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OIL & GAS

Pilot Energy lands $5m lifeline amid mounting pressure on carbon storage play

Korean interest still non-binding as ASX suspension and $100m cleanup risk linger

Rueben Hale
Embattled Pilot Energy has secured a $5m boost for its offshore carbon storage push under the Mid West Clean Energy Project.

Embattled Pilot Energy has secured a $5m boost for its offshore carbon storage push under the Mid West Clean Energy Project. | Credits: File photo

Pilot Energy has resumed trading on the ASX after securing $5 million in fresh capital, marking a critical step as it battles funding shortfalls and mounting pressure over its ambitious offshore carbon...

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