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Oil & Gas

Chevron invests in low carbon projects
11th August 2023 By: Esmarie Iannucci

Oil and gas major Chevron has announced investments in two lower carbon projects in Western Australia. In its first nature-based carbon offsets project in Australia, Chevron will provide funding... 


Premier backs Scarborough deal
10th August 2023 By: Esmarie Iannucci

The Western Australian government has backed energy major Woodside’s $880-million deal with a subsidiary of LNG Japan Corporation to sell a 10% stake in the Scarborough liquefied natural gas (LNG)... 


Image shows Woodside logo on building
Woodside sells 10% in Scarborough
8th August 2023 By: Esmarie Iannucci

Oil and gas major Woodside has struck a near $880-million deal with a subsidiary of LNG Japan Corporation to sell a 10% stake in the Scarborough project. LNG Japan will pay Woodside a purchase... 


Bayu-Undan partners for CCS
7th August 2023 By: Esmarie Iannucci

Oil and gas major Santos and the joint venture (JV) partners at the Bayu-Undan project have signed a memorandum of understanding (MoU) with Timor-Leste’s national oil company TIMOR GAP to explore... 


Image shows Woodside CEO Meg O'Neill
King condemns protest action at Woodside boss' home
3rd August 2023 By: Esmarie Iannucci

Federal Resources Minister Madeleine King has condemned environmental protesters who were this week arrested outside the home Woodside boss Meg O’Neill. WA Police this week laid charges against... 


Jadestone forced to stop Montara
1st August 2023 By: Esmarie Iannucci

Upstream oil and gas company Jadestone Energy has suspended operations at its Montara floating production and storage operation (FPSO) offshore Australia, after a gas alarm was triggered. The... 


Strike/Talon deal sinks again
1st August 2023 By: Esmarie Iannucci

ASX-listed Strike Energy has again made and abandoned a bid for fellow-listed Talon Energy. Talon in July told shareholders it had been approached by Strike with a non-binding and indicative... 


UK Prime Minister Rishi Sunak
Britain commits to future North Sea oil and gas licences
31st July 2023 By: Reuters

Britain on Monday committed to granting future licences for North Sea oil and gas extraction as part of efforts to become more energy independent, in plans that have drawn criticism from... 


Senex signs another offtake deal at Atlas
31st July 2023 By: Esmarie Iannucci

Energy major Senex has inked a conditional gas supply agreement with French multinational utility company ENGIE for the supply of 9PJ of natural gas from its proposed Atlas expansion, in the... 


APA cuts the ribbon at new gas connector
28th July 2023 By: Esmarie Iannucci

Energy infrastructure group APA Group has officially opened its Northern Goldfields Interconnect (NGI) pipeline, in Western Australia, providing greater energy security and supporting growth and... 


Image shows an LNG plant
Victoria bans gas in new-build homes
28th July 2023 By: Esmarie Iannucci

The Victorian government has announced a landmark decision to phase out gas in new homes, drawing criticism from the industry. From January 2024, planning permits for new homes and residential... 


Strike makes and withdraws offer for Talon
25th July 2023 By: Esmarie Iannucci

ASX-listed Talon Energy on Tuesday confirmed that it had been approached by fellow-listed Strike Energy with a non-binding and indicative takeover offer, but that this offer had subsequently been... 


Image shows Santos operations
Santos' production rises in June quarter
21st July 2023 By: Esmarie Iannucci

Oil and gas major Santos has reported a 3% increase in production during the three months to June, compared with the previous quarter, on the back of higher production from its Western Australian... 


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,... 


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