Projects
Jade Gas Holdings Ltd. has signed a non-binding letter of intent with Chinese gas equipment manufacturer Zhengzhou Langrun Intelligent Equipment Co. Ltd. to develop a coal-bed methane project in Mongolia. The agreement between the two companies includes project financing of up to US$46 million over the first stage of Jade’s…
Canada’s Trans Mountain Pipeline expansion doubles capacity
Canada's Trans Mountain Pipeline expansion is officially complete, marking a significant milestone for the country's energy infrastructure and export capabilities. The project has effectively more than doubled the pipeline's capacity from 300,000 barrels per day (bpd) to 890,000 bpd, substantially increasing Canada's ability to deliver crude oil from Alberta's oil…
ConocoPhillips and 3D Energi have begun drilling
ConocoPhillips, in partnership with 3D Energi, has begun drilling operations at the Essington-1 gas exploration well located in the Otway Basin off the coast of Victoria, Australia. The drilling campaign, initiated on November 1, 2025, forms part of the broader Otway Exploration Drilling Program (OEDP) aimed at uncovering new natural…
Red Sky completes drilling at South Australia’s Killanoola‑2
Red Sky Energy Ltd (ASX: ROG) has announced the safe completion of drilling activities at its Killanoola‑2 (KN2) oil appraisal well, located within Petroleum Retention Licence 13 (PRL‑13) in South Australia’s onshore Otway Basin. The company confirmed that the well has been cased and suspended with production tubing installed, preserving…
BW Energy confirms hydrocarbons at Kharas-1
BW Energy has announced that its Kharas-1 appraisal well, drilled within the Kudu licence offshore Namibia, has reached its total planned depth, intersecting multiple geological formations. The well was designed to intersect several targets within a single borehole, providing valuable geological data across the broader petroleum system, although it did…
Prospex restarts Spain’s Viura-1B gas production
UK-based Prospex Energy has announced the restart of gas production from the Viura-1B well in the Viura field, located in the La Rioja province of northern Spain. The well, operated by HEYCO Energía Iberia, resumed operations and gradually increased output to 120,000 cubic metres per day (m³/d) by 20 October.…
BP confirms major Volans-1X gas discovery in Namibia
UK energy major BP has confirmed an oil and gas discovery at the Volans-1X exploration well in Namibia’s Orange Basin. Drilled under Petroleum Exploration Licence 85 (PEL85) and operated by Rhino Resources, the Volans-1X well reached a true vertical depth subsea of 4,497.5 metres. The well penetrated Upper Cretaceous formations…
Queensland advances future-focused gas power development
The Queensland government has taken a significant step toward delivering the state’s first new gas-fired power station in more than a decade, through a 10-year gas supply agreement between CS Energy and Senex Energy. Under the deal, natural gas from Senex’s Atlas development in the Surat Basin will fuel the…











