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Industrial action at the US Gorgon and Wheatstone liquefied natural gas (LNG) operations could come to a close as unions and US energy major Chevron agreed to a deal proposed by the Fair Work...
The Australian Competition and Consumer Commission (ACCC) has revealed that Australia’s east coast gas market should have a 1.4 petajoule (PJ) surplus in the first quarter of 2024, even if the...
Iron producer Ironveld confirmed in a September 18 operational update that the successful implementation of newly installed power generation at its Rustenburg facilities, in South Africa, had...
An independent report into Western Australia’s gas market has found that domestic supply would remain tight until 2027, until new supply led by Perth Basin and Scarborough volumes came online....
NexGen has announced financing of $110-million for the project.
GE Vernova is gearing itself up for South Africa’s long-awaited gas programme which is expected to be rolled out in the coming months as South Africa accelerates initiatives aimed at ending...
Energy company Kinetiko Energy expects that it will formally close the acquisition of 100% of Afro Energy within the next few weeks. Australia-headquartered Kinetiko is developing an energy...
Oil and gas major Santos has struck a $576-million deal to sell off a 2.6% participating interest in the Papua New Guinea (PNG) liquefied natural gas (LNG) project to Kumul Petroleum Holdings....
ASX-listed Mineral Resources (MinRes) this week said that Western Australia’s domestic gas policy could hamper the development of its onshore gas assets. During the company’s full-year results...
US energy major Chevron is facing industrial action with Offshore Alliance members at the company’s Western Australian gas facilities issuing a notice of intention to take protected industrial...
Oil and gas major Santos has reported a fall in production, revenue and underlying profits for the half-year ended June. Production for the six months under review was down 13% on the previous...
The share price of ASX-listed Kinetiko Energy surged by nearly 40% on Tuesday on the signing of a non-binding term sheet with the Industrial Development Corporation of South Africa (IDC) to jointly...
Energy major Woodside has reported a record net profit after tax of $1.74-billion for the first half of the 2023 financial year. Underlying net profits after tax for the half year was also up by...
The Australian Petroleum Production and Exploration Association (Appea) has warned that changes to the Western Australian Domestic Gas Policy would curb investment in new onshore gas supply, saying...
Oil and gas producers Woodside and Chevron could be facing industrial action from Offshore Alliance members over failure to reach an agreement on benchmark pay and conditions, prohibitions against...
The Western Australian government has backed energy major Woodside’s $880-million deal with a subsidiary of LNG Japan Corporation to sell a 10% stake in the Scarborough liquefied natural gas (LNG)...
Oil and gas major Woodside has struck a near $880-million deal with a subsidiary of LNG Japan Corporation to sell a 10% stake in the Scarborough project. LNG Japan will pay Woodside a purchase...
Western Australia’s listed mining companies were worth a combined A$363.3-billion at the close of the 2023 financial year, up 21% on the previous year, advisory firm Deloitte found. The 2023...
Federal Resources Minister Madeleine King has condemned environmental protesters who were this week arrested outside the home Woodside boss Meg O’Neill. WA Police this week laid charges against...
JSE-listed Kumba Iron Ore achieved a solid operational and financial performance for the six months ended June 30, despite ongoing logistics constraints and weak global steel demand impacting on...
JSE-listed Aveng expects to report a loss a share and a headline loss a share for the financial year ended June 30, compared with earnings a share of 106c and headline earnings a share of 252c...
NexGen Energy plans to building the biggest development-stage uranium project in Canada.
The federal government has opened grant applications for research into reducing methane emissions in the resources sector. Minister for Resources and Northern Australia Madeleine King said the...
Oil and gas major Woodside has reported a 5% decline in production during the second quarter ended June, compared with the first quarter, owing to planned turnaround and maintenance activities....
Australia has signed the joint statement on Accelerating Methane Mitigation from the Liquefied Natural Gas (LNG) Value Chain, joining the US, Japan, the Republic of Korea and the European Union....
The global energy crisis sparked by Russia’s invasion of Ukraine in February 2022 has transformed the structure of natural gas markets, necessitating closer dialogue between producers and consumers...
Australia’s east coast gas market is expected to have enough supply to meet overall demand in 2024, the Australian Competition and Consumer Commission (ACCC) said at the tail end of last week. In...
Australia’s export earnings are expected to fall over the next two years to 2025 as energy prices return to levels seen before Russia’s invasion of Ukraine. In the latest Resources and Energy...
Energy major TotalEnergies this week signed a strategic collaboration deal with the Petronas’ clean energy solutions company Gentari Renewables to develop renewable energy projects in the Asia...
Natural gas developer Tamboran Resources has unveiled a near A$71.4-million capital raise to accelerate the development of its Beetaloo Basin projects. The company on Tuesday said it had received...
Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry's Statistical Review of...
Geoscience Australia’s 2023 assessment of Australia’s Energy Commodity Resources (AECR 2023) has revealed that Australia has maintained its role as leader in the global energy supply chain. AECR...
Natural gas developer Tamboran Resources has tapped ASX-listed APA Group as the preferred transmission pipeline partner for its Beetaloo Basin development. The two companies have now signed a term...
Green hydrogen is presenting South Africa with a good target point at a time when the African continent is on the cusp of a massive revolution in the energy space. “For South Africa in particular,...
The Gorgon liquefied natural gas (LNG) joint venture marked the first production of gas from its Stage 2 development last week, off the coast of Western Australia. The Stage 2 development expands...
The Northern Territory government has issued ‘not to deal’ commitments to five proponents over specific parcels of land at the Middle Arm Sustainable Development Precinct, as part of the...
Traders are seeking buyers for piles of unused coal before it becomes worthless after the fuel was hoarded to save Europe’s economy from running out of power last year. As concern over energy...
Oil and gas major Santos has rejected allegations of human rights breaches, following allegations of such at its Barossa gas project, its Darwin liquefied natural gas (LNG) life extension project,...
A new report from the Australian Institute of Marine Science (AIMS) has highlighted the growth of Australia’s offshore gas industry. The AIMS Index of Marine Industry 2023 noted that despite the...
The Group of Seven rich nations put support for gas investments back into their communique on Saturday, calling it a "temporary" step as they try to de-couple from Russian energy, in a move...
The oil and gas industry has called on the federal government to jointly develop a national carbon capture, utilisation and storage (CCUS) strategy. Speaking the Australian Petroleum Production &...
Research firm Wood Mackenzie has urged Australia’s oil and gas industry to urgently fast-track the creation of energy “super basins” to provide a pathway to greater sustainability and cut...
The Australian government has urged the oil and gas sectors to partner with the government to scale-up Australia’s net zero ambitions, while the government works to implement a range of recently...
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