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Topic - East Coast
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Feb 08, 2016
The Australian Pipeline and Gas Association (APGA) has welcomed the findings from a new report by the Department of Industry, Innovation and Science, which reveal that natural gas is the largest provider of stationary energy in Australia. In the ‘Energy In Australia...
Feb 05, 2016
Hanjin Shipping India Pvt Ltd, the South Korean shipping conglomerate, made its maiden call at KPCT on 1st February, 2016. Vessel MV Hanjin Florida had exchanged 553 TEU out of which 109 TEU are imports and 444 TEU are exports. Krishnapatnam Port Container Terminal,...
Feb 05, 2016
DOING DEALS AND TAKING NAMES The Africa Energy Indaba is a great place to liaise with potential clients and create new partnerships
Africa Energy Indaba (AEI) MD Liz Hart says the value of attending the eighth yearly AEI is that industry stakeholders will meet the right people who can decide on energy transactions and implement them.
Jan 22, 2016
US oil major Chevron said on Thursday it plans to sell 75% of its South African business unit which includes a 110 000 bbl/d refinery in Cape Town. Chevron is a leading refiner and marketer of petroleum products in South Africa, the most industrialised economy in...
Jan 19, 2016
Canada’s largest potash producer Potash Corporation of Saskatchewan on Tuesday announced that it would immediately close its Picadilly, New Brunswick potash operations, citing a challenging macroeconomic backdrop. The suspension would make between 420 and 430 jobs...
Jan 15, 2016
The project involves the construction of 622 km, 14" pipeline between Tennant Creek, in the Northern Territory, and Mount Isa.
Jan 04, 2016
Australia’s resources and energy commodity export earnings are forecast to decline by 4% in 2015/16 to A$166-billion, owing to weaker commodity prices. Department of Industry, Innovation and Science chief economist Mark Cully said in the December issue of the...
Dec 08, 2015
Copper miner Hillgrove Resources has inked a formal partnership with the South Australian government, which would see the company relocating its corporate office from Sydney to Adelaide. The move was in recognition of the low mining tax and cost environment offered...
Dec 04, 2015
Dec 03, 2015
Dec 03, 2015
Nov 17, 2015
 
 
 
Nov 17, 2015
The Northern Territory government has selected Jemena Northern Gas Pipeline to build and operate the North East Gas Interconnector (NEGI) pipeline to connect the state’s gas resources to eastern gas markets. The 622 km pipeline, which will run between Tennant Creek...
Sep 17, 2015
Early indications from the Australian Competition and Consumer Commission’s (ACCCs) inquiry into the East Coast gas market has indicated that the arrival of major liquefied natural gas (LNG) projects has likely upended the market permanently. The ACCC East Coast gas...
Sep 04, 2015
Japanese electrical engineering and software company Yokogawa China has received an order from Chinese oil and gas company PetroChina Yunnan Petrochemical to deliver control systems for an oil refinery that is being built in China’s Yunnan province. The first stage...
Aug 26, 2015
The development of shale and tight gas resources in the Northern Territory could add a combined A$22.4-billion to the state’s economy over 20 years and create an additional 6 300 jobs by 2040, a new report has revealed. The report, compiled by advisory firm Deloitte...
Aug 12, 2015
Following a strategic review, Australian oil and gas producer Beach Energy has taken the decision to focus its efforts on Australia’s east coast, flagging the sale of its international assets. The company in June announced its exit from Romania and, earlier this...
Aug 10, 2015
Outside of dealing with the negative copper market, the biggest challenge for East Coast-focused Rambler Metals & Mining in general was to secure working capital financing, CEO and president Norman Williams told Mining Weekly Online in a recent interview. Rambler had...
Jul 24, 2015
Diamond mining giant De Beers on Friday said that, despite a challenging first half, it still achieved a solid operating performance. However, its underlying earnings before interest and taxes (Ebit) decreased by 25% to $576-million for the six months ended June,...
Jul 24, 2015
EXUDING LUXURY Local model Genevieve Morton presents one of Maserati’s models in a recent relaunch of the luxury motor manufacturer's brochures
Italian luxury vehicle manufacturer Maserati has appointed top South African model Genevieve Morton to present its model range in the company’s 2015 brochures and to feature in a worldwide social media campaign.
Jul 14, 2015
• Power interconnection beneath the North Sea will enable Norway and UK to share up to 1400 MW of green energy from 2021 onwards • Statnett SF and National Grid has awarded Nexans a contract valued at around Euros 340 million to deliver the subsea cable on the...
Jul 13, 2015
If Durban wins the bid to host the 2022 Commonwealth Games, the city’s economy could expect an inflow of about R25-billion, with positive knock-on effects from 220 000 visitors extending way beyond the East Coast, bid committee CEO Mark Alexander says. However,...
 
 
 
 
Jul 08, 2015
Diversified miner BHP Billiton has warned that a gas reservation policy in the East Coast of Australia could be detrimental to market dynamics. In a submission to the Australian Competition and Consumer Commission (ACCC), BHP acknowledged that there were significant...
Jun 05, 2015
ASX-listed Central Petroleum would acquire a 50% interest in the Mereenie oil and gas field, in the Northern Territory, for A$45-million. Under the terms of the agreement, Central would also free-carry Santos under a A$10-million works programme prior to the...
Jun 05, 2015
The Australian Competition and Consumer Commission (ACCC) has called for submissions on its inquiry into the East Coast gas market. The ACCC East Coast Gas inquiry would consider the competitiveness of wholesale gas prices and the structure of the upstream,...
Jun 05, 2015
The prices of some of Australia’s largest export commodities have fallen dramatically in the last year, dumping the country’s iron-ore and coal sectors into unprecedented doldrums. On the west coast of Australia, the iron-ore sector has been subjected to infighting,...
Jun 04, 2015
ASX-listed gas infrastructure group APA Group on Wednesday completed the $4.6-billion buy of the Queensland Curtis liquefied natural gas (QCLNG) pipeline from project developer BG Group. The pipeline was renamed the Wallumbilla Gladstone pipeline.
Jun 01, 2015
The east coast of Australia is facing a 133 PJ gas shortfall by 2019, energy economics group EnergyQuest said over the weekend, slamming the Australian Energy Market Operator’s (AEMO’s) latest 2015 Gas Statement of Opportunities (GSOO) forecast. EnergyQuest said the...
Apr 24, 2015
The Block Island wind farm will be the first offshore development in the US.
Apr 13, 2015
The Australian Petroleum Production & Exploration Association (Appea) said on Monday that the Australian Energy Market Operator’s ‘2015 Gas Statement of Opportunities (GSOO)’ report highlighted the need for more investment in gas projects. The GSOO report, which was...
Mar 16, 2015
The first of the two new production wells at the BassGas joint venture (JV), in Victoria, has been spudded, operator Origin Energy reported on Monday. The Yolla 5 and Yolla 6 wells were being drilled as part of Stage 2 of the BassGas mid-life enhancement project,...
Mar 11, 2015
While delivering record gas and petroleum production in 2015, Australia’s energy sector was facing a challenging 2015 with a lower oil price environment and uncertainty over gas pricing on the east coast, market analyst EnergyQuest reported this week. EnergyQuest...
 
 
 
 
Feb 23, 2015
The Queensland and New South Wales coal industries delivered more than A$66-billion to the local economies and supported 381 000 jobs in 2013/14, new data has revealed. The Queensland Resources Council (QRC) pointed out on Monday that coal miners spent about...
Feb 20, 2015
Unconventional reserves, unlike cheap conventional sources, remain vulnerable to market conditions, technology and geological characteristics. Transplanting from one country condition to another will always remain a challenge, given the different conditions that...
Feb 13, 2015
Until the 1940s, coloured gemstones and diamonds shared a stake of about 50:50 in the global jewellery market, and from that time diamond miner De Beers undertook an aggressive marketing campaign that resulted in the value and popularity of diamonds significantly...
Jan 16, 2015
Yokogawa China, has received an order from PetroChina Yunnan Petrochemical Co., Ltd.* to deliver control systems for an oil refinery that is being built in China’s Yunnan Province. With an annual output of 10 million tons, this will be one of the largest refineries...
Jan 16, 2015
Miners are in for a volatile year in 2015, as the industry faces price volatility, geopolitical turmoil, rising costs and declining grades, advisory firm Deloitte has warned. However, in its 'Tracking the Trends 2015' report, Deloitte noted that evidence of recovery...
Jan 16, 2015
Traders are shipping West African crude to the US to store the oil until prices recover, as the global glut forces them to source any tanks available and as seaborne cargoes are able to compete better on price with US crude. Oil firms including Swiss-based Glencore,...
Jan 13, 2015
Revenue from the coal seam gas (CSG) industry in Australia has been flagged to grow about 148% during 2015, industry researcher IBISWorld reported this week. In 2014, the CSG industry accounted for revenues of A$737.9-million; however, IBISWorld predicted that this...
Jan 06, 2015
Softer commodity prices were expected to have a significant impact on Australia’s resource and energy commodity export earnings in 2015. The Department of Industry, which now incorporates the Bureau of Resources and Energy Economics (BREE), expects export earnings...
Dec 15, 2014
Energy analyst EnergyQuest has warned state governments from investing in the proposed gas pipeline which would connect the Northern Territory to markets on the east coast of Australia, saying that it would hinder private investment. In November this year, the...
Dec 10, 2014
ASX-listed gas infrastructure giant APA Group has purchased the Queensland Curtis liquefied natural gas (QCLNG) pipeline from the BG Group for $5-billion. The QCLNG project would deliver about 8.5-million tonnes a year of capacity, with the Phase 1 project budgeted...
 
 
 
 
Dec 02, 2014
Queensland Premier Campbell Newman used the opening of a A$200-million micro-liquefied natural gas (LNG) plant to launch the state’s new fuels and energy strategy. The Premier revealed that some A$500-million would be made available to energy companies through an...
Oct 24, 2014
Softer commodity prices would result in a 1.4% decrease to Australia’s mineral and export commodity earnings during 2015, the Bureau of Resources and Energy Economics (BREE) reported on Friday. During 2014/15, mineral and energy commodity export earnings would fall...
Oct 10, 2014
Following a tragic accident in which joint-venture firm Minera y Metalurgica del Boleo (MMB) lost its COO in a flash flood associated with hurricane Odile, which struck the West Pacific seaboard off Mexico and the US last month, the company, comprising a consortium...
Aug 27, 2014
Interest in oil and gas exploration off South Africa’s coast has, in the past four years, accelerated to such an extent that nearly all the country’s offshore exploration blocks are under licence or under application for exploration by independent companies,...
Aug 12, 2014
The Italeni grab hopper dredger
Transnet National Ports Authority (TNPA) Dredging Services has officially launched its new R1-billion dredger, the Italeni, in Durban. It is one of three dredgers in the TNPA’s R2-billion programme to renew its dredging fleet, which handles about four-million cubic...
 
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