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Oil & Gas

Brookfield's consortium partner EIG Partners would take on Origin's integrated gas business, which includes the 27.5% stake in Australia Pacific LNG (pictured).
Brookfield submits new $10.6bn proposal for Origin Energy
23rd November 2023 By: Reuters

Origin Energy, Australia's biggest energy retailer, said on Thursday it had received a revised $10.6-billion takeover bid from a Brookfield-led consortium that would allow institutional investors... 


Rooftop and small-scale installations account for about two-thirds of the four-million jobs in the PV sector
There are already more clean-energy than fossil-fuel jobs and gap is set to widen
15th November 2023 By: Terence Creamer

More people work in the energy sector today than in 2019, almost exclusively because of the growth in clean-energy sectors, which have employed more workers than fossil fuels since 2021, a new... 


Sibanye-Stillwater CEO Neal Froneman.
Renewables now critical part of metal mining thinking, says Sibanye-Stillwater
14th November 2023 By: Martin Creamer

Renewables have become a critical part of metal mining thinking, the Sibanye-Stillwater Battery Metals Investor Day 2023 audience heard on Tuesday. “If you look at electricity, renewables are... 


Mineral Resources and Energy Minister Gwede Mantashe
Bill outlines broad ‘energy value chain’ mandate for State petroleum company
14th November 2023 By: Terence Creamer

Mineral Resources and Energy Minister Gwede Mantashe has released a draft Bill for public comment outlining the establishment of the South African National Petroleum Company (SANPC), which the... 


Anglo American's Moranbah coal mine and power plant
Europe warns methane polluters as bloc pushes to slash emissions
14th November 2023 By: Bloomberg

The European Union (EU)  aims to slash methane emissions by clinching a deal that could have global ramifications if major energy importers are targeted over leaks of one of the most potent... 


Tullow signs $400m debt facility deal with Glencore
13th November 2023 By: Reuters

Tullow Oil said on Monday it had entered into a $400 million five-year debt facility deal with Glencore, which would help manage its senior notes maturing through 2026. The facility, with Glencore... 


An image of Mineral Resources and Energy Minister Gwede Mantashe
Oil, gas development activism lambasted
10th November 2023 By: Nadine Ramdass

Lengthy and costly litigation is stymying significant progress in exploration and development of oil and gas deposits in South Africa, according to Mineral Resources and Energy Minister Gwede... 


An image of Mineral Resources and Energy Deputy Minister Dr Nobuhle Nkabane.
Sustainable gas development needed for South Africa
10th November 2023 By: Nadine Ramdass

Accelerated exploration in the oil and gas sector is critical for South Africa to boost economic development, help meet climate change targets by offering less carbon-intensive fossil fuels, and... 


An image of workers on site at an oil rig
Health, safety measures boost productivity
10th November 2023 By: Nadine Ramdass

In the oil and gas sector, prioritising the health and safety of workers is crucial, particularly considering that operating in onshore and offshore environments presents unique health challenges... 


Harmony's Great Noligwa gold mine.
Solar power generation poised to save Harmony Gold R3.6bn
7th November 2023 By: Martin Creamer

Gold-mining company Harmony estimates that it will achieve total cumulative net present value savings of R3.6-billion from its three solar power projects, one of them already generating 30 MW of... 


Australian explorer advances in gas potential probe in South Africa’s Mpumalanga province
31st October 2023 By: Marleny Arnoldi

ASX-listed gas explorer Kinetiko Energy will start drilling five appraisal production wells to the west and north of Volksrust, in February next year, in efforts to commercialise advanced shallow... 


German Chancellor Olaf Scholz
Germany's Scholz says his country willing to invest in Nigerian gas, minerals
29th October 2023 By: Reuters

German Chancellor Olaf Scholz said on Sunday his country was willing to invest in gas and critical minerals in Nigeria, Africa's largest oil producer, as he started a two-nation visit to... 


An offshore oil rig
Global oil demand to reach its peak this decade, IEA says
24th October 2023 By: Bloomberg

Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing popularity of electric cars and the cooling of China’s economy. The... 


An image depicting an oil platform on the ocean
Conference hears calls for unified action
20th October 2023

During her keynote address at this year’s Southern Africa Oil and Gas Conference, Deputy Minister in the Presidency Pinky Kekana called on all sectors of South Africa to work together to realise... 


An image depicting Patience Panashe
Oil and gas can benefit S Africa, deserves consideration
20th October 2023 By: Sabrina Jardim

With about 27-billion barrels of prospective oil and gas resources on its south, west and east coasts, as well as more than 5.6-trillion cubic metres of prospective shale gas resources onshore,... 


An image depicting a light bulb with a tree growing inside
Energy transition raises questions
20th October 2023 By: Sabrina Jardim

The African oil and gas industry is facing increasing pressure to clarify the implications of the energy transition for upstream operations and business models, and explain the contributions that... 


Image shows a Santos operation at sunset
Santos faces court action, but soothes with stellar quarter
19th October 2023 By: Esmarie Iannucci

The Australian Energy Regulator (AER) has started proceedings in the Federal Court against oil and gas giant Santos, alleging breaches of important record keeping obligations in the National Gas... 


Woodside posts solid quarter
18th October 2023 By: Esmarie Iannucci

Oil and gas major Woodside has reported an 8% increase in production for the quarter ended September, with production reaching 47.8-million barrels of oil equivalent. The company on Wednesday... 


Image shows smoke stacks
More urgency needed for CCUS development - Woodmac
13th October 2023 By: Esmarie Iannucci

Advisory firm Wood Mackenzie (Woodmac) has called for urgency to meet the seven-billion tonnes carbon capture required to meet the global net zero goals by 2050. Speaking in Houston this year,... 


Tamboran proposes move to the US
12th October 2023 By: Esmarie Iannucci

Natural gas developer Tamboran Resources has announced its intention to re-domicile the company and its subsidiaries from Australia to the US, by way of a proposed scheme of arrangement. All... 


More green industrial policy support needed in commodity-dependent countries
10th October 2023 By: Darren Parker

The United Nations Conference on Trade and Development (Unctad) has called on the global community to provide support for green industrial policies in commodity-dependent developing countries to... 


Image shows a handshake
ACCC clears Origin takeover
10th October 2023 By: Esmarie Iannucci

The Australian Competition and Consumer Commission (ACCC) has granted approval for the A$18.4-billion acquisition of ASX-listed Origin Energy by a consortium consisting of includes Brookfield... 


Image shows an LNG container ship
Aus to remain LNG trading giant - Minister
10th October 2023 By: Esmarie Iannucci

Federal Resources Minister Madeleine King on Tuesday said that the Future Gas Strategy discussion paper, released earlier this month, was wholly cognisant of the need for Australia to consider its... 


Pluto now fully remote
6th October 2023 By: Esmarie Iannucci

Energy major Woodside is now operating its Pluto liquefied natural gas (LNG) plant, in Western Australia, remotely from Perth, some 1 500km away. The remote operations center, dubbed Moorditj... 


Suncor to buy Total's Fort Hills stake in C$1.47bn deal
5th October 2023 By: Bloomberg

Suncor Energy agreed to buy TotalEnergies' stake in the Fort Hills oil-sands mine for C$1.47-billion after an earlier deal to buy the French company’s Canadian assets was scuttled by... 


Nicky Oppenheimer.
Conservation: if business-as-usual continues, world’s doomed – Oppenheimer conference hears
4th October 2023 By: Martin Creamer

World-renowned conservationist Jane Goodall reminded hundreds of scientists present at the 12th Oppenheimer Research Conference in Midrand that if the world carries on with a business-as-usual... 


Image shows LNG container ship
AEP welcomes Future Gas Strategy consultation
4th October 2023 By: Esmarie Iannucci

Australian Energy Producers (AEP) this week said the Australian government’s Future Gas Strategy consultation paper highlighted the urgent need for investment in new gas supply to avoid future... 


Image shows iron-ore being loaded to ship
Australian resource exports poised to fall
4th October 2023 By: Esmarie Iannucci

Australia’s commodity export earnings are forecast to fall from last year’s record A$467-billion to A$400-billion in 2023–24, and A$352-billion by 2024–25, the Department of Industry, Science and... 


Vedanta chairperson Anil Agarwal
Vedanta split unlikely to help parent's near-term debt crisis – analysts
3rd October 2023 By: Reuters

Metals-to-oil conglomerate Vedanta's move to split into six separate units in the next 15 months may not immediately help its UK-based parent meet a looming payment deadline for about $4.2-billion... 


Image shows an LNG operation
Consultation starts on Future Gas Strategy
3rd October 2023 By: Esmarie Iannucci

The federal government has released a discussion paper and opened consultations on a national Future Gas Strategy. Minister for Resources and Northern Australia Madeleine King said Australia’s... 


Shell's Mereenie offtake a step closer
2nd October 2023 By: Esmarie Iannucci

Energy major Shell’s gas supply agreement with the Mereenie joint venture (JV) partners has become unconditional. Shell last year struck a supply agreement with ASX-listed Cue Energy for the... 


Vedanta chairperson Anil Agarwal
Vedanta demerges divisions into subsidiaries
29th September 2023 By: Marleny Arnoldi

Dual-listed miner Vedanta's board has approved the demerger of its diversified businesses into separate subsidiaries. The exercise will result in a demerged Vedanta and five wholly-owned... 


QPM's Northern Hub gets enviro approval
29th September 2023 By: Esmarie Iannucci

ASX-listed Queensland Pacific Metals (QPM) has been granted federal environmental approval for its Northern Hub, in Queensland. QPM Energy has sought regulatory approvals for development of the... 


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