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Higher prices drive Santos profits
20th October 2022 By: Esmarie Iannucci

Oil and gas major Santos has delivered record year-to-date sales revenue on the back of higher third-quarter production and higher energy prices. Year-to-date sales revenue reached $5.9-billion... 


Beach reports 8% drop in production
19th October 2022 By: Esmarie Iannucci

ASX-listed Beach Energy has announced an 8% decline in production for the September quarter, to 5.2-million barrels of oil equivalent. The energy company told shareholders that the decrease in... 


Green hydrogen seen competing with LNG within a decade
18th October 2022 By: Bloomberg

The cost of clean hydrogen will fall to that of liquefied natural gas in a decade as global efforts to replace fossil fuels accelerate, according to Europe’s biggest operator of gas infrastructure.... 


Australia committed to LNG development - King
18th October 2022 By: Esmarie Iannucci

The federal government was committed to the continued development of the country’s liquefied natural gas (LNG) sector, with Resources Minister Madeleine King saying the sector would be an integral... 


Image shows a handshake
Tokyo Gas makes space for EIG in $2.15bn deal
10th October 2022 By: Esmarie Iannucci

Institutional investor EIG, through its liquefied natural gas (LNG) company MidOcean Energy has finally landed in Australia, striking a $2.15-billion deal with Tokyo Gas to acquire that company’s... 


Santos signs decarbonisation MoU with JBIC
5th October 2022 By: Esmarie Iannucci

Oil and gas major Santos has inked a memorandum of understanding (MoU) with the Japan Bank for International Cooperation (JBIC) to promote the securing of stable energy and the progression of... 


Image shows operations at Port Hedland
Energy and battery minerals driving Australian exports to record levels
4th October 2022 By: Esmarie Iannucci

Australia’s resources and energy exports are forecast to reach a record A$450-billion in 2022/23, with the export of battery metals, including copper, nickel and lithium, expected to more than... 


Image shows an LNG tanker
LNG taxes to raise to A$13bn in 2022-23 - Appea
3rd October 2022 By: Esmarie Iannucci

Preliminary forecasts by the Australian Petroleum Production & Exploration Association (Appea) has found that liquefied natural gas (LNG) exporters would pay an extra A$9-billion to federal and... 


South Africa is returning to prepandemic levels of economic growth
30th September 2022 By: Darren Parker

South Africa is returning to pre-Covid-19 levels of economic growth, according to the latest ‘KPMG Global Economic Outlook’ report. The global economic research and consulting firm said on... 


Image shows LNG plant
New domestic gas supply agreement signed
29th September 2022 By: Esmarie Iannucci

The federal government and East Coast liquefied natural gas (LNG) exporters have inked a new heads of agreement (HoA) to prevent a gas supply shortfall and secure competitively priced gas for the... 


Image shows a handshake
Santos gets $1.4bn offer for stake in PNG LNG
27th September 2022 By: Esmarie Iannucci

Oil and gas major Santos is mulling the sale of a 5% interest in the Papua New Guinea liquefied natural gas (PNG LNG) project after receiving a binding conditional offer from PNG national oil and... 


Thunderbird project secures LNG supply
26th September 2022 By: Darren Parker

ASX-listed Sheffield Resources’ 50%-owned Kimberley Mineral Sands (KMS) has secured liquefied natural gas (LNG) for the Thunderbird mineral sands project, in northern Western Australia. KMS... 


Energy and chemicals executive appointed Vulcan deputy CEO
26th September 2022 By: Creamer Media Reporter

ASX-listed Vulcan Energy has appointed Cris Moreno, an energy and chemicals industry executive based in Europe, as its deputy CEO with effect from November 1. Moreno has more than 20 years’... 


Sasol hydrogen programme management head Rilet Davison.
Northern Cape’s proposed green hydrogen hub can help open region’s full energy potential
22nd September 2022 By: Martin Creamer

The Boegoebaai green hydrogen hub in the Northern Cape can be a strategic project to open Southern Africa’s full green energy potential. A 24-month study of the strategic potential of the hub is... 


Santos' Barossa project could face Federal Court struggle
21st September 2022 By: Esmarie Iannucci

Oil and gas major Santos is facing headwinds at its Barossa gas project, after the Federal Court on Wednesday set aside the acceptance by the National Offshore Petroleum Safety and Environmental... 


Image shows ASX trading boards
Origin sells Beetaloo basin interests, will exit upstream exploration
19th September 2022 By: Esmarie Iannucci

Energy major Origin Energy on Monday flagged plans to divest of its interest in the Beetaloo Basin, in the Northern territory for A$60-million and royalties, saying it intends to exit upstream... 


Sheffield secures power supply for Thunderbird
16th September 2022 By: Esmarie Iannucci

Mineral sands developer Sheffield Resources has secured a binding 15-year power purchase agreement with Pacific Energy for electricity supply to its Thunderbird project, in Western Australia.... 


Woodside strikes deal with US LNG terminal
5th September 2022 By: Esmarie Iannucci

Australian energy major Woodside Energy has struck two binding liquefied natural gas (LNG) sales agreements with the Commonwealth LNG export terminal project, in the Louisiana. The two sale and... 


The Virginia Gas Plant
Renergen marks major milestone as Virginia project begins producing commercial LNG
5th September 2022 By: Terence Creamer

Emerging helium and natural gas producer Renergen reports that its Virginia gas project in the Free State has entered operations, a milestone that represents the company’s transition from explorer... 


Fitch Solutions says natural gas prices to remain volatile for remainder of this year
2nd September 2022 By: Marleny Arnoldi

Research agency Fitch Solutions Country Risk & Industry Research reports that European natural gas prices have fallen sharply from all-time-highs set just a week ago.   Both the Dutch Title... 


Aerial view of Phase 1 - Virginia Gas Project
Virginia gas project Phase 1 reaches completion
2nd September 2022 By: Leah Shelene Asaram

Helium and domestic natural gas producer Renergen completed the development of Phase 1 of its Virginia Gas Project in July and has started with commercial operation. The project comprises the... 


An image of PolaireTech CEO Freek van Heerden
ssLNG plants available locally
2nd September 2022

Designers and suppliers of liquified natural gas (LNG) equipment PolaireTech’s modularised small-scale plants for the liquefaction of natural gas to produce LNG are now available in South Africa.... 


An image of a man extracting coal
Gas a viable decarbonisation source
2nd September 2022 By: Leah Shelene Asaram

Decarbonisation can be implemented by the introduction of gas as a replacement of fossil fuels such as coal and diesel, says strategic research and advisory company Birguid senior associate... 


Woodside-led JV given GHG assessment permit
1st September 2022 By: Esmarie Iannucci

A joint venture (JV) between energy majors Woodside Energy, BP, Shell Australia, Chevron Australia, and Japan Australia LNG (MIMI), which is owned equally by Mitsubishi Corporation and Mitsui & Co,... 


Image shows the Woodside logo on the side of a building
Woodside posts stellar results
30th August 2022 By: Esmarie Iannucci

Higher energy prices has seen oil and gas major Woodside Energy report a 417% surge in net profits after tax for the first half of 2022, while earnings before interest, tax, depreciation and... 


German Chancellor Olaf Scholz and Canadian Prime Minister Justin Trudeau
Germany taps ‘boundless’ fuel potential in Canada hydrogen deal
24th August 2022 By: Bloomberg

Canada intends to start shipping green hydrogen produced by wind farms to Germany by 2025, the first step in a partnership to help Europe’s biggest economy reduce its reliance on fossil fuels.... 


Image shows the Pluto LNG plant
Work starts on Pluto Train 2
24th August 2022 By: Esmarie Iannucci

Energy major Woodside on Wednesday announced that construction has started on the Pluto Train 2 project, marking a major milestone for the A$16-billion Scarborough and Pluto Train 2 development.... 


Sasol CEO Fleetwood Grobler
Sasol prepares to ramp up decarbonisation capex from 2025
23rd August 2022 By: Terence Creamer

Energy and chemicals group Sasol expects to invest the bulk of the R15-billion to R25-billion it is budgeting to facilitate a 30% reduction in its carbon emissions by 2030 between 2025 and 2027,... 


An image of Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz
Germany's Scholz kicks off Canada visit focused on minerals, energy
23rd August 2022 By: Reuters

German Chancellor Olaf Scholz met with Canadian Prime Minister Justin Trudeau on Monday morning in his first meeting of a three-day trip focused on cultivating alternative sources of critical... 


Santos MD and CEO Kevin Gallagher
Santos announces FID on $2.6bn Alaska oil project
17th August 2022 By: Esmarie Iannucci

Oil and gas major Santos has announced a positive final investment decision (FID) on the $2.6-billion Pikka Phase 1 project, in Alaska, as the company reported record first half results. Santos’... 


Oil industry gears up to tap US climate bill for carbon capture projects
16th August 2022 By: Reuters

Tax credits in the $430-billion US climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas proponents, offsetting startup costs for... 


Beach sees revenue rise in 2022
15th August 2022 By: Esmarie Iannucci

ASX-listed Beach Energy has reported a 13% increase in revenues for the year ending June, reaching A$1.8-billion. The company reported that earnings before interest, tax, deprecation and... 


Image shows activists on boats next to a cargo vessel
Greenpeace targets Woodside supplies in Germany - report
12th August 2022 By: Esmarie Iannucci

Environmental group Greenpeace on Friday claimed that environmental activists in Germany had blocked a ship carrying pipelines slated for use in ASX-listed Woodside’s Scarborough offshore gas... 


Australian resources key to decarbonising - Minister
11th August 2022 By: Esmarie Iannucci

The Australian resources sector, including its coal and gas sectors, had a significant role to play in the nation’s decarbonising efforts, federal Resources Minister Madeleine King said. Speaking... 


Goldman analyst calls out ‘deeply disappointing’ energy bets
10th August 2022 By: Bloomberg

The ESG industry has focused “too heavily” on blacklisting all fossil fuels, exacerbating an energy crisis that can’t be addressed without embracing natural gas, according to an analysis by a... 


Image shows operations at the port of Port Hedland
New records set for Aus resource exports
5th August 2022 By: Esmarie Iannucci

New trade data from the Australian Bureau of Statistics (ABS) has shown that Australia’s resources sector had posted another record year of exports, with total resources and energy exports were... 


Aus gov responds to ACCC's gas warnings
2nd August 2022 By: Esmarie Iannucci

The Australian government has outlined a range of actions to safeguard gas supplies in Australia, after a report from the Australian Consumer and Complaints Commission (ACCC) warned of 56 PJ gas... 


Image shows an LNG cargo ship
ACCC warns of gas shortages by 2023
1st August 2022 By: Esmarie Iannucci

The Australian Consumer and Complaints Commission (ACCC) has called on liquefied natural as (LNG) exporters to divert gas to the domestic market, in order to avoid a shortfall. In its July interim... 


Photo of Terence Creamer
Confusing signals
29th July 2022 By: Terence Creamer

Given the high levels of mistrust and misinformation in energy markets currently it has become increasingly difficult to discern what is required to improve the situation in the short-term, while... 


Record revenues reported at Santos
21st July 2022 By: Esmarie Iannucci

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 LNG imports to decline - Woodmac
19th July 2022

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... 


Ivanhoe and Renergen deal falls flat
18th July 2022 By: Esmarie Iannucci

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... 


The Reliability of LNG Supply in South Africa
13th July 2022

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?... 


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