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Image shows an LNG plant
WA gas market to remain tight in short term - report
11th September 2023 By: Esmarie Iannucci

An independent report into Western Australia’s gas market has found that domestic supply would remain tight until 2027, until new supply led by Perth Basin and Scarborough volumes came online.... 


Image of yellowcake
Rook 1 uranium project, Canada – update
8th September 2023 By: Sheila Barradas

NexGen has announced financing of $110-million for the project. 


GE Vernova’s Gas Power sub-Saharan Africa regional sales director Vuyelwa Mahanyele
Technology giant gearing up for South Africa’s gas programme
6th September 2023

GE Vernova is gearing itself up for South Africa’s long-awaited gas programme which is expected to be rolled out in the coming months as South Africa accelerates initiatives aimed at ending... 


Kinetiko expects to complete Afro Energy buyout soon
4th September 2023 By: Darren Parker

Energy company Kinetiko Energy expects that it will formally close the acquisition of 100% of Afro Energy within the next few weeks.  Australia-headquartered Kinetiko is developing an energy... 


Image shows a handshake
Santos strikes deal on PNG LNG stake
1st September 2023 By: Esmarie Iannucci

Oil and gas major Santos has struck a $576-million deal to sell off a 2.6% participating interest in the Papua New Guinea (PNG) liquefied natural gas (LNG) project to Kumul Petroleum Holdings.... 


WA gas policy could curtail investment - MinRes
30th August 2023 By: Esmarie Iannucci

ASX-listed Mineral Resources (MinRes) this week said that Western Australia’s domestic gas policy could hamper the development of its onshore gas assets. During the company’s full-year results... 


Image shows the Gorgon platform
Alliance members vote for industrial action at Chevron
29th August 2023 By: Esmarie Iannucci

US energy major Chevron is facing industrial action with Offshore Alliance members at the company’s Western Australian gas facilities issuing a notice of intention to take protected industrial... 


Image shows a Santos operation
Santos profits fall in H1
23rd August 2023 By: Esmarie Iannucci

Oil and gas major Santos has reported a fall in production, revenue and underlying profits for the half-year ended June. Production for the six months under review was down 13% on the previous... 


LNG production infrastructure
Kinetiko strikes LNG deal with the IDC
22nd August 2023 By: Esmarie Iannucci

The share price of ASX-listed Kinetiko Energy surged by nearly 40% on Tuesday on the signing of a non-binding term sheet with the Industrial Development Corporation of South Africa (IDC) to jointly... 


Image shows Woodside's Pluto LNG plant
Woodside posts record profits
22nd August 2023 By: Esmarie Iannucci

Energy major Woodside has reported a record net profit after tax of $1.74-billion for the first half of the 2023 financial year. Underlying net profits after tax for the half year was also up by... 


Image shows an LNG plant
WA changes domestic gas policy
17th August 2023 By: Esmarie Iannucci

The Australian Petroleum Production and Exploration Association (Appea) has warned that changes to the Western Australian Domestic Gas Policy would curb investment in new onshore gas supply, saying... 


Image shows the Gorgon operation
Woodside and Chevron facing labour issues
11th August 2023

Oil and gas producers Woodside and Chevron could be facing industrial action from Offshore Alliance members over failure to reach an agreement on benchmark pay and conditions, prohibitions against... 


Premier backs Scarborough deal
10th August 2023 By: Esmarie Iannucci

The Western Australian government has backed energy major Woodside’s $880-million deal with a subsidiary of LNG Japan Corporation to sell a 10% stake in the Scarborough liquefied natural gas (LNG)... 


Image shows Woodside logo on building
Woodside sells 10% in Scarborough
8th August 2023 By: Esmarie Iannucci

Oil and gas major Woodside has struck a near $880-million deal with a subsidiary of LNG Japan Corporation to sell a 10% stake in the Scarborough project. LNG Japan will pay Woodside a purchase... 


Image shows mining operation
WA companies shrug off woes
7th August 2023 By: Esmarie Iannucci

Western Australia’s listed mining companies were worth a combined A$363.3-billion at the close of the 2023 financial year, up 21% on the previous year, advisory firm Deloitte found. The 2023... 


Image shows Woodside CEO Meg O'Neill
King condemns protest action at Woodside boss' home
3rd August 2023 By: Esmarie Iannucci

Federal Resources Minister Madeleine King has condemned environmental protesters who were this week arrested outside the home Woodside boss Meg O’Neill. WA Police this week laid charges against... 


An image showing Kumba Iron Ore CEO Mpumi Zikalala
Kumba lowers full-year sales guidance as logistics challenges persist
25th July 2023 By: Tasneem Bulbulia

JSE-listed Kumba Iron Ore achieved a solid operational and financial performance for the six months ended June 30, despite ongoing logistics constraints and weak global steel demand impacting on... 


Aveng to swing to full-year loss
21st July 2023 By: Tasneem Bulbulia

JSE-listed Aveng expects to report a loss a share and a headline loss a share for the financial year ended June 30, compared with earnings a share of 106c and headline earnings a share of 252c... 


Image of yellowcake
Rook 1 uranium project, Canada
21st July 2023 By: Sheila Barradas

NexGen Energy plans to building the biggest development-stage uranium project in Canada. 


Govt grant opens for methane reduction technologies
20th July 2023 By: Esmarie Iannucci

The federal government has opened grant applications for research into reducing methane emissions in the resources sector. Minister for Resources and Northern Australia Madeleine King said the... 


Image shows the North Rankin complex
Woodside closes difficult quarter
19th July 2023 By: Esmarie Iannucci

Oil and gas major Woodside has reported a 5% decline in production during the second quarter ended June, compared with the first quarter, owing to planned turnaround and maintenance activities.... 


Aus joins methane mitigation alliance
19th July 2023 By: Esmarie Iannucci

Australia has signed the joint statement on Accelerating Methane Mitigation from the Liquefied Natural Gas (LNG) Value Chain, joining the US, Japan, the Republic of Korea and the European Union.... 


A ship transporting LNG
Closer dialogue between producers, consumers needed to ensure security of gas supply
18th July 2023 By: Schalk Burger

The global energy crisis sparked by Russia’s invasion of Ukraine in February 2022 has transformed the structure of natural gas markets, necessitating closer dialogue between producers and consumers... 


Image shows an LNG tanker
Australia has sufficient gas for 2024 - ACCC
4th July 2023 By: Esmarie Iannucci

Australia’s east coast gas market is expected to have enough supply to meet overall demand in 2024, the Australian Competition and Consumer Commission (ACCC) said at the tail end of last week. In... 


Image shows operations at Port Hedland
Australia's resource exports forecast to drop
3rd July 2023 By: Esmarie Iannucci

Australia’s export earnings are expected to fall over the next two years to 2025 as energy prices return to levels seen before Russia’s invasion of Ukraine. In the latest Resources and Energy... 


Image shows solar panels
TotalEnergies and Petronas work on solar project to power Roma
28th June 2023 By: Esmarie Iannucci

Energy major TotalEnergies this week signed a strategic collaboration deal with the Petronas’ clean energy solutions company Gentari Renewables to develop renewable energy projects in the Asia... 


Image shows stacked coins
Tamboran raises cash for Beetaloo basin
27th June 2023 By: Esmarie Iannucci

Natural gas developer Tamboran Resources has unveiled a near A$71.4-million capital raise to accelerate the development of its Beetaloo Basin projects. The company on Tuesday said it had received... 


Solar panels
Renewables growth did not dent fossil fuel dominance in 2022, report says
26th June 2023 By: Reuters

Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry's Statistical Review of... 


Image shows an LNG ship
Australia continues at the head of the global energy pack - report
26th June 2023 By: Esmarie Iannucci

Geoscience Australia’s 2023 assessment of Australia’s Energy Commodity Resources (AECR 2023) has revealed that Australia has maintained its role as leader in the global energy supply chain. AECR... 


Image shows an LNG plant
Tamboran advances Beetaloo and Middle Arm plans
23rd June 2023 By: Esmarie Iannucci

Natural gas developer Tamboran Resources has tapped ASX-listed APA Group as the preferred transmission pipeline partner for its Beetaloo Basin development. The two companies have now signed a term... 


Nedbank Corporate and Investment Banking infrastructure, energy and telecommunications head Mike Peo.
Green hydrogen presenting South Africa with good target point – Nedbank
22nd June 2023 By: Martin Creamer

Green hydrogen is presenting South Africa with a good target point at a time when the African continent is on the cusp of a massive revolution in the energy space. “For South Africa in particular,... 


Chevron marks milestone at Gorgon
Chevron marks milestone at Gorgon
12th June 2023 By: Esmarie Iannucci

The Gorgon liquefied natural gas (LNG) joint venture marked the first production of gas from its Stage 2 development last week, off the coast of Western Australia. The Stage 2 development expands... 


Image shows worker boost stacked
NT moves on Middle Arm Sustainable Development Precinct
9th June 2023 By: Esmarie Iannucci

The Northern Territory government has issued ‘not to deal’ commitments to five proponents over specific parcels of land at the Middle Arm Sustainable Development Precinct, as part of the... 


Europe’s coal exports surge after buying spree turns into glut
Europe’s coal exports surge after buying spree turns into glut
1st June 2023 By: Bloomberg

Traders are seeking buyers for piles of unused coal before it becomes worthless after the fuel was hoarded to save Europe’s economy from running out of power last year. As concern over energy... 


Image shows Santos workers
Santos rejects human rights violation claims
25th May 2023 By: Esmarie Iannucci

Oil and gas major Santos has rejected allegations of human rights breaches, following allegations of such at its Barossa gas project, its Darwin liquefied natural gas (LNG) life extension project,... 


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... 


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 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... 


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 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.... 


GE Post image
Helping meet South Africa’s energy challenges with world record gas power technology
4th May 2023

South Africa is striving to meet its energy needs. Increasing maintenance requirements on existing and ageing infrastructure, high levels of investment and capital required for new energy assets,... 


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