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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,...
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...
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....
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....
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,...
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...
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’...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 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...
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...
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?...
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...
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...
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...
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...
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 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...
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...
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...
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'...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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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VISIT SHOWROOMFor over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...
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