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Oil & Gas

From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


Canada unions brace for 2025 labour crunch in oil sands maintenance season
17th April 2024 By: Reuters

Annual maintenance on Canada's oil sands plants is forecast to cause no more disruption than usual this year, but trade union officials are warning of a labour crunch during Alberta's 2025... 


Woodside under climate pressure from Australia's pension body
Woodside under climate pressure from Australia's pension body
12th April 2024 By: Bloomberg

Some of Australia’s top pension funds have been advised to oppose Woodside Energy Group’s climate strategy, potentially adding pressure on the energy producer over its approach to emissions. The... 


Ministerial Advisor and Presidency Green Hydrogen Lead Masopha Moshoeshoe.
South Africa well placed to benefit from huge green hydrogen outlook, attendees hear
11th April 2024 By: Martin Creamer

Green hydrogen has a massive potential future and South Africa is very well positioned to produce it, attendees of the Hydrogen Economy Discussion heard on Thursday. Most of the 90-million tonnes... 


Santos shareholders re-elect Keith Spence as chair
11th April 2024 By: Reuters

Australia's Santos re-elected Keith Spence as its chair after a majority of shareholders voted in his favour despite unrest over the oil company's inadequate response to climate woes, results of... 


Hydrogen economy, platinum group metals go together.
Platinum-linked green hydrogen set to be world’s ‘new oil’, Forbes article highlights
10th April 2024 By: Martin Creamer

There's no climate solution without hydrogen. It’s the missing piece of the clean energy puzzle, says a global CEO-led initiative that brings together leading companies with a united vision. This... 


Proxy advisor CGI Glass Lewis recommends Woodside Energy chairman's ouster
5th April 2024 By: Reuters

Proxy advisor CGI Glass Lewis has asked shareholders of Australia's Woodside Energy to vote against the re-election of chairman Richard Goyder and against the company's climate strategy at the... 


gas pipes leading to gas terminal
Role of gas in SA’s future energy mix under intense scrutiny
5th April 2024 By: Darren Parker

Given South Africa’s ongoing energy crisis, there remains much debate around whether gas should be included in the future energy mix and, if so, how much. Advocates argue that the fossil fuel is a... 


Senegal's newly elected President Bassirou Diomaye Faye
Senegal's new president announces oil, gas and mining sector audit
4th April 2024 By: Reuters

Senegal will conduct an audit of the oil, gas and mining sectors, newly elected President Bassirou Diomaye Faye told the nation in a televised speech on Wednesday, while also reassuring investors... 


Sasol president and CEO Simon Baloyi
Sasol streamlines its executive committee’s portfolios
3rd April 2024 By: Schalk Burger

JSE-listed energy and chemicals company Sasol has streamlined the portfolios of the members of its group executive committee, with effect from April 1. This involves changes to important functions... 


Oil and gas rig
Enviro groups approach High Court over TotalEnergies Cape coast drilling plans
26th March 2024 By: Marleny Arnoldi

Environmental organisations The Green Connection (TGC) and Natural Justice have submitted an application in the High Court against the environmental authorisation granted to TotalEnergies... 


Kinetiko’s deepest core hole to date reveals promising results
26th March 2024 By: Darren Parker

ASX-listed Kinetiko Energy, which is conducting onshore gas exploration in Mpumalanga, South Africa, has completed its deepest core hole to date. “Following our previous announcement indicating... 


Woodside completes sale of 10% Scarborough interest
Woodside completes sale of 10% Scarborough interest
26th March 2024 By: Creamer Media Reporter

Oil and gas major Woodside Energy has completed the sale of a 10% nonoperating participating interest in the Scarborough joint venture (JV) to LJ Scarborough (LNG Japan). The company in August... 


An image of the Rompco pipeline facilities
Gas industry undergoes shift amid depleting supply
22nd March 2024 By: Nadine Ramdass

The South African gas industry is experiencing pressure as gas supply from energy company Sasol’s Pande and Temane gas fields, in Mozambique, is expected to decline from 2026, while liquified... 


An image of the Mukuyu well site
Zimbabwean gas project spurs regional interest
22nd March 2024 By: Nadine Ramdass

Following the discovery of the Mukuyu gas field in the Cabora Bassa basin, in northern Zimbabwe, oil and gas explorer Invictus Energy is confident further discoveries will be made in the basin. The... 


LNG infrastructure
Energy investor Reatile gears up for LNG importation as gas shortage looms
15th March 2024 By: Marleny Arnoldi

In light of the looming natural gas supply constraints from mid-2026, investment company Reatile Group is actively engaging Sasol on mitigating the gap between 2026 and the eventual arrival of... 


Methane emissions in the oil and gas industry
Energy industry’s methane emissions near record despite pledges
13th March 2024 By: Bloomberg

Global methane emissions from fossil fuels held near a record high last year, the International Energy Agency (IEA) said in its annual 'Methane Tracker' report, renewing concerns that governments... 


China’s commodities imports surge but demand may yet disappoint
China’s commodities imports surge but demand may yet disappoint
7th March 2024 By: Bloomberg

China’s raw materials purchases surged in the first two months of the year, as importers took advantage of weaker prices for some commodities and prepared for more stimulus from Beijing to lift... 


screens showing commodity stock exchanges
Disappointing results from world’s top miners highlight market challenges, Tickmill says
26th February 2024 By: Darren Parker

The underwhelming results from two of the largest global multinational mining and commodity companies Anglo American and Glencore, which both released their 2023 financial and preliminary results... 


Woodside to sell $1.4bn stake in key gas project to Jera
Woodside to sell $1.4bn stake in key gas project to Jera
23rd February 2024 By: Bloomberg

Woodside Energy Group to a $1.4-billion deal to sell a 15.1% stake in its flagship Scarborough liquefied natural gas project to Jera Co., Japan’s biggest power producer, as consumers aim to secure... 


Renergen's Virginia gas project
Renergen resumes LNG deliveries
15th February 2024 By: Simone Liedtke

Liquefied natural gas (LNG) deliveries from the Virginia project, in the Free State, have restarted following a planned maintenance outage, gas producer Renergen confirmed on February 15. The... 


Woodside flags $1.2bn charge against asset bought under BHP merger
Woodside flags $1.2bn charge against asset bought under BHP merger
15th February 2024 By: Reuters

Woodside Energy, Australia's largest energy firm, flagged a non-cash post tax-asset impairment of around $1.2-billion from its Shenzi oil and gas field in its 2023 fiscal earnings, sending its... 


The BMW iX5 Hydrogen passenger car being refuelled with green hydrogen.
Hydrogen cars come into sharp new focus as global climate politics takes turn for better
14th February 2024 By: Martin Creamer

For the first time, luxury vehicle manufacturer BMW has a fleet of hydrogen-fuelled cars on South Africa’s roads, supported by a green hydrogen refuelling infrastructure set up at its Midrand... 


Energy Minister Jonathan Wilkinson
Risk of stranded LNG assets is 'real', Canada’s Wilkinson says
14th February 2024 By: Bloomberg

The US decision to pause approvals of new licenses to export liquefied natural gas is welcome, and there are “real” risks that some infrastructure will end up stranded, Canada’s Energy Minister... 


Australia fossil fuels should face new climate levy, experts say
Australia fossil fuels should face new climate levy, experts say
14th February 2024 By: Bloomberg

Producers and consumers of fossil fuels in Australia, one of the world’s coal and gas powerhouses, should pay a new climate levy under efforts to accelerate a transition to a greener economy,... 


Nedbank CIB) Energy Finance Co-Head Amith Singh.
Power aggregators seen as key accelerators of South African mining’s energy transition
13th February 2024 By: Martin Creamer

Many energy projects selling to one buyer, who in turn sells to many mines – this procurement model is seen as a key financial tool to accelerate the energy transition of South Africa’s mining... 


Strike Energy plunges as much as 31% due to problems at gas well
13th February 2024 By: Bloomberg

Australian oil and gas producer Strike Energy lost almost a third of its value at one point on Tuesday as the company’s shares plunged due to problems at a key gas well. The South Erregulla-3 well... 


Alberta’s Premier Smith sees US LNG export pause as opportunity
9th February 2024 By: Reuters

President Joe Biden’s decision to pause approval of new liquefied natural gas export licences is an opportunity for Canada as the country prepares to start exporting the fuel, Alberta’s Premier... 


Woodside, Santos scrap talks on A$80bn merger
Woodside, Santos scrap talks on A$80bn merger
7th February 2024 By: Reuters

Australia's Woodside Energy and Santos said on Wednesday they had ended talks to create a possible A$80-billionglobal oil and gas giant, and Santos flagged it would look for other ways to bolster... 


President Cyril Ramaphosa at the Mining Indaba.
South Africa’s mining industry now 39% black-owned, Mining Indaba hears
5th February 2024 By: Martin Creamer

In 2004, the year South Africa’s far-reaching Mining Charter was first introduced, black ownership in South Africa’s globally recognised mining industry stood at a negligible 2%. This has now leapt... 


Shell new country chair reaffirms commitment to mining
Shell new country chair reaffirms commitment to mining
5th February 2024

Mining Weekly talks to newly appointed Shell Downstream South Africa country chair for South Africa Aluwani Museisi on the first day of the Investing in African Mining Indaba. Museisi succeeds... 


Shell committed to support sustainable mining
Shell committed to support sustainable mining
5th February 2024 By: Tracy Hancock

Oil and gas company Shell is showcasing and recommitting its support to sustainable mining through its products and solutions that help customers achieve their performance and profitability... 


Biden’s natural gas export project freeze is a 'mistake', Exxon CFO says
5th February 2024 By: Mariaan Webb

The Biden administration’s decision to halt new natural gas-export licences is a “mistake” that will slow efforts to reduce climate-damaging emissions, according to Exxon Mobil. “Reducing... 


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