- Home
- Covid-19 News
- Latest News
- Sector News
- World News
- Magazine
- Video Reports
- Audio
- Research
- Press Office
- Electra Mining
- Back
- Electra Mining Home
- Electra Clips
- Floorplan
- Electra Mining E-Magazine
- Electra Mining Day 1 on 07 September 2020
- Electra Mining Day 2 on 08 September 2020
- Electra Mining Day 3 on 09 September 2020
- Electra Mining Day 4 on 10 September 2020
- Electra Mining Day 5 on 11 September 2020
- Electra Mining Day 6 on 17 September 2020
- Announcements
- Virtual Showroom
- Topics
- What's On
- Jobs
- Tenders
- Mining Indaba
- Apps
- Product Portal
- About Us
- Legal Notice
- Comment Guidelines
- Marketing Videos
- Live Twitter Feed
Oil and Gas News
Qld allows more gas exploration
By: Esmarie Iannucci 23rd September 2020 The Queensland Resources Council (QRC) has welcomed the release of more than 3 000 km2 of land in parts of the south west and central Queensland for gas exploration. Manufacturing Minister Glenn Butcher said Senex Energy, Comet Ridge, State Gas and Denison Gas had won tenders to explore areas... →
Green hydrogen study integrating SADC ahead of trillion dollar market emergence 
By: Martin Creamer 23rd September 2020 A German-funded project to develop a green hydrogen atlas across Southern Africa is integrating the Southern African Development Community (SADF) region ahead of the projected opening up of a trillion dollar market going into the future. Funded €5.7-million by the Germany Federal Ministry of... →
Nersa says Eskom must be buyer of IPP power arising from new determination
By: Terence Creamer 22nd September 2020 The National Energy Regulator of South Africa (Nersa) says that Eskom should remain the buyer of the electricity produced by independent power producers (IPPs) and procured by the Department of Mineral Resources and Energy (DMRE) in line with a new Section 34 Ministerial determination for 11 813... →
Council for Geoscience starts deep drilling in Karoo basin
By: Marleny Arnoldi 22nd September 2020 The Council for Geoscience (CGS) on September 21 launched Phase 2 of the Karoo Deep Drilling and Geo-environmental Base Programme (KDD), in Beaufort West. The council, as mandated by the Department of Minerals and Energy, in 2016 initiated the research programme to investigate the resource... →
Senex awarded additional acreage
By: Donna Slater 21st September 2020 The Queensland government has awarded ASX-listed oil and gas company Senex Energy preferred tenderer status for a 486 km2 natural gas exploration block, PLR2020-1-9, located on trend between the Scotia and Meridian gas fields in the Bowen basin. This was done as part of the Queensland... →
Glencore admits deal to buy South African strategic crude oil reserves was invalid
By: Marleny Arnoldi 17th September 2020 The Strategic Fuel Fund (SFF) has reached an in-principle agreement with diversified miner Glencore to reverse the 2015 sale of South Africa's strategic crude oil reserves. Glencore has agreed that the sale of the three-million barrels of oil was invalid, after first challenging the matter with... →
Morrison unveils gas plans
By: Esmarie Iannucci 15th September 2020 The federal government has announced plans to re-set the east coast gas market and create a more competitive and transparent gas hub by unlocking gas supply, delivering an efficient pipeline and transportation market, and empowering gas customers. Prime Minister Scott Morrison on Tuesday... →
Australian Prime Minister Scott Morrison
Platinum’s new sweeter spot elicits multiplicity of optimistic analyst views
By: Martin Creamer 14th September 2020 The new sweeter spot that platinum group metals has entered drew a multiplicity of mainly optimistic viewpoints from analysts attending the virtual PGM Industry Day. Chaired by business development manager Rand Merchant Bank Henk de Hoop, the viewpoints were provided by Standard Chartered Bank... →
(From left top) Simon Kendall, Patrick Mann, Mandi Dungwa. (From left bottom) Henk de Hoop, Suki Cooper.
Platinum group metals patenting their way into battery EV space
By: Martin Creamer 14th September 2020 Platinum Group Metals CEO R Michael Jones does not let grass grow under his feet. His parting shot to moderator Bernard Swanepoel at the virtual 2020 PGMs Industry Day last Wednesday was that platinum was on its way into battery electric vehicles as a battery metal. “If you're a great EV... →
Hydrogen, platinum fund sets up shop in South Africa with dollars to invest
By: Martin Creamer 11th September 2020 London-headquartered AP Ventures, an independent venture capital fund focussed on investing in early-stage companies that use or enable the use of platinum group metals (PGMs), has established a presence in South Africa. AP Ventures founding partner Kevin Eggers told this week’s virtual 2020 PGMs... →
Top from left, Anton Berlin, Tim Schlick, Kevin Eggers. Bottom from left Benny Oeyen, Matthias Dohrn, Trevor Raymond.
Watch out lithium, platinum's eyeing your battery space, says PTM
By: Martin Creamer 10th September 2020 Electric vehicles (EVs) are synonymous with lithium and fuel cell electric vehicles (FCEV) are synonymous with platinum group metals (PGMs), but will the twain meet? They certainly will if Toronto- and New York-listed Platinum Group Metals (PTM) CEO R Michael Jones has anything to do with it.... →
Sandra du Toit and R Michael Jones (top) and Bernard Swanepoel (below).
IEA says green hydrogen is ‘ready for big time’ and lists Africa as key production site
By: Terence Creamer 10th September 2020 Africa has been listed, in a new International Energy Agency (IEA) report, as one of the locations that could emerge as dominant in the production of green hydrogen, which the agency says is required to extend the decarbonisation reach of renewable electricity to industries where the direct use... →
Renergen revises Virginia drilling programme
By: Tasneem Bulbulia 10th September 2020 Emerging domestic natural gas and helium producer Renergen has revised the drilling programme at its Virginia gas project, in the Free State. The first well in the programme, using a percussion rig, was unable to reach the casing point at the base of the Karoo sedimentary section after the bottom... →
Platinum has potential to be three-times-bigger $35bn-a-year industry – Minerals Council
By: Martin Creamer 9th September 2020 Instead of being the $11-billion-a -year type industry that it is today, the platinum business has the potential to be a $35-billion-a-year industry by 2050, Minerals Council South Africa CEO Roger Baxter said on Wednesday. Baxter made this statement in response to a question put to him during a... →
Global trading platform key to unlocking competitiveness of green hydrogen
By: Terence Creamer 9th September 2020 International cooperation will be key to unlocking the competitive production of green hydrogen as global trade will be required to link those countries, such as South Africa, that are best suited to producing the energy carrier, using a combination of low-cost renewable energy, water and... →
Promoting hydrogen economy should be No1 priority – RBPlat’s Phiri
By: Martin Creamer 9th September 2020 Promoting the hydrogen economy should be South Africa’s number one priority, Royal Bafokeng Platinum CEO Steve Phiri said on Wednesday. Speaking during a panel discussion on the current state of the platinum group metals industry at the virtual 2020 PGMs Industry Day, Phiri said that this... →
Steve Phiri, Andries Rossouw (from left top) and Natascha Viljoen, Nico Muller (from left bottom)
Sasol gives insight into its automation, digital journey
By: Simone Liedtke 9th September 2020 Implementing a digital transformation strategy is a “must”, rather than an option, and is driven by both external and internal forces, petrochemicals company Sasol Chemicals digital lead Oratile Sematle said on September 8. Speaking during an automation-themed webinar as part of this year’s... →
Natural gas is the rich world’s new coal
By: Bloomberg 9th September 2020 Even the cleanest fossil fuel is losing its appeal to rich nations. Just a few years ago, natural gas was hailed as vital for the transition toward an economy that runs on renewable energy. But sentiment is changing and the fuel is going the same way as coal, its dirtier sibling shunned by... →
Fort Hills partners to restart second train
By: Mariaan Webb 9th September 2020 The Fort Hills oil sands mine, in northern Alberta, will restart the second primary extraction train, ramping up production to about 120 000 bbl/d by the end of the year, majority owner Suncor Energy announced on Tuesday. The second train at the Fort Hills joint venture with total and Teck... →
Prize potentially large in platinum fuel cell and hydrogen growth – prof
By: Martin Creamer 8th September 2020 Significant growth in fuel cells and hydrogen is now almost certain and the prize for South Africa remains potentially large. That is the view of E4tech director Professor Dr David Hart of Switzerland, expressed in an address to a fuel cell webinar hosted by Nedbank CIB on Tuesday. (Also watch... →
Woodside signs Sangomar deal
By: Esmarie Iannucci 7th September 2020 Oil and gas producer Woodside has struck a binding sale and purchase agreement to acquire joint venture partner Capricorn Senegal’s entire participating interest in the Sangomar offshore and Sangomar deep offshore (RSSD) project, in Senegal. The binding transaction followed Woodside’s exercise... →
NWS needs more input - Woodmac
By: Esmarie Iannucci 7th September 2020 Advisory firm Wood Mackenzie (Woodmac) has estimated that the North West Shelf (NWS) liquefied natural gas (LNG) project, offshore Western Australia, would have nearly 40% of spare capacity by 2027. Woodmac has estimated that the NWS project would have up to seven-million tonnes a year of spare... →
EPA approves Waitsia gas project
By: Esmarie Iannucci 7th September 2020 The Western Australian Environmental Protection Authority (EPA) has recommended the Waitsia Gas project Stage 2 for environmental approval, subject to strict conditions. Producer AWE Perth, under Mitsui E&P Australia, is hoping to construct and operate a conventional gas facility about 16 km... →
Sasol seeks carbon-utilisation solutions for South African operations
By: Terence Creamer 4th September 2020 Energy and chemicals group Sasol has initiated a process through which it aims to identify potential partners for the development and demonstration of technologies that can utilise the carbon dioxide (CO2) produced at its South African operations as part of a broader strategy to lower its... →
Lagging platinum being actively promoted – Implats
By: Martin Creamer 3rd September 2020 Demand for platinum, the price laggard of the high-flying platinum group metals basket, is being actively promoted on several fronts, Implats reported on Thursday. Following the company’s presentation of stellar cash-generating and dividend-yielding financial results, which featured a gross... →
Chevron delays Gorgon Train 2 restart
By: Esmarie Iannucci 3rd September 2020 US oil and gas major Chevron on Wednesday said that it would need additional time to complete repairs of propane heat exchangers on the second train at its Gorgon liquefied natural gas (LNG) project at Barrow Island. Weld quality issues were discovered during scheduled maintenance in July this... →
Nigeria says can tap mineral wealth despite Covid-19, unrest
By: Reuters 2nd September 2020 Nigeria aims to have 50 mines in operation by 2023 and can make up for time lost because of the impact of Covid-19 on development of the nascent sector, the country's mining minister said in an interview. Africa's largest oil producer is banking on mining to diversify its income and revive its... →
South Africa’s green revolution gathering momentum
2nd September 2020 The Covid-19 pandemic has presented countries around the world with immense challenges, as the impact of the virus has affected every aspect of everyday life as we know it, write Dr Cosmas Chiteme, Dr Rebecca Maserumule and Prof Dmitri Bessarabov. (Chiteme and Maserumule are senior managers at... →
Sasol Lake Charles project remains shut after Hurricane Laura
By: Simone Liedtke 31st August 2020 Petrochemicals company Sasol says manufacturing facilities at its Lake Charles Chemicals Complex, in the US, remain shut down as a result of Hurricane Laura. The group last week activated its inclement weather protocols at the complex, in preparation for Hurricane Laura, which made landfall near... →
New oil and gas exploration acreage released
By: Esmarie Iannucci 27th August 2020 The federal government has released 42 areas in Commonwealth waters off Western Australia, Victoria, Northern Territory and the Territory of Ashmore and Cartier Islands for its 2020 Offshore Petroleum Exploration Acreage release. Approximately 100 000 km2 of acreage has been made available for... →
M&R retreats into a loss amid R622m Covid-19 hit
By: Terence Creamer 26th August 2020 Engineering and construction group Murray & Roberts (M&R) estimates that the Covid-19 pandemic had a R622-million negative impact on its results for the 2020 financial year, during which the company retreated into a lossmaking position. The JSE-listed group reported a loss before interest and tax... →
Appea urges changes to boost oil and gas sector
By: Esmarie Iannucci 25th August 2020 The Australian Petroleum Production and Exploration Association (Appea) has urged the federal government to extend the Junior Minerals Exploration Incentive (JMEI) to the oil and gas sector. In its pre-Budget submission, Appea also recommended four other reforms, including making salary costs... →
Falling oil price hits Oil Search
By: Esmarie Iannucci 25th August 2020 ASX-listed Oil Search has reported a 264% fall in net profits after tax for the first half of 2020, as oil prices tumbled amid the Covid-19 pandemic. The company on Tuesday reported a net loss after tax of $266.2-million, compared with a net profit of $161.9-million in the first half of 2019,... →
Senex's higher production drives increased revenue
By: Esmarie Iannucci 24th August 2020 ASX-listed Senex Energy has reported increased production and sales revenue for the full year ended June as the company completed it’s A$400-million Surat Basin gas development projects. Production for the full year was up 73% on the previous financial year, to 2.1-million barrels of oil... →
Mozambique, Total agree to ‘Joint Task Force’ to help secure mega LNG project
By: Terence Creamer 24th August 2020 French energy major Total, which is leading the development of the $20-billion liquefied natural gas (LNG) megaproject in northern Mozambique, announced on Monday that it had signed a new security-related memorandum of understanding (MoU) with the government of the Southern African country.... →
Elon Musk is going to have a hard time finding clean nickel
By: Bloomberg 24th August 2020 Elon Musk promises a “giant contract” with the miner that can supply nickel for Tesla Inc. batteries at low cost with minimal environmental impact, yet the industry’s messy track record may make that deal difficult to clinch. Recent accidents such as a diesel spill in Arctic Russia and a burst... →
Erdogan unveils Turkey’s biggest ever natural gas discovery
By: Bloomberg 21st August 2020 President Recep Tayyip Erdogan said Turkey has found 320 billion cubic meters of natural gas in the Black Sea, its biggest ever energy discovery, and hopes to begin production by 2023. The Fatih drilling ship located the deposit in the so-called Tuna-1 field, Erdogan said Friday in a... →
Gold Fields hoping for 40MW approval in next month or two – Holland
By: Martin Creamer 20th August 2020 Gold mining company Gold Fields, which has been trying to get a 40 MW solar power project approved for three years, is hopeful of approval being forthcoming in the next month or two, Gold Fields CEO Nick Holland said on Thursday. “The Minister has acknowledged the importance of this so I’m... →
Company Post
Latest News
Latest Videos
Press Office
Topics In These Articles
