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An offshore oil rig
Global oil demand to reach its peak this decade, IEA says
24th October 2023 By: Bloomberg

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 places new restrictions on financing of coal
Deutsche Bank places new restrictions on financing of coal
20th October 2023 By: Bloomberg

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 court ruling last week voided most of Prime Minister Justin Trudeau's environmental assessment law for resource projects.
Canada court ruling on key environmental law risks deterring investments
20th October 2023 By: Reuters

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,... 


An image depicting a light bulb with a tree growing inside
Energy transition raises questions
20th October 2023 By: Sabrina Jardim

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... 


An image depicting Patience Panashe
Oil and gas can benefit S Africa, deserves consideration
20th October 2023 By: Sabrina Jardim

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,... 


An image depicting an oil platform on the ocean
Conference hears calls for unified action
20th October 2023

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 South Africa
OLI South Africa
20th October 2023

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. 


Image shows a Santos operation at sunset
Santos faces court action, but soothes with stellar quarter
19th October 2023 By: Esmarie Iannucci

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... 


A drilling rig conducting exploration
Africa needs lots of geological research regarding critical clean energy mineral deposits
18th October 2023 By: Rebecca Campbell

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... 


Woodside posts solid quarter
18th October 2023 By: Esmarie Iannucci

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... 


Prime Minister Justin Trudeau
IAA ruling: MAC calls on govt to expedite response
16th October 2023 By: Mariaan Webb

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 to launch pioneering auction for piped green hydrogen soon
13th October 2023 By: Reuters

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,... 


Image shows smoke stacks
More urgency needed for CCUS development - Woodmac
13th October 2023 By: Esmarie Iannucci

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,... 


Image of a silver cutter fan
Cutter fans enhance performance in pump agitation
13th October 2023

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... 


Appian's Fund III has formed a joint venture with Osisko Metals to develop the Pine Point zinc and lead project in Canada.
Strong support for Appian’s third fund as it secures $2bn
9th October 2023 By: Mariaan Webb

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... 


Anson confirms Green River plant location
6th October 2023 By: Esmarie Iannucci

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... 


Image shows iron-ore being loaded to ship
Australian resource exports poised to fall
4th October 2023 By: Esmarie Iannucci

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... 


Shell's Mereenie offtake a step closer
2nd October 2023 By: Esmarie Iannucci

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... 


Vedanta chairperson Anil Agarwal
Vedanta demerges divisions into subsidiaries
29th September 2023 By: Marleny Arnoldi

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... 


Rio Tinto's Kennecott smelter in Utah
Fortune collaborates with Rio Tinto on cobalt and bismuth recovery
29th September 2023 By: Creamer Media Reporter

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... 


Image shows the Woodside building
Court order hampers Scarborough development
29th September 2023 By: Esmarie Iannucci

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 preparing to demerge sprawling operations
28th September 2023 By: Bloomberg

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... 


Image shows an aerial view of the Wheatstone operation
Strike likely to end at Chevron operations
22nd September 2023 By: Esmarie Iannucci

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... 


South32 secures more gas for Cannington
21st September 2023 By: Esmarie Iannucci

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 Aker BP may explore for seabed minerals, CEO says
20th September 2023 By: Reuters

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.... 


An oil and gas exploration rig in Namibia
Africa’s newest oil jackpot comes with a corruption curse
20th September 2023 By: Bloomberg

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... 


Secretary Deb Haaland
BLM proposes 50-year mining ban in Placitas, New Mexico
20th September 2023 By: Creamer Media Reporter

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... 


Santos announces farm-downs in Alaska
Santos announces farm-downs in Alaska
20th September 2023 By: Esmarie Iannucci

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... 


Due to the large size and weight, this 9.5MW 11KV WEG electric motor has to be disassembled for shipment and reassembled on the offshore FPSO off the coast of Ghana.
Specialist gains traction in oil, gas sector
18th September 2023 By: Creamer Media Reporter

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... 


Woodside advances CCS studies
15th September 2023 By: Esmarie Iannucci

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 should call off deep sea mining plans, key ally says
14th September 2023 By: Reuters

 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... 


US President Joe Biden
US committee recommends royalties on minerals for EVs in sweeping reform proposal
13th September 2023 By: Reuters

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... 


EPA backs Woodside's solar plans
13th September 2023 By: Esmarie Iannucci

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... 


Image shows the Northern Endeavour PFSO
Gov weighing safeguards to avoid Northern Endeavour repeat
13th September 2023 By: Esmarie Iannucci

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... 


Image shows the North Rankin complex
Decommissioning offering valuable opportunity for sector
13th September 2023 By: Esmarie Iannucci

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... 


Image shows Woodside CEO Meg O'Neill
Production starts at Shenzi North
13th September 2023 By: Esmarie Iannucci

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... 


Santos prices $850m bond
12th September 2023 By: Esmarie Iannucci

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... 


Large-scale oil, gas comeback for Angola
8th September 2023

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... 


An image of WSGES Singapore team working on a FPSO project
Firm secures FPSO projects
8th September 2023

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 expected to dominate refinery FCCU capacity by 2027
8th September 2023

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... 


Taxis critical to transport system, but rail has to be the backbone – Cape Town oil, gas sector
8th September 2023 By: Irma Venter

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. 


Woodside inks CCS MoU with KEPCO
7th September 2023 By: Esmarie Iannucci

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... 


Image shows the Wheatstone platform
Chevron workers prepare for two week work stop
5th September 2023 By: Esmarie Iannucci

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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