R/€ = 17.15 Change: -0.20
R/$ = 14.31 Change: -0.14
Au 1776.67 $/oz Change: 30.66
Pt 1203.79 $/oz Change: 16.29


New Woodside boss faces existential threats, outgoing CEO says

By: Reuters     16th April 2021 Woodside Petroleum's outgoing boss said on Friday his replacement will face two company-defining challenges: replacing its ageing assets and managing the transition to cleaner energy. Australia's top independent gas producer is betting its future on the $11-billion Scarborough gas project, with... 

Glencore makes further emissions, tailings commitments

By: Marleny Arnoldi     15th April 2021 Global diversified miner Glencore’s 2020 Sustainability Report, published on April 14, now incorporates information from both its standalone human rights report and the environmental, social and governance data books published in previous years. The company’s sustainability report includes a... 

Glencore signs MoU with Chinese company for carbon capture tech  

By: Tasneem Bulbulia     12th April 2021 The China Huaneng Group Clean Energy Research Institute and diversified miner Glencore have signed a memorandum of understanding (MoU) to cooperate on carbon capture use and storage (CCUS) technology, starting with Glencore’s Carbon Capture Transport and Storage Company (CTSCo) project at the... 

Coal output poised for growth this year after 2% fall in 2020 

By: Marleny Arnoldi     8th April 2021 Research agency GlobalData expects global coal output to have declined by 2% in 2020 owing to Covid-19-related lockdowns and restrictions. Notably, significant reductions have been observed in the US at 23.6%, Indonesia at 13.1%, Russia at 8.1% and Australia at 5.5%.  

Trevali signs solar power PPA for Rosh Pinah 

By: Creamer Media Reporter      7th April 2021 Canada-headquartered Trevali Mining on Wednesday announced a 15-year power purchase agreement with Emerging Markets Energy Services (Emesco) for the supply of solar power to the Rosh Pinah mine, in Namibia. The PPA will deliver 30% of the zinc/lead mine’s power requirements over 15 years. The... 

Imagine a world without fuel emissions… now you’re envisioning what Nel Hydrogen is making possible

7th April 2021 Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy.  

Rolling renewables auctions follow in wake of ‘emergency’ procurement 

By: Terence Creamer     2nd April 2021 Mineral Resources and Energy Minister Gwede Mantashe released the names of the eight preferred bidders – including three powership projects – selected as part of government’s 2 000-MW ‘emergency’ procurement programme and also launched the much-anticipated fifth bid window (BW5) for the... 

South Africa’s draft climate pledge offers quicker emission cuts, but seeks steep rise in yearly climate funding to $8bn 

By: Terence Creamer     30th March 2021 South Africa’s draft updated Nationally Determined Contribution (NDC) unveiled by Forestry, Fisheries and the Environment Minister Barbara Creecy on March 30, proposes quicker emission cuts, but also outlines the need for a step change in international climate finance to support the country’s... 

Mantashe to co-chair global panel this week on people-centred energy transitions  

By: Terence Creamer     29th March 2021 South Africa’s Mineral Resources and Energy Minister, Gwede Mantashe, will co-chair a high-level Ministerial panel this week on ‘Ensuring People-Centred Transitions’ as part of a global ‘Net Zero Summit’ being hosted jointly by International Energy Agency (IEA) executive director Fatih Birol and... 

Pure Hydrogen raises cash for hydrogen ambitions

By: Esmarie Iannucci     22nd March 2021 Hydrogen energy company Pure Hydrogen Corporation will raise A$9.4-million through a share placement to progress its hydrogen initiatives. The company on Monday said that it would issue more than 32.4-million shares at a price of 29c each to sophisticated and institutional investors. 

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