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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...
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...
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....
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...
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...
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...
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...
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 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...
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...
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...
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...
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’...
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...
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...
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...
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....
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...
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...
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...
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...
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....
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...
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,...
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...
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....
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....
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,...
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...
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’...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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?...
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