R/€ = 16.11 Change: -0.08
R/$ = 14.50 Change: -0.12
Au 1279.38 $/oz Change: 6.28
Pt 797.77 $/oz Change: -11.63


South Africa urged to use seasonal advantage to secure lower LNG prices from Mozambique 

By: Terence Creamer     13th May 2019 South Africa is failing to fully grasp the energy and economic significance of the impending development of the enormous gas reserves discovered in northern Mozambique since 2010, Standard Bank oil and gas specialist Paul Eardley-Taylor argues. Between 150- to 200-trillion cubic feet of gas has... 

Anadarko says to supply Mozambique LNG to Japan's JERA, Taiwan's CPC 

By: Reuters     13th May 2019 Anadarko Petroleum said on Monday that a unit it jointly owns which markets gas from Mozambique has signed a long-term deal to supply liquefied natural gas to Japan's JERA and Taiwan's CPC. This is its first long-term deal to be announced since the US independent energy group said late last week... 

Miners delivered 23% of WA's revenues

By: Esmarie Iannucci     9th May 2019 The Western Australian resources sector has contributed more than A$7.23-billion in royalties and grants, contributing to the state government declaring an operating surplus of A$553-million for 2018-19. Western Australian Treasurer Ben Wyatt has predicted an operating surplus of A$1.5-billion... 

Santos inks more Narrabri supply MoUs

By: Esmarie Iannucci     9th May 2019 Australian oil and gas major Santos has inked additional nonbinding memoranda of understanding (MoU) for gas supply from its proposed Narrabri gas project, in New South Wales. Under the proposed transactions, Santos would supply building material manufacturer Brickworks with up to 3 PJ/y of... 

Coal exports continue to drive Qld economy

By: Esmarie Iannucci     8th May 2019 Coal has continued to drive exports in Queensland, with the state government this week reporting an increase of 18.4% in the value of exports, which reached A$84.3-billion in the 12 months to March. “Yet again the value of Queensland’s merchandise exports over the year are larger than NSW and... 

Total to buy Anadarko’s Africa assets for $8.8bn if Occidental bid succeeds 

By: Simone Liedtke     6th May 2019 French integrated oil and gas company Total has reached a binding agreement with Occidental Petroleum to acquire Anadarko’s assets in Africa for $8.8-billion in the event of the successful completion of Occidental’s takeover bid for Anadarko. The transaction hinges on Occidental entering into and... 

Free State natural gas project, South Africa

By: Sheila Barradas     3rd May 2019 Renergen has, ahead of its planned listing on the ASX this month, announced a further increase in reserves at its subsidiary Tetra4’s Virginia project. 

Origin's revenue soars on higher oil price

By: Esmarie Iannucci     30th April 2019 Energy major Origin Energy has seen a 53% jump in its liquefied natural gas (LNG) revenues in the three months to March, compared with the previous corresponding period, driven by higher oil prices. Origin reported production of 63.3 PJ of LNG from its 37.5% share in the Australia Pacific LNG... 

Petronet applies to construct new LNG terminal

By: Ajoy K Das     30th April 2019 ndia’s Petronet LNG Limited has proposed constructing a liquefied natural gas (LNG) floating storage regasification unit (FSRU) in Andaman and Nicobar Islands. It has submitted an application to sector regulator Petroleum and Natural Gas regulatory Board (PNGRB), proposing the establishment of... 

NSW backs A$250m Port Kembla LNG project

By: Esmarie Iannucci     29th April 2019 The New South Wales government has backed plans for the development of the A$250-million Port Kembla gas terminal being developed by the Australian Industrial Energy (AIE) consortium. The proposed terminal will have the ability to supply more than 100 PJ/y of liquefied natural gas (LNG),... 

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