Articles On Pilot Energy (ASX:PGY)

The State of the Environment report paints a bleak picture of the health of the nation’s natural environment  “Australia has lost more mammal species than any other continent over the past 200 years”, the report says The NT and INPEX deci...

Joint venture partners Triangle Energy (TEG) and Pilot Energy (PGY) progress activities for the first oil export through the Port of Geraldton Following trucking from the Arrowsmith Stabilisation Plant in Perth, 24,500 barrels of oil have...

Investors have demonstrated their support for Pilot Energy and its Mid West Clean Energy Project by committing to a $2.2m placement priced at 1.7c per share. New and existing sophisticated, institutional and professional investors will subs...

The ASX 200 and XEC both down more than 1% It was tech and mining’s fault, and that was probably China’s fault Despite volatility big rises among small names  After some strong gains to close out last week’s upside surprises, both the res...

Pilot Energy (PGY) enters a trading halt ahead of a capital raise So far, it is not known how much the company is aiming to raise or where the funds will be spent Under the halt, company shares will be paused until Monday, July 11, or whe...

The ASX 200 closed higher and small caps lower as investors sought for bargains amid the Wednesday resources wreck. Overnight in New York, the Dow Jones closed 0.2% ahead as the US jobs market continued to display especial vigour. The S&amp...

Aussie hydrogen and carbon capture developer Pilot Energy has just locked in a Memorandum of Understanding with US-based 8 Rivers Capital to invest in Australia’s next carbon capture and storage (CCS) project.  According to the MOU on Pilot...

Energy transition leaders are urging businesses to factor in Scope-3 emissions  UniSA reckons tens of thousands of wind turbines will end up in landfill by the end of the decade Solar panels can be hazardous in landfill, where materials c...

ASX ends the week sore-arsed and red-faced Some shining glimmers of hope rise among wildly swinging small caps GUD has a ‘Guh’ moment as profit downgrade sends investors scurrying   The ASX has spent this week being led by the nose into s...

As Australia’s east coast residents struggle to stay warm, ministers have recommended a National Transition Plan, a capacity mechanism, and exploration of gas market policies But the IEEFA says the proposed capacity mechanism may well and...

In this series, global equities portfolio manager James White ditches micro and macro and embraces “The Meta” perspective. A place where James can obsess over the detritus of where economies crash into equities. Whitey’s house is Lessep IM,...

Recently completed technical and project economics studies have confirmed the minimal work and capex required to bring Pilot Energy’s Stage 1 Cliff Head Carbon Capture and Storage (CCS) project in WA’s Mid-West to fruition. Pilot Energy’s...

Today in Australian politics, commitments have been long on words and very, very short on what net-zero means, according to experts If net-zero targets are to be taken seriously, Australia needs to stop the development chain of oil, coal,...

Pilot Energy isn’t wasting any time on delivering what will be Mid-West Western Australia’s first operating offshore carbon capture and storage (CCS) project, with the company having now engaged key consultants to move the project forward....

Energy Minister Angus Taylor to reveal three new carbon capture and storage (CCS) projects CCS technology under fire from industry experts who say it is expensive and widely disputed PGY making moves at Mid West Clean Energy Project in WA...

Origin Energy has reached an important milestone in its plans to develop a large-scale battery at Eraring Power Station Two NZ companies are planning to build the country’s first nationwide hydrogen refuelling network Aussie largest bus bu...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Triangle Energy (TEG) enters a trading halt regarding a potential capital raise It isn’t clear how much the oil producer will raise nor how it plans to spend the money once received Earlier this week, the company began a seismic survey ove...

Energy One acquires CQ Energy, making it the largest provider of 24/7 operational energy services in the country  Magnis reaches 67% completion milestone at its New York lithium-ion battery plant Pilot and Triangle Energy to restructure pr...

Pilot Energy and Triangle Energy have struck a deal to re-align their interests in the Cliff Head JV which will allow the pair to charge ahead with a proposed carbon capture and storage (CCS) project in WA’s Mid-West. Pilot Energy (ASX:PGY)...

WA oil producer Triangle Energy and joint venture partner Pilot Energy have signed an export deal with the Port of Geraldton from expanded facilities at its Perth Basin processing plant.

March was an alright month for the APA Group (ASX: APA) share price despite no price sensitive news being released by the company. The energy infrastructure company’s stock gained 6.17% last month, ending March trading at $10.67. That was...

IPCC report finds  action to reduce greenhouse gas emissions is increasing around the globe A swift exist from fossil fuels, including coal, is needed Countries will respond to IPCC findings at COP27 in Egypt this year    The world has ev...

Pilot Energy (PGY) increases its stake in the WA 481P offshore exploration permit to 100 per cent in Western Australia The company finalised the purchase of the remaining 40 per cent interest in the petroleum project it previously did not...

Climate spending will received a 35% cut over the next four years if Morrison is re-elected Electric vehicles lose out in federal budget, as does renewable energy Qantas reveals interim target of 25pc reduction by 2030   The Morrison gove...

The Tempest, a tale of love, revenge and family set at sea, is thought to be the last play that William Shakespeare wrote alone. One area it doesn’t touch on in detail is staggering riches; a theme now more relevant to shareholders in Tempe...

Clean energy company PhosEnergy wins grant to develop power generation units without a fuel source  Global Energy Ventures’ EPA referral submission advancing on track for completion in the June quarter WA Mid West base for Pilot Energy’s h...

The APA Group (ASX: APA) share price is surging higher on Monday, hitting a new 52-week high in the process. In intraday trade the company’s stock rose to trade at $10.62 ­– the highest it’s been since November 2020. At the time of writi...

Feasibility studies being undertaken by Pilot Energy in WA’s Mid-West have confirmed the viability of the company’s existing Cliff Head Oil Field infrastructure and operations to be transformed into a globally competitive, integrated clean...

Oil prices have been soaring on concerns that the Russia-Ukraine conflict could further reduce already stretched crude supplies, though some commentators have already written off the 3-4 million barrels per day that Russia typically sells i...

The Russia-Ukraine conflict pushed oil prices beyond the US$100/b mark this month, and while they’ve settled somewhat, prices could be set to skyrocket. Added to this, OPEC is sticking to its guns with the consortium ignoring calls to ramp...

Goldman Sachs says hydrogen generation could become a $1 trillion per year market Queensland Government announces $3,000 rebate for EV purchases under $58k Billionaire backed Sun Cable raises $210mn   Yep, you heard that right. Green hydr...

Danish renewable energy developer, Copenhagen Energy, has ambitious plans to install 200 wind turbines off the coast of Western Australia between Mandurah and Bunbury, helping WA fast-track its path to decarbonisation and easing the states’...

The US Department of Energy (DOE) announced a series of actions on Tuesday to advance climate action in the industrial sector, including the allocation of more than US$9 billion to develop clean hydrogen capacity in the US. “Clean hydrogen...

Large cap Aussie stocks managed to close slightly higher on Monday, after a fickle few hours of afternoon trade. But that brave little battler, the Emerging Markets index (ASX:XEC) is down 2.3%. — its biggest drop since February 3. It foll...

Off the back of rising climate ambition and policy action from countries around the world, research firm BloombergNEF says a new record $755 billion was invested into the low-carbon energy transition in 2021. Clean power and electrification...

The S&P/ASX200 is still climbing at the close, with a reassuring word or two from the RBA and strength on Wall Street seemingly doing the trick. Most sectors in the green, except tech, with the iron ore big guns leading the way for Mate...

The S&P/ASX200 is still climbing at the close, with a reassuring word or two from the RBA and strength on Wall Street seemingly doing the trick. Most sectors in the green, except tech, with the iron ore big guns leading the way for Mate...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Following positive early indications from feasibility studies, Pilot Energy has decided to retain full ownership of its WA-481-P permit and Cliff Head Renewable Energy Project. Pilot Energy (ASX:PGY) has made substantial progress on advanci...

Carbon capture and storage (CCS) is a misunderstood technology and because of this is often viewed negatively, but for Australia to meet its net zero emissions target, several experts agree that CCS is going to have to play a key role.   In...

BloombergNEF says prices for carbon offsets – verified emissions reductions equivalent to one ton of carbon each – could be as high as $120/ton or as low as $47/ton in 2050, depending on what types of supply are eligible to meet the rapidly...

It looks like them energy names are on the rise Wednesday, largely punching above a local market weighed down by weak US leads and possibly boredom. But don’t thank our collective refusal to acknowledge a warming planet. In this case oil pr...

Around the world Against a backdrop of tempestuous markets and an important meeting of the world’s leaders at COP26 in Glasgow, the inevitable transition towards a decarbonised future has started to take shape. Joe Biden’s ascendency to the...

While regulatory approval for the proposed transaction remains pending Pilot will progress the work program for the exploration permit independently of Triangle.

The hydrogen boom is well underway but the real game changer for the energy transition will come when low-carbon green hydrogen costs become competitive in major markets, Wood Mackenzie research analyst Bridget van Dorsten says. New researc...

ASX recovered some lost ground in arvo trade but still finished 0.54% down, as markets continue to be shaken by the discovery of the omicron variant of COVID-19 and falling oil prices. Resources and tech managed to finish in the green – by...

Coal has been high on the decarbonisation agenda, but Wood Mackenzie metals and mining vice chair Julian Kettle says the inconvenient truth is that we still need coal-fired power to ensure an orderly transition to a low carbon world. While...

The Australian bourse recouped most of yesterday’s losses despite tech stocks dropping again, this time by 3.49%. The ASX 200 rose 0.78%, closing at 7,411 points, with the gains driven by the resources and energy sectors, which gained 2.3%...

While the Australian government struggles to come up with adequate policies to support the transition to net zero emissions by 2050, highlighted by the recent release of an underwhelming Future Fuels and Vehicle Strategy, BloombergNEF says...