Australia Oil And Gas

AXP Energy (ASX:AXP) recorded a production rate of approximately 55 barrels of oil equivalent per day during a controlled 10-day flow test at its Charlie #1 well.

Santos (ASX:STO) executed a 10-year LNG supply deal with POSCO Steel and a 20-year non-binding agreement to purchase 1 million tonnes annually from Canada's proposed Ksi Lisims LNG project.

Reserve Bank of Australia Assistant Governor Sarah Hunter warned that crude oil reaching US$102 a barrel increases inflation risks above the target range of 2% to 3%.

Eastern Gas (ASX:EGA) completed drilling operations and demobilisation at its Venus-2H well site.

Bass Oil (ASX:BAS) returned to profitability in the first half of 2026 with a net profit after tax of $0.3 million.

Australian Oil Company (ASX:AOK) reinstated production at Reclamation Board-7 and Reclamation Board-8.

The Australian Government has softened its domestic gas reservation policy following significant pushback from energy producers.

Amplitude Energy (ASX:AEL) intersected hydrocarbons at its offshore Juliet-1 exploration well.

UK-based Carbon Neutral Fuels entered into an agreement with Australia's Energy Estate to examine a sustainable aviation fuel project.

BHP (ASX:BHP) ended talks with unions representing Port Hedland iron ore workers without a deal but offered a 17% pay increase over four years.

Soaring energy consumption from regional computing facilities will drive 16% annual growth in Southeast Asian demand for LNG through to 2035.

RemSense Technologies (ASX:REM) has secured two project awards total worth $365,230 to expand its virtual plant visualisation footprint with Woodside Energy (ASX:WDS).