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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...
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...
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...
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...
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...
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...
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...
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...
Green hydrogen is presenting South Africa with a good target point at a time when the African continent is on the cusp of a massive revolution in the energy space. “For South Africa in particular,...
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...
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...
Traders are seeking buyers for piles of unused coal before it becomes worthless after the fuel was hoarded to save Europe’s economy from running out of power last year. As concern over energy...
Oil and gas major Santos has rejected allegations of human rights breaches, following allegations of such at its Barossa gas project, its Darwin liquefied natural gas (LNG) life extension project,...
A new report from the Australian Institute of Marine Science (AIMS) has highlighted the growth of Australia’s offshore gas industry. The AIMS Index of Marine Industry 2023 noted that despite the...
The Group of Seven rich nations put support for gas investments back into their communique on Saturday, calling it a "temporary" step as they try to de-couple from Russian energy, in a move...
The oil and gas industry has called on the federal government to jointly develop a national carbon capture, utilisation and storage (CCUS) strategy. Speaking the Australian Petroleum Production &...
Research firm Wood Mackenzie has urged Australia’s oil and gas industry to urgently fast-track the creation of energy “super basins” to provide a pathway to greater sustainability and cut...
The Australian government has urged the oil and gas sectors to partner with the government to scale-up Australia’s net zero ambitions, while the government works to implement a range of recently...
The Western Australian government on Thursday reported a budget surplus of A$3.3-billion in 2023-24, with a surplus position maintained over the next four years, supporting a record A$39-billion in...
Federal Treasurer Jim Chalmers has announced changes to the Petroleum Resource Rent Tax (PRRT), saying it would deliver a fairer return to the Australian community from their natural resources....
South Africa is striving to meet its energy needs. Increasing maintenance requirements on existing and ageing infrastructure, high levels of investment and capital required for new energy assets,...
Oil and gas major Santos has signed four memoranda of understanding (MoUs) for the proposed storage of carbon dioxide (CO2) emissions from third parties to underpin the initial development of the...
Oil and gas major Santos has extended its exclusivity period with Papua New Guinea (PNG) national oil and gas company Kumul Petroleum Holdings over the sale of a 5% stake in the PNG liquefied...
Oil and gas major Woodside has warned that fiscal uncertainty in Australia could prevent the company from making further investments. Speaking at the company’s annual general meeting,...
With Phase 1 of the Virginia gas project – in the Free-State – having been a watershed for South Africa’s gas economy, Phase 2 of the project is expected to catapult South Africa to becoming one of...
South Africa’s significant natural gas reserves and extensive gas infrastructure exemplify the country’s potential to develop a natural gas industry, says research and strategy firm Birguid senior...
Western Australia’s resource industry exports reached a record high of A$246-billion in 2022. Resources sales for 2022 were up A$15-billion from 2021 based on annual data released by the...
A new report by advisory firm Wood Mackenzie, has estimated that Australia’s state and federal governments would benefit from A$100-billion in taxation receipts from gas export projects over the...
The federal government has opened the final consultation on the mandatory code of conduct (Gas Code) to secure more gas at reasonable prices for Australian consumers. Following significant...
Taxes from the Australian oil and gas industry are set to reach A$16.26-billion during 2022-23, up from A$6.46-billion last financial year the Australian Petroleum Production & Exploration...
Energy major Woodside has reported a 9% decline in production during the three months to March, compared with the previous quarter on the back of turnaround and maintenance activities. The...
The stage is set for The 9th Mozambique Mining & Energy Conference and Exhibition, #MMEC is scheduled to take place at the Joachim Chissano Conference Centre in Maputo from April 26th to April...
While new analysis has highlighted the need for natural gas and large carbon capture utilisation and storage (CCUS) in Australia’s race to net zero, there would be very little space for nuclear...
The CEO of oil and gas major Woodside, Meg O’Neill has urged the federal government to carefully consider the implications of tax changes to the oil and gas industry. Speaking at the National...
ASX-listed Buru Energy has demonstrated that a floating liquefied natural gas (FLNG) facility was a viable option for its Rafael gas and condensate resource in the Canning Basin. Buru told...
Canada is ready to become a reliable provider of critical minerals to its international allies including Japan, a senior official said, as the Group of Seven (G7) countries deem such minerals...
The development of a green hydrogen economy will impact positively on South Africa’s labour landscape as the country continues to adapt to the Fourth Industrial Revolution (4IR) while,...
Liquified natural gas (LNG) used in a generator enables individuals and enterprises to not only save costs but also reduce their carbon-emission contributions. Helium and natural gas producer...
Group of Seven nations are butting heads over the timeline for phasing out coal-fired power ahead of next weekend’s summit of top energy and environmental ministers. Draft communique documents...
Canadian entrepreneur Pierre Lassonde is planning to buy a blocking stake in Elk Valley Resources, the steel-making coal unit to be spun off by Teck Resources, the Globe and Mail reported. In an...
An interim report by the Australian Competition and Consumer Commission (ACCC) has shown that a gas shortfall in 2023 was now less likely, as the supply outlook improved, making it unlikely that...
Aim-listed Ironveld’s subsidiary Ironveld Energy has signed a letter of intent (LoI) with technology solutions provider BurnStar Technologies to proceed towards a binding legal agreement under...
Australia’s resource and energy exports are forecast to reach a record A$464-billion in 2022-23, following a surge in energy prices in 2022. However, export earnings are forecast to ease to...
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