Energy

Ampol Ltd(ASX:ALD) has announced the sale of its electricity retail businesses in Australia and New Zealand, a move aimed at enhancing its profitability and sharpening its focus on core energy operations. The divestments are expected to deliver a significant lift to the company’s financial …

Australian energy stocks, represented by the .AXEJ index, rose by as much as 1.9% to 7,569.3, reaching their highest level since April 4. The upward movement in the index is largely attributed to an increase in oil prices following positive developments in U.S.-China trade …

Australian energy shares surged on Thursday, with the energy sub-index (.AXEJ) climbing as much as 1.1% to 7,457.1 points — its highest level since April 4. The rally was fuelled by a sharp rebound in global oil prices, which rose 3% as investor sentiment …

Regulatory Clearance Secured:Contact Energy has received approval from the New Zealand Commerce Commission to acquire Manawa Energy.

Greenvale Energy Limited (ASX: GRV) has announced the formal completion of its acquisition of the Oasis Uranium Project in Queensland, following regulatory approval for the transfer of exploration permit EPM 27565. The company finalised a $200,000 cash payment and issued 20 million shares to …

Woodside Energy (ASX:WDS) has given the green light to its major Liquefied Natural Gas (LNG) project in Louisiana, confirming a final investment decision (FID) with a total capital expenditure of approximately $17.5 billion.

Australia’s top gas producer, Woodside Energy Group Ltd (ASX:WDS), is facing fresh scrutiny from analysts after reporting first-quarter results that fell short of market expectations. The company posted Q1 revenue of $3.32 billion, up 13% from a year earlier, yet both production volumes and …