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Oil & Gas

Renergen plant resumes LNG production after completing scheduled maintenance
20th September 2024 By: Schalk Burger

Liquefied natural gas (LNG) and helium company Renergen says its LNG Virginia plant, in the Free State, has resumed LNG production after yearly maintenance of the entire plant and the notified... 


Dr Philipp Walter, Executive VP Business Line Hydrogen Systems, Global Business Unit Heraeus Precious Metals.
Platinum group metals can play essential decarb role beyond hydrogen ­– Heraeus
17th September 2024 By: Martin Creamer

Platinum group metal (PGM) catalysis can play an essential decarbonising role beyond hydrogen generation, where its use in proton exchange membrane (PEM) technology for water electrolysis and fuel... 


Mukhtar Babayev
COP29 leaders unveil climate funding and energy storage goals
17th September 2024 By: Reuters

Less than two months ahead of the COP29 United Nations Climate Summit, the Azerbaijani leadership laid out its plans on Tuesday for what it hoped to achieve, as countries continue to wrestle with... 


Development Bank of Southern Africa Chief Economist Zeph Nhleko.
Development finance institutions are key architects of hydrogen economy – Nhleko
9th September 2024 By: Martin Creamer

Development finance institutions (DFIs) are more than just financial supporters of the hydrogen economy, they are important architects of its future, Development Bank of Southern Africa (DBSA)... 


The Pluto LNG plant
Woodside raises $2bn in bonds amid rising investor worries over capex plans
6th September 2024 By: Reuters

Australia's Woodside Energy raised $2-billion in the US bond market, it said on Friday, driving it shares lower on growing worries over the oil and gas producer's capital expenditure plans. The... 


Sherry Duhe
Santos CFO change throws spotlight on top job succession
5th September 2024 By: Reuters

Australian energy giant Santos has appointed former Woodside and Newcrest senior executive Sherry Duhe as its finance chief, the company said on Thursday amid rising market speculation about a... 


Ecuador starts to shut down oil drilling on nature reserve
29th August 2024 By: Reuters

The Ecuadorean government on Wednesday began the process of shuttering oil wells in the 43-ITT block, located on a vast nature reserve, after voters last year backed a referendum to end drilling in... 


Woodside Energy earnings set to dip as investors eye strategic deals
Woodside Energy earnings set to dip as investors eye strategic deals
26th August 2024 By: Bloomberg

Woodside Energy, Australia's top independent gas producer, is on track to post a drop in interim earnings on Tuesday, with investors focusing on its deal-making strategy after the collapse of a... 


Santos operations in Australia
Australia's Santos misses profit view on production costs, lower prices
21st August 2024 By: Reuters

Australian oil and gas explorer Santos posted a bigger-than-expected fall in first-half profit on Wednesday, dented by lower realised prices and higher production costs amid weak demand from top... 


Woodside gets environmental go-ahead for Scarborough project; key green group backs down
Woodside gets environmental go-ahead for Scarborough project; key green group backs down
19th August 2024 By: Reuters

Woodside's $12.5-billion Scarborough gas project in Western Australia has all primary environmental approvals in place, the firm said on Monday, after a green group agreed to dismiss its challenge... 


Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo.
Major shift to green energy under way by mining houses across Africa – Nedbank CIB
16th August 2024 By: Martin Creamer

Virtually every mining house in South Africa is in the process of procuring green electrons, and similar advances are taking place across the African continent, from the Democratic Republic of... 


Renergen CEO Stefano Marani
Renergen's JSE share price rises on liquid helium production update
12th August 2024 By: Schalk Burger

Liquefied natural gas (LNG) and liquefied helium company Renergen has announced that its liquid helium production train is now fully operational and accumulating liquid helium inventory for sale to... 


Canada to fund health study on how oil sands impact Indigenous communities
Canada to fund health study on how oil sands impact Indigenous communities
12th August 2024 By: Bloomberg

Canada will fund an Indigenous-led study into how oil sands development impacts the health of local communities, the government said on Wednesday, following a tailings water leak from an Imperial... 


Shell to invest in phase 2 of Surat gas project in Australia
Shell to invest in phase 2 of Surat gas project in Australia
12th August 2024 By: Reuters

Shell plans to invest in the second phase of development at joint venture Arrow Energy's Surat gas project in Queensland, Australia, the global energy giant said on Monday. The second phase of... 


BLSA CEO Busisiwe Mavuso
More upgrades to growth outlook seen as reform momentum continues – Mavuso
5th August 2024 By: Sabrina Jardim

Citing progress in dealing with the country’s logistics challenges and the ability of Operation Vulindlela to speed up reforms, economists at the Bureau for Economic Research (BER) last week... 


Woodside CEO Meg O'Neill says the acquisition supports the group's strategy to thrive through the energy transition.
Woodside acquires Texas ammonia project for $2.35bn
5th August 2024 By: Mariaan Webb

Australia-headquartered Woodside on Monday announced a binding agreement to acquire a lower carbon ammonia project in, Texas, US, for $2.35-billion. CEO Meg O’Neill said the acquisition of OCI... 


No decision yet on Woodside's Browse gas project, state regulator says
No decision yet on Woodside's Browse gas project, state regulator says
5th August 2024 By: Reuters

Western Australia's environment regulator said on Monday it expects to release its recommendations on Woodside Energy's Browse gas project in 2025, after a newspaper reported the huge project might... 


Utshalo founder Paul Miller.
Orion’s capital-raising success kindling hopes of greater small-end investment in mining
1st August 2024 By: Martin Creamer

The capital-raising success that emerging copper and zinc mining company Orion Minerals achieved is kindling high hopes that smaller South African shareholders will be facilitated to play a greater... 


Senator Joe Manchin says an outdated permitting system is stifling economic growth.
US miners applaud, urge action on mine permitting
23rd July 2024 By: Mariaan Webb

National Mining Association (NMA) president and CEO Rich Nolan said on Monday that maintaining the status quo on mine permitting was no longer viable and urged immediate reform of the process. In... 


Australia announces new offshore gas exploration permits to plug supply gaps
23rd July 2024 By: Reuters

Australia on Tuesday announced new offshore gas exploration permits for its east and west coast markets in a bid to ease concerns over long-term supply gaps as the country moves rapidly away from... 


Woodside to buy US LNG developer Tellurian for $1.2bn
Woodside to buy US LNG developer Tellurian for $1.2bn
22nd July 2024 By: Reuters

Australia's Woodside Energy said on Monday it had agreed to buy US liquefied natural gas developer Tellurian, including its US Gulf Coast Driftwood LNG export project, for $1.2-billion including... 


BC Premier David Eby
British Columbia Premier walks tightrope between resource boom, green goals
9th July 2024 By: Bloomberg

British Columbia Premier David Eby sees a way for his province to exploit its abundant resources and proximity to Asia — without sacrificing environmental pledges core to his political platform.... 


Santos CEO Kevin Gallagher
Santos boss is racing against time to build a gas giant
8th July 2024 By: Bloomberg

Kevin Gallagher is in a race against time. A veteran of Australia’s oil and gas industry, the Scotsman has earned acclaim for transforming Santos Ltd into the country’s second-largest fossil fuel... 


Alaska sues to challenge new NPR-A oil and gas leasing rules
Alaska sues to challenge new NPR-A oil and gas leasing rules
4th July 2024 By: Reuters

The state of Alaska on Wednesday said it has filed a lawsuit challenging new federal regulations imposed for oil and gas leasing in the National Petroleum Reserve-Alaska (NPR-A). In April,... 


US judge halts Biden administration's pause on LNG permits
2nd July 2024 By: Reuters

A federal judge on Monday dealt President Joe Biden's climate agenda a setback by blocking the Democrat's administration from continuing to pause the approval of applications to export liquefied... 


Businessmen shaking hands
Dealmakers optimistic on global M&A prospects despite sluggish growth
28th June 2024 By: Reuters

Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024.... 


Minerals Council CEO Mzila Mthenjane being interviewed by Mining Weekly.
Mining needs one-stop regulatory environment to boost growth – Minerals Council
27th June 2024 By: Martin Creamer

South African mining needs what is often referred to as a one-stop shop to ensure that an applicant is not sent from one department to the other but goes to one place where the application is... 


Australia's Tamboran Resources raises $75m in New York listing
Australia's Tamboran Resources raises $75m in New York listing
27th June 2024 By: Reuters

Australia's Tamboran Resources has priced its shares at $24 each to raise $75-million in its New York listing, according to the company's filings on Thursday. The company sold 3.125-million shares... 


Barrick Gold chairperson John Thornton
Business model of Western mining industry needs new power, London Indaba highlights
25th June 2024 By: Martin Creamer

New power is needed by the Western mining industry, which is still functioning on a trailing old power business model. This was highlighted at Tuesday’s London Indaba, where a spotlight was shone... 


Australia's east faces immediate gas shortage amid cold snap, outage
21st June 2024 By: Reuters

Australia's east is facing a gas shortage after a cold snap drove up demand for heating and power while supply dipped due to an extended outage at the region's main gas plant, the energy market... 


Canada oil sands group removes online content over federal anti-greenwashing rules
Canada oil sands group removes online content over federal anti-greenwashing rules
21st June 2024 By: Reuters

he Pathways Alliance, a group of Canada's biggest oil sands producers, has removed all content about environmental goals from its website and social media pages, citing "significant uncertainty"... 


Fraud cops investigating ex-Glencore staff plan to press charges
Fraud cops investigating ex-Glencore staff plan to press charges
18th June 2024 By: Bloomberg

British prosecutors investigating former Glencore employees over bribery allegations said they plan to bring long-awaited criminal charges. More than 18 months after first revealing that as many... 


AmaranthCX director Paul Miller.
Reserve Bank concern about decline of public markets welcome development – Miller
12th June 2024 By: Martin Creamer

The concern that South Africa’s Reserve Bank expressed last week on the state of this country’s public markets is seen as a welcome development by AmaranthCX director and public market promoter... 


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