Australia Oil And Gas

Echelon Resources (ASX:ECH) has received approximately A$15.7 million from settling the sale of 139,885,879 shares in Cue Energy Resources (ASX:CUE) to Horizon Oil (ASX:HZN), under a pre‑bid agreement first announced in March 2026.

The sale forms part of Horizon’s off‑market takeover bid for Cue, which has now closed and left Horizon with a 57.06% relevant interest in Cue following completion of the pre‑bid acquisition and acceptances under its offer.

BHP (ASX:BHP) altered its executive structure by splitting its Americas leadership into 2 separate regional roles effective July 1.

Echelon Resources (ASX:ECH) executed an agreement to extend its Kupe gas sales for a further three years.

Woodside Energy Group (ASX:WDS) executes an agreement to supply 31.1 petajoules of domestic gas to Alcoa of Australia between 2027 and 2030.

Santos (ASX:STO) has commenced continuous production at its Alaskan oil project, initially delivering 20,000 barrels per day.

BHP (ASX:BHP) confirmed that total cost blowouts for the first two stages of its Jansen Potash Project have risen to US$4.7 billion

Woodside Energy (ASX:WDS) confirmed the immediate departure of Louisiana LNG president Sarah Bairstow from the project.

Woodside Energy (ASX:WDS) denied being in takeover talks with US oil giant ExxonMobil Corporation.

Woodside Energy (ASX:WDS) has exercised its pre-emption right to acquire PetroChina's 10.67% stake in the Browse joint venture.

BHP (ASX:BHP) faces major disruptions as AMWU and ETU members vote for protected strike action at Port Hedland over an ongoing pay dispute.

Motorists are warned to brace for impact as the Albanese government signals the temporary fuel tax cut will likely end in June.

Japanese energy giant Inpex is set to apply for urgent orders from Australia's workplace tribunal, the Fair Work Commission.