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Oil & Gas

Senator Joe Manchin says an outdated permitting system is stifling economic growth.
US miners applaud, urge action on mine permitting
23rd July 2024 By: Mariaan Webb

National Mining Association (NMA) president and CEO Rich Nolan said on Monday that maintaining the status quo on mine permitting was no longer viable and urged immediate reform of the process. In... 


Australia announces new offshore gas exploration permits to plug supply gaps
23rd July 2024 By: Reuters

Australia on Tuesday announced new offshore gas exploration permits for its east and west coast markets in a bid to ease concerns over long-term supply gaps as the country moves rapidly away from... 


Woodside to buy US LNG developer Tellurian for $1.2bn
Woodside to buy US LNG developer Tellurian for $1.2bn
22nd July 2024 By: Reuters

Australia's Woodside Energy said on Monday it had agreed to buy US liquefied natural gas developer Tellurian, including its US Gulf Coast Driftwood LNG export project, for $1.2-billion including... 


BC Premier David Eby
British Columbia Premier walks tightrope between resource boom, green goals
9th July 2024 By: Bloomberg

British Columbia Premier David Eby sees a way for his province to exploit its abundant resources and proximity to Asia — without sacrificing environmental pledges core to his political platform.... 


Santos CEO Kevin Gallagher
Santos boss is racing against time to build a gas giant
8th July 2024 By: Bloomberg

Kevin Gallagher is in a race against time. A veteran of Australia’s oil and gas industry, the Scotsman has earned acclaim for transforming Santos Ltd into the country’s second-largest fossil fuel... 


Alaska sues to challenge new NPR-A oil and gas leasing rules
Alaska sues to challenge new NPR-A oil and gas leasing rules
4th July 2024 By: Reuters

The state of Alaska on Wednesday said it has filed a lawsuit challenging new federal regulations imposed for oil and gas leasing in the National Petroleum Reserve-Alaska (NPR-A). In April,... 


US judge halts Biden administration's pause on LNG permits
2nd July 2024 By: Reuters

A federal judge on Monday dealt President Joe Biden's climate agenda a setback by blocking the Democrat's administration from continuing to pause the approval of applications to export liquefied... 


Businessmen shaking hands
Dealmakers optimistic on global M&A prospects despite sluggish growth
28th June 2024 By: Reuters

Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024.... 


Minerals Council CEO Mzila Mthenjane being interviewed by Mining Weekly.
Mining needs one-stop regulatory environment to boost growth – Minerals Council
27th June 2024 By: Martin Creamer

South African mining needs what is often referred to as a one-stop shop to ensure that an applicant is not sent from one department to the other but goes to one place where the application is... 


Australia's Tamboran Resources raises $75m in New York listing
Australia's Tamboran Resources raises $75m in New York listing
27th June 2024 By: Reuters

Australia's Tamboran Resources has priced its shares at $24 each to raise $75-million in its New York listing, according to the company's filings on Thursday. The company sold 3.125-million shares... 


Barrick Gold chairperson John Thornton
Business model of Western mining industry needs new power, London Indaba highlights
25th June 2024 By: Martin Creamer

New power is needed by the Western mining industry, which is still functioning on a trailing old power business model. This was highlighted at Tuesday’s London Indaba, where a spotlight was shone... 


Australia's east faces immediate gas shortage amid cold snap, outage
21st June 2024 By: Reuters

Australia's east is facing a gas shortage after a cold snap drove up demand for heating and power while supply dipped due to an extended outage at the region's main gas plant, the energy market... 


Canada oil sands group removes online content over federal anti-greenwashing rules
Canada oil sands group removes online content over federal anti-greenwashing rules
21st June 2024 By: Reuters

he Pathways Alliance, a group of Canada's biggest oil sands producers, has removed all content about environmental goals from its website and social media pages, citing "significant uncertainty"... 


Fraud cops investigating ex-Glencore staff plan to press charges
Fraud cops investigating ex-Glencore staff plan to press charges
18th June 2024 By: Bloomberg

British prosecutors investigating former Glencore employees over bribery allegations said they plan to bring long-awaited criminal charges. More than 18 months after first revealing that as many... 


AmaranthCX director Paul Miller.
Reserve Bank concern about decline of public markets welcome development – Miller
12th June 2024 By: Martin Creamer

The concern that South Africa’s Reserve Bank expressed last week on the state of this country’s public markets is seen as a welcome development by AmaranthCX director and public market promoter... 


Kinetiko secures A$4.9m
12th June 2024 By: Tasneem Bulbulia

ASX-listed Kinetiko Energy’s renounceable pro-rata entitlement offer to eligible shareholders, announced in May, closed on June 11 and raised about A$4.9-million (before costs), with strong support... 


A coal-fired power station
Civil society coalition emphasises need for accountability, transparency, equity to achieve a ‘fair’ just transition
10th June 2024 By: Schalk Burger

A coalition of civil society organisations from Indonesia, Senegal, South Africa and Vietnam on June 10 launched their ‘Principles for a Fair Just Energy Transition Partnership (JETP)’, which... 


New Zealand to introduce bill to reverse oil and gas exploration ban
10th June 2024 By: Reuters

w Zealand's government said on Sunday it would introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil and gas sector. The... 


Canada's oil sands CEOs push back against proposed oil and gas emissions cap
Canada's oil sands CEOs push back against proposed oil and gas emissions cap
7th June 2024 By: Reuters

Canada's biggest oil sands producers support a paying a tax on carbon but see a proposed federal oil and gas emissions cap as unnecessary legislation, the companies' CEOs told lawmakers in Ottawa... 


A wind turbine and a fossil fuel-powered plant
Investment in clean energy to reach $2tr this year, outpacing investment in fossil fuels
6th June 2024 By: Bloomberg

Investment in clean energy technologies will climb to $2-trillion this year, almost double the amount spent on fossil fuels, according to the International Energy Agency (IEA). Two-thirds of the... 


Tony O'Neill
Former Anglo exec joins Woodside board
3rd June 2024 By: Creamer Media Reporter

Australian energy major Woodside has appointed Tony O’Neill as a nonexecutive director with effect from June 3. "We continually review our board composition to ensure that Woodside's board is best... 


OPEC+ extends deep oil production cuts into 2025
3rd June 2024 By: Reuters

OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival US... 


Hydrogen symbol
Nel spin-off company Cavendish Hydrogen applies for listing in Norway
31st May 2024 By: Marleny Arnoldi

Cavendish Hydrogen, which is being spun out of Norwegian fuel cell company Nel’s fuelling division, has applied for its shares to be listed on the Oslo Stock Exchange. The spin-off and listing... 


Australian natural gas industry seeks policy repairs to boost investment
24th May 2024 By: Reuters

Australia's natural gas industry executives are seeking more measures to restore an investment environment they say has been damaged by a series of state interventions to boost domestic supply and... 


Opening Junior Indaba panel (from left) Lili Nupen, Tseliso Maqubela, Errol Smart, Mosa Mabuza, Bernard Swanepoel.
Latest cadastre agreement excites South Africa’s Junior Indaba panel
21st May 2024 By: Martin Creamer

There were expressions of excitement at the South Africa’s Junior Indaba on Tuesday when attendees at the important mining event learnt of the signing of the service-level agreement (SLA) for South... 


Energy’s conflict-fuelled swings aren’t over, Woodside CEO says
Energy’s conflict-fuelled swings aren’t over, Woodside CEO says
21st May 2024 By: Bloomberg

Energy markets will continue to be impacted by the Russian invasion of Ukraine and the Israel-Hamas conflict, according to Woodside Energy Group, Australia’s largest oil and gas producer “The... 


Australia gas producers endorse govt strategy, warn of shortages this decade
20th May 2024 By: Reuters

Australia's energy producers endorsed a government strategy to boost natural gas development, but warned the country still faces new gas supply shortfalls this decade while markets remain volatile... 


Strong support for QPM’s A$19m placement
16th May 2024 By: Creamer Media Reporter

ASX-listed Queensland Pacific Metals (QPM) has successfully completed a A$0.38-a-share placement raising A$19.1-million to drive growth initiatives. The placement, QPM said on Thursday, was... 


Wildfire has moved closer to Canadian oil city, says local authority
Wildfire has moved closer to Canadian oil city, says local authority
15th May 2024 By: Reuters

A large wildfire threatening the major Canadian oil sands city of Fort McMurray moved closer overnight and weather conditions were unfavorable, the local authority said on Wednesday. The fire was... 


Santos to sack 200 employees as project approvals slow
Santos to sack 200 employees as project approvals slow
15th May 2024 By: Reuters

Santos, Australia's No. 2 independent gas producer, on Wednesday said it will remove around 200 roles in Western Australia, Northern Territory, and Timor-Leste unit due to sluggish project... 


Well testing ahead of gas flow to the generator
Kinetiko thrilled with successful onshore gas-to-power demonstration in South Africa
14th May 2024 By: Creamer Media Reporter

ASX-listed Kinetiko Energy has successfully demonstrated that it can produce gas-to-power (GtP) from an onshore natural gas resource at its Amersfoort project, in Mpumalanga, South Africa. The... 


From left, CHIETA CEO Yersen Pillay, Higher Education and Training Department DDG Zukile Mvalo, and Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo.
Green energy presenting South Africa with massive reindustrialisation chance – Nedbank
13th May 2024 By: Martin Creamer

Green electrons and green molecules are presenting South Africa with a massive opportunity to reindustrialise, Nedbank CIB head of infrastructure, energy and telecommunications Mike Peo told the... 


Australia backs long-term gas exploration despite 2050 climate goals
Australia backs long-term gas exploration despite 2050 climate goals
9th May 2024 By: Reuters

Australia's resources minister said on Thursday she backs the long-term exploration of potential natural gas projects, setting up a potential clash with opposition lawmakers and some in the... 


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