R/€ = 17.50 Change: 0.00
R/$ = 15.08 Change: 0.00
Au 1799.17 $/oz Change: 11.07
Pt 1014.22 $/oz Change: -5.28


Australia sets 2050 net-zero targets

By: Esmarie Iannucci     26th October 2021 Australian Prime Minister Scott Morrison on Tuesday set a net zero emissions target for 2050 ahead of the COP26, releasing Australia’s Long Term Emissions Reduction Plan. The technology-driven plan sets out a credible pathway to net zero by 2050, while preserving our existing industries,... 

Woodside plans hydrogen facility in Perth

By: Esmarie Iannucci     25th October 2021 Energy major Woodside on Monday unveiled plans to establish a world-scale hydrogen and ammonia production facility in Perth. The proposed project, named H2Perth, would be built on 130 ha of vacant industrial land to be leased from the state in the Kwinana Strategic Industrial Area and Rockingham... 

Indonesia 2021 coal output seen at 610Mt, below target

By: Reuters     22nd October 2021 Indonesia is likely to miss its coal output target this year, an Energy Ministry official said on Friday. Heavy rains are slowing mine and port operations in Indonesia, the world's biggest exporter of coal used for power generation, mining executives have told Reuters. Production is expected... 

South African energy sector the most carbon intensive of G20 nations

By: Schalk Burger     18th October 2021 South Africa’s energy sector has the highest carbon-intensity of the Group of 20 (G20) nations owing to its heavy reliance on coal, according to the latest assessment by Climate Transparency International. In 2020, three-quarters (74%) of South Africa’s total primary energy supply was derived... 

South Africa's banks say they can't cut off funding for coal just yet

By: Reuters     15th October 2021 South African banks say they have to keep funding at least some coal projects for now because an immediate halt would put huge political and economic strains on a nation that relies on the most polluting of fossil fuels. The top four banks have started to withdraw financing, with Nedbank and... 

‘Unleash American shale’ to end energy crisis

By: Bloomberg     15th October 2021 The largest US natural gas driller is using the global energy crisis to renew his call for more investment in domestic infrastructure such as pipelines, which he says will enable increased exports and ease shortages. US gas drillers could increase supplies by about 20% if not for pipeline and... 

Need for training in LNG sector recognised

By: Halima Frost     15th October 2021 With liquefied natural gas (LNG) expected to grow exponentially over the next five years, owing to the global drive to greener power generation, diverse consulting service provider Synergy Oil & Gas Consulting & Training senior energy manager Ismaeel Fataar says now is the time to upskill workers... 

Free thermal heat from natural gas baseload power generation solution

15th October 2021 The gas burners used for heating water for students living at the University of Witwatersrand’s Barnato Hall residence were generating enormous costs for the university owing to old and inefficient equipment, which was ultimately affecting service delivery.  The university, which previously had... 

China power crunch could clear Aus coal - Woodmac

8th October 2021 Power supply issues in China could force Chinese authorities to allow custom clearance of stranded Australian thermal coal, analyst Wood Mackenzie (Woodmac) said on Friday. Large-scale power restrictions were observed in the last two weeks of September in China on a scale not seen in the last... 

Holistic approach needed to achieve a just transition, says panel  

By: Marleny Arnoldi     7th October 2021 With environmental, social and governance (ESG) aspects often related to solving issues in an area or country, thinking is starting to shift away from managing the Covid-19 crisis and vaccine delivery to the just energy transition. A panel discussion on ESG hosted during the first day of the... 

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