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Gas cylinders in front of a gas transporting ship
Big guns will speak at Enlit
10th May 2024 By: Halima Frost

Advisory and analytics firm Frost & Sullivan, a global strategy consulting and market intelligence firm with a long-standing presence in Africa will again be represented by its partner and Africa... 


Big Oil finds more to love in deepwater exploration fields
6th May 2024 By: Reuters

As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the US Gulf Coast will take the... 


Image of a refurbished pump from IPR
Pump rebuilds improve operational efficiency
3rd May 2024

Pump services such as servicing, repair, rebuild and refurbishment help boost efficiency and reliability and extend the life of equipment. This is according to IPR operations manager Henru Strydom,... 


Canadian Natural Resources considering major expansion of Horizon oil sands mine
3rd May 2024 By: Reuters

Canada's largest oil and gas producer Canadian Natural Resources is looking at opportunities to significantly increase bitumen output at its main oil sands mine, the company said on Thursday.... 


Canada's long-delayed Trans Mountain oil pipeline starts operations
Canada's long-delayed Trans Mountain oil pipeline starts operations
2nd May 2024 By: Reuters

After 12 years and C$34-billion, Canada's Trans Mountain pipeline expansion project (TMX) began commercial operations on Wednesday, a major milestone expected to transform access to global markets... 


Baker Hughes builds first Namibian mud plant as exploration surges
2nd May 2024 By: Reuters

Energy technology company Baker Hughes will construct a new liquid mud plant, and a separate assembly, maintenance and repair base at Namibia's Walvis Bay to cater to booming offshore exploration... 


Interwaste launches leachate and effluent treatment plant
Interwaste launches leachate and effluent treatment plant
2nd May 2024

Local waste management company Interwaste – a Séché Environnement Group company – has launched its R100-million leachate and effluent treatment plant in Delmas, Mpumalanga. The company describes... 


COP29 climate summit host Azerbaijan defends oil and gas investments
26th April 2024 By: Reuters

Azerbaijan, host of this year's UN climate summit, will defend the right of oil and gas producing nations to invest in the sector, the country's president said on Friday, noting that despite... 


Former Anglo American CEO Mark Cutifani
Anglo’s stumbles have made it prey for mining’s biggest predator
26th April 2024 By: Bloomberg

When former boss Mark Cutifani left Anglo American in mid-April 2022, things had rarely looked better for the century-old miner. Metals prices soared as the world emerged from lockdowns, the... 


Africa has to get involved in carbon markets
25th April 2024 By: Rebecca Campbell

The oil and gas industry is evolving, and has to, highlighted commodities trading and risk management company Ion Commodities VP product strategy Lance Fogtman, in a panel discussion at the 2024... 


Financing African hydrocarbon projects needs a segmented approach
24th April 2024 By: Rebecca Campbell

In an era in which raising finance for major hydrocarbons projects was increasingly challenging, the developers of such projects in Africa should consider segmenting them and separately seeking... 


Woodside investors vote down climate plan, rebuking Australia's top gas producer
Woodside investors vote down climate plan, rebuking Australia's top gas producer
24th April 2024 By: Reuters

Shareholders rejected Woodside Energy's climate plan on Wednesday, marking a symbolic victory for activists who have called for Australia's biggest gas producer to stop new fossil fuel projects,... 


enCore Energy CEO Paul Goranson
enCore CEO balances ambitious production goals with workforce challenges
24th April 2024 By: Mariaan Webb

As US-based uranium miner enCore Energy charts its path towards significantly ramping up production, the company faces a dual challenge of aggressive expansion and ensuring the retention of key... 


TotalEnergies committed to the energy transition, assures company executive
23rd April 2024 By: Rebecca Campbell

French multinational energy group TotalEnergies was committed to the energy transition and has a strategy for this, highlighted the group’s MD and CEO marketing and services and country chair and... 


China can't quit coal by 2040, researchers say, despite global climate goals
China can't quit coal by 2040, researchers say, despite global climate goals
23rd April 2024 By: Reuters

China's coal consumption will fall by just one-third by 2040, according to a report by a European consultancy published on Tuesday, threatening climate targets that call for phasing out much of... 


Sayona Mining raised cash through flow-through shares for its Quebec exploration project
Canada's planned capital gains tax hike may choke mining startups, dealmakers say
23rd April 2024 By: Reuters

Canada's capital gains tax hike for wealthy individuals and corporations in last week's federal budget risks turning away investments from mineral exploration by reducing incentives, the country's... 


Justin Trudeau
Trudeau government urged to walk the talk on Canada's climate policies
18th April 2024 By: Reuters

Canada's federal budget on Tuesday unveiled few emissions-cutting policies, but climate advocates say the key for Justin Trudeau's Liberal government is to prioritise implementation of existing... 


Santos posts fall in quarterly revenue on lower production, volumes
Santos posts fall in quarterly revenue on lower production, volumes
18th April 2024 By: Reuters

Australian oil and gas producer Santos said on Thursday its first-quarter revenue fell about 14%, hurt by lower production across its product portfolio and a decline in volumes in recent months.... 


Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor
South Africa needs 13 GW of gas-to-power capacity – more than the IRP envisions
17th April 2024 By: Darren Parker

Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor has suggested that South Africa needs 13 GW of gas-to-power (GtP) capacity, rather than the 7.2 GW to 8.6 GW... 


Canada unions brace for 2025 labour crunch in oil sands maintenance season
17th April 2024 By: Reuters

Annual maintenance on Canada's oil sands plants is forecast to cause no more disruption than usual this year, but trade union officials are warning of a labour crunch during Alberta's 2025... 


A pipeline under construction in the hills of Appalachia
Canada to give Indigenous groups loan guarantees for resource projects
17th April 2024 By: Reuters

Canada will provide up to C$5-billion in loan guarantees to help Indigenous groups invest in natural resource projects, the Liberal government said in its annual budget on Tuesday. The program... 


Angola national flag
Pensana appoints local expert as Longonjo site manager
15th April 2024 By: Marleny Arnoldi

London-listed rare earths miner Pensana has appointed Benedito Dumbo site manager of the Longonjo rare earths mine, in Angola, ahead of the project’s main construction phase. He has been a mining... 


France wants to revive copper mining and speed up green projects
15th April 2024 By: Bloomberg

France plans measures to revive copper mining and speed up lithium and geothermal energy projects to help reduce dependency on imports and hit climate targets. European countries are trying to... 


Woodside under climate pressure from Australia's pension body
Woodside under climate pressure from Australia's pension body
12th April 2024 By: Bloomberg

Some of Australia’s top pension funds have been advised to oppose Woodside Energy Group’s climate strategy, potentially adding pressure on the energy producer over its approach to emissions. The... 


Image of industrial light towers
Environment-friendly solutions for Southern Africa’s mining sector
11th April 2024

Atlas Copco Power Technique highlights that its move towards environment-friendly products marks the company's commitment to supporting more sustainable practices, reducing carbon emissions, and... 


Santos shareholders re-elect Keith Spence as chair
11th April 2024 By: Reuters

Australia's Santos re-elected Keith Spence as its chair after a majority of shareholders voted in his favour despite unrest over the oil company's inadequate response to climate woes, results of... 


Image of Atlas Copco light towers
Environment-friendly solutions for Southern Africa’s mining sector
10th April 2024

Atlas Copco Power Technique highlights that its move towards environment-friendly products marks the company's commitment to supporting more sustainable practices, reducing carbon emissions, and... 


South African fossil fuel subsidies hit record R118bn in 2023 - IISD
South African fossil fuel subsidies hit record R118bn in 2023 - IISD
10th April 2024 By: Terence Creamer

A new study has found that South Africa's fossil fuel subsidies tripled between 2018 and 2023, rising to R118-billion from R39-billion over the period, with subsidies having been increased largely... 


'Data driven' players help prolong record profits in commodity trading, says McKinsey
8th April 2024 By: Reuters

The growing number of "data-driven" players such as hedge funds in the world of commodity trading has helped sustain record levels of profit, even as the volatility that supercharged earnings in... 


Image of Virginia gas project at night
Virginia gas project, South Africa – update
5th April 2024 By: Sheila Barradas

Renergen has reached the final stages of its helium system integration. 


fossil fuel emissions
88% of global fossil fuel, cement CO2 emissions linked to 117 producers
4th April 2024 By: Darren Parker

A new report, released on April 4 by InfluenceMap using the Carbon Majors database, shows that 88% of global carbon dioxide (CO2) emissions from fossil fuels and cement from 2016 through 2022 can... 


Senegal's newly elected President Bassirou Diomaye Faye
Senegal's new president announces oil, gas and mining sector audit
4th April 2024 By: Reuters

Senegal will conduct an audit of the oil, gas and mining sectors, newly elected President Bassirou Diomaye Faye told the nation in a televised speech on Wednesday, while also reassuring investors... 


Flyability announces industry milestone
Flyability announces industry milestone
29th March 2024

Market leader in confined space drones Flyability has announced a new ultrasonic thickness measurement (UTM) payload for its flagship drone the Elios 3. This payload was developed in partnership... 


Renergen's Virgina plant
Renergen’s helium plant integration nearly complete
28th March 2024 By: Darren Parker

Gas producer Renergen is approaching the final stages of its helium system integration, which will mark a significant step forward in its operations, making South Africa one of only eight countries... 


Oil and gas rig
Enviro groups approach High Court over TotalEnergies Cape coast drilling plans
26th March 2024 By: Marleny Arnoldi

Environmental organisations The Green Connection (TGC) and Natural Justice have submitted an application in the High Court against the environmental authorisation granted to TotalEnergies... 


Woodside completes sale of 10% Scarborough interest
Woodside completes sale of 10% Scarborough interest
26th March 2024 By: Creamer Media Reporter

Oil and gas major Woodside Energy has completed the sale of a 10% nonoperating participating interest in the Scarborough joint venture (JV) to LJ Scarborough (LNG Japan). The company in August... 


African Refiners and Distributors Association conference to focus on infrastructure finance
20th March 2024 By: Schalk Burger

Industry organisation the African Refiners and Distributors Association (ARDA) will host a conference in Cape Town from April 22 to 26 to engage on key industry issues and identify financing... 


Trade, Industry and Competition Minister Ebrahim Patel
64 companies to pledge to procure from black industrialists, says Patel
18th March 2024 By: Darren Parker

During the second Black Industrialists and Exporters Conference to be held later this week, up to 64 large companies are expected to make pledges to procure goods and services from black... 


Petro SA's gas-to-liquids refinery in Mossel Bay
PetroSA confirms no injuries from fire at Mossel Bay refinery
15th March 2024 By: Marleny Arnoldi

State-owned Petroleum Oil and Gas Corporation of South Africa (PetroSA) has confirmed it safely contained and extinguished a fire at its gas-to-liquids refinery in Mossel Bay, with no sustained... 


Methane emissions in the oil and gas industry
Energy industry’s methane emissions near record despite pledges
13th March 2024 By: Bloomberg

Global methane emissions from fossil fuels held near a record high last year, the International Energy Agency (IEA) said in its annual 'Methane Tracker' report, renewing concerns that governments... 


Drilling at the Kachi project area in Argentina
A$20m equity raising for Lake’s Kachi project
12th March 2024 By: Creamer Media Reporter

Australia’s Lake Resources has announced an equity raising of up to A$20-million to provide funding capacity to support the delivery of a strategic partnership process for the Kachi project, in... 


AERIAL VIEW OF THE KACHI PROJECT
Kachi lithium brine project, Argentina – update
8th March 2024 By: Sheila Barradas

Lake Resources has announced further cost reductions to extend its financial flexibility and better position the company to complete a strategic partner selection process for its Kachi project. 


UBS ditches Credit Suisse plan to phase out coal financing
7th March 2024 By: Bloomberg

UBS Group is set to scrap a planned phaseout of coal financing that Credit Suisse had backed, as the global wealth manager prepares to unveil how the merged bank will tackle climate change. After... 


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Magazine round up | 10 May 2024
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