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Oil and gas major Santos has delivered record first half revenues of $3.8-billion, which was up by 85% on the previous corresponding period, while free cash flows were up 199% to $1.7-billion....
China’s liquified natural gas (LNG) imports are set to fall over 14% year-on-year to 69-million tonnes in 2022, advisory firm Wood Mackenzie (Woodmac) reported on Tuesday, noting that this was the...
Canadian miner Ivanhoe Mines’ play to get a majority stake in ASX- and JSE-listed Renergen has failed. The two companies in March this year announced a strategic investment agreement under which...
There are two key considerations when moving away from coal-powered energy. Firstly, what is the safety track record of the alternatives, and secondly can these alternatives reduce supply risk?...
The Australian Petroleum Production & Exploration Association (Appea) this week said that the oil and gas industry would work with the federal government on consultation to extend the Australian...
A hunt by Europe’s coal consumers to replace Russian cargoes with shipments from across the globe has boosted imports to a key hub by more than a third, helping to fill severely depleted...
The federal government is looking to extend the Australian Domestic Gas Security Mechanism (ADGSM) until 2030 to ensure the mechanism is available to help secure ongoing domestic gas supplies in...
Australia’s resource and energy export earnings are estimated to be worth A$405-billion in 2021–22, and is forecast to rise to A$419-billion in 2022–23, delivering two successive record years, the...
Group of Seven (G7) nations are set to allow some exceptional public financing of overseas fossil-fuel projects to continue provided that the investments are consistent with prior climate-change...
Japan will withdraw financing for key coal-fired power plant projects in Bangladesh and Indonesia under efforts aimed at accelerating a global phase-out of the dirtiest fossil fuel. Asia’s...
Oil and gas major Woodside will be facing the Federal Court of Australia in relation to the environmental assessment of its Scarborough project, in Western Australia, after the Australian...
Before moving ahead with the procurement of gas-fired generation, South Africa should update both its Integrated Resource Plan (IRP) for electricity and its Gas Master Plan to reflect prevailing...
A fresh wave of attacks by an Islamic State affiliate in northern Mozambique has prompted the evacuation of the nation’s biggest solar power plant and threatens to further delay TotalEnergies'...
Federal Resources Minister Madeleine King has announced a ‘urgent review’ of the Australian Domestic Gas Security Mechanism (ADGSM) to ensure its suitability. The announcement comes as electricity...
Integrated employment management solutions company Quyn will use its presence, contacts and previous experience in projects in Mozambique to supply bespoke employment management solutions to the...
Western Gas said on Monday its Sasanof-1 exploration well off Western Australia found no hydrocarbons, in a big disappointment for one of the most closely watched drilling campaigns in Australia...
Emerging integrated energy producer Renergen is confident that its Virginia gas project, in the Free State, will become a catalyst for “more than just gas” in South Africa, with CEO Stefano Marani...
With diesel prices at a record high, liquefied natural gas (LNG) has the potential to lower the transportation costs of major logistics companies by up to 30%, LNG and helium developer Renergen CEO...
The commissioning of the Phase 1 plant at integrated energy company Renergen’s Virginia gas project, in the Free State, is progressing smoothly, the company announced on May 30. The company said...
There is an intense discussion taking place around a future-proof energy strategy for South Africa. Other energy sources need to be explored and further researched to better understand how...
Energy major Shell and its joint venture (JV) partner SGH Energy have taken a final investment decision to approve the development of the Crux natural gas field, off the coast of Western...
Australia’s gas sector could benefit greatly from Korea’s decarbonising efforts, oil and gas major Santos said. Speaking at the Korean Government Energy Summit, Santos MD and CEO Kevin Gallagher...
As Finland braces for an expected halt in natural gas flows from its top supplier Russia, some of the largest industrial users are getting ready. There’s a “real risk” the taps will be turned off...
Diversified miner BHP on Friday announced it would pay shareholders an in specie dividend in the form of Woodside Petroleum shares in connection with the merger of BHP’s oil and gas portfolio with...
The shareholders of ASX-listed oil and gas major Woodside have voted overwhelmingly in favour of the merger with mining major BHP’s petroleum assets. More than 97% of the votes cast at the...
The Australian Petroleum Production & Exploration Association (Appea) has highlighted signs that Australia’s oil and gas sector is emerging from the pandemic and driving the nation’s economic...
Lack of expertise about getting giga-scale hydrogen projects off the ground is a big problem in the industry, say Allen & Overy South Africa’s Alessandra Pardini and Alexandra Cluver, who believe...
Industrial boiler manufacturer Steam Generation has successfully completed two projects in Africa that highlight its ability to improve energy efficiency and management for clients. “We...
Resources companies Rio Tinto and Australia Pacific LNG will join a host of other companies in Queensland partnering with the state government on regional science and innovation hubs. Under the...
Oil and gas major Santos has completed the sale of a 12.5% interest in the Barossa project to JERA, following the completion of all regulatory approvals. Santos in January struck a binding sales...
Natural gas and helium producer Renergen is securing financing for Phase 2 of its Virginia gas project the completion of which it hopes to achieve by 2025. The project comprises exploration and...
Decisions and announcements made last year by a number of state owned entities have inched South Africa closer to the implementation of a successful gas-to-power programme, says engineering...
SLG, the second-largest natural gas trader in South Africa, and its subsidiary SLCNG, is the largest operations of compressed natural gas in Southern Africa continues to address South Africa's...
Australian Prime Minister Scott Morrison has pledged a A$300-million funding package to the Northern Territory, to grow export opportunities and boost employment, ahead of a federal election in...
Diversified miner Glencore on Tuesday welcomed the promise of federal funding of up to A$35-million to its CTSCo carbon capture use and storage (CCUS) project. Prime Minister Scott Morrison, on...
Oil and gas major Woodside has delivered a solid quarter of production as it readies for a merger with diversified miner BHP’s petroleum assets. Production volumes for the three months to March...
US climate envoy John Kerry on Thursday put natural gas on notice, saying the world’s reliance on the fossil fuel should be limited to potentially a decade, unless its greenhouse gas emissions are...
ASX-listed Australian Mines has started the hunt for additional nickel and cobalt resource at its Sconi nickel/cobalt/scandium project, in Queensland. The current plan for the $974-million Sconi...
The State-owned Transnet National Ports Authority (TNPA) reports that a request for proposals (RFP) will be issued in the coming months for the development of a liquified natural gas (LNG) terminal...
The world today is faced with the energy trilemma of achieving the right balance between reliability, sustainability and affordability for electricity generation, delivery and consumption.
Oil and gas major Santos has reported record production of 26-million barrels oil equivalent during the three months ended March. Production in the first quarter of 2022 was up 14% on the December...
Russia’s invasion of Ukraine is upending the global transition away from fossil fuels in the fight against climate change. In some ways, the war is slowing the shift and giving old energy new...
The resources sector has been quick to welcome election promises from the Coalition government, after Prime Minister Scott Morrison promised a A$50-million investment to boost the critical minerals...
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