Australia Breaking News

Pancontinental Energy (ASX:PCL) has secured a 12-month extension for its PEL 87 offshore license from the Ministry of Mines and Energy.

FlexiRoam (ASX:FRX) announced an expansion of its global presence through a new partnership with a top-10 international airline.

Synertec (ASX:SOP) has formalised a contract with TasNetworks to deploy six of its proprietary Powerhouse Battery Energy Storage Systems.

President Donald Trump has announced that his summit with Chinese President Xi Jinping is being postponed due to the conflict in Iran, delaying critical trade negotiations. Bloomberg's Stephen Engle has the latest.

Energy giant ConocoPhillips has formalised its intent to acquire total control of a promising offshore gas venture.

Cokal (ASX:CKA) released an operational update regarding its metallurgical coal project in Indonesia.

Treasurer Jim Chalmers has moved to de-escalate concerns of a looming economic contraction, pushing back against interpretations of RBA Governor Michele Bullock’s recent warnings.

Reward Minerals (ASX:RWD) has executed a binding letter of intent to acquire the highly prospective Mountain Pond Gold Project.

Core Lithium (ASX:CXO) has greenlit the restart of its flagship Finniss Lithium Operation.

The Australasian Centre for Corporate Responsibility filed an appeal against the Federal Court's recent dismissal of its landmark greenwashing lawsuit against Santos (ASX:STO).

Barton Gold (ASX:BGD) commenced a targeted pit optimisation drilling program at its Challenger Project in South Australia.

Invesco's David Chao says "on average it takes around four to five months" for oil prices and stock markets to return back to pre-supply side shock levels. He also tells Bloomberg Television that "we will be watching very closely for any kind of inflationary impulse that developments in the Middle East will have on headline inflation."