R/€ = 16.40 Change: -0.03
R/$ = 14.51 Change: -0.02
Au 1316.70 $/oz Change: 4.34
Pt 848.94 $/oz Change: -16.80


CIMIC JV wins Woodside work

By: Esmarie Iannucci     15th March 2019 Project house Cimic has been awarded a new contract from Australian oil and gas major at its Karratha gas plant, which will generate revenue of some A$190-million. Cimic subsidiary UGL, as part of a joint venture with services provider Cape, will provide brownfields implementation services at... 

Chevron gives green light for Jansz-Io FEED

By: Esmarie Iannucci     14th March 2019 US oil and gas giant Chevron has given the go-ahead for the front-end engineering and design (FEED) work for the Jansz-Io compression project at the Gorgon natural gas facility, offshore Western Australia. In an Australian first, the project will use subsea compression to enhance recovery of the... 

New EPA emission rules could scupper three Woodside projects

By: Esmarie Iannucci     13th March 2019 Australian oil and gas major Woodside has called for government intervention in the new greenhouse guidelines put forth by the Western Australian Environmental Protection Authority (EPA), warning that the guidelines could jeopardise a 2020 investment decision on the Browse, Scarborough and Pluto... 

Petrochemicals and jet fuel to underpin oil growth as gasoline slows 

By: Terence Creamer     11th March 2019 Petrochemicals and jet fuel have emerged as key drivers of oil growth, with the International Energy Agency’s (IEA’s) latest market forecast indicating that the two sectors will account for more that 30% of global growth in the coming five years, as gasoline demand slows as a result of efficiency... 

M&R’s underground mining order book rises to R25bn amid oil and gas slowdown

By: Terence Creamer     6th March 2019 A strong performance from Murray & Roberts’ (M&R’s) underground mining business was insufficient to offset lower contributions from its oil and gas, as well as its power and water platforms in the six months to December 31, 2018. The JSE-listed company reported a 17% fall, to R9.8-billion, in... 

MGX and Eureka to recover lithium from produced water

By: Creamer Media Reporter      5th March 2019 Lithium-focused junior MGX Minerals has teamed up with water treatment company Eureka Resources to potentially recover lithium from water produced at nonconventional oil and gas sites across the Marcellus and Utica shale formations in the US. Deep natural gas reserves located in the Marcellus... 

Gas starts flowing from Chevron’s Wheatstone facility

By: Esmarie Iannucci     5th March 2019 Domestic gas deliveries from the Wheatstone natural gas facility, in Western Australia, has started, US major Chevron reported on Tuesday. With capacity to supply 200 TJ/d of natural gas, Wheatstone’s domestic gas will supply local households and businesses through contracts with Western... 

BHP makes changes to leadership team

By: Esmarie Iannucci     28th February 2019 Diversified miner BHP has announced a number of management changed, reflecting its simplified portfolio. Geraldine Slattery will replace Steve Pastor as president of the petroleum operations, while Vandita Pant will take over from Arnoud Balhuizen as chief commercial officer. 

ONGC Videsh, partners sign deal to sell LNG from Mozambique’s Rovuma offshore

By: Ajoy K Das     27th February 2019 India’s national oil, gas exploration and production major, ONGC Limited, has concluded long-term sale and purchase agreements for a total of 9.5-million tons a year from future production from its Rovuma Offshore Area I, in Mozambique, the company announced this week. “The project is progressing... 

Santos to supply Narrabri gas to Perdaman plant

By: Esmarie Iannucci     27th February 2019 Oil and gas major Santos has inked a non-binding supply agreement with multi-national group Perdaman for the supply of 14.5 PJ/y of natural gas over a 20-year period. The agreement was subject to a final investment decision on the Narrabri gas project, in New South Wales. 

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