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Oil & Gas

Image shows the North Rankin complex
Woodside closes difficult quarter
19th July 2023 By: Esmarie Iannucci

Oil and gas major Woodside has reported a 5% decline in production during the second quarter ended June, compared with the first quarter, owing to planned turnaround and maintenance activities.... 


Aus joins methane mitigation alliance
19th July 2023 By: Esmarie Iannucci

Australia has signed the joint statement on Accelerating Methane Mitigation from the Liquefied Natural Gas (LNG) Value Chain, joining the US, Japan, the Republic of Korea and the European Union.... 


A ship transporting LNG
Closer dialogue between producers, consumers needed to ensure security of gas supply
18th July 2023 By: Schalk Burger

The global energy crisis sparked by Russia’s invasion of Ukraine in February 2022 has transformed the structure of natural gas markets, necessitating closer dialogue between producers and consumers... 


Image shows the Woodside building
Woodside delays Sangomar start
18th July 2023 By: Esmarie Iannucci

Energy major Woodside has flagged delays and cost increases at its Sangomar Field Development Phase 1 project, in Senegal, following a cost and schedule review. The company on Tuesday said that... 


Exxon to buy Denbury for $4.9bn in CO2 pipeline push
14th July 2023 By: Bloomberg

Exxon Mobil agreed to buy Denbury for $4.9-billion, its biggest acquisition in six years, in a deal that will provide the oil giant the largest network of carbon dioxide pipelines in the US. The... 


Image shows flare from an oil and gas rig
Australia's Gas Code comes into effect
11th July 2023 By: Esmarie Iannucci

Australian oil and gas producers have called on the federal government to focus on new supply as the mandatory Gas Code of Conduct comes into effect. The Code of Conduct is aimed at securing more... 


Image shows an LNG tanker
Australia has sufficient gas for 2024 - ACCC
4th July 2023 By: Esmarie Iannucci

Australia’s east coast gas market is expected to have enough supply to meet overall demand in 2024, the Australian Competition and Consumer Commission (ACCC) said at the tail end of last week. In... 


Image shows operations at Port Hedland
Australia's resource exports forecast to drop
3rd July 2023 By: Esmarie Iannucci

Australia’s export earnings are expected to fall over the next two years to 2025 as energy prices return to levels seen before Russia’s invasion of Ukraine. In the latest Resources and Energy... 


US Department of State Bureau of Energy Resources Office of Energy Transformation acting director Scott Woodard.
Clean hydrogen could be virtually zero cost, US energy diplomat tells London Indaba
30th June 2023 By: Martin Creamer

The main founders of the Inflation Reduction Act envision the US legislation as a clean energy bill to lower the costs of green energy technologies for everyone around the world as well as being... 


Business for South Africa chairperson Martin Kingston
Private sector working with government on multiple work streams to end loadshedding
29th June 2023 By: Martin Creamer

The private sector is so far working with government on six of the ten energy crisis work streams, for which business raised R100-million to procure skills and expertise for donation on an arm's... 


Origin signs up to battery cleantech investee
28th June 2023 By: Esmarie Iannucci

Energy major Origin Energy has acquired a 5% stake in ASX-listed ReNu Energy’s battery cleantech investee company Allegro Energy for A$4-million. The funding and partnership are intended to... 


Image shows solar panels
TotalEnergies and Petronas work on solar project to power Roma
28th June 2023 By: Esmarie Iannucci

Energy major TotalEnergies this week signed a strategic collaboration deal with the Petronas’ clean energy solutions company Gentari Renewables to develop renewable energy projects in the Asia... 


Image shows stacked coins
Tamboran raises cash for Beetaloo basin
27th June 2023 By: Esmarie Iannucci

Natural gas developer Tamboran Resources has unveiled a near A$71.4-million capital raise to accelerate the development of its Beetaloo Basin projects. The company on Tuesday said it had received... 


Solar panels
Renewables growth did not dent fossil fuel dominance in 2022, report says
26th June 2023 By: Reuters

Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry's Statistical Review of... 


Miners must limit environmental impacts - King
26th June 2023 By: Esmarie Iannucci

Australia’s mining and downstream processing companies would need to move to a more sustainable footing in order to benefit from the future demand of critical minerals, federal Resources Minister... 


WA's mining contributed A$98.9bn to economy in 21-22 - CME
26th June 2023

An annual survey into the Western Australian resources sector has found that the state’s mining, energy and contractor industries contributed a direct A$98.98-billion to Australia’s economy in... 


Image shows an LNG ship
Australia continues at the head of the global energy pack - report
26th June 2023 By: Esmarie Iannucci

Geoscience Australia’s 2023 assessment of Australia’s Energy Commodity Resources (AECR 2023) has revealed that Australia has maintained its role as leader in the global energy supply chain. AECR... 


QPM strikes CSG deal with Fitzroy
23rd June 2023 By: Esmarie Iannucci

ASX-listed Queensland Pacific Metals (QPM) has inked a memorandum of understanding (MoU) with coal miner Fitzroy Coal Management to accelerate gas drainage at the Carboroug Downs coal mine, in the... 


Image shows an LNG plant
Tamboran advances Beetaloo and Middle Arm plans
23rd June 2023 By: Esmarie Iannucci

Natural gas developer Tamboran Resources has tapped ASX-listed APA Group as the preferred transmission pipeline partner for its Beetaloo Basin development. The two companies have now signed a term... 


Image shows the Woodside building
Woodside approves $7.2bn Trion project
20th June 2023 By: Esmarie Iannucci

Australian energy major Woodside has approved the $7.2-billion Trion development in Mexico, subject to joint venture approval. Woodside’s share of capital expenditure would amount to $4.8-billion,... 


Image shows a handshake
Senex strikes gas deal with AGL
16th June 2023 By: Esmarie Iannucci

Gas producer Senex has struck a conditional gas supply agreement with energy supplier AGL for the supply of up to 42 petajoules (PJ) of natural gas from January 2025 from its proposed Atlas... 


Proof will be in the pudding says Appea
16th June 2023 By: Esmarie Iannucci

The Australian Petroleum Production & Exploration Association (Appea) said this week that the test for the government’s newly introduced Mandatory Code of Conduct would be if it could support the... 


Trudeau govt seeks collaboration at first meeting with new Alberta Premier
15th June 2023 By: Reuters

The government of Canadian Liberal Prime Minister Justin Trudeau wants to work with the newly elected conservative premier of the country's main oil-producing province, Alberta, to fight climate... 


Image shows the Gladstone LNG operation
Govt finalises new Gas Code
15th June 2023 By: Esmarie Iannucci

The federal government has completed the design of the Mandatory Gas Code of Conduct (Gas Code), placing emphasis on securing additional domestic supply in the short term, and facilitating... 


Gas leak no threat - Santos
14th June 2023 By: Esmarie Iannucci

Oil and gas major Santos said on Wednesday that the gas leak from the Legendre fields, offshore Western Australia, were non-toxic and unlikely to represent an environmental hazard. Media reports... 


Minerals Council South Africa CEO Roger Baxter 
.
I’ll somehow re-emerge in the mining sector at some point in the future, says Baxter
13th June 2023 By: Martin Creamer

I’ll somehow re-emerge in the mining sector at some point in the future, outgoing Minerals Council South Africa CEO Roger Baxter said on Tuesday, when spoke to Mining Weekly in a Teams interview.... 


Santos wells leaking offshore WA - report
13th June 2023 By: Esmarie Iannucci

The National Offshore Petroleum Safety and Environment Management Authority (NOPSEMA) on Tuesday said that it would not comment on oil and gas major Santos’ environment plans at its Legendre... 


Chevron marks milestone at Gorgon
Chevron marks milestone at Gorgon
12th June 2023 By: Esmarie Iannucci

The Gorgon liquefied natural gas (LNG) joint venture marked the first production of gas from its Stage 2 development last week, off the coast of Western Australia. The Stage 2 development expands... 


Image shows worker boost stacked
NT moves on Middle Arm Sustainable Development Precinct
9th June 2023 By: Esmarie Iannucci

The Northern Territory government has issued ‘not to deal’ commitments to five proponents over specific parcels of land at the Middle Arm Sustainable Development Precinct, as part of the... 


An image of Core Consultants founder and MD Lara Smith
Hurdles stifle sustainable industry growth
9th June 2023 By: Nadine Ramdass

Despite significant growth and investment in recent years in the Mozambique mining industry, ongoing challenges need to be addressed to ensure sustainable development and growth, says commodities... 


Image shows LNG plant
WA lends support to Strike's gas plans
8th June 2023 By: Esmarie Iannucci

The Western Australian government has awarded ASX-listed Strike Energy’s gas acceleration strategy Lead Agency Service. The company earlier this year unveiled the strategy to bring up to four gas... 


Blue Energy could provide gas to Moranbah
8th June 2023 By: Esmarie Iannucci

ASX-listed Blue Energy has signed a non-binding memorandum of understanding (MoU) with fellow listed Queensland Pacific Metals Energy (QPME) to potentially supply gas on an ‘as available’ basis... 


Invictus raises cash for Zim oil and gas hunt
6th June 2023 By: Esmarie Iannucci

ASX-listed Invictus Energy has raised A$12.75-million from a share placement to sophisticated and institutional investors to fund further oil and gas exploration in Zimbabwe. Under the placement,... 


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pqt: 2.101s - ct: 2.344s - 385pq - 2rq
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