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Oil & Gas

BP economist warns against focusing too much on decarbonisation
16th March 2023 By: Bloomberg

BP’s chief US economist Michael Cohen said the oil industry focused too much on cutting greenhouse gases last year, eroding its ability to keep pace with demand. “2022 taught us that too much... 


ADGSM a last resort - Minister
16th March 2023 By: Esmarie Iannucci

Federal Resources Minister Madeleine King on Thursday said that the Australian Domestic Gas Security Mechanism (ADGSM) would be a ‘measure of last resort’ to ensure domestic gas supply. The... 


Image shows an un-named LNG plant
More gas investment needed past 2027 - AEMO
16th March 2023 By: Esmarie Iannucci

The Australian Energy Market Operator (AEMO) has urged for more investment in gas production to meet energy demands post 2027, and has warned of potential supply this winter in the southern states... 


Image shows LNG carrier
Gas future assured in WA - Deputy Premier
15th March 2023 By: Esmarie Iannucci

Gas will continue to play a significant role in the Western Australian energy market, as the state government moved to phase out coal-fired power generation by 2030. Speaking at the AOG Energy... 


Woodside remains committed to Browse
15th March 2023 By: Esmarie Iannucci

Oil and gas major Woodside is adamant to adding the Browse liquefied natural gas (LNG) project to its production portfolio, with the company’s active executive VP for Australian operations, Mike... 


Chevron backing multitude of carbon technologies
15th March 2023 By: Esmarie Iannucci

US energy major Chevron on Wednesday said that in addition to carbon capture and storage (CCS) at its Gorgon liquefied natural gas (LNG) project, in Western Australia, the company is also... 


Walyering production targeted for April
14th March 2023 By: Esmarie Iannucci

The development plans for the Walyering gas field, in Western Australia, is continuing apace, the joint venture partners reported on Tuesday. ASX-listed Strike Energy, which holds a 55% interest... 


Dilley Naidoo, Director of Business Development, Rifle-Shot Performance.
Re-pursue exploration to help re-build South Africa’s economy, says business booster
13th March 2023 By: Martin Creamer

Let us re-pursue the exploration investment that catalysed South Africa’s economic growth more than a century ago as a means of helping to rebuild South Africa’s struggling economy. That is among... 


US President Joe Biden
Biden to limit Arctic oil drilling ahead of Willow approval
13th March 2023 By: Bloomberg

President Joe Biden is limiting oil leasing in Arctic waters and sensitive areas of Alaska, taking steps to expand conservation as his administration prepares to approve a mammoth ConocoPhillips... 


Another just energy transition initiative has come flying out of its starting blocks in the form of Just Green AfrH2ica.
Another just energy transition drive hits high spots in form of Just Green AfrH2ica
9th March 2023 By: Martin Creamer

Yet another just energy transition initiative has come flying out of its starting blocks in the form of Just Green AfrH2ica, the promoter of the just energy transition to green hydrogen in Africa,... 


US Energy Secretary Jennifer Granholm speaking at CERAWeek in Houston.
US energy regains its swagger while rest of world gets IRA envy
9th March 2023 By: Bloomberg

Energy executives and Biden administration officials in Houston had a simple message for Europe and other regions griping that US climate spending will starve them of investment: Stop complaining... 


Hydrogen fuel cell electric vehicles are forecast to take the competitive high road.
Platinum-based hydrogen fuel cell vehicles forecast to be TCO unrivalled by 2026/7
8th March 2023 By: Martin Creamer

The total cost of ownership  (TCO) of platinum-based hydrogen fuel cell electric vehicles (FCEVs) is forecast to be less than that of battery electric vehicles (BEVs) by 2026, and less than that of... 


Santos advances work on e-methane
8th March 2023 By: Esmarie Iannucci

Oil and gas major Santos is advancing work on its carbon neutral e-methane collaboration, having inked an agreement with Osaka Gas Australia (OGA) for pre-front end engineering and design... 


World Platinum Investment Council Director of Research Ed Sterck.
Platinum market back in contango, big improvement of net investment expected – WPIC
8th March 2023 By: Martin Creamer

The World Platinum Investment Council (WPIC) today publishes its Platinum Quarterly for the fourth quarter of 2022, full year 2022, and a revised forecast for 2023. After two years of significant... 


Papua LNG moves to next phase
7th March 2023 By: Esmarie Iannucci

Oil and gas major Santos and joint venture (JV) partners TotalEnergies and ExxonMobil have launched a fully-integrated front-end engineering and design (FEED) for the Papua liquefied natural gas... 


Talon raises cash for Walyering development
3rd March 2023 By: Esmarie Iannucci

Oil and gas explorer Talon Energy is hoping to raise A$14-million through a share placement and share purchase plan (SPP) to fund its share of development capital for the Walyering gas project.... 


MinRes won't increase offer for Norwest
3rd March 2023 By: Esmarie Iannucci

Suitor Mineral Resources (MinRes) on Friday said that current offer for takeover target Norwest Energy would not be improved upon. MinRes earlier this year launched its takeover offer for Norwest,... 


MinRes extends Norwest takeover
2nd March 2023 By: Esmarie Iannucci

Suitor Mineral Resources (MinRes) has extended its takeover offer period for fellow listed Norwest Energy until March 16. MinRes earlier this year launched its takeover offer for Norwest, offering... 


Kinetiko looks at LNG deal in South Africa
2nd March 2023 By: Esmarie Iannucci

ASX-listed Kinetiko Energy has reached a non-binding memorandum of understanding (MoU) with South Africa-based FFS Refiners that could potentially see the production and distribution of liquefied... 


Image shows LNG operation
Strike hoping for gas production by 2025
2nd March 2023 By: Esmarie Iannucci

ASX-listed Strike Energy on Thursday unveiled a gas acceleration strategy to bring up to four gas fields into commercial production by 2025, using the near A$136-million in proceeds from the sale... 


Sector called to give input in exploration acreage release
1st March 2023 By: Esmarie Iannucci

The Western Australian government has called on the resources sector to nominate areas to be considered as part of Western Australia's 2023 petroleum exploration acreage release. The... 


Framework published for fisheries and offshore petroleum industries
1st March 2023 By: Esmarie Iannucci

The National Offshore Petroleum Safety and Environmental Authority (Nopsema) this week released a guidance framework to help drive improved cooperation between the offshore petroleum industry and... 


Appea warns on ADGSM changes
1st March 2023 By: Esmarie Iannucci

The Australian Petroleum Production and Exploration Association (Appea) has called on the federal government to prioritise bringing on new gas supply rather than compromising international... 


Glencore ordered to pay $700m by US judge in bribery case
1st March 2023 By: Bloomberg

Glencore was ordered by a federal judge in New York to pay $700-million as a criminal punishment for a global bribery scheme orchestrated by the Swiss-based commodities trading and mining giant. US... 


End in sight for Warrego
27th February 2023 By: Esmarie Iannucci

Suitor Hancock Energy has started the compulsory acquisition of the remaining shares in ASX-listed Warrego Energy, after gaining a 95.63% interest in the takeover target. Warrego on Monday... 


Woodside posts impressive results
27th February 2023 By: Esmarie Iannucci

Oil and gas major Woodside has reported a 73% increase in production volumes for full year ended December, driving a 142% increase in operating revenue and a 172% increase in earnings before... 


Consortium revises offer for Origin
24th February 2023 By: Esmarie Iannucci

Takeover target Origin Energy this week said it would continue discussions with a consortium after receiving a revised takeover proposal from the consortium. The company in November last year... 


Anglo American CEO Duncan Wanblad.
Anglo has 600 MW keyed up ready to go, green hydrogen also developing rapidly, says Wanblad
23rd February 2023 By: Martin Creamer

All policy in South Africa specifically relating to energy certainly does tend to be moving into a path of time and space where it really is incentivising the building out of renewable energy... 


King still believes in Chevron's CCS plans
23rd February 2023 By: Esmarie Iannucci

Federal Resources Minister Madeleine King has backed US energy major Chevron’s carbon capture and storage (CCS) efforts at its Gorgon liquefied natural gas (LNG) project, in Western Australia. The... 


Minerals Council welcomes 125% energy tax break in Budget speech
22nd February 2023 By: Martin Creamer

Minerals Council South Africa welcomed the government’s intervention on Eskom’s debt and the financial encouragement to stimulate businesses building renewable energy projects by offering generous... 


Jeffrey Currie
Goldman's Currie says China recovery 'A-OK', commodities to jump
22nd February 2023 By: Bloomberg

Commodities are poised to rally in 2023 as China recovers, US inflation proves to be benign, and Russian oil production contracts, according to Goldman Sachs Group’s Jeff Currie. “The real core of... 


Image shows a Santos operation at night
Higher oil price drives Santos to new heights
22nd February 2023 By: Esmarie Iannucci

Oil and gas major Santos has reported record underlying earnings for the full year ended December, with underlying profits increasing by 160% to $2.46-billion. Net profits after tax for the year... 


Suncor names Kruger CEO amid Elliott pressure, safety overhaul
22nd February 2023 By: Bloomberg

Suncor Energy named Rich Kruger as its new CEO, ending a seven-month search that started after a string of worker deaths and pressure from activist investor Elliott Investment Management drove out... 


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Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

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