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IBM’s planned acquisition of HRL Laboratories could strengthen its quantum computing roadmap by adding silicon-spin qubit technology and expanding its advanced semiconductor research capabilities. Representative image.

Inside the quantum foundry race behind IBM’s move for HRL Laboratories

Representative image: Onshore oil field infrastructure in Queensland’s Surat Basin, illustrating Australian Oil Company Limited’s Emu Apple production restart, Riverslea development plans and ASX:AOK exploration push.

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Energy Industry News

Australian Oil Company (ASX:AOK) pushes Surat Basin oil and gas restart as first Emu Apple revenue nears

Australian Oil Company has first oil revenue, but ASX:AOK still needs production scale. The Surat Basin test is now about execution.

May 17, 2026

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