ASX:WOR

26 stories mentioning ASX:WORUpdated 13h ago

Every FINWIRES story that references ASX:WOR, newest first.

St George Mining Appoints Worley For Brazil Niobium-Rare Earths Project Technical Advisory Services

St George Mining (ASX:SGQ) appointed Worley (ASX:WOR) subsidiary Worley Engenharia to provide technical advisory services for the potential development of a niobium and rare earths mine at its Araxá project in Brazil, according to a Wednesday Australian bourse filing.St George Mining Brasil, a wholly-owned unit of St George, entered into a technical services agreement with Worley Engenharia, under which Worley will provide engineering and project management advice to support development studies.St George also engaged metallurgical experts in Australia to provide advice on metallurgical matters and serve as the competent persons for metallurgy disclosures.

ASX:SGQASX:WOR

Asia92d ago

Worley Secures New Contract With Materials Science Company

Worley (ASX:WOR) secured an engineering, procurement, and construction management services contract with materials science company Dow to provide front-end engineering design for the Fort Saskatchewan Path2Zero project in Canada, according to a Wednesday filing with the Australian bourse.The facility is expected to be operational by 2030, the filing said.Worley shares fell 1% in afternoon trade on Wednesday.

ASX:WOR

Asia93d ago

Gold Hydrogen Says to Start Flow Test at South Australia Project

Gold Hydrogen (ASX:GHY) is set to start a flow test program at the Ramsay project in South Australia, with equipment mobilization scheduled for late May and flow testing operations scheduled to start by late June, according to a Tuesday Australian bourse filing.The company said the flow test campaign will undertake separate zonal testing of discrete natural hydrogen and helium-bearing formations, following subsurface indicators, including soil gas results of up to 2,160 parts per million natural hydrogen, about 4,000 times atmospheric background, across the Ramsay project area.Phase one fluid inclusion studies across the company's high-grade exclusive application areas support the presence of regionally extensive natural hydrogen and helium generation systems across Gold Hydrogen's 77,292-square-kilometer tenement portfolio, the filing added.In parallel with the flow test program, the company is working with Worley (ASX:WOR) to assess early development, including the potential to fast-track a helium development at Ramsay to supply the Australian domestic market and enhance Australia's sovereign helium capability, it added.The company's shares fell 1% in recent Tuesday trade.

ASX:GHYASX:WOR

Asia101d ago

Australian Shares Close Modestly Higher; National Australia Bank Boosts Provisions to Reflect Middle East Conflict Impact

Australian shares were modestly higher at Monday's close as oil prices spiked and investors weighed the rising tensions between the US and Iran.The S&P/ASX 200 Index increased slightly by 6.4 points to close at 8,953.30.Tensions rose in the Middle East as the US seized an Iranian cargo ship and Iran's top military command said they would retaliate. The ceasefire between the two countries is set to expire on Tuesday.US President Donald Trump said he was sending envoys for talks in Pakistan and that he would launch new strikes on Iran if it didn't agree to his terms. However, Iran rejected new peace talks with the US, its state news agency reported.Brent crude oil futures were up by 5.7% to $95.50 per barrel.On the domestic front, ANZ said it expects Australia's underlying cash deficit to be little changed from the Mid-Year Economic and Fiscal Outlook at AU$37 billion in fiscal 2025 to 2026 and AU$36 billion in fiscal 2026 to 2027, with deficits averaging about 1% of gross domestic product likely over the forward estimates through to fiscal 2029 to 2030.Australian households' fuel spend dropped 3.8% to AU$163.4 million in the week that started April 6, following a nearly 18% decline to AU$169.8 million in the week before.In company news, National Australia Bank (ASX:NAB) said it expects fiscal first-half credit impairment charges of AU$706 million as it lifts provisions to reflect risks stemming from the Middle East conflict. The AU$300 million net increase in forward-looking collective provisions includes a AU$201 million increase in forward-looking adjustments for potential stress in sectors that are more likely to see an impact from fuel supply and cost issues.Viva Energy Group (ASX:VEA) reported a 5.1% year-over-year increase in first-quarter sales volume to 4,302 megaliters, driven by an increase of 7.1% in commercial and industrial fuel volume. The company said its Geelong refinery does not typically source Middle Eastern crude.Lastly, Worley (ASX:WOR) said the adverse impact of the Middle East conflict on its fiscal 2026 underlying earnings before interest, tax, and amortization is estimated to range from AU$30 million to AU$40 million.

ASX 200ASX:NABASX:VEAASX:WOR

Asia101d ago

Update: Worley Sees EBITA Impact of Up to AU$40 Million Due to Middle East Conflict; Shares Fall 6%

(Updates to add stock movement in the headline and last paragraph)Worley (ASX:WOR) said the adverse impact of the Middle East conflict on its fiscal 2026 underlying earnings before interest, tax, and amortization (EBITA) is estimated to range from AU$30 million to AU$40 million, according to a Monday filing with the Australian bourse.The company said it is now unlikely to achieve growth in underlying EBITA in fiscal 2026, but it continues to expect the underlying EBITA margin excluding procurement to be within a range of 9% to 9.5%, with no project cancellations to date due to the conflict.Worley said the extended duration of the conflict and continued uncertainty are resulting in further delays to existing Middle East-related projects and the commencement and award of new projects in the region, while it continues to target higher growth in aggregated revenue than fiscal 2025.The company said it anticipates medium- to longer-term growth opportunities from investment in regional pipeline and export infrastructure, and increased global focus on national security for alternate sources of energy, chemicals, and resources.The company's shares fell 6% in recent Monday trade.

ASX:WOR

Asia101d ago

Worley Sees EBITA Impact of Up to AU$40 Million Due to Middle East Conflict

Worley (ASX:WOR) said the adverse impact of the Middle East conflict on its fiscal 2026 underlying earnings before interest, tax, and amortization (EBITA) is estimated to range from AU$30 million to AU$40 million, according to a Monday filing with the Australian bourse.The company said it is now unlikely to achieve growth in underlying EBITA in fiscal 2026, but it continues to expect the underlying EBITA margin excluding procurement to be within a range of 9% to 9.5%, with no project cancellations to date due to the conflict.Worley said the extended duration of the conflict and continued uncertainty are resulting in further delays to existing Middle East-related projects and the commencement and award of new projects in the region, while it continues to target higher growth in aggregated revenue than fiscal 2025.The company said it anticipates medium- to longer-term growth opportunities from investment in regional pipeline and export infrastructure, and increased global focus on national security for alternate sources of energy, chemicals, and resources.

ASX:WOR

Showing 21-26 of 26

Track with the FINWIRES app suite

FolioX

Track ASX:WOR in your portfolio

WheelAI

Analyze ASX:WOR options with the wheel strategy

StockInsider

See market sentiment on ASX:WOR