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Oil & 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... 


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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... 


Image shows the Woodside building
Court order hampers Scarborough development
29th September 2023 By: Esmarie Iannucci

The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) this week said that it would review a Federal Court decision which found that an environmental plan for part... 


Image shows a collage of climate change images
CCUS integral to net zero - IEA
27th September 2023 By: Esmarie Iannucci

Australian carbon reduction technology investment company Low Emission Technology Australia (LETA) has welcomed the International Energy Agency's (IEA) inclusion of carbon capture, utilisation and... 


Sasol moves to improve coal quality, completes study for new destoning unit
Sasol moves to improve coal quality, completes study for new destoning unit
26th September 2023 By: Darren Parker

JSE-listed energy group Sasol has confirmed that its planned new destoning unit, which has the potential to improve the quality of coal at its mines, will be on line towards the end of 2025 or... 


Walyering produces first gas
26th September 2023 By: Esmarie Iannucci

First gas has been produced from the Walyering gas filed, with the gas exported into the Parmelia gas pipeline under commissioning arrangements with gas major Santos. “The commencement of... 


Image shows an aerial view of the Wheatstone operation
Strike likely to end at Chevron operations
22nd September 2023 By: Esmarie Iannucci

Industrial action at the US Gorgon and Wheatstone liquefied natural gas (LNG) operations could come to a close as unions and US energy major Chevron agreed to a deal proposed by the Fair Work... 


APA raises A$200m in SPP
21st September 2023 By: Esmarie Iannucci

Energy infrastructure company APA Group has completed its share purchase plan (SPP), raising A$200-million, well above the targeted A$75-million. The SPP formed part of a greater capital raise,... 


Kinetiko takes full ownership of Amersfoort gas project
Kinetiko takes full ownership of Amersfoort gas project
21st September 2023 By: Esmarie Iannucci

South Africa-focused Kinetiko Energy has taken full ownership of the Afro Energy joint venture, having completed the acquisition of partner Badimo Gas’ interest. Kinetiko has issued Badimo with... 


Invictus raises A$15m for Zim gas hunt
21st September 2023 By: Esmarie Iannucci

ASX-listed Invictus Energy will raise A$15-million in a share placement from sophisticated and institutional investors to fund the upcoming Mukuyu-2 exploration campaign, in Zimbabwe. The company... 


An oil and gas exploration rig in Namibia
Africa’s newest oil jackpot comes with a corruption curse
20th September 2023 By: Bloomberg

It’s touted by some as possibly the world’s biggest-ever deep-water oil find. The discovery off the shores of Namibia last year by TotalEnergies and Shell of an estimated 11-billion barrels of... 


Image shows an LNG operation
ACCC predicts east coast gas surplus in 2024
20th September 2023 By: Esmarie Iannucci

The Australian Competition and Consumer Commission (ACCC) has revealed that Australia’s east coast gas market should have a 1.4 petajoule (PJ) surplus in the first quarter of 2024, even if the... 


Santos announces farm-downs in Alaska
Santos announces farm-downs in Alaska
20th September 2023 By: Esmarie Iannucci

Oil and gas major Santos has announced plans to farm down half of its working interest in 148 exploration leases, covering more than 270 000 acres of land, on the Alaska North Slope in an agreement... 


Blue Energy stumbles on approvals decline
20th September 2023 By: Esmarie Iannucci

The share price of ASX-listed Blue Energy fell nearly 16% on Wednesday after the Queensland Department of Resources declined to grant the company nine potential commercial area (PCA) applications... 


Image shows a handshake
Comet Ridge cements first offtake at Mahalo
19th September 2023 By: Esmarie Iannucci

ASX-listed Comet Ridge has signed its first gas sales agreement for the Mahalo gas hub, inking a seven-year agreement with Queensland-owned CleanCo. CleanCo will take 3PJ a year of natural gas... 


Woodside advances CCS studies
15th September 2023 By: Esmarie Iannucci

Oil and gas major Woodside this week told shareholders that the company was progressing carbon capture and storage (CCS) studies, having signed a memorandum of understanding (MoU) with three... 


Strike awarded production licence at South Erregulla
13th September 2023 By: Esmarie Iannucci

ASX-listed Strike Energy has been granted a production licence by the Department of Mines, Industry Regulation and Safety over its South Erregulla gas field, in Western Australia. South Erregulla... 


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