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Woodside-led JV given GHG assessment permit
1st September 2022 By: Esmarie Iannucci

A joint venture (JV) between energy majors Woodside Energy, BP, Shell Australia, Chevron Australia, and Japan Australia LNG (MIMI), which is owned equally by Mitsubishi Corporation and Mitsui & Co,... 


Image shows the Woodside logo on the side of a building
Woodside posts stellar results
30th August 2022 By: Esmarie Iannucci

Higher energy prices has seen oil and gas major Woodside Energy report a 417% surge in net profits after tax for the first half of 2022, while earnings before interest, tax, depreciation and... 


German Chancellor Olaf Scholz and Canadian Prime Minister Justin Trudeau
Germany taps ‘boundless’ fuel potential in Canada hydrogen deal
24th August 2022 By: Bloomberg

Canada intends to start shipping green hydrogen produced by wind farms to Germany by 2025, the first step in a partnership to help Europe’s biggest economy reduce its reliance on fossil fuels.... 


Image shows the Pluto LNG plant
Work starts on Pluto Train 2
24th August 2022 By: Esmarie Iannucci

Energy major Woodside on Wednesday announced that construction has started on the Pluto Train 2 project, marking a major milestone for the A$16-billion Scarborough and Pluto Train 2 development.... 


Sasol CEO Fleetwood Grobler
Sasol prepares to ramp up decarbonisation capex from 2025
23rd August 2022 By: Terence Creamer

Energy and chemicals group Sasol expects to invest the bulk of the R15-billion to R25-billion it is budgeting to facilitate a 30% reduction in its carbon emissions by 2030 between 2025 and 2027,... 


An image of Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz
Germany's Scholz kicks off Canada visit focused on minerals, energy
23rd August 2022 By: Reuters

German Chancellor Olaf Scholz met with Canadian Prime Minister Justin Trudeau on Monday morning in his first meeting of a three-day trip focused on cultivating alternative sources of critical... 


Santos MD and CEO Kevin Gallagher
Santos announces FID on $2.6bn Alaska oil project
17th August 2022 By: Esmarie Iannucci

Oil and gas major Santos has announced a positive final investment decision (FID) on the $2.6-billion Pikka Phase 1 project, in Alaska, as the company reported record first half results. Santos’... 


Oil industry gears up to tap US climate bill for carbon capture projects
16th August 2022 By: Reuters

Tax credits in the $430-billion US climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas proponents, offsetting startup costs for... 


Beach sees revenue rise in 2022
15th August 2022 By: Esmarie Iannucci

ASX-listed Beach Energy has reported a 13% increase in revenues for the year ending June, reaching A$1.8-billion. The company reported that earnings before interest, tax, deprecation and... 


Image shows activists on boats next to a cargo vessel
Greenpeace targets Woodside supplies in Germany - report
12th August 2022 By: Esmarie Iannucci

Environmental group Greenpeace on Friday claimed that environmental activists in Germany had blocked a ship carrying pipelines slated for use in ASX-listed Woodside’s Scarborough offshore gas... 


Australian resources key to decarbonising - Minister
11th August 2022 By: Esmarie Iannucci

The Australian resources sector, including its coal and gas sectors, had a significant role to play in the nation’s decarbonising efforts, federal Resources Minister Madeleine King said. Speaking... 


Goldman analyst calls out ‘deeply disappointing’ energy bets
10th August 2022 By: Bloomberg

The ESG industry has focused “too heavily” on blacklisting all fossil fuels, exacerbating an energy crisis that can’t be addressed without embracing natural gas, according to an analysis by a... 


Image shows operations at the port of Port Hedland
New records set for Aus resource exports
5th August 2022 By: Esmarie Iannucci

New trade data from the Australian Bureau of Statistics (ABS) has shown that Australia’s resources sector had posted another record year of exports, with total resources and energy exports were... 


Aus gov responds to ACCC's gas warnings
2nd August 2022 By: Esmarie Iannucci

The Australian government has outlined a range of actions to safeguard gas supplies in Australia, after a report from the Australian Consumer and Complaints Commission (ACCC) warned of 56 PJ gas... 


Image shows an LNG cargo ship
ACCC warns of gas shortages by 2023
1st August 2022 By: Esmarie Iannucci

The Australian Consumer and Complaints Commission (ACCC) has called on liquefied natural as (LNG) exporters to divert gas to the domestic market, in order to avoid a shortfall. In its July interim... 


Photo of Terence Creamer
Confusing signals
29th July 2022 By: Terence Creamer

Given the high levels of mistrust and misinformation in energy markets currently it has become increasingly difficult to discern what is required to improve the situation in the short-term, while... 


Record revenues reported at Santos
21st July 2022 By: Esmarie Iannucci

Oil and gas major Santos has delivered record first half revenues of $3.8-billion, which was up by 85% on the previous corresponding period, while free cash flows were up 199% to $1.7-billion.... 


China's LNG imports to decline - Woodmac
19th July 2022

China’s liquified natural gas (LNG) imports are set to fall over 14% year-on-year to 69-million tonnes in 2022, advisory firm Wood Mackenzie (Woodmac) reported on Tuesday, noting that this was the... 


Ivanhoe and Renergen deal falls flat
18th July 2022 By: Esmarie Iannucci

Canadian miner Ivanhoe Mines’ play to get a majority stake in ASX- and JSE-listed Renergen has failed. The two companies in March this year announced a strategic investment agreement under which... 


The Reliability of LNG Supply in South Africa
13th July 2022

There are two key considerations when moving away from coal-powered energy. Firstly, what is the safety track record of the alternatives, and secondly can these alternatives reduce supply risk?... 


Appea pledges help to extend ADGSM
6th July 2022 By: Esmarie Iannucci

The Australian Petroleum Production & Exploration Association (Appea) this week said that the oil and gas industry would work with the federal government on consultation to extend the Australian... 


Coal imports pour into energy-starved Europe from around the globe
Coal imports pour into energy-starved Europe from around the globe
5th July 2022 By: Bloomberg

A hunt by Europe’s coal consumers to replace Russian cargoes with shipments from across the globe has boosted imports to a key hub by more than a third, helping to fill severely depleted... 


Plans under way to extend the ADGSM
5th July 2022 By: Esmarie Iannucci

The federal government is looking to extend the Australian Domestic Gas Security Mechanism (ADGSM) until 2030 to ensure the mechanism is available to help secure ongoing domestic gas supplies in... 


Image shows container ships at Port Hedland
Australian resources exports to set new records
4th July 2022 By: Esmarie Iannucci

Australia’s resource and energy export earnings are estimated to be worth A$405-billion in 2021–22, and is forecast to rise to A$419-billion in 2022–23, delivering two successive record years, the... 


G7 to allow fossil-fuel financing if climate pledges are kept
28th June 2022 By: Bloomberg

Group of Seven (G7) nations are set to allow some exceptional public financing of overseas fossil-fuel projects to continue provided that the investments are consistent with prior climate-change... 


Japan to end financing of key coal projects under climate pledge
24th June 2022 By: Bloomberg

Japan will withdraw financing for key coal-fired power plant projects in Bangladesh and Indonesia under efforts aimed at accelerating a global phase-out of the dirtiest fossil fuel. Asia’s... 


Image shows Woodside building
Woodside to face environmental group in court
22nd June 2022 By: Esmarie Iannucci

Oil and gas major Woodside will be facing the Federal Court of Australia in relation to the environmental assessment of its Scarborough project, in Western Australia, after the Australian... 


Study argues that deploying gas generators
Delay gas procurement until policy reflects big cost and emission shifts – study
20th June 2022 By: Terence Creamer

Before moving ahead with the procurement of gas-fired generation, South Africa should update both its Integrated Resource Plan (IRP) for electricity and its Gas Master Plan to reflect prevailing... 


Beheadings show Islamist peril persists for Total in Mozambique
Beheadings show Islamist peril persists for Total in Mozambique
16th June 2022 By: Bloomberg

A fresh wave of attacks by an Islamic State affiliate in northern Mozambique has prompted the evacuation of the nation’s biggest solar power plant and threatens to further delay TotalEnergies'... 


Image shows an LNG plant
Minister to review ADGSM
10th June 2022 By: Esmarie Iannucci

Federal Resources Minister Madeleine King has announced a ‘urgent review’ of the Australian Domestic Gas Security Mechanism (ADGSM) to ensure its suitability. The announcement comes as electricity... 


Image of the Mocuba solar energy project
Firm offers labour solutions to mines
10th June 2022 By: Cameron Mackay

Integrated employment management solutions company Quyn will use its presence, contacts and previous experience in projects in Mozambique to supply bespoke employment management solutions to the... 


Closely watched exploration well off Western Australia finds no gas, oil
6th June 2022 By: Reuters

Western Gas said on Monday its Sasanof-1 exploration well off Western Australia found no hydrocarbons, in a big disappointment for one of the most closely watched drilling campaigns in Australia... 


Magazine cover image
Renergen says gas project can catalyse Free State manufacturing revival
3rd June 2022 By: Simone Liedtke

Emerging integrated energy producer Renergen is confident that its Virginia gas project, in the Free State, will become a catalyst for “more than just gas” in South Africa, with CEO Stefano Marani... 


Renergen CEO Stefano Marani
Converting truck fleets to LNG could reduce transport costs by 30% – Renergen
1st June 2022 By: Darren Parker

With diesel prices at a record high, liquefied natural gas (LNG) has the potential to lower the transportation costs of major logistics companies by up to 30%, LNG and helium developer Renergen CEO... 


Commissioning of Renergen’s Virginia gas plant progressing smoothly
30th May 2022 By: Darren Parker

The commissioning of the Phase 1 plant at integrated energy company Renergen’s Virginia gas project, in the Free State, is progressing smoothly, the company announced on May 30. The company said... 


Can LNG be a supporting part of SA’s future energy mix?
30th May 2022

There is an intense discussion taking place around a future-proof energy strategy for South Africa. Other energy sources need to be explored and further researched to better understand how... 


Image shows a floating LNG facility
Shell approves $2.5bn Crux project
30th May 2022 By: Esmarie Iannucci

Energy major Shell and its joint venture (JV) partner SGH Energy have taken a final investment decision to approve the development of the Crux natural gas field, off the coast of Western... 


Aus ready to meet Korean gas demand - Santos
27th May 2022 By: Esmarie Iannucci

Australia’s gas sector could benefit greatly from Korea’s decarbonising efforts, oil and gas major Santos said. Speaking at the Korean Government Energy Summit, Santos MD and CEO Kevin Gallagher... 


Finnish Industry ready for end of Russian natural gas imports
20th May 2022 By: Bloomberg

As Finland braces for an expected halt in natural gas flows from its top supplier Russia, some of the largest industrial users are getting ready. There’s a “real risk” the taps will be turned off... 


BHP unveils distribution plans and Woodside changes names
20th May 2022 By: Esmarie Iannucci

Diversified miner BHP on Friday announced it would pay shareholders an in specie dividend in the form of Woodside Petroleum shares in connection with the merger of BHP’s oil and gas portfolio with... 


Image shows Woodside office building
Woodside shareholders back BHP merger
19th May 2022 By: Esmarie Iannucci

The shareholders of ASX-listed oil and gas major Woodside have voted overwhelmingly in favour of the merger with mining major BHP’s petroleum assets. More than 97% of the votes cast at the... 


Oil and gas continuing to drive Aus economy - Appea
19th May 2022 By: Esmarie Iannucci

The Australian Petroleum Production & Exploration Association (Appea) has highlighted signs that Australia’s oil and gas sector is emerging from the pandemic and driving the nation’s economic... 


Pictures supplied
Law firm drawing on giga-scale hydrogen project experience to derisk new ventures
17th May 2022 By: Martin Creamer

Lack of expertise about getting giga-scale hydrogen projects off the ground is a big problem in the industry, say Allen & Overy South Africa’s Alessandra Pardini and Alexandra Cluver, who believe... 


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