Articles On Pilot Energy (ASX:PGY)

The ASX 200 fell 2.66% in November, with the tech sector dumping almost 12% Concerns about an AI-fuelled market bubble weighed on global sentiment as Aussie inflation came in hotter-than-expected Mount Ridley Mines continued its stellar ru...

ASX adds just 14.5 points in subdued day of trade Broad rally in commodity prices lifts resource stocks Crude oil bounces 1.3% as Ukraine continues to strike Russian oil infrastructure   ASX grinds higher on commodity strength A fresh att...

ASX stumbles as announcement outage leaves traders scrambling to catch up Gold and oil climb, providing some support in energy and resource stocks Wall Street futures weigh heavy; market falls 0.57% ASX scrambles to address announcement b...

ASX grinds through lethargic trading day to lose three points Gold continues to gain, climbing above US$4200/ounce Banking losses outweigh resource gains   Banks push market flat The ASX 200 was looking particularly listless today, strugg...

ASX recovers from session lows of -0.91pc to fall -0.13pc Info tech, commodities weakness undercut market Banks, defensive sectors mount resistance ASX battens down the hatches It was looking like we were in for another 90-point routing...

Pilot Energy has scored a key environmental approval to conduct a 3D seismic survey in the offshore Perth Basin, targeting its Kingia Gas Play Fairway and 1.1 trillion cubic feet (TCF) Leander gas prospect.

ASX overcomes tepid morning to rise 36 points or 0.41pc Strong gains in blue chips, banks, real estate Heavy sell down in resource stocks as gold retreats from all-time highs Market stages blue chip recovery The ASX wasn’t quite sure whic...

Pilot Energy has inked a deal with United Arab Emirates-based Kala Data to launch modular data centres at its Arrowsmith production facility in Western Australia’s Perth Basin.

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10.15am in the east, once trading kicks...

ASX goes on the offence, up 1.13pc 8 of 11 sectors higher, led by healthcare and materials Strength in resources, banks and healthcare drive gains   ASX roars higher, rotating back out of defensive sectors After playing it safe yesterday,...

ASX crawls up just 0.17pc with 7 sectors lower Healthcare sharply lower as Trump threatens tariffs on pharmaceuticals Strength in resources and banks outweighs greater market losses   Markets take stock as tariffs fire back up After a pol...

ASX pares back early gains to lift 0.32pc Healthcare, tech, utilities drive gains Resources sector drags as gold prices slip from highs ASX gets clean bill of health The ASX was looking a little healthier today, adding 0.32% or 28.3 poi...

Australia’s S&P/ASX 200 rose 3.10% in August and has posted gains of 12.33% so far for CY25 Materials led the gainers up 9.19%, while Healthcare fell 13.21% with CSL having its biggest ever daily fall Rare earths explorer Kaili Resourc...

Pilot Energy has received a $3.887 million Petroleum Resource Rent Tax refund resulting from claims attributable to production ceasing at its joint venture Cliff Head oil field.

ASX starts Monday on a strong note reaching record high  Lithium stocks rocket as Chinese CATL mine shuts BPH soars on valuable metals found in seaweed species The Aussie bourse made a strong start to the week with the S&P/ASX 200 fi...

Highlights Miners Lift ASX, Tech & Energy Stocks in Focus Telix Faces US Scrutiny, Shares Weaken Codeifai Expands AI Team for Global Push   The Australian share market found its footing in midday trade, helped by strength...

Resource stocks fuel market gains again, up 0.96pc 10 of 11 sectors higher as trade deal provides much needed relief ASX now 0.45pc off all-time high   ASX surges on iron, gold and trade deals A 2% uptick in iron ore, a more than 1% gain...

Pilot Energy has kicked off a formal courtship process to secure farm-out partners for its expansive offshore gas permit in Western Australia’s North Perth Basin.

ASX walks tightrope to slide just 9.7 points All Ords gold sub-index climbs 1.87pc Iron ore prices boost big cap mining stocks ASX slides on renewed tariff threats The ASX 200 finished the day down 0.11%, having plunged a good 20 points i...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10.15am, once trading kicks off in earn...

Pilot Energy has locked in the purchase of the WA-based Cliff Head oil facility from former joint-venture partner Triangle Energy and will repurpose the asset for carbon capture and storage.

ASX surges 1pc as Iran and Israel approach ceasefire Materials and financials lead gains, adding more than 1.8pc each Energy sector drags, shedding 3.89pc as oil slumps   ASX on the rise as missiles keep firing The ASX shot up 1% today, w...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10.15am, once trading kicks off in earn...

ASX pulls back from 0.55pc slide to dip 0.21pc Utilities leads recovery, up 0.74pc ASX All Ord Gold index climbs 0.62pc   ASX pulls out of tailspin to make up ground While the ASX closed lower today, down 0.21%, it was looking a lot worse...

Markets pricing a 78pc chance of rate cut following labour data Unemployment levels remained steady ASX dips on broad weakness in tech, resources and healthcare stocks   The ASX ended up in negative territory this afternoon, but not by mu...

ASX lifts 0.56pc on tech and financials strength Mine closure, takeover offer perks up copper stocks Lucrative software contracts boost tech sector   The ASX gained momentum throughout the day, lifting from just 0.14% at lunchtime to add...

Australia’s S&P/ASX 200 rallies 3.62% in April, showing resilience to global geopolitical and economic uncertainty Ten out of 11 sectors post gains in April, led by communications up 6.47% followed by a 6.37% comeback from tech DY6 Met...

ASX climbs 0.3pc before falling flat to end at -0.04pc Financial and consumer staples sectors outperform to limit losses Energy plummets more than 2.5pc as oil outlook darkens   Between looming pharmaceuticals and semiconductor tariffs an...

Pilot Energy has raised $5M in a heavily oversubscribed placement at a 100% premium and expects to put $4.5M towards securing full control of the Cliff Head oilfields to fuel its clean energy transformation.

As Pilot Energy prepares to restart trading, its WA-481-P gas resource has been upgraded by about 250%, resulting in the Leander gas prospect targeting more than 1tcf Gas potential within WA-481-P could supply over 30 years of blue ammonia...

Pilot Energy has boosted its WA Leander prospective gas resource by a whopping 250 per cent to an estimated 1116 billion cubic feet of gas and 18 million barrels of condensate after a detailed review.

JV partners Pilot Energy and Triangle Energy have struck a revised vendor finance deal for Pilot to secure the Cliff Head oil asset and its infrastructure, paving the way for its WA carbon capture project.

Resources major South32 has announced a feasibility study with Pilot Energy to advance Pilot’s Mid West Clean Energy Project The South32 study, which has already started, will focus on carbon capture and storage at the MWCEP KOSPO, a m...

A consortium of South Korean mega-energy firms is set to enter into an agreement with Pilot Energy to jointly develop the Mid West clean energy project in the Perth Basin to secure a supply of ammonia.

The S&P/ASX 200 fell 3% in December as Santa rally failed to eventuate yet again  Consumer staples led the S&P/ASX 200 sectors in December with tech leading overall in 2024 Niobium and rare earths explorer Aldoro Resources led the...

Pilot Energy has identified an extra 27 million tonnes of carbon storage capacity at its Cliff Head carbon storage project in WA, following recent technical assessments by the company’s sub-surface consultant.

ASX gives back gains ahead of Fed decision Vulcan and DigiCo rise MinRes completes $780m gas deal with Hancock Prospecting   The ASX gave back its earlier gains this afternoon as investors adopted a more cautious approach ahead of the US...

The ASX200 closed down 0.47% at 8,353.6 points. The Aussie index traded at its lowest level in two weeks as investors locked-in profits for the second consecutive day. The Australian dollar has fallen to $0.638 as traders price in a s...

Pilot Energy has entered into a joint development agreement with Capture6 Corporation to progress Capture6’s direct carbon-from-air capture technology at Pilot’s Mid West carbon capture project in WA.

Pilot Energy has big plans to liquify and then store carbon emissions from WA industrial emitters in its depleted sub-sea oil well. It is also looking to build a world class clean hydrogen and ammonia facility.

A member of the Korean Consortium backing the Mid West Clean Energy Project (MWCEP) has received $2.2 million to support its feasibility study Korea Southern Power Co, as part of the K-Consortium (which also consists of Korea East-West P...

Pilot Energy and Electriq Global sign MoU to collaborate on exploring deployment of Electriq’s proprietary hydrogen power tech  Electriq is at forefront of developing next-generation hydrogen solid carriers, with its tech to be showcased...

Triangle Energy (TEG) has been awarded a rig contract to drill Becos-1 – but defying mid-late October’s guidance, it mightn’t be until March 2025. Last month, the Perth Basin oil producer said it would expect drilling to commence by late...

ASX gains  as energy and mining stocks rally Arcadium Lithium surges  after Rio acquisition, while GYG reports strong Q1 Hurricane Milton lands and pushes oil prices higher   The ASX gained ground by 0.3% on Thursday and neared its recor...

Pilot Energy nabs $11.5 million offer for 376MW Three Springs solar farm development project Pilot expects transaction close before 2024 ends Alternative renewable energy sites closer to its Mid West Clean Energy Project to be accelerated...

Oil and gas explorer Pilot Energy (ASX: PGY) has received an $11.5 million offer from clean energy solutions provider EDP Renewables APAC to acquire the Three Springs solar farm project in Western Australia. The 376-megawatt farm is being d...

ASX rises as banking and tech sectors lead gains Arcadium Lithium surges on potential acquisition by Rio Tinto Retail groups urge Reserve Bank to cut rates ahead of holiday sales   The ASX200 index rose by 0.7% on Monday though investors...

Pilot Energy receives initial $3 million in Commonwealth grant funding to progress carbon capture at Mid West Clean Energy Project The initial grant funding forms part of the total grant funding of $6.5 million announced last month Pilot...

The ASX200 closed up half a percent at 7,971 points, as the market followed Wall Street’s strong lead. The IT sector lead the charge, up 1.62%, followed closely by Health Care 1.37% and Industrials 1.33%. The Energy sector lost 2% as the...

  Brad Lingo – Chairman – Pilot Energy Limited (ASX:PGY) is leveraging its existing oil and gas assets along with established infrastructure to develop competitive clean energy projects.