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Trafigura more than doubles profit to new record in FY 2022
8th December 2022 By: Reuters

Global commodities trader Trafigura Group posted a record profit for its full year 2022, more than double last year's record, as it cashed in on unprecedented market volatility following Russia's... 


Image shows offshore oil and gas operation
Nopsema weighing Barossa appeal fall-out
7th December 2022 By: Esmarie Iannucci

Australian Resources Minister Madeleine King will direct the National Offshore Petroleum Safety and Environmental Management Authority (Nopsema) to provide improved guidance to the oil and gas... 


Renergen CEO Stefano Marani
Renergen delivers first LNG to Ardagh Glass, Ceramic Industries
6th December 2022 By: Darren Parker

Natural gas and helium producer Renergen has announced the first of ongoing deliveries of liquefied natural gas (LNG) from Phase 1 of its Virginia gas project to glassmaker Ardagh Glass Packaging –... 


The expansion of the Oyu Tolgoi copper mine may be affected by the collapse of Clough.
Clough's collapse leaves more than $8bn in projects in limbo
6th December 2022 By: Reuters

More than $8-billion worth of gas, power, rail and mining projects across Australia, Mongolia and Papua New Guinea face delays following the collapse of engineering firm Clough on Monday. Projects... 


Papua New Guinea PM Marape presses mining, energy giants to advance projects
5th December 2022 By: Reuters

Papua New Guinea Prime Minister James Marape on Monday urged mining investors to get on with developing their resources, pushing for more downstream processing in the country and more local... 


Gas cap will stunt investment - report
2nd December 2022 By: Esmarie Iannucci

An independent report by energy advisory firm EnergyQuest has warned that gas price caps would stifle new investment in domestic supply. The report, undertaken on behalf of the Australian... 


Image shows Australian flag and coat of arms
Santos loses Barrossa appeal
2nd December 2022 By: Esmarie Iannucci

Oil and gas giant Santos has lost its appeal in the Full Federal Court against a September decision by the Federal Court to set aside the acceptance by the National Offshore Petroleum Safety and... 


Woodside brings Traditional Owners in on power project
30th November 2022 By: Esmarie Iannucci

Oil and gas major Woodside has entered into a bilateral Indigenous Land Use Agreement and a modern benefits-sharing and relationship agreement with the Ngarluma Aboriginal Corporation (NAC) over... 


Image shows the Woodside office building
Woodside sets production targets, makes progress at Sangomar
29th November 2022 By: Esmarie Iannucci

ASX-listed Woodside Energy has set a production target of 180-million to 190-million barrels of oil equivalent for the 2023 financial year, with liquefied natural gas (LNG) production to make up... 


Woodside answers Europe's energy call
28th November 2022 By: Esmarie Iannucci

Oil and gas major Woodside has expanded its liquified natural gas (LNG) trade to include Europe, with the ASX-listed company delivering gas from the North West Shelf to Uniper Global Commodities SE... 


Why are you still with Eskom?
15th November 2022

Liquified Natural Gas (LNG) is a viable alternative with a strong history in power generation - just ask 42 countries!  There is no reason to persevere with load shedding while the industry “waits”... 


Santos changes structure to reflect changing times
8th November 2022 By: Esmarie Iannucci

Energy major Santos has announced a corporate restructure, reflecting its newly announced purpose and strategy. At an investor briefing day in Adelaide, Santos MD and CEO Kevin Gallagher... 


Sasol CEO Fleetwood Grobler
Sasol says 600 MW renewables deal ‘imminent’ as it moves to cut emissions
3rd November 2022 By: Terence Creamer

JSE-listed group Sasol expects to conclude power purchase agreements for 600 MW of renewable energy “imminently” as it moves ahead with plans to meet a 2030 target of reducing its greenhouse-gas... 


Image shows LNG shipping vessel
Minister puts LNG companies on blast
3rd November 2022 By: Esmarie Iannucci

Federal Minister for Industry and Science, Ed Husic, has lashed out at the oil and gas sector, saying the industry was not taking supply concerns and rising energy prices seriously. Speaking to... 


Woodside signs LNG MoU in Japan
1st November 2022 By: Esmarie Iannucci

Oil and gas major Woodside on Tuesday announced that it had signed a memorandum of understanding (MoU) with the Japan Bank for International Cooperation (JBIC) regarding a stable supply of energy... 


Energy concerns a major Budget focus
26th October 2022 By: Esmarie Iannucci

As part of its first Budget, the newly elected federal government has announced a range of measures to assist in addressing increasing energy costs. The measures include a A$67-million package of... 


IEA executive director Fatih Birol
World is in its 'first truly global energy crisis' - IEA's Birol
25th October 2022 By: Reuters

Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of "the first truly global energy crisis", the head of the... 


Russia ships record volumes of gas and steelmaking coal to China
25th October 2022 By: Bloomberg

China imported record quantities of Russian liquefied natural gas and steelmaking coal in September, as total purchases of energy products topped $50-billion since the invasion of Ukraine pushed... 


New Hope granted water licence for New Acland
20th October 2022 By: Esmarie Iannucci

The Queensland government’s Department of Regional Development, Manufacturing and Water has granted ASX-listed New Hope Corporation an associated water license for its New Acland Stage 3... 


Image shows the Pluto LNG operation
Woodside posts record quarter
20th October 2022 By: Esmarie Iannucci

Australian energy major Woodside has reported record sales and production third quarter ended September. Production during the three months to September rose by 52% on the previous quarter, to... 


Higher prices drive Santos profits
20th October 2022 By: Esmarie Iannucci

Oil and gas major Santos has delivered record year-to-date sales revenue on the back of higher third-quarter production and higher energy prices. Year-to-date sales revenue reached $5.9-billion... 


Beach reports 8% drop in production
19th October 2022 By: Esmarie Iannucci

ASX-listed Beach Energy has announced an 8% decline in production for the September quarter, to 5.2-million barrels of oil equivalent. The energy company told shareholders that the decrease in... 


Green hydrogen seen competing with LNG within a decade
18th October 2022 By: Bloomberg

The cost of clean hydrogen will fall to that of liquefied natural gas in a decade as global efforts to replace fossil fuels accelerate, according to Europe’s biggest operator of gas infrastructure.... 


Australia committed to LNG development - King
18th October 2022 By: Esmarie Iannucci

The federal government was committed to the continued development of the country’s liquefied natural gas (LNG) sector, with Resources Minister Madeleine King saying the sector would be an integral... 


Image shows a handshake
Tokyo Gas makes space for EIG in $2.15bn deal
10th October 2022 By: Esmarie Iannucci

Institutional investor EIG, through its liquefied natural gas (LNG) company MidOcean Energy has finally landed in Australia, striking a $2.15-billion deal with Tokyo Gas to acquire that company’s... 


Santos signs decarbonisation MoU with JBIC
5th October 2022 By: Esmarie Iannucci

Oil and gas major Santos has inked a memorandum of understanding (MoU) with the Japan Bank for International Cooperation (JBIC) to promote the securing of stable energy and the progression of... 


Image shows operations at Port Hedland
Energy and battery minerals driving Australian exports to record levels
4th October 2022 By: Esmarie Iannucci

Australia’s resources and energy exports are forecast to reach a record A$450-billion in 2022/23, with the export of battery metals, including copper, nickel and lithium, expected to more than... 


Image shows an LNG tanker
LNG taxes to raise to A$13bn in 2022-23 - Appea
3rd October 2022 By: Esmarie Iannucci

Preliminary forecasts by the Australian Petroleum Production & Exploration Association (Appea) has found that liquefied natural gas (LNG) exporters would pay an extra A$9-billion to federal and... 


South Africa is returning to prepandemic levels of economic growth
30th September 2022 By: Darren Parker

South Africa is returning to pre-Covid-19 levels of economic growth, according to the latest ‘KPMG Global Economic Outlook’ report. The global economic research and consulting firm said on... 


Image shows LNG plant
New domestic gas supply agreement signed
29th September 2022 By: Esmarie Iannucci

The federal government and East Coast liquefied natural gas (LNG) exporters have inked a new heads of agreement (HoA) to prevent a gas supply shortfall and secure competitively priced gas for the... 


Image shows a handshake
Santos gets $1.4bn offer for stake in PNG LNG
27th September 2022 By: Esmarie Iannucci

Oil and gas major Santos is mulling the sale of a 5% interest in the Papua New Guinea liquefied natural gas (PNG LNG) project after receiving a binding conditional offer from PNG national oil and... 


Thunderbird project secures LNG supply
26th September 2022 By: Darren Parker

ASX-listed Sheffield Resources’ 50%-owned Kimberley Mineral Sands (KMS) has secured liquefied natural gas (LNG) for the Thunderbird mineral sands project, in northern Western Australia. KMS... 


Energy and chemicals executive appointed Vulcan deputy CEO
26th September 2022 By: Creamer Media Reporter

ASX-listed Vulcan Energy has appointed Cris Moreno, an energy and chemicals industry executive based in Europe, as its deputy CEO with effect from November 1. Moreno has more than 20 years’... 


Sasol hydrogen programme management head Rilet Davison.
Northern Cape’s proposed green hydrogen hub can help open region’s full energy potential
22nd September 2022 By: Martin Creamer

The Boegoebaai green hydrogen hub in the Northern Cape can be a strategic project to open Southern Africa’s full green energy potential. A 24-month study of the strategic potential of the hub is... 


Santos' Barossa project could face Federal Court struggle
21st September 2022 By: Esmarie Iannucci

Oil and gas major Santos is facing headwinds at its Barossa gas project, after the Federal Court on Wednesday set aside the acceptance by the National Offshore Petroleum Safety and Environmental... 


Image shows ASX trading boards
Origin sells Beetaloo basin interests, will exit upstream exploration
19th September 2022 By: Esmarie Iannucci

Energy major Origin Energy on Monday flagged plans to divest of its interest in the Beetaloo Basin, in the Northern territory for A$60-million and royalties, saying it intends to exit upstream... 


Sheffield secures power supply for Thunderbird
16th September 2022 By: Esmarie Iannucci

Mineral sands developer Sheffield Resources has secured a binding 15-year power purchase agreement with Pacific Energy for electricity supply to its Thunderbird project, in Western Australia.... 


Woodside strikes deal with US LNG terminal
5th September 2022 By: Esmarie Iannucci

Australian energy major Woodside Energy has struck two binding liquefied natural gas (LNG) sales agreements with the Commonwealth LNG export terminal project, in the Louisiana. The two sale and... 


The Virginia Gas Plant
Renergen marks major milestone as Virginia project begins producing commercial LNG
5th September 2022 By: Terence Creamer

Emerging helium and natural gas producer Renergen reports that its Virginia gas project in the Free State has entered operations, a milestone that represents the company’s transition from explorer... 


Fitch Solutions says natural gas prices to remain volatile for remainder of this year
2nd September 2022 By: Marleny Arnoldi

Research agency Fitch Solutions Country Risk & Industry Research reports that European natural gas prices have fallen sharply from all-time-highs set just a week ago.   Both the Dutch Title... 


Aerial view of Phase 1 - Virginia Gas Project
Virginia gas project Phase 1 reaches completion
2nd September 2022 By: Leah Shelene Asaram

Helium and domestic natural gas producer Renergen completed the development of Phase 1 of its Virginia Gas Project in July and has started with commercial operation. The project comprises the... 


An image of PolaireTech CEO Freek van Heerden
ssLNG plants available locally
2nd September 2022

Designers and suppliers of liquified natural gas (LNG) equipment PolaireTech’s modularised small-scale plants for the liquefaction of natural gas to produce LNG are now available in South Africa.... 


An image of a man extracting coal
Gas a viable decarbonisation source
2nd September 2022 By: Leah Shelene Asaram

Decarbonisation can be implemented by the introduction of gas as a replacement of fossil fuels such as coal and diesel, says strategic research and advisory company Birguid senior associate... 


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