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

Otto Energy Further Reduces US Holdings with SM71 Oil and Gas Divestment
Otto Energy agrees to sell its 50% SM71 stake for about US$6m, with Byron taking on decommissioning liabilities as the company trims US assets.
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Beetaloo Energy Granted Retention Licence for Carpentaria Shale Gas Fairway
Beetaloo Energy Australia secures a 605-square-kilometre Carpentaria shale gas licence, supporting appraisal gas sales and development planning.

ADX Energy Starts Work to Lift Austrian Well Output and Test HOCH-1 Gas
ADX Energy targets up to 100 boepd of extra Austrian output as it prepares to test deeper gas zones at HOCH-1.

Li-S Energy Completes First Phase Testing of Lithium-Sulphur Cells for Unmanned Underwater Vehicles
Li-S Energy's lithium-sulphur cells pass 1,000m pressure tests without damage, advancing trials for unmanned underwater vehicles.

Prominence Energy Identifies Hydrogen Indicators Ahead of Eyre Peninsula Drilling
Prominence Energy reports hydrogen in all 28 Eyre Peninsula rock samples, with CSIRO findings helping refine targets ahead of planned 2027 drilling.

Invictus Energy Reports Zimbabwean Gazettal of Cabora Bassa Production Sharing Agreement
Invictus Energy’s Cabora Bassa production sharing agreement is gazetted in Zimbabwe, strengthening the path to Mukuyu development and Musuma-1 drilling.

KALiNA Power Positions Alberta Projects for Potential Data Centre Contracting
KALiNA Power advances five Alberta gas projects for data centre demand, with Clairmont moving into an earlier grid connection assessment.

Carnegie Clean Energy Prepares for First-Stage Deployment of CETO Buoyant Actuator Offshore Spain
Carnegie Clean Energy completes its CETO buoyant actuator, paving the way for first-stage deployment off Spain next month and a key wave energy demonstration.

88 Energy Completes South Prudhoe Farm-Out Ahead of Augusta-1 Drilling
88 Energy secures up to US$10.9m from WAO for South Prudhoe, funding Augusta-1 ahead of planned 2027 Alaska drilling.

Macallum New Energy Lines Up $3m Placement For Perth Basin Drilling
Macallum New Energy secures $3m placement to advance Perth Basin exploration and prepare for late-2027 drilling, as farm-out talks gather pace.

H3 Energy Identifies Deeper Gas Leads Beneath Warro Field
H3 Energy has identified deeper gas leads beneath WA’s Warro field, potentially testable via existing wells at lower cost.

Condor Energy Advances Piedra Redonda Gas Development with Peru Licence Milestone
Condor Energy clears a Peru licence hurdle, qualifying for Block Z-72 talks as a study outlines development options for its 1 Tcf gas field.