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Oil & Gas

Santos shakes up executive team
24th May 2023 By: Esmarie Iannucci

Oil and gas major Santos has announced a range of executive appointments as part of its corporate restructure announced last year. Alan Stuart-Grant has been appointed to the Executive committee... 


Image shows an offshore drill rig
Offshore oil and gas continue to make waves
24th May 2023 By: Esmarie Iannucci

A new report from the Australian Institute of Marine Science (AIMS) has highlighted the growth of Australia’s offshore gas industry. The AIMS Index of Marine Industry 2023 noted that despite the... 


University of the Witwatersrand’s Wits Mining Institute DigiMine Laboratory head Ahsan Mahboob.
Sibanye-Stillwater funding Wits University’s carbon storage brainstorming ‘techathon’
22nd May 2023 By: Martin Creamer

Johannesburg- and New York listed platinum group metals, green metals and gold mining company Sibanye-Stillwater is funding a brainstorming ‘techathon’ on the challenge of storing carbon in... 


G7 brings gas investments back in 'temporary' solution, to dismay of climate activists
G7 brings gas investments back in 'temporary' solution, to dismay of climate activists
22nd May 2023 By: Reuters

 The Group of Seven rich nations put support for gas investments back into their communique on Saturday, calling it a "temporary" step as they try to de-couple from Russian energy, in a move... 


Image shows gas pipeline
APA's hydrogen conversion study moves ahead
19th May 2023 By: Esmarie Iannucci

Testing by energy infrastructure operator APA Group has confirmed the feasibility of converting a 43-km section of the Parmelia gas pipeline, in Western Australia, to carry 100% hydrogen. The... 


Image is a rendering of the proposed Waitsia Stage 2 project
Beach tosses Waitsia schedule as labour market bites
18th May 2023 By: Esmarie Iannucci

ASX-listed Beach Energy is reviewing the cost and timing of its Waitsia Stage 2 project, saying on Thursday that the company could no longer maintain its previously targeted schedule or capital... 


Image shows carbon emissions from fire towers.
Santos leaving no stone unturned in carbon battle
18th May 2023 By: Esmarie Iannucci

Oil and gas giant Santos has called on the government to support a range of low-carbon technologies as part of efforts to reach net zero. Speaking at the Australian Petroleum Production &... 


Mineral Resources and Energy Minister Gwede Mantashe
South Africa needs oil, gas, nuclear, as well as renewables – Mantashe
17th May 2023 By: Rebecca Campbell

Delivering the keynote address at the Enlit Africa conference in Cape Town on Wednesday, South African Mineral Resources and Energy Minister Gwede Mantashe reported that the current moratorium on... 


Walyering condensate deal signed with Santos
17th May 2023 By: Esmarie Iannucci

ASX-listed Strike Energy has signed a condensate processing and sales agreement with oil and gas major Santos, providing a monetisation route for its Walyering gas field development. Strike and... 


Image shows Appea chairperson and Woodside CEO Meg O'Neill
Appea calls for national CCUS strategy
17th May 2023 By: Esmarie Iannucci

The oil and gas industry has called on the federal government to jointly develop a national carbon capture, utilisation and storage (CCUS) strategy. Speaking the Australian Petroleum Production &... 


Image shows an LNG operation
Wood Mackenzie calls for greater collaboration in oil and gas
16th May 2023 By: Esmarie Iannucci

Research firm Wood Mackenzie has urged Australia’s oil and gas industry to urgently fast-track the creation of energy “super basins” to provide a pathway to greater sustainability and cut... 


Image shows Australian coat of arms and flag
King calls for collaboration on govt initiatives
16th May 2023 By: Esmarie Iannucci

The Australian government has urged the oil and gas sectors to partner with the government to scale-up Australia’s net zero ambitions, while the government works to implement a range of recently... 


Comet Ridge signs MoU at Mahalo North
16th May 2023 By: Esmarie Iannucci

Natural gas developer Comet Ridge has inked a memorandum of understanding (MoU) with ammonia producer Orica on potentially signing a long-term gas offtake agreement at Comet Ridge’s Mahalo North... 


Moomba CCS tracking on time - Santos
16th May 2023 By: Esmarie Iannucci

Oil and gas major Santos this week reported that its Moomba carbon capture and storage (CCS) project was progressing at pace and on track for delivery in 2024. The company told shareholders that... 


Appea proposes Net Zero Zones in new report
15th May 2023 By: Esmarie Iannucci

A new report developed by the Australian Petroleum Production and Exploration Association (APPEA) and supported by the Commonwealth Scientific and Industrial Research Organisation (CSIRO) has... 


Electricity Minister Kgosientsho Ramokgopa
Powerships likely to feature in five-year Eskom emergency procurement
12th May 2023 By: Terence Creamer

The prospect of South Africa procuring electricity from powerships docked either in South Africa or in a neighbouring country has increased, with the Eskom board having approved three emergency... 


WA budget delivers another surplus
11th May 2023 By: Esmarie Iannucci

The Western Australian government on Thursday reported a budget surplus of A$3.3-billion in 2023-24, with a surplus position maintained over the next four years, supporting a record A$39-billion in... 


Image shows a mining dump truck
NT budget unveils magnitude of mining contribution
10th May 2023 By: Esmarie Iannucci

The Northern Territory Budget has revealed that mining continued to be the largest contributor to the economy, with 31.7% of gross state product (GSP) sourced from the sector in 2021-22. In its... 


Image shows Australian flag and coat of arms
Resources drives Budget to surplus
10th May 2023 By: Esmarie Iannucci

The federal Budget had delivered a A$4.2-billion surplus, a significant turnaround from the A$32-billion deficit unveiled last year, with the government announcing a range of investments to fund... 


Strike readies to start gas acceleration strategy
9th May 2023 By: Esmarie Iannucci

ASX-listed Strike Energy on Tuesday is poised to start a 2D seismic campaign at its Eneabba Deep operation, after receiving all the necessary regulatory approvals for the 128-km campaign, giving... 


Eskom's Kusile power plant
Biggest African bank cites energy needs in fossil fuel defense
9th May 2023 By: Bloomberg

Standard Bank Group, Africa’s biggest lender by assets, defended it’s investment in fossil-fuel projects, saying tthe continent’s energy needs have to be balanced with climate concerns. The... 


Image shows Australian flag and coat of arms
Govt reveals PRRT changes
8th May 2023 By: Esmarie Iannucci

Federal Treasurer Jim Chalmers has announced changes to the Petroleum Resource Rent Tax (PRRT), saying it would deliver a fairer return to the Australian community from their natural resources.... 


Image shows fuel gas pipeline
Resources sector welcomes Qld CSG support
5th May 2023 By: Esmarie Iannucci

The resources sector has welcomed the Queensland government’s response to the GasField Commission Queensland (GFCQ) Report into coal seam gas- (CSG-) induced subsidence. The state government this... 


Image shows LNG being loaded on ship
NT opens Beetaloo up for development
4th May 2023 By: Esmarie Iannucci

The Northern Territory government has green-lit the development of the Beetaloo Sub-basin after taking on-board 135 recommendations made in the 2018 Scientific Inquiry into Hydraulic Fracturing.... 


Invictus raises funds for Zim oil hunt
3rd May 2023 By: Esmarie Iannucci

Upstream oil and gas company Invictus Energy has launched a share purchase plan (SPP) to raise up to A$10-million to fund exploration at its 80% owned Caborsa Bassa project, in Zimbabwe. The SPP,... 


Image shows Santos workers
Santos signs MoUs to support Bayu-Undan
3rd May 2023 By: Esmarie Iannucci

Oil and gas major Santos has signed four memoranda of understanding (MoUs) for the proposed storage of carbon dioxide (CO2) emissions from third parties to underpin the initial development of the... 


Suncor to boost oil sands output with $4bn Total deal
2nd May 2023 By: Bloomberg

Suncor Energy is set to boost its carbon-intensive oil sand reserves after agreeing to buy TotalEnergies'Canada unit in a C$5.5-billion (all-cash deal. The acquisition represents a “major step”... 


MinRes takes compulsory action in Norwest bid
2nd May 2023 By: Esmarie Iannucci

ASX-listed Mineral Resources has acquired more than a 90% interest in takeover target Norwest Energy, triggering the compulsory acquisition of the remaining shares in the ASX-listed target.... 


Image shows a collage of images relating to climate change
Net Zero offers A$40bn in opportunities to Aus - report
1st May 2023 By: Esmarie Iannucci

A new report has revealed that the shift to Net Zero emissions could generate as much as A$40-billion in national income for Australia and A$65-billion in economic activity by 2050. In its latest... 


Santos extends PNG LNG deal talks with Kumul
1st May 2023 By: Esmarie Iannucci

Oil and gas major Santos has extended its exclusivity period with Papua New Guinea (PNG) national oil and gas company Kumul Petroleum Holdings over the sale of a 5% stake in the PNG liquefied... 


Global mining supply. Source: DNV report.
Hydrogen has advantage of relatively cheap energy storage, DNV study finds
28th April 2023 By: Martin Creamer

Both hydrogen and battery technologies are expected to operate in the power sector, but in different areas, says independent risk management and assurance firm DNV. Hydrogen is expected to play a... 


Image shows LNG export vessel
Woodside urges fiscal stability at AGM
28th April 2023 By: Esmarie Iannucci

Oil and gas major Woodside has warned that fiscal uncertainty in Australia could prevent the company from making further investments. Speaking at the company’s annual general meeting,... 


Image shows Australian flag and coat of arms
Appea warns Gas Code could hinder investment
27th April 2023 By: Esmarie Iannucci

The Australian Petroleum Production and Exploration Association (Appea) has expressed concern around the proposed mandatory code of conduct (Gas Code), saying that while it recognises the critical... 


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