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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...
The Western Australian government on Thursday reported a budget surplus of A$3.3-billion in 2023-24, with a surplus position maintained over the next four years, supporting a record A$39-billion in...
Federal Treasurer Jim Chalmers has announced changes to the Petroleum Resource Rent Tax (PRRT), saying it would deliver a fairer return to the Australian community from their natural resources....
South Africa is striving to meet its energy needs. Increasing maintenance requirements on existing and ageing infrastructure, high levels of investment and capital required for new energy assets,...
Oil and gas major Santos has signed four memoranda of understanding (MoUs) for the proposed storage of carbon dioxide (CO2) emissions from third parties to underpin the initial development of the...
Oil and gas major Santos has extended its exclusivity period with Papua New Guinea (PNG) national oil and gas company Kumul Petroleum Holdings over the sale of a 5% stake in the PNG liquefied...
Oil and gas major Woodside has warned that fiscal uncertainty in Australia could prevent the company from making further investments. Speaking at the company’s annual general meeting,...
With Phase 1 of the Virginia gas project – in the Free-State – having been a watershed for South Africa’s gas economy, Phase 2 of the project is expected to catapult South Africa to becoming one of...
South Africa’s significant natural gas reserves and extensive gas infrastructure exemplify the country’s potential to develop a natural gas industry, says research and strategy firm Birguid senior...
Western Australia’s resource industry exports reached a record high of A$246-billion in 2022. Resources sales for 2022 were up A$15-billion from 2021 based on annual data released by the...
A new report by advisory firm Wood Mackenzie, has estimated that Australia’s state and federal governments would benefit from A$100-billion in taxation receipts from gas export projects over the...
The federal government has opened the final consultation on the mandatory code of conduct (Gas Code) to secure more gas at reasonable prices for Australian consumers. Following significant...
Taxes from the Australian oil and gas industry are set to reach A$16.26-billion during 2022-23, up from A$6.46-billion last financial year the Australian Petroleum Production & Exploration...
Energy major Woodside has reported a 9% decline in production during the three months to March, compared with the previous quarter on the back of turnaround and maintenance activities. The...
The stage is set for The 9th Mozambique Mining & Energy Conference and Exhibition, #MMEC is scheduled to take place at the Joachim Chissano Conference Centre in Maputo from April 26th to April...
While new analysis has highlighted the need for natural gas and large carbon capture utilisation and storage (CCUS) in Australia’s race to net zero, there would be very little space for nuclear...
The CEO of oil and gas major Woodside, Meg O’Neill has urged the federal government to carefully consider the implications of tax changes to the oil and gas industry. Speaking at the National...
ASX-listed Buru Energy has demonstrated that a floating liquefied natural gas (FLNG) facility was a viable option for its Rafael gas and condensate resource in the Canning Basin. Buru told...
Canada is ready to become a reliable provider of critical minerals to its international allies including Japan, a senior official said, as the Group of Seven (G7) countries deem such minerals...
The development of a green hydrogen economy will impact positively on South Africa’s labour landscape as the country continues to adapt to the Fourth Industrial Revolution (4IR) while,...
Liquified natural gas (LNG) used in a generator enables individuals and enterprises to not only save costs but also reduce their carbon-emission contributions. Helium and natural gas producer...
Group of Seven nations are butting heads over the timeline for phasing out coal-fired power ahead of next weekend’s summit of top energy and environmental ministers. Draft communique documents...
Canadian entrepreneur Pierre Lassonde is planning to buy a blocking stake in Elk Valley Resources, the steel-making coal unit to be spun off by Teck Resources, the Globe and Mail reported. In an...
An interim report by the Australian Competition and Consumer Commission (ACCC) has shown that a gas shortfall in 2023 was now less likely, as the supply outlook improved, making it unlikely that...
Aim-listed Ironveld’s subsidiary Ironveld Energy has signed a letter of intent (LoI) with technology solutions provider BurnStar Technologies to proceed towards a binding legal agreement under...
Australia’s resource and energy exports are forecast to reach a record A$464-billion in 2022-23, following a surge in energy prices in 2022. However, export earnings are forecast to ease to...
The project will be the first nearshore floating liquefied natural gas facility in the world.
Australia’s liquefied natural gas (LNG) exports is expected to hit A$90-billion this year, federal Resources Minister Madeleine King said this week. “It is often forgotten, but our exports also...
US energy major Chevron is sharing lessons learned in its carbon capture and storage (CCS) operations at its Gorgon liquefied natural gas (LNG) project, in Western Australia, with fellow industry...
Federal Resources Minister Madeleine King on Thursday said that the Australian Domestic Gas Security Mechanism (ADGSM) would be a ‘measure of last resort’ to ensure domestic gas supply. The...
The Australian Energy Market Operator (AEMO) has urged for more investment in gas production to meet energy demands post 2027, and has warned of potential supply this winter in the southern states...
Gas will continue to play a significant role in the Western Australian energy market, as the state government moved to phase out coal-fired power generation by 2030. Speaking at the AOG Energy...
Oil and gas major Woodside is adamant to adding the Browse liquefied natural gas (LNG) project to its production portfolio, with the company’s active executive VP for Australian operations, Mike...
US energy major Chevron on Wednesday said that in addition to carbon capture and storage (CCS) at its Gorgon liquefied natural gas (LNG) project, in Western Australia, the company is also...
Oil and gas major Santos and joint venture (JV) partners TotalEnergies and ExxonMobil have launched a fully-integrated front-end engineering and design (FEED) for the Papua liquefied natural gas...
ASX-listed Kinetiko Energy has reached a non-binding memorandum of understanding (MoU) with South Africa-based FFS Refiners that could potentially see the production and distribution of liquefied...
The Australian Petroleum Production and Exploration Association (Appea) has called on the federal government to prioritise bringing on new gas supply rather than compromising international...
Germany last year imported 44.4-million tonnes of hard coal, 8% more than a year earlier, as it burnt more coal after Russia turned off the gas taps, industry figures showed on Monday. Russia's...
Oil and gas major Woodside has reported a 73% increase in production volumes for full year ended December, driving a 142% increase in operating revenue and a 172% increase in earnings before...
Federal Resources Minister Madeleine King this week met with key industry and community groups to discuss how to best develop Australia’s critical minerals sector. King said the roundtables...
Federal Resources Minister Madeleine King has backed US energy major Chevron’s carbon capture and storage (CCS) efforts at its Gorgon liquefied natural gas (LNG) project, in Western Australia. The...
Oil and gas major Santos has reported record underlying earnings for the full year ended December, with underlying profits increasing by 160% to $2.46-billion. Net profits after tax for the year...
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