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Oil & Gas

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... 


Santos and Barossa JV partners invest in Aboriginal communities
1st February 2024 By: Creamer Media Reporter

Oil and gas major Santos and its joint venture (JV) partners in the Barossa gas project on Thursday announced they would invest up to A$10-million in Northern Territory coastal Aboriginal... 


ICMM CEO Rohitesh Dhawan
Global mining commits to nature-positive future
18th January 2024 By: Martin Creamer

Global mining and metals companies have committed at Davos to take urgent action to support a nature-positive future by 2030 that promotes the health, diversity and resilience of species,... 


Busy week for DMRE as it hosts IPP bidders conferences and IRP workshop
Busy week for DMRE as it hosts IPP bidders conferences and IRP workshop
15th January 2024 By: Terence Creamer

The Department of Mineral Resources and Energy (DMRE) and the Independent Power Producer Office (IPPO) have a busy week ahead, with three virtual bidders conferences to be hosted over Wednesday and... 


Norway Parliament votes in favour of seabed mining, as expected
Norway Parliament votes in favour of seabed mining, as expected
10th January 2024 By: Reuters

Norway's Parliament on Tuesday voted in favour of allowing Arctic seabed mineral exploration, in line with a deal reached between the government and key opposition parties last month, overcoming... 


Russian billionaire Abramovich loses legal challenge against EU sanctions
20th December 2023 By: Reuters

Russian billionaire Roman Abramovich on Wednesday lost a legal challenge to overturn sanctions imposed on him by the European Union in the wake of Russia's invasion of Ukraine, after an EU court... 


Santos, Toho Gas to collaborate on producing carbon-neutral e-methane in the Cooper Basin
19th December 2023 By: Creamer Media Reporter

Australian oil and gas exploration and production company Santos has signed an agreement with Japanese gas utility company Toho Gas to investigate the potential for producing carbon-neutral... 


An office with Woodside's logo
Woodside signs MoU with Japanese firms to collaborate on carbon capture studies
19th December 2023 By: Creamer Media Reporter

Australia-headquartered Woodside Energy has signed a nonbinding memorandum of understanding (MoU) with four Japanese companies to enable studies of a potential carbon capture and storage (CCS)... 


EU adopts 12th package of sanctions against Russia
18th December 2023 By: Reuters

The European Union (EU) Council has adopted a twelfth package of sanctions against Russia, the European Commission said in a statement on Monday, after Austria gave its final approval over the... 


Shale gas production
US frackers are back to haunt Opec’s price strategy
17th December 2023 By: Bloomberg

Opec’s one-time nemesis — US shale — is rearing its head just months after the sector was all but written off as a threat to the cartel’s sway over worldwide oil markets. Drillers from the Permian... 


COP28 president Dr Sultan Al Jaber
COP28 ends with deal on transition away from fossil fuels
13th December 2023 By: Bloomberg

The COP28 climate talks in Dubai ended in a deal that saw a commitment to transition away from all fossil fuels for the first time. The president of this year’s UN-sponsored summit, the UAE’s... 


Woodside and Santos in talks to form $5bn Australian oil giant
Woodside and Santos in talks to form $5bn Australian oil giant
7th December 2023 By: Reuters

Australia's Woodside Energy and Santos said on Thursday they were in preliminary talks to create an A$80-billion global oil and gas giant, as consolidation among international energy firms... 


Woodside and Mexico Pacific sign LNG supply deal
6th December 2023 By: Creamer Media Reporter

Australia’s Woodside has signed a sales and purchase agreement with Mexico Pacific to purchase 1.3-million tonnes a year, equivalent to about 18 cargoes a year, of liquefied natural gas (LNG) for... 


An image showing the TotalEnergies logo
TotalEnergies takes steps to broaden methane emission reductions in the oil, gas sector
5th December 2023 By: Tasneem Bulbulia

TotalEnergies has announced the signing of three cooperation agreements with national oil and gas companies – Petrobras in Brazil, SOCAR in Azerbaijan and Sonangol in Angola – to carry out methane... 


ARM founder and executive chairperson Dr Patrice Motsepe and Wits ARM Building.
African Rainbow Minerals provides R20-million for Wits University research
23rd November 2023 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) is supporting postdoctoral research into water, energy and digitalisation at the University of the Witwatersrand (Wits) in Johannesburg.... 


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