Energy
Latest news, analysis, and insights from ASX energy companies
Blue Energy’s Oversubscribed SPP a Sign of Investor Confidence in Gas Future
Blue Energy’s (ASX: BLU) run of success with its northern Australia gas developments has helped its share purchase plan (SPP) finish heavily oversubscribed. Blue’s board elected to increase the SPP from its initial target of $250,000 after receiving significant interest from retail shareholders, and the plan eventually brought in $2.6 million. The outstanding response to the […]
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Vintage Energy Reports Encouraging Progress in Odin-Vali Gas Production Uplift Program
Vintage Energy (ASX: VEN) has reported positive initial outcomes during the second phase of a production uplift program at its Southern Flank gas fields in central Australia. Following a successful Phase 1 program in early September that mainly focused on removing scale impacting flows levels at the Odin and Vali fields, Phase 2 has sought to initiate production […]
Altech Launches $6m Placement to Advance Diversified Battery Projects
Altech Batteries (ASX: ATC) has launched a $6 million share placement to further the progress of its CERENERGY, AMPower and silumina anodes projects. The capital raising establishes balance sheet flexibility for Altech to execute on a range of near-term milestones including trials of its UPS batteries and initial sales to critical infrastructure customers in Europe, Australia […]
1414 Degrees Signs Exclusive Global Licence for Silicon Nanoparticle Battery Technology
1414 Degrees (ASX: 14D) has signed an exclusive worldwide licence agreement with George Washington University (GWU) for its silicon nanoparticle (SiNTL) technology, positioning the company for entry into the lithium-ion battery materials market. The SiNTL technology enables the production of aluminium-coated silicon nanoparticles that promise ten times the theoretical capacity of graphite anodes, offering higher […]
Altech Batteries Achieves 88.5% Capacity Retention in Silumina Anodes Breakthrough
Altech Batteries (ASX: ATC) has announced its strongest battery performance results to date, achieving 88.5% capacity retention after 500 charge–discharge cycles using a 5% addition of its proprietary Silumina Anode material. The breakthrough marks a major advance in silicon-based anode technology, confirming both the stability and reproducibility of Altech’s process. Managing director Iggy Tan said the […]
Xstate Resources and Elixir Energy Discover Substantial Gas Column at Diona-1 Well
Xstate Resources (ASX: XST) and farm-in partner Elixir Energy (ASX: EXR) are eagerly seeking further data after drilling into a significant gas column at the Diona-1 well in the onshore Surat-Bowen Basin in Queensland. While the partners found the well’s primary target to be non-hydrocarbon bearing, they subsequently encountered a 181-metre hydrocarbon prone permian-to-basement sequence at a […]
Altech Batteries Unveils Safe UPS Battery System for European Gas and Hydrogen Pipelines
Altech Batteries (ASX: ATC), in partnership with global energy solutions company AMPower, has unveiled a new 384 volt / 15 kilowatt-hours (kWh) sodium nickel chloride uninterruptible power supply (UPS) battery system specifically for Europe’s gas and hydrogen pipeline infrastructure. The major design development aims to deliver a safe, sustainable and commercially-robust energy storage solution for […]
Global Oil and Gas Industry Faces Turbulent Future As Spending and Investment Fall
Leading international energy research firm Wood Mackenzie and the International Energy Agency (IEA) are predicting difficult times ahead for the global oil and gas industry. Wood Mackenzie said companies will need to maintain disciplined investment criteria whilst navigating significant headwinds as capital budgets fall and spending cuts deepen. Meanwhile, new data from the IEA shows […]
Tamboran Resources Set for Major Gas Production at Beetaloo’s Shenandoah South Project
Long-considered one of the world’s most significant undeveloped gas provinces, the Beetaloo Sub-basin has achieved a major milestone with a joint venture led by Tamboran Resources (ASX: TBN) announcing the go-ahead for the Shenandoah South pilot project. The project will provide long-term production testing of multiple wells, offering the potential to sanction a large-scale development to the […]
Altech Batteries Targets Early Entry of CERENERGY Technology into Europe, Australia and US Markets
Altech Batteries (ASX: ATC) has signed a strategic collaboration and distribution agreement with global energy solutions company AMPower to enable early market entry for its CERENERGY sodium nickel chloride solid-state battery technology into Europe, Australia, and the US. The deal will help fast-track commercialisation and enable immediate production of Altech-branded battery packs to meet growing customer […]
Finder Energy Enters into Farm-In Agreement with TIMOR GAP at KTJ Oilfields Project
Finder Energy (ASX: FDR) has entered into a farm-in agreement with the National Oil Company of Timor-Leste (TIMOR GAP) that will boost TIMOR GAP’s equity in the PSC 19-11 joint venture by 10% to 34%. The joint venture is developing the Kuda Tasi and Jahal oilfields (KTJ) project, which hold an estimated 22 million barrels of […]
Altech Batteries Re-Designs CERENERGY Pack to Enable Increased 90KWh Capacity
Altech Batteries (ASX: ATC) has moved closer to the delivery of a next-generation, high-performance solution for the global energy storage market with an enhanced design of its CERENERGY sodium-chloride solid-state battery pack. The company’s latest research and development work has shown it could re-design the pack as a higher-capacity battery system. The re-design focuses on […]