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Kincora gas project, Australia

By: Sheila Barradas     28th April 2017 The project will supply gas to the east coast market. 

Appea warns on new oil and gas taxes

By: Esmarie Swanepoel     27th April 2017 New research by advisory firm Wood Mackenzie (Woodmac) has warned that any additional taxes on the Australian oil and gas industry could inflict significant damages. Undertaken on behalf of the Australian Petroleum Production & Exploration Association (Appea), the report confirms that the new... 

Australia puts gas export controls in place

By: Esmarie Swanepoel     27th April 2017 The Australian Petroleum Production and Exploration Association (Appea) has warned that the gas export controls announced by the federal government were short-term, and posed the risk of exacerbating tight market conditions unless accompanied by genuine reforms. The federal government on... 

Gas still the answer – Appea

By: Esmarie Swanepoel     20th April 2017 The Australian Petroleum Production and Exploration Association (Appea) has slammed a new report by the Climate Council that claimed more gas production will result in higher electricity prices and pollution. In its report 'Pollution and Price: the Cost of Investing in Gas', the Climate Council... 

Queensland’s Lynham pitches pipelines funding proposal to federal govt

By: Esmarie Swanepoel     18th April 2017 The Queensland government has placed a proposal before the federal government seeking funding for new gas pipelines in exchange for Queensland gas resources. Natural Resources and Mines Minister Dr Anthony Lynham over the weekend said that the package of initiatives was aimed at tackling the... 

Cyclone wreckage lays bare met coal's top exporter weak link

By: Bloomberg     13th April 2017 Two weeks after a cyclone tore through Australia’s biggest metallurgical coal mining basin, the industry is still reeling. The outages are a flashback to deluges in 2008 and 2010-11, which forced miners in the world’s largest exporter of the steel-making commodity to update operations with... 

Shell Australia moves to help ease domestic gas supply constraints

By: Esmarie Swanepoel     6th April 2017 The Australian Petroleum Production and Exploration Association (Appea) has welcomed news from major Shell Australia that its QGC joint venture (JV) has signed two new gas sales agreements with domestic customers, saying that it was a clear demonstration that the Queensland gas industry was doing... 

Leigh Creek raises funds for ISG demo facility

By: Esmarie Swanepoel     30th March 2017 ASX-listed Leigh Creek Energy has announced a A$21.85-million capital raise to fund its precommercial in-situ gasification (ISG) demonstration facility at its Leigh Creek project, in South Australia. The company on Thursday told shareholders that it would place some 150-million shares at a price... 

Qld welcomes further investment in Surat basin

By: Esmarie Swanepoel     21st March 2017 The Queensland government has welcomed an announcement by oil and gas major Shell that the QGC joint venture (JV) would drill an additional 161 wells to expand operations in the Surat basin. Shell Australia on Tuesday said that the move would enable further supply to both domestic customers and... 

Somali pirates release hostages, warn of further attacks

By: African News Agency      17th March 2017 The first hijacking off Somalia’s coast in five years has concluded with eight crew members of a Sri Lankan oil tanker released without the payment of a ransom, three days after they were kidnapped. Despite this incident ending relatively successfully locals from the country’s fishing community... 

Senex deal gets FIRB nod

By: Esmarie Swanepoel     17th March 2017 The Foreign Investment Review Board (FIRB) has approved a strategic investment by EIG Global Energy Partners in ASX-listed Senex Energy. Senex in February announced that it would raise A$55-million through a share placement to EIG, under which 146-million shares would be issued at a price of... 

Turnbull, east coast gas providers agree plan to ensure cheaper, reliable energy

By: Esmarie Swanepoel     16th March 2017 Prime Minister Malcolm Turnbull has met with east coast gas providers to formulate a plan to help deliver cheaper and more reliable energy. A series of measures have been developed and all participants have agreed to ongoing work to deliver on the targets that have been set out. 

South Australia to ‘put people first’ with A$550m energy security plan

By: Esmarie Swanepoel     14th March 2017 The South Australian government has announced a A$550-million plan to improve energy security and boost competition in the state’s energy sector, following state-wide blackouts last year. South Australia suffered state-wide blackouts after a severe storm knocked over transmission towers in... 

Senex starts A$15m driling campaign

By: Esmarie Swanepoel     14th March 2017 ASX-listed Senex Energy has started a A$15-million drilling campaign at its Silver Star-1 gas exploration well, in the South Australian Cooper basin. MD and CEO Ian Davies said on Tuesday that the drilling programme reflected the continued commitment to onshore gas exploration, and to building... 

Turnbull concerned by impending Australia gas supply cliff

By: Esmarie Swanepoel     9th March 2017 Australian Prime Minster Malcolm Turnbull on Thursday said warnings of potential shortfalls in gas were “very concerning”, and called on the CEOs of east coast gas companies to address the threat to customers. Turnbull’s comments come after the Australian Energy Market Operator (AEMO) released a... 

Armour to start supply of gas to APLNG by June

By: Megan van Wyngaardt     6th March 2017 ASX-listed Armour Energy has entered into a connection agreement with APA Group, giving the company access to the Roma-Brisbane pipeline at Wallumbilla, which will allow it to supply gas to Australia Pacific Liquefied Natural Gas (APLNG). Under a ten-year contract with APA, a key gas transport... 

South Aus Energy Minister decries PM’s comments on renewables, coal 

By: Esmarie Swanepoel     3rd February 2017 South Australia’s state Energy Minister Tom Koutsantonis has lashed out at Prime Minister Malcolm Turnbull’s clean coal aspirations, saying his statements have no basis in reality. Turnbull earlier this week advocated the use of clean coal technology in Australia, saying the current... 

Senex raises A$55m as it pursues east coast gas opportunities

By: Esmarie Swanepoel     3rd February 2017 The Queensland government has welcomed the A$45.9-million investment from energy investor EIG Global Energy Partners into ASX-listed Senex Energy. Senex this week announced that it has raised A$55-million through a share placement to EIG and other institutional and sophisticated investors. 

Santos lodges application, EIS for NSW gas project

By: Esmarie Swanepoel     1st February 2017 Oil and gas major Santos has submitted a development application and environmental-impact statement (EIS) for its Narrabri gas project to the New South Wales government. Santos MD and CEO Kevin Gallagher said on Wednesday that the company had spent time producing a comprehensive EIS so the local... 

Liquid Sea submarine cable project, South Africa to the Middle East

By: Sheila Barradas     9th December 2016 The new submarine cable will directly connect all countries along the east coast of Africa and provide new connectivity for the Middle East and Europe.  

Coordinated planning approach ‘imperative’ to Australia’s energy future - AEMO

By: Esmarie Swanepoel     8th December 2016 The Australian Energy Market Operator (AEMO) has again highlighted the need for urgent policy reform to secure the nation’s energy future. In its latest National Gas Forecasting Report (NGFR), the AEMO warned of uncertainties and challenges, which will complicate gas demand forecasts for eastern... 

Victoria needs more gas – EnergyQuest

     5th December 2016 New data from energy market analyst EnergyQuest has revealed that Victoria will need substantially more gas to provide long-term electricity supply. In its latest 'EnergyQuarterly', EnergyQuest noted on Monday that the state had less than a decade to get its gas supply in order, after data... 

SA needs to get out of its petrochemicals cul-de-sac

     2nd December 2016 In this article, Dr Rod Crompton makes the case of more refinery capacity in South Africa, which could provide competitively priced transport fuels and feedstocks for petrochemical factories that can compete with Sasol 

Australian LNG export hits 22-month high

By: Esmarie Swanepoel     14th November 2016 Australia’s monthly liquefied natural gas (LNG) exports have climbed to record highs during October, with values reaching A$1.75-billion, energy market analyst EnergyQuest has revealed. This was the best performance in 22 months. 

Savannah establishes initial resource at Mutamba, now eyes scoping study

By: Megan van Wyngaardt     8th November 2016 Aim-listed Savannah Resources has declared an initial resource estimation of 3.5-billion tonnes at 3.8% total heavy minerals for two of the four deposits at its Mutamba project, in Mozambique. Of this resource estimate, 81-million tonnes comprised ilmenite, 2.2-million tonnes contains rutile and... 

SAP opens new co-innovation lab to bolster relevant innovation 

By: Natasha Odendaal     26th October 2016 South Africa has become home to enterprise application software firm SAP’s seventh Co-Innovation Lab, or ‘Coil’, aimed at promoting innovative, locally relevant solutions through the unification of different ideas, tools and technology. The new lab, ceremoniously opened in Sandton, on Wednesday,... 

Australia pipeline king fights questions on monopoly prices

By: Bloomberg     21st October 2016 After a decade of unrivaled expansion, Australia’s largest gas-pipeline owner is facing growing pains. Complaints from industrial gas users, frustrated by supply shortages and hefty price spikes following the start of Queensland’s liquefied natural gas export plants, sparked a regulatory review... 

Coal, iron-ore price spikes to boost Australia’s commodity export earnings

By: Esmarie Swanepoel     7th October 2016 Australia’s resources and energy commodity export earnings are forecast to increase to A$176-billion in 2016/17, up 12% from an estimated A$157-billion in 2015/16. In its latest Resources and Energy Quarterly, the Department of Industry, Innovation and Science shows that spikes in metallurgical... 

Gas will help get right balance in energy mix, says government 

By: Kim Cloete     4th October 2016 The Department of Energy (DoE) says it is committed to finding the right balance between different sources of energy with liquefied natural gas (LNG)-to-power a vital part of the mix.   DoE director-general Thabane Zulu told the South Africa: Gas Options conference that while gas and renewables... 

ACCC urges gas development in NT

By: Esmarie Swanepoel     16th September 2016 The Australian Competition and Consumer Commission (ACCC) has urged the Northern Territory government to duly consider its onshore gas development strategy. ACCC chairperson Rod Sims said at the South East Asia Australia Offshore & Onshore Conference that the Northern Territory had the... 

APLNG gains greater access to eastern market

By: Esmarie Swanepoel     6th September 2016 Australia Pacific Liquefied Natural Gas (APLNG) has signed a 20-year gas transportation agreement with infrastructure provider APA Group, which will give it greater access to the domestic east coast gas market. Under the terms of the agreement, APA will build an A$80-million, 50 km bidirectional... 

Floating dry dock could lead to further docking opportunities in Durban

By: Shirley le Guern     5th September 2016 Dormac Marine’s R300-million investment in its Dormac Dock 1 floating dry dock will position the Dormac shipyard as a centre of excellence for the ship repair industry and serve as a stimulus for additional investment and docking opportunities in Durban, said Trade and Industry Minister Dr Rob... 

Healthy oceans essential for combating poverty

By: African News Agency      2nd September 2016 Addressing an African ministerial conference, the head of the United Nations agricultural agency on Thursday stressed the need to mitigate the impacts of climate change and illegal fishing on oceans and coastal communities as fisheries and aquaculture emerge as driving forces behind the... 

Santos flags $1bn Gladstone LNG charge on gas supply

By: Bloomberg     15th August 2016 antos will take a $1.05-billion writedown on its Gladstone LNG project due to rising prices for third-party gas supplies and slower-than-expected ramp up of its own equity output to feed the export project. The non-cash charge on the liquefied natural gas (LNG) development in Queensland, which... 

Wollongong Coal awards coal haulage contract

By: Megan van Wyngaardt     15th August 2016 ASX-listed Wollongong Coal has awarded a 800 000 t/y run-of-mine coal haulage contract to rail freight company Aurizon. Aurizon will transport coal from Wollongong’s Wongawilli colliery, in New South Wales, to the Port Kembla coal terminal on the east coast of the state. The contract will run... 

Transformer refurbishment benefits port terminal

     29th July 2016 Medium to low voltage transformers are the final, crucial link in transmitting power from the National Grid to the functional equipment, so the impact on a business of a transformer failure can be very significant. Sulzer was recently contracted to complete a refurbishment after the client was... 

Australian LNG exports surge 18% to 3.6Mt in June – report

By: Creamer Media Reporter      12th July 2016 Combined exports from Australia’s three liquefied natural gas (LNG) hubs surged 18.5% in June as the country’s LNG plants continued to add to global energy supplies. Total June output climbed to 3.6-million tonnes – an increase of 560 000 t over the May total – with strong contributions from... 

Davies outlines agricultural benefits from new EU trade deal

By: Terence Creamer     17th June 2016 South Africa is “satisfied” that the recently signed Economic Partnership Agreement with the European Union (EU) will lead to improved market access for some additional South African agricultural products, Trade and Industry Minister Dr Rob Davies said at the weekend, reporting that Cabinet had,... 

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