AustraliaOil And Gas

Jade Gas Holdings (ASX:JGH) completed an $11 million capital placement, lifting its total cash reserves above $20 million.

West Texas Intermediate prices dropped after the United States paused military action against Iran.

Ampol (ASX:ALD) announced an unaudited first-half 2026 replacement cost operating profit of approximately $1.60 billion.

Babylon Pump & Power (ASX:BPP) has agreed to sell its subsidiary Primepower Queensland to Westralian Diesel for an initial $150,000.

Prime Minister Anthony Albanese is set to allocate $4 million towards a feasibility study for a new oil refinery in Western Australia.

Cue Energy Resources (ASX:CUE) has commenced drilling the PV14 appraisal well in the Northern Territory.

Santos (ASX:STO) generated US$1.35 billion in second-quarter sales revenue as production reached 23.1 million barrels of oil equivalent.

The Australian government ruled out a gas export tax on July 22 despite internal party pressure ahead of July 23’s national conference.

Omega Oil & Gas (ASX:OMA) has commenced mobilisation of a Helmerich & Payne rig to its Canyon-3 well location in Queensland.

BHP (ASX:BHP) has resumed pay negotiations with unions covering 450 workers at its $80 million daily iron ore hub.

Federal Labor backbenchers and union leaders have mounted a push to introduce a new tax on gas export revenue.

Comet Ridge (ASX:COI) has executed a non-binding memorandum of understanding to supply 3.6 petajoules of gas annually to Highview Power.