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WA budget delivers another surplus
11th May 2023 By: Esmarie Iannucci

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... 


EnerMech continues to grow on Angola LNG creating 250 permanent and temporary roles
10th May 2023

Integrated solutions specialists EnerMech has strengthened its footprint in the LNG market after securing four contracts with Angola LNG Limited (ALNG). As a result, the business has completed a... 


Image shows Australian flag and coat of arms
Govt reveals PRRT changes
8th May 2023 By: Esmarie Iannucci

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.... 


Image of FPSO vessel
Greater Tortue Ahmeyim Phase 2 project, Senegal
5th May 2023 By: Sheila Barradas

Phase 2 of the project aims to evaluate a gravity-based structure as the basis for the project, with a total capacity of between 2.5-million and three-million tonnes a year.  


Image of LNG tanks
Mozambique Area 1 liquefied natural gas facility, Mozambique – update
5th May 2023 By: Sheila Barradas

Mozambique President Filipe Nyusi has said it is safe for TotalEnergies to restart the LNG project that was halted in 2021 following insurgent attacks on civilians. 


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Helping meet South Africa’s energy challenges with world record gas power technology
4th May 2023

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,... 


Renergen, Timelink ink ground-breaking LNG supply agreement
3rd May 2023 By: Simone Liedtke

Dual-listed natural gas and helium producer Renergen, through its subsidiary Tetra4, has signed agreements with transport company Timelink to supply liquefied natural gas (LNG) and displace a... 


Image shows Santos workers
Santos signs MoUs to support Bayu-Undan
3rd May 2023 By: Esmarie Iannucci

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... 


Santos extends PNG LNG deal talks with Kumul
1st May 2023 By: Esmarie Iannucci

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... 


Image shows LNG export vessel
Woodside urges fiscal stability at AGM
28th April 2023 By: Esmarie Iannucci

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,... 


TotalEnergies says Mozambique LNG restart complicated by cost disagreements
28th April 2023 By: Reuters

The restart of TotalEnergies' $20-billion Mozambique liquefied natural gas (LNG) project is being complicated by disagreements with contractors over extra costs, the company said on Thursday. The... 


An image depicting the Virginia gas project
Successful project promotes local gas economy
28th April 2023 By: Sabrina Jardim

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... 


An image depicting a smiling woman, Patience Panashe
Local gas projects support gas economy
28th April 2023 By: Sabrina Jardim

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... 


Mozambique's President says TotalEnergies can safely resume $20bn gas project
26th April 2023 By: Reuters

Mozambique's President Filipe Nyusi on Wednesday said it was safe for TotalEnergies to restart its Cabo Delgado liquefied natural gas (LNG) project that was halted in 2021 following insurgent... 


Image shows a ship in Port Hedland
Resource sales in WA reach record heights
26th April 2023 By: Esmarie Iannucci

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... 


Image shows Australian currency
Report highlights LNG investment potential for treasury
26th April 2023 By: Esmarie Iannucci

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... 


Image shows an LNG plant
Gas Code up for final consultation
26th April 2023 By: Esmarie Iannucci

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... 


The road to cleaner fossil fuels is paved with energy symphony
24th April 2023

South Africa’s reliance on fossil fuels is a given for now, but it is entirely possible to clean up our energy act while transitioning to a carbon-free future. The South African Cleaner Fossil... 


Image shows an LNG tanker
Oil & gas producers facing A$16bn tax bill - Appea
21st April 2023 By: Esmarie Iannucci

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... 


Image shows the Woodside office
Woodside production tumbles in first quarter
21st April 2023 By: Esmarie Iannucci

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... 


Image of an LNG ship docking at the Matola LNG terminal
Matola LNG importation terminal, Mozambique – update
21st April 2023 By: Sheila Barradas

The terminal is expected to receive its first shipments of gas to a permanently moored floating storage regasification unit in Matola harbour by mid-2025. 


Image of South Africa map/flag
Richards Bay liquid bulk terminal, South Africa – update
21st April 2023 By: Sheila Barradas

After carefully considering requests by potential bidders Transnet National Ports Authority has extended its request for proposals deadline for the liquefied natural gas terminal project. 


Image of Virginia gas project
Virginia gas project, South Africa – update
21st April 2023 By: Sheila Barradas

The construction and commissioning of the gas gathering pipeline is complete and in operation. 


CCUS and gas has big role in net zero - study
20th April 2023 By: Esmarie Iannucci

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... 


Image shows rolled up Australian dollars
O'Neill cautions on new taxes
20th April 2023 By: Esmarie Iannucci

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... 


Buru considers LNG for Rafael
18th April 2023 By: Esmarie Iannucci

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... 


TNPA extends time to tender for Richards Bay LNG terminal to July 14
17th April 2023 By: Marleny Arnoldi

After carefully considering requests by potential bidders, Transnet National Ports Authority (TNPA) has extended its request for proposals (RFP) deadline for the liquefied natural gas (LNG)... 


Canada ready to become critical minerals provider - Minister
14th April 2023 By: Reuters

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... 


Image depicting the green hydrogen value chain.
Green hydrogen to positively impact sector
14th April 2023 By: Tracy Hancock

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,... 


LNG has multiple benefits as a transition fuel – CEO
14th April 2023 By: Leah Shelene Asaram

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... 


Aveng warns of operating loss as Philippines LNG project suffers further delays
13th April 2023 By: Schalk Burger

Infrastructure and resources company Aveng's share price on the JSE fell by more than 28% on April 13 after it announced that the underperforming Batangas liquefied natural gas (BLNG) terminal... 


NJ Ayuk – Executive Chairman of the African Energy Chamber
Natural Gas Is Key to Addressing South Africa’s Energy Needs Today and Tomorrow
12th April 2023

By NJ Ayuk – Executive Chairman of the African Energy Chamber Energy woes are synonymous with South Africa right now. 


G7 nations tussle over bid to phase out coal power by 2030
11th April 2023 By: Bloomberg

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 Lassonde plans to buy blocking stake in Teck's Elk Valley - Globe and Mail
11th April 2023 By: Reuters

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... 


KITE — launchpad for manufacturing growth in KZN
4th April 2023

KwaZulu-Natal’s manufacturing sector enjoys a significant share of the South African economy and is the second largest in the country, with nearly a third of manufactured exports being produced... 


Image shows an LNG plant
King takes her finger off ADGSM trigger
4th April 2023 By: Esmarie Iannucci

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... 


Ironveld signs LoI with BurnStar Technologies for hydrogen production
3rd April 2023 By: Tasneem Bulbulia

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... 


Image shows loading docs at Port Hedland
Australian resource exports set for new heights
3rd April 2023 By: Esmarie Iannucci

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... 


Global gas flaring at lowest since 2010 - World Bank
31st March 2023 By: Schalk Burger

Progress in reducing gas flaring resumed in 2022, with gas flared worldwide having decreased by five-billion cubic meters (bcm) to 139 bcm, which is its lowest level since 2010, according to new... 


Image of FLNG tanker
Nearshore floating liquefied natural gas facility project, Malaysia
24th March 2023 By: Sheila Barradas

The project will be the first nearshore floating liquefied natural gas facility in the world. 


LNG exports to hit A$90bn this year
22nd March 2023 By: Esmarie Iannucci

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... 


Image of Australia map/flag
Towrie gas development, Australia
17th March 2023 By: Sheila Barradas

Federal Minister for the Environment and Water Tanya Plibersek approved the gas development in February 2023.  


Image of a Karpowership
Risk Mitigation Independent Power Producer Procurement Programme, South Africa – update
17th March 2023 By: Sheila Barradas

Karpowership SA has decided to address shareholders following the latest blow to its efforts, as the Department of Forestry, Fisheries and the Environment has suspended a secondary... 


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