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Oil & Gas

Santos, Toho Gas to collaborate on producing carbon-neutral e-methane in the Cooper Basin
19th December 2023 By: Creamer Media Reporter

Australian oil and gas exploration and production company Santos has signed an agreement with Japanese gas utility company Toho Gas to investigate the potential for producing carbon-neutral... 


An office with Woodside's logo
Woodside signs MoU with Japanese firms to collaborate on carbon capture studies
19th December 2023 By: Creamer Media Reporter

Australia-headquartered Woodside Energy has signed a nonbinding memorandum of understanding (MoU) with four Japanese companies to enable studies of a potential carbon capture and storage (CCS)... 


EU adopts 12th package of sanctions against Russia
18th December 2023 By: Reuters

The European Union (EU) Council has adopted a twelfth package of sanctions against Russia, the European Commission said in a statement on Monday, after Austria gave its final approval over the... 


Shale gas production
US frackers are back to haunt Opec’s price strategy
17th December 2023 By: Bloomberg

Opec’s one-time nemesis — US shale — is rearing its head just months after the sector was all but written off as a threat to the cartel’s sway over worldwide oil markets. Drillers from the Permian... 


COP28 president Dr Sultan Al Jaber
COP28 ends with deal on transition away from fossil fuels
13th December 2023 By: Bloomberg

The COP28 climate talks in Dubai ended in a deal that saw a commitment to transition away from all fossil fuels for the first time. The president of this year’s UN-sponsored summit, the UAE’s... 


Woodside and Santos in talks to form $5bn Australian oil giant
Woodside and Santos in talks to form $5bn Australian oil giant
7th December 2023 By: Reuters

Australia's Woodside Energy and Santos said on Thursday they were in preliminary talks to create an A$80-billion global oil and gas giant, as consolidation among international energy firms... 


Woodside and Mexico Pacific sign LNG supply deal
6th December 2023 By: Creamer Media Reporter

Australia’s Woodside has signed a sales and purchase agreement with Mexico Pacific to purchase 1.3-million tonnes a year, equivalent to about 18 cargoes a year, of liquefied natural gas (LNG) for... 


An image showing the TotalEnergies logo
TotalEnergies takes steps to broaden methane emission reductions in the oil, gas sector
5th December 2023 By: Tasneem Bulbulia

TotalEnergies has announced the signing of three cooperation agreements with national oil and gas companies – Petrobras in Brazil, SOCAR in Azerbaijan and Sonangol in Angola – to carry out methane... 


ARM founder and executive chairperson Dr Patrice Motsepe and Wits ARM Building.
African Rainbow Minerals provides R20-million for Wits University research
23rd November 2023 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) is supporting postdoctoral research into water, energy and digitalisation at the University of the Witwatersrand (Wits) in Johannesburg.... 


Brookfield's consortium partner EIG Partners would take on Origin's integrated gas business, which includes the 27.5% stake in Australia Pacific LNG (pictured).
Brookfield submits new $10.6bn proposal for Origin Energy
23rd November 2023 By: Reuters

Origin Energy, Australia's biggest energy retailer, said on Thursday it had received a revised $10.6-billion takeover bid from a Brookfield-led consortium that would allow institutional investors... 


Rooftop and small-scale installations account for about two-thirds of the four-million jobs in the PV sector
There are already more clean-energy than fossil-fuel jobs and gap is set to widen
15th November 2023 By: Terence Creamer

More people work in the energy sector today than in 2019, almost exclusively because of the growth in clean-energy sectors, which have employed more workers than fossil fuels since 2021, a new... 


Sibanye-Stillwater CEO Neal Froneman.
Renewables now critical part of metal mining thinking, says Sibanye-Stillwater
14th November 2023 By: Martin Creamer

Renewables have become a critical part of metal mining thinking, the Sibanye-Stillwater Battery Metals Investor Day 2023 audience heard on Tuesday. “If you look at electricity, renewables are... 


Mineral Resources and Energy Minister Gwede Mantashe
Bill outlines broad ‘energy value chain’ mandate for State petroleum company
14th November 2023 By: Terence Creamer

Mineral Resources and Energy Minister Gwede Mantashe has released a draft Bill for public comment outlining the establishment of the South African National Petroleum Company (SANPC), which the... 


Anglo American's Moranbah coal mine and power plant
Europe warns methane polluters as bloc pushes to slash emissions
14th November 2023 By: Bloomberg

The European Union (EU)  aims to slash methane emissions by clinching a deal that could have global ramifications if major energy importers are targeted over leaks of one of the most potent... 


Tullow signs $400m debt facility deal with Glencore
13th November 2023 By: Reuters

Tullow Oil said on Monday it had entered into a $400 million five-year debt facility deal with Glencore, which would help manage its senior notes maturing through 2026. The facility, with Glencore... 


An image of Mineral Resources and Energy Minister Gwede Mantashe
Oil, gas development activism lambasted
10th November 2023 By: Nadine Ramdass

Lengthy and costly litigation is stymying significant progress in exploration and development of oil and gas deposits in South Africa, according to Mineral Resources and Energy Minister Gwede... 


An image of Mineral Resources and Energy Deputy Minister Dr Nobuhle Nkabane.
Sustainable gas development needed for South Africa
10th November 2023 By: Nadine Ramdass

Accelerated exploration in the oil and gas sector is critical for South Africa to boost economic development, help meet climate change targets by offering less carbon-intensive fossil fuels, and... 


An image of workers on site at an oil rig
Health, safety measures boost productivity
10th November 2023 By: Nadine Ramdass

In the oil and gas sector, prioritising the health and safety of workers is crucial, particularly considering that operating in onshore and offshore environments presents unique health challenges... 


Harmony's Great Noligwa gold mine.
Solar power generation poised to save Harmony Gold R3.6bn
7th November 2023 By: Martin Creamer

Gold-mining company Harmony estimates that it will achieve total cumulative net present value savings of R3.6-billion from its three solar power projects, one of them already generating 30 MW of... 


Australian explorer advances in gas potential probe in South Africa’s Mpumalanga province
31st October 2023 By: Marleny Arnoldi

ASX-listed gas explorer Kinetiko Energy will start drilling five appraisal production wells to the west and north of Volksrust, in February next year, in efforts to commercialise advanced shallow... 


German Chancellor Olaf Scholz
Germany's Scholz says his country willing to invest in Nigerian gas, minerals
29th October 2023 By: Reuters

German Chancellor Olaf Scholz said on Sunday his country was willing to invest in gas and critical minerals in Nigeria, Africa's largest oil producer, as he started a two-nation visit to... 


An offshore oil rig
Global oil demand to reach its peak this decade, IEA says
24th October 2023 By: Bloomberg

Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing popularity of electric cars and the cooling of China’s economy. The... 


An image depicting an oil platform on the ocean
Conference hears calls for unified action
20th October 2023

During her keynote address at this year’s Southern Africa Oil and Gas Conference, Deputy Minister in the Presidency Pinky Kekana called on all sectors of South Africa to work together to realise... 


An image depicting Patience Panashe
Oil and gas can benefit S Africa, deserves consideration
20th October 2023 By: Sabrina Jardim

With about 27-billion barrels of prospective oil and gas resources on its south, west and east coasts, as well as more than 5.6-trillion cubic metres of prospective shale gas resources onshore,... 


An image depicting a light bulb with a tree growing inside
Energy transition raises questions
20th October 2023 By: Sabrina Jardim

The African oil and gas industry is facing increasing pressure to clarify the implications of the energy transition for upstream operations and business models, and explain the contributions that... 


Image shows a Santos operation at sunset
Santos faces court action, but soothes with stellar quarter
19th October 2023 By: Esmarie Iannucci

The Australian Energy Regulator (AER) has started proceedings in the Federal Court against oil and gas giant Santos, alleging breaches of important record keeping obligations in the National Gas... 


Woodside posts solid quarter
18th October 2023 By: Esmarie Iannucci

Oil and gas major Woodside has reported an 8% increase in production for the quarter ended September, with production reaching 47.8-million barrels of oil equivalent. The company on Wednesday... 


Image shows smoke stacks
More urgency needed for CCUS development - Woodmac
13th October 2023 By: Esmarie Iannucci

Advisory firm Wood Mackenzie (Woodmac) has called for urgency to meet the seven-billion tonnes carbon capture required to meet the global net zero goals by 2050. Speaking in Houston this year,... 


Tamboran proposes move to the US
12th October 2023 By: Esmarie Iannucci

Natural gas developer Tamboran Resources has announced its intention to re-domicile the company and its subsidiaries from Australia to the US, by way of a proposed scheme of arrangement. All... 


More green industrial policy support needed in commodity-dependent countries
10th October 2023 By: Darren Parker

The United Nations Conference on Trade and Development (Unctad) has called on the global community to provide support for green industrial policies in commodity-dependent developing countries to... 


Image shows a handshake
ACCC clears Origin takeover
10th October 2023 By: Esmarie Iannucci

The Australian Competition and Consumer Commission (ACCC) has granted approval for the A$18.4-billion acquisition of ASX-listed Origin Energy by a consortium consisting of includes Brookfield... 


Image shows an LNG container ship
Aus to remain LNG trading giant - Minister
10th October 2023 By: Esmarie Iannucci

Federal Resources Minister Madeleine King on Tuesday said that the Future Gas Strategy discussion paper, released earlier this month, was wholly cognisant of the need for Australia to consider its... 


Pluto now fully remote
6th October 2023 By: Esmarie Iannucci

Energy major Woodside is now operating its Pluto liquefied natural gas (LNG) plant, in Western Australia, remotely from Perth, some 1 500km away. The remote operations center, dubbed Moorditj... 


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