CENTRAL PETROLEUM ORD

International and local explorers are in a race to bring a natural helium industry back to Australia, where no local production has been available since the country’s only extraction plant in Darwin shut down in late 2023 after the depletion of the helium-rich gas supply from the Bayu-Undan field. However, analysts see Australia as having […]

With a number of junior and major petroleum companies increasing their output, Australia’s gas industry says a new Australian Competition & Consumer Commission (ACCC) report has confirmed it is doing its bit to ensure the east coast of the nation will be well supplied into the future. The ACCC’s September 2023 interim gas inquiry report […]

A promising gas discovery revived interest in Buru Energy (ASX: BRU) earlier this week – delivering a 30% share-price rise in the latest example of investors returning to the politically incorrect oil and gas sector, a move which iron ore billionaire Gina Rinehart successfully made late last year. Though miles apart in terms of size […]

Central Petroleum (ASX: CTP) has inked a deal to supply up to 21.9 petajoules of gas from its Mereenie field in the Northern Territory to major retailer AGL Energy (ASX: AGL). The new gas sale agreement, signed together with Central’s private joint venture partner Macquarie Mereenie Pty Ltd, spans a three-year period and is expected […]