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Oil & Gas

Mineral and Petroleum Resources Minister Gwede Mantashe
Mantashe wants newly launched SANPC to lead oil refining revival
23rd May 2025 By: Terence Creamer

Mineral and Petroleum Resources Minister Gwede Mantashe has indicated that he wants the newly launched South African National Petroleum Company (SANPC) to play a central role in reviving domestic... 


Woodside expects global gas demand to rise by 50% from now to 2030, CEO says
20th May 2025 By: Reuters

Woodside Energy, Australia's top natural gas producer, expects global gas demand to increase by 50% from now to 2030, CEO Meg O'Neill said on Tuesday. "The message is very clear, consistent,... 


Renergen’s JSE share price surges on buyout offer
20th May 2025 By: Schalk Burger

Gas and energy company Renergen’s share price on the JSE surged by more than 78% on May 20, after the company and Nasdaq-listed advanced materials company ASP Isotopes announced that ASP Isotopes... 


Santos gets green light for A$3.6bn Narrabri gas project
Santos gets green light for A$3.6bn Narrabri gas project
20th May 2025 By: Reuters

Santos' A$3.6-billion Narrabri gas project in Australia can proceed, a tribunal ruled, as boosting domestic energy supply outweighed concerns the development would hurt the climate and damage... 


Murray Watt
Australia’s biggest LNG plant has to win over a new Minister
12th May 2025 By: Bloomberg

Australia’s new environment minister faces a tight deadline to familiarize himself with a controversial and long-delayed application to run the nation’s oldest and biggest liquefied natural gas... 


DHL Supply Chain Europe, Middle East Africa CEO Hendrik Venter.
Coordinated action needed to realise green hydrogen ambitions, DHL CEO highlights
8th May 2025 By: Martin Creamer

South Africa’s world-leading platinum group metals (PGM) endowment received a major boost last month when European Commission president Ursula von der Leyen referred specifically to clean energy... 


Australian climate protesters disrupt Woodside's annual meet
Australian climate protesters disrupt Woodside's annual meet
8th May 2025 By: Reuters

Climate change protesters blew whistles and shouted on Thursday as they disrupted Australian Woodside Energy's annual general meeting, heckling CEO Meg O’Neill and forcing several suspensions.... 


Suncor reports first-quarter profit beat on refining strength
7th May 2025 By: Reuters

Canadian oil producer Suncor Energy reported first-quarter profit above analysts' expectations on Tuesday, as it benefited from greater refinery production and sales volumes. The upbeat results... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Ramokgopa announces big increase in gas-to-power load factor to 50%-plus
5th May 2025 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has announced that the load factor for proposed gas-to-power (GtP) plants in South Africa will be increased from 25% to above 50%. Speaking... 


commodities trading screens
Global commodity prices expected to drop to six-year low by 2026 – World Bank
29th April 2025 By: Darren Parker

Faltering economic growth is coinciding with ample oil supply in ways that are expected to cause a drop in global commodity prices to their lowest level of the 2020s, according to the World Bank’s... 


Woodside approves $17.5bn US LNG project, targets 2029 start
29th April 2025 By: Reuters

Australia's Woodside Energy announced on Monday it has approved a $17.5-billion investment for the construction of a liquefied natural gas (LNG) plant in Louisiana. It is the first financial... 


Woodside weighs Trump tariff impact on $1.2bn Louisiana LNG project
23rd April 2025 By: Reuters

Woodside Energy, Australia’s top gas producer, said on Wednesday it was assessing the impact of US tariffs and other trade measures on its Louisiana liquefied natural gas plant project as it inches... 


A handful of ferrochrome.
Working group has been established to extend ferrochrome's horizon, Minister reports
22nd April 2025 By: Martin Creamer

A working group with industry has been established to improve the operating environment for long-term sustainability of South Africa’s ferrochrome industry, Trade, Industry and Competition Minister... 


An oil refinery
Silver lining spied for Africa’s gold exporters, oil importers
22nd April 2025 By: Bloomberg

Surging gold and the slide in oil prices are offering some African countries a rare boost, as the region copes with the fallout from President Donald Trump’s trade war and freeze on US aid. While... 


World Bank president Ajay Banga
World Bank's Banga doubles down on intent to end a ban on loans for nuclear power projects
17th April 2025 By: Reuters

World Bank president Ajay Banga on Wednesday doubled down on his push to revamp the bank's energy strategy to end a ban on lending for nuclear power projects and enable more natural gas projects,... 


Santos says Alaska oil project could start early while first-quarter revenue dips
17th April 2025 By: Reuters

Australian oil and gas producer Santos said on Thursday it could potentially bring forward the startup for its Pikka phase 1 in Alaska, while posting a 7% fall in first-quarter sales revenue due to... 


Woodside hires Mexico Pacific CEO Bairstow for Louisiana LNG project
16th April 2025 By: Reuters

Australia's top gas producer Woodside Energy aid on Wednesday it had hired Sarah Bairstow, the chief executive of Mexico Pacific, for its Louisiana liquefied natural gas plant in the United... 


Minerals Council CEO Mzila Mthenjane, senior policy analyst, public affairs and transformation Fundiswa Ndaba, and senior executive, public affairs and transformation Tebello Chabana.
Minerals Council scoring big on South Africa’s socioeconomic transformation front
9th April 2025 By: Martin Creamer

Minerals Council South Africa has been scoring big on the transformation front, going well beyond compliance, and hopes are now high that the upcoming Minerals and Petroleum Resources Development... 


Oil suffers biggest 5-day drop since 2022, metals plunge as trade war escalates
Oil suffers biggest 5-day drop since 2022, metals plunge as trade war escalates
9th April 2025 By: Reuters

il prices fell to a four-year low on Wednesday in its worst five-day losing streak in three years, while several commodities, including base metals, tumbled as the trade war between China and the... 


CHIETA CEO Yershen Pillay.
Platinum-based green hydrogen on way to becoming South Africa’s new gold – CHIETA
8th April 2025 By: Martin Creamer

Three new green hydrogen qualifications are being registered with the Quality Council for Trades and Occupations to enable South Africa to seize the platinum group metals (PGMs)-linked green... 


An offshore oil rig
Oil tumbles further as US-China trade conflict fuels recession fears
7th April 2025 By: Reuters

Oil prices extended losses on Monday, falling 3% as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude while OPEC+ readies... 


Gold bars
Oil, copper slide as Trump tariffs rattle markets; gold hits record high
3rd April 2025 By: Reuters

Commodities including oil, copper and agricultural products fell on Thursday as US President Donald Trump's aggressive tariffs on key trading partners fuelled fears of a global recession, while... 


Anil Agarwal
Indian conglomerate Vedanta seeks global partner for $20bn expansion plan
2nd April 2025 By: Reuters

Indian metals-to-oil conglomerate Vedanta is looking for a global company to partner with on expansion projects worth $20-billion across zinc, aluminium, copper, iron, steel, oil, gas and power, as... 


Mozambique starts review of mining, oil and gas laws
1st April 2025 By: Bloomberg

Mozambique has started a process to review and modernise the southeast African nation’s legal framework for mining, oil and gas, the Ministry of Mineral Resources and Energy said Monday. The... 


Woodside to sell some Trinidad and Tobago assets for $206m
28th March 2025 By: Reuters

Australia's Woodside Energy said on Friday it would sell some assets in its offshore oil and gas project in Trinidad and Tobago to London-based Perenco for $206-million. The sale includes the... 


Master Drilling robotic arm.
Robotic rig uplifts productivity 50%, cuts water 75%, Master Drilling reports
27th March 2025 By: Martin Creamer

A robotic rig deployed at a project last year increased productivity by about 50% and consumed 75% less water than the more conventional rigs working on the same contract, Master Drilling director... 


Doug Burgum
Trump administration to open more Alaska acres for oil, gas drilling
21st March 2025 By: Reuters

US Interior Secretary Doug Burgum on Thursday announced steps to open up more acreage for oil and gas leasing and lift restrictions on building an LNG pipeline and mining road in Alaska, carrying... 


The above image depicts an oil rig
Sector growth forecast amid newfound interest – SAOGA
21st March 2025 By: Lynne Davies

Following success in oil and gas exploration in neighbouring countries and growing continental demand, regional oil and gas industry body the South African Oil & Gas Alliance (SAOGA) has noted a... 


The above image depicts a gas flame
Mixed reaction to African oil, gas opportunities – GlobalData
21st March 2025 By: Lynne Davies

Investors are responding to opportunities in Africa’s oil and gas sector with optimism and caution, influenced by a variety of geopolitical and economic challenges across the continent, says data... 


ExxonMobil Australia, Woodside approve final investment decision for A$350m gas project
17th March 2025 By: Reuters

ExxonMobil's Australian unit said on Monday that its Gippsland Basin joint venture with Woodside Energy has approved its final investment decision to develop the Turrum Phase 3 project, targeting... 


Activist investor defies Woodside directors election citing climate risk, poor returns
Activist investor defies Woodside directors election citing climate risk, poor returns
13th March 2025 By: Reuters

The Australasian Centre for Corporate Responsibility (ACCR) expressed dissent on Thursday against all directors due for election at the upcoming annual general meeting of Woodside Energy, citing... 


Kevin Gallagher
Australia's Santos to hike investment in US due to pro-energy policy - CEO
11th March 2025 By: Reuters

Australian oil and gas producer Santos will look to increase investments in the United States because of the pro-energy policies of US President Donald Trump's administration, Santos CEO Kevin... 


Canadian Prime Minister Justin Trudeau
Canada muses about oil and gas exports as lever in tariffs dispute, also mentions potash
6th March 2025 By: Reuters

The United States is withdrawing from the Just Energy Transition Partnership, a collaboration between richer nations to help developing countries transition from coal to cleaner energy, several... 


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