C Contingent Resources in Restart Review at Ungani Oil Field
Buru Energy lifts Ungani 2C contingent resources to 660,000 bbls (from 220,000), as it reviews a cheaper restart plan and micro-refinery options.
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Amplitude Energy Delivers Record Full-Year Results as East Coast Supply Project Nears FID
Amplitude Energy posts record FY26 results as ECSP FID nears; higher gas volumes, pricing lift EBITDAX to a record, first gas targeted 2028.
Strike Energy Increases Walyering 2P Gas Reserves after West Discovery
Strike Energy boosts Walyering 2P gas reserves to 16.4 PJ after Walyering West discovery; FEED underway, FID targeted for Q4 2026.
Equus Energy Finalises 10-Year Alcoa Supply Deal for Offshore WA Gas Project
Equus Energy seals binding 10-year WA gas deal with Alcoa (EQU, ASX): ~50 TJ/d from start, ~182 PJ over term, underpinning FID and FEED funding.
Locality Planning Energy Expands into SE Australia with PowerHub Acquisition
Locality Planning Energy to acquire PowerHub for up to $5.803m, expanding into Tasmania and SA; adds 30 active sites and 4,642 SPs, plus 46-site pipeline.
Elixir Energy Launches Strategic Review with Fresh Placement Funding
Elixir Energy launches strategic review after securing a $5m placement to fund Taroom Trough testing and potential commercialisation.
Red Sky Energy Nears Yarrow Spud as Three-Well Campaign Progresses
Red Sky set to spud Yarrow 4/5 as part of three-well Innamincka Dome campaign; Santos-led program kicks off late Aug 2026; 20% stake, plus Willowie 2 appraisal.
TMK Energy Lifts Gurvantes Gas Production as 2026 Work Program Nears
TMK Energy lifts Gurvantes gas output as 2026 work program nears; July avg 778 m3/d, rising to 800+, with Gas-to-Power project due to start this year.
Cue Energy 2P Reserves Fall As Portfolio Review Flags Impairment
Cue Energy 2P reserves fall to 4.5MMboe as portfolio review flags up to $5m impairment; new Mahato drilling and Mereenie gas prospect.
Invictus Energy Locks in Exalo Rig for November Spudding of Musuma-1 Well
Invictus Energy locks Exalo rig for Musuma-1 spud in Nov 2026, targeting ~1.2 Tcf gas and 73m bbl condensate; full execution phase underway in Zimbabwe.
Australian Vanadium to Team with Alcoa on Long-Duration Battery Study
Australian Vanadium teams with Alcoa on a 50-80 MW vanadium flow battery study for WA refinery; 6-8 h storage, 18-month non-binding MoU.
D3 Energy Spuds Second Nooitgedacht Well in South Africa after Intersecting Gas
D3 Energy spuds Nooitgedacht second well after first gas hit; aims to expand ER315 reserves and gather helium/methane data.