Blue Energy (ASX:BLU) has been granted four Potential Commercial Area tenures in the Surat Basin, formalising control over 398 PJ of Contingent Resources.
Energy Stocks
Karoon Energy (ASX:KAR) has cut CY26 production guidance after the Who Dat E manifold restart slipped to 2H27, but Brazil holds firm.
KEY POINTS
Karoon shares fell almost 12% to A$1.64 after the company cut its 2026 production forecast.
A damaged oil field in the US Gulf of Mexico will not be fully fixed until late 2027, so this year's output will drop.
The good news: this is delayed oil, not lost…
Vintage Energy (ASX:VEN) signs A$5m SA government grants to fund half the drilling cost of Odin-3 and Vali-4 Cooper Basin gas wells.
1414 Degrees (ASX:14D) has cleared AEMO on its Aurora BESS, moved into ElectraNet TCA talks, and drawn data centre due diligence.
KEY POINTS
Woodside (ASX: WDS) used its pre-emptive right to buy PetroChina's 10.67% stake in the Browse gas project, blocking a sale to Japan's Inpex and lifting its own interest to about 41%.
It is paying US$225 million (around A$320 million) now, with a further US$175 million owed only if Browse gets a…
KEY POINTS
The Iran-Israel escalation has pushed Brent crude almost 5% higher, to above US$97 a barrel.
Most ASX oil and gas producers benefit, but leverage varies sharply, and pure oil producers swing hardest.
Karoon (ASX: KAR) offers the most direct oil exposure, while Woodside (ASX: WDS) and Santos (ASX: STO) are…
Ampol (ASX:ALD) wins ACCC approval for the A$1.1 billion EG Australia acquisition and switches the scrip component to cash ahead of 30 June completion.
Energy World Corporation (ASX:EWC) sells its Siemens gas and steam turbines to Hallador Energy for US$350 million, reshaping its balance sheet.
Jade Gas (ASX:JGH) just booked Mongolia’s first ever gas reserve in a major step towards production!
Jade Gas (ASX:JGH) has booked Mongolia’s first ever natural gas reserve, unlocking the PDO submission and Exploitation Licence pathway for the TTCBM project.
