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Oil & Gas

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... 


Big Oil finds more to love in deepwater exploration fields
6th May 2024 By: Reuters

As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the US Gulf Coast will take the... 


Renergen successfully producing liquid helium at Virginia project
6th May 2024 By: Simone Liedtke

ASX- and JSE-listed gas producer Renergen is now able to liquify helium in batches from its wells at the Virginia gas project, in South Africa’s Free State province. Since April 2, the... 


Canadian Natural Resources considering major expansion of Horizon oil sands mine
3rd May 2024 By: Reuters

Canada's largest oil and gas producer Canadian Natural Resources is looking at opportunities to significantly increase bitumen output at its main oil sands mine, the company said on Thursday.... 


Glencore CEO Gary Nagle
Glencore’s Rustenburg ferrochrome smelter remains idled
30th April 2024 By: Martin Creamer

Pending an improved price and cost environment, Glencore said in its first-quarter 2024 production report on Tuesday that its Rustenburg ferrochrome smelter in South Africa’s North West province... 


Woodside investors vote down climate plan, rebuking Australia's top gas producer
Woodside investors vote down climate plan, rebuking Australia's top gas producer
24th April 2024 By: Reuters

Shareholders rejected Woodside Energy's climate plan on Wednesday, marking a symbolic victory for activists who have called for Australia's biggest gas producer to stop new fossil fuel projects,... 


Gas tanks
Invictus partners with Zim-focused gold miner to investigate gas supply to Eureka mine
23rd April 2024 By: Marleny Arnoldi

ASX-listed Invictus Energy has signed a memorandum of understanding (MoU) that could lead to a maiden gas offtake agreement with Dallaglio Investments, involving the supply of gas to the Eureka... 


Lhyfe Founder and CEO Matthieu Guesné.
New green hydrogen trading base uplifting platinum group metals demand outlook
23rd April 2024 By: Martin Creamer

The green hydrogen sector now has a digital platform on which users can buy and sell green hydrogen by the click of a button, it was announced on Tuesday.  Euronext-listed Lhyfe, the French group... 


Australian pension major votes against Woodside chair, climate plan ahead of AGM
Australian pension major votes against Woodside chair, climate plan ahead of AGM
22nd April 2024 By: Reuters

Australia's third-largest pension fund has voted against the re-election of Woodside Energy chair Richard Goyder and the firm's climate action plan in a rebuke to the company's campaign to win... 


QPM shifts focus to gas and energy, curtails TECH spending
QPM shifts focus to gas and energy, curtails TECH spending
22nd April 2024 By: Creamer Media Reporter

Mining and energy group Queensland Pacific Metals (QPM) has unveiled a strategic overhaul aimed at accelerating growth and advancement of its gas and energy assets. The ASX-listed company has... 


Kyiv, Ukraine
G7 still looking at frozen Russian assets to help Ukraine, foreign ministers say
19th April 2024 By: Reuters

The Group of Seven (G7) major powers are continuing to look at ways to use frozen Russian sovereign assets to help fund support for Ukraine, G7 foreign ministers said on Friday. "As requested by... 


Santos posts fall in quarterly revenue on lower production, volumes
Santos posts fall in quarterly revenue on lower production, volumes
18th April 2024 By: Reuters

Australian oil and gas producer Santos said on Thursday its first-quarter revenue fell about 14%, hurt by lower production across its product portfolio and a decline in volumes in recent months.... 


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... 


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