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Oil & Gas

Petronas signage
Petronas reports new major gas find at Suriname offshore block
24th June 2026 By: Reuters

Malaysia's State-controlled energy producer Petronas has made another gas discovery at offshore Block 52 in Suriname, the South American country's President Jennifer Simons said on Tuesday, while a... 


Crude oil pouring from drilling rig well
Alberta in talks with Japan on boosting Canadian crude imports
23rd June 2026 By: Reuters

The government of Alberta, Canada's main oil-producing province, is in talks to export more crude oil to Japan and reduce that country's reliance on the Middle East, the province's Energy Minister... 


Alcoa aluminium smelting
Woodside inks gas supply agreement with Alcoa Australia
23rd June 2026 By: Reuters

Woodside Energy agreed to supply domestic gas to aluminium producer Alcoa Corporation's Australian unit from 2027 to 2030, the Australian energy major said on Tuesday. Under the deal, Woodside... 


Strait of Hormuz
Oil falls as supply starts moving through Strait of Hormuz
19th June 2026 By: Reuters

Oil prices fell on Friday on the prospect of more supply returning to the market after oil tankers began to move through the Strait of Hormuz following the signing of the US-Iran interim peace... 


An oil tanker at sea
Hormuz reopening to release wave of oil supply, depress prices
18th June 2026 By: Reuters

Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens on Friday following the US-Iran interim deal, releasing-millions of barrels of oil stranded in the... 


Keyera's KAPS pipeline infrastructure
Canada's Keyera buys remaining 50% stake in KAPS pipeline for $861 million
18th June 2026 By: Reuters

Canada's Keyera Corporation said on Wednesday it has acquired the remaining 50% stake in the KAPS natural gas liquids pipeline from Stonepeak for C$1.215-billion ($860.97-million), taking full... 


Petronas signage
Indonesia's PC Ketapang II launches construction on Bukit Panjang gas project
18th June 2026 By: Reuters

PC Ketapang II Ltd, a unit of the Searah joint venture between Italy's Eni and Malaysia's Petronas, has begun the physical construction work on its Bukit Panjang gas field in Indonesia, the company... 


Oil rig operation in Iran
IEA sees significant 2027 oil surplus after Hormuz recovery
17th June 2026 By: Reuters

The oil market will move into a significant supply surplus in 2027 after recovering from the closure of the Strait of Hormuz, the International Energy Agency (IEA) said in its monthly oil market... 


Ichthys gas field development
Australian unions end strike at Inpex Ichthys LNG as pay deal reached
17th June 2026 By: Reuters

Australian unions said on Wednesday that they have reached a deal with Japan's Inpex to end strikes at the Ichthys liquefied natural gas (LNG) onshore and offshore facilities. Australia's Offshore... 


Libya landscape
Libya's NOC signs production-sharing deals with foreign firms after licensing round
15th June 2026 By: Reuters

Libya's National Oil Corporation (NOC) has signed production-sharing agreements with several international energy companies following the country's first licensing round in nearly two decades, its... 


Inpex's Ichthys operation, in Australia
Australian LNG shipments may be disrupted amid prolonged strike at Ichthys operation
15th June 2026 By: Reuters

Australia's Offshore Alliance plans to extend until July 6 action that could disrupt liquefied natural gas (LNG) shipments, it said on Monday, after a tribunal rejected plant operator Inpex's bid... 


Woodside Energy's North Rankin project
Australia's Woodside Energy unaware of any proposal involving Exxon Mobil
15th June 2026 By: Reuters

Australia's Woodside Energy said on Monday it was not aware of any proposal involving US major Exxon Mobil and was not engaged in discussions regarding a potential transaction, responding to recent... 


Crude oil pouring from drilling rig well
Canada oil outages, bad weather to tighten inventories at key US storage hub 
12th June 2026 By: Reuters

Wet weather and a power outage at a major oil sands producer have contributed to crude export supply tightness out of Western Canada, which could tighten supplies to the key Cushing storage hub in... 


Oil refinery in New Brunswick
India considering Canada as potential crude oil supplier, envoy says
11th June 2026 By: Reuters

India is considering Canada as a potential crude oil supplier, High Commissioner Dinesh Patnaik said on Wednesday at the Global Energy Show in Calgary, Alberta, adding that the country's newer... 


Cenovus oil pipes in Alberta
Cenovus CEO says proposed pipeline to Canada's west coast currently 'unfinanceable'
10th June 2026 By: Reuters

Canadian integrated oil and natural gas company Cenovus Energy CEO Jon McKenzie said Tuesday Alberta's proposed one-million barrel-per-day pipeline to British Columbia's Pacific coast cannot be... 


Standard Bank Mozambique CEO Bernardo Aparício
Standard Bank outlines macroeconomic spinoffs from $30bn Rovuma LNG project
8th June 2026 By: Terence Creamer

Standard Bank has published a bullish macroeconomic assessment of the giant Rovuma liquefied natural gas (LNG) project in northern Mozambique, which has been described as the largest commercial... 


Zululand Energy Terminal director Oliver Naidu
Eskom signs agreement with Zululand Energy Terminal as it seeks to advance 3 GW Richards Bay gas-fired power project
5th June 2026 By: Terence Creamer

Eskom has signed heads of agreement with Zululand Energy Terminal (ZET) with the intention of becoming the ‘foundation customer’ for the liquefied natural gas (LNG) terminal that ZET intends... 


LNG tanker
LNG prices could go higher in significant volatility, Uniper executive says
4th June 2026 By: Reuters

Liquefied natural gas (LNG) prices could rise further in significant volatility than experienced so far during the Iran war if supply disruptions coalesce with hot weather in Asia and European... 


Gas from coal seam
Australia’s Jade Gas secures country-first approval of gassy coal seam reserves in Mongolia
1st June 2026 By: Marleny Arnoldi

ASX-listed Jade Gas Holdings has announced approval of its maiden reserves by the Mongolian Minerals Reserves Council (MRC) for its Tavan Tolgoi Coal Bed Methane (TTCBM) project, representing the... 


LNG vessel at sea
Canada inks first LNG supply agreement with Germany's SEFE for British Columbia project
28th May 2026 By: Reuters

Canada and Germany’s State-owned energy firm SEFE said on Wednesday they had reached what Canada described as its first liquefied natural gas (LNG) supply deal with a European buyer, underscoring... 


Minerals Council South Africa President Paul Dunne.
Urgent need for one-stop mineral rights shop, Minerals Council points out
27th May 2026 By: Martin Creamer

There is an urgent need for a one-stop shop for mineral right applications to coordinate and align all relevant regulations from other departments, to streamline and expedite approval processes.... 


NYSE building
Natural gas, royalty company WhiteHawk lists on NYSE
26th May 2026 By: Marleny Arnoldi

WhiteHawk Income Corporation has announced the size of its initial public offering (IPO) of 6.9-million Class A shares on the NYSE, at an expected price of between $25 and $27 apiece, which should... 


GLNG Santos project
Draft Australian LNG policy draws ire from industry
25th May 2026 By: Reuters

The Australian government on Monday released a draft of its liquefied natural gas (LNG) export rules for consultation, looking to clarify its new 20% domestic reservation rule but drawing criticism... 


Woodside's Scarborough gas project in Australia
CME, Premier Cook urge support for contentious Browse gas project in Western Australia
21st May 2026 By: Marleny Arnoldi

Western Australia’s Chamber of Minerals and Energy (CME) has welcomed Premier Roger Cook’s recognition of the enduring role of gas for the state’s future energy security, as well as the critical... 


GLNG Santos plant
Australian energy producers say gas review falls short on supply goals
19th May 2026 By: Reuters

Australian Energy Producers (AEP) chairperson Cecile Wake said on Tuesday that the government's gas market review falls short of its objective to boost supply. "We must avoid the 'false choice'... 


A pumpjack
Global oil supply to plunge below demand this year on Iran war, IEA says
13th May 2026 By: Reuters

Global oil supply will not meet total demand this year as the Iran war wreaks havoc on Middle East oil production, the International Energy Agency (IEA) said in its monthly oil market report on... 


Woodside's offices in Perth
Woodside Energy's delayed Browse LNG project expected to cost $35bn
11th May 2026 By: Reuters

Woodside Energy's long-delayed Browse liquefied natural gas project is now expected to cost A$48.7-billion ($35.2-billion), according to a new report commissioned by the company. The proposal to... 


Oil & gas drill rig
EU energy ministers to discuss domestic gas drilling, document says
6th May 2026 By: Reuters

European Union countries' energy ministers will take the unusual step of discussing domestic natural gas production next week, as governments seek ways to limit the economic impact of the Iran war,... 


Diesel dripping
Australia commits $7 billion to boost fuel stockpiles, create government reserve
6th May 2026 By: Reuters

Australia will spend A$10-billion ($7.22-billion) to boost its national fuel stockpiles and establish a permanent government-owned fuel reserve, Prime Minister Anthony Albanese said on Wednesday.... 


Lhyfe taxi refuelling.
As costs drop, hydrogen energy sovereignty is being grasped
5th May 2026 By: Martin Creamer

Following South Africa’s Northam Platinum reporting earlier this year that thousands of hydrogen-powered trucks are doing the rounds in China, France’s Lhyfe added on Monday, May 4 that by the end... 


Gas exploration in Australia
Australia offers first gas exploration permits in a decade
29th April 2026 By: Reuters

Australia’s New South Wales opened its first new areas for gas exploration in a decade on April 29, slashing application fees from A$50 000, or $35 815, to A$1 000 in a bid to revive a domestic... 


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