Australia Oil And Gas

Ampol (ASX:ALD) has entered into an agreement to acquire 100% of Fast Cities Australia, known as Evie Networks, for $225 million.

Eastern Gas (ASX:EGA) has signed an indicative non-binding term sheet with RiverFort Global Capital for a proposed R&D loan facility of up to $10 million.

Bounty Oil & Gas (ASX:BUY) has agreed to acquire PetroQuest Liberia Deep Water and secured $3.6 million in placement commitments.

Jade Gas (ASX:JGH) has launched an exploration initiative targeting deeper gas-bearing horizons beneath the shallow coal seams at its flagship TTCBM Project.

The federal Opposition has unveiled a proposal to halve the fuel excise if crude oil reaches US$100 a barrel over a two-week rolling average.

Central Petroleum (ASX:CTP) increased its 2026 financial year sales revenue by 3% to $44.7 million.

Omega Oil & Gas (ASX:OMA) has secured preferred tenderer status for a 1,138km2 petroleum land release area in Southern Queensland.

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.