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Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing popularity of electric cars and the cooling of China’s economy. The...
Deutsche Bank is expanding restrictions on its financing of coal, one of the main sources of energy in its home market of Germany, as part of a wider crackdown on high-emitting sectors. Companies...
A Canadian court ruling that voided most of Prime Minister Justin Trudeau's environmental assessment law for resource projects has sparked fresh policy uncertainty and risks deterring investments,...
The African oil and gas industry is facing increasing pressure to clarify the implications of the energy transition for upstream operations and business models, and explain the contributions that...
With about 27-billion barrels of prospective oil and gas resources on its south, west and east coasts, as well as more than 5.6-trillion cubic metres of prospective shale gas resources onshore,...
During her keynote address at this year’s Southern Africa Oil and Gas Conference, Deputy Minister in the Presidency Pinky Kekana called on all sectors of South Africa to work together to realise...
OLI is the world’s top-selling supplier of industrial vibration technology products. The OLI product is distributed in Africa by its subsidiary in Gauteng, South Africa.
The Australian Energy Regulator (AER) has started proceedings in the Federal Court against oil and gas giant Santos, alleging breaches of important record keeping obligations in the National Gas...
The recently developed global need for critical clean energy minerals has created a need for deeper geological research across the continent, including in mature mining jurisdictions. This was one...
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...
The Mining Association of Canada (MAC) has called on Prime Minister Justin Trudeau’s government to expeditiously respond to the Supreme Court’s opinion that core aspects of the federal Impact...
Portugal will launch a pioneering auction for rights to sell green hydrogen for injection into the national gas grid in the coming weeks, with crucial state aid being discussed with Brussels,...
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,...
The integration of innovative features in pump design has significantly enhanced performance and efficiency, with significant benefits for lowering total cost of ownership. One such component, the...
Despite a challenging fundraising landscape in the private equity sector, Appian Capital Advisory has secured substantial commitments for its third fund (Fund III), which is targeting mid-tier...
Lithium developer Anson Resources has confirmed the location of its proposed processing plant at the recently acquired Green River lithium project, in Utah. The company said on Friday that the...
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...
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...
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...
Canadian company Fortune Minerals has formed a partnership with diversified miner Rio Tinto to develop a technology that will improve recovery of cobalt and bismuth, both of which are considered...
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...
Vedanta is nearing a deal to spin off its businesses into several listed entities in a broader restructuring that will help commodities tycoon Anil Agarwal unlock shareholder value, people familiar...
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...
Diversified miner South32 has secured gas for its Cannington base metals operation, in Queensland, extending gas supply agreements (GSAs) with ASX-listed Central Petroleum and New Zealand Oil and...
Norway's second-largest listed oil and gas company, Aker BP, said it would consider applying for licenses to mine minerals from the seabed if parliament approves a plan for such exploration....
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...
The Bureau of Land Management (BLM) has announced a proposed 50-year ban on new mining and oil and gas development in the Placitas area, New Mexico. The proposed mineral withdrawal would prevent...
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...
Africa is “hungry for electricity”, and electrical specialist Zest WEG is seeing growing demand from the oil and gas sector, from both upstream and midstream facilities as nations on the continent...
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...
Norway's minority government should withdraw its proposal to open a vast Arctic offshore area to deep sea mining and call at least a ten-year moratorium on the activity, its key backer in...
A federal committee on Tuesday recommended imposing royalties on US hardrock mining for the first time, a move it said could increase domestic production by providing funds for the agencies in...
The Western Australian Environmental Protection Authority (EPA) has recommended the approval of oil and gas major Woodside’s solar facility plans in the Pilbara’s Maitland Strategic Industrial Area...
The Australian government is considering ways to strengthen the existing financial assurance regime for offshore oil and gas titleholders, to better insulate taxpayers against future...
The Australian government has released an issue paper on offshore decommissioning, which has highlighted the opportunities for the oil and gas sector. Speaking in Parliament, Resources Minister...
Oil and gas major Woodside has started production at the Shenzi North project in the deep-water US Gulf of Mexico. Shenzi North is a two-well subsea tieback that takes advantage of the existing...
Oil and gas major Santos has priced a $850-million senior unsecured fixed rate bond transaction in the US market. The bonds have been priced at a fixed coupon rate of 6.875% for a period of ten...
Recent deepwater discoveries and fiscal policy improvements have contributed to a significant uptick in investments in Angola’s oil and gas industry, says energy advocacy group African Energy...
Industrial services specialist WSG Energy Services (WSGES) of Singapore has secured multiple contracts for floating production, storage and offloading (FPSO) vessel projects with a combined value...
Asia is expected to witness the highest refinery fluid catalytic cracking unit (FCCU) capacity additions globally between 2023 and 2027, contributing about 58% of the total capacity additions by...
The recent minibus taxi strike in Cape Town cost the Western Cape economy an estimated R5-billion, while it also caused at least R18-million worth of damage in the city, according to provincial data.
Oil and gas major Woodside will collaborate with Japanese company Kansai Electric Power Co (KEPCO) on carbon capture and storage (CCS). The two companies have inked a non-binding memorandum of...
Up to 500 workers at US energy giant Chevron’s Gorgon and Wheatstone projects in Western Australia, are preparing for a two-week strike, starting on September 14. The escalation in notified...
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