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Company News
Market wrap: Australia bucks global trend as weak energy and miners deflate the ASX 200
Once again, Australia’s relative lack of technology stocks has seen the local market fail to keep pace with strong offshore leads. On Friday after all three major US equity benchmarks reset new highs, weakness in mining and energy stocks in Australia dragged the ASX 200 index down by 0.2% or 11.4 points, to 7770.6 points. […]
Lion Energy set to pioneer Australia’s first urban hydrogen hub at Port of Brisbane
Lion Energy (ASX: LIO) has received development approval from the Queensland government for what it believes might be the first hydrogen generation and refuelling hub in an Australian city. The approval means the green hydrogen refuelling facility to be located at the Port of Brisbane (PoB) gives Lion the green light to proceed to the […]
Lion Energy to explore green hydrogen opportunities in Queensland with Wagner Corporation
Perth-based oil and gas firm Lion Energy (ASX: LIO) has signed an agreement with Australian property group Wagner Corporation Pty Ltd to explore opportunities relating to the development of green hydrogen facilities at Queensland’s Wellcamp Business Park and Pinkenba Wharf. The agreement will allow the companies to look at collaborating on potential developments. It follows […]
Lion Energy steps into green hydrogen space with $2.8m capital raising
As the clean energy revolution powers ahead, Lion Energy (ASX: LIO) is shouldering into the space after receiving firm commitments to raise $2.8 million to pursue possible green hydrogen development on Seram Island in Indonesia. The green hydrogen industry is growing across the globe with the Australian Government announcing only this week it was committing […]
Lion Energy confirms 203% boost in reserves at Oseil oilfield within Seram (Non-Bula) joint venture acreage
Perth-based oil and gas company Lion Energy (ASX: LIO) has confirmed the Oseil oilfield in East Indonesia houses significantly higher reserves than originally anticipated, following a reserves and contingent resources report by a US-based petroleum consultancy. Houston-based firm Miller and Lents completed the report in December on behalf of the Seram (Non-Bula) production sharing contract […]