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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...
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...
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....
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.
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.
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,...
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...
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...
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...
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,...
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...
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...
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 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...
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...
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...
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...
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...
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...
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...
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.
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.
The construction and commissioning of the gas gathering pipeline is complete and in operation.
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...
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...
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...
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 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...
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,...
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...
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...
By NJ Ayuk – Executive Chairman of the African Energy Chamber Energy woes are synonymous with South Africa right now.
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 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...
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...
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...
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...
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...
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...
The project will be the first nearshore floating liquefied natural gas facility in the world.
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...
Federal Minister for the Environment and Water Tanya Plibersek approved the gas development in February 2023.
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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