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Natural Gas: Fuelling the Future

15th February 2019 Natural gas is a colourless and odourless fuel source that is formed deep beneath the earth's surface, it contains many different compounds, primarily methane. Although considered a simplistic fuel source, it provides consistent and dependable energy. When effectively burnt, Natural Gas is highly... 

Renewable grids present investment opportunity

By: Paige Müller     15th February 2019 The recent trend towards the development of renewable energy, including those based on smart grids and microgrids in Africa, has encouraged the establishment of a new renewable energy equity fund. With the Africa Energy Indaba set to take place from February 19 to 20 at the Sandton Convention... 

Cimic wins A$90m APLNG contract

By: Esmarie Iannucci     12th February 2019 Project house Cimic has been awarded a A$90-million gas gathering and infrastructure works contract from the Australian Pacific liquefied natural gas (APLNG) project, in the Surat Basin, in Queensland. The contract is expected to deliver more than 300 coal seam gas wells over a two-year period,... 

Annova LNG Brownsville project, US

By: Sheila Barradas     8th February 2019 The project aims to build and operate a six-million-tonne-a-year liquefied natural gas terminal to liquefy and export natural gas. 

Energy megaprojects on South Africa's radar as utility falters

By: Bloomberg     5th February 2019 South Africa is looking to spend-billions of rand to secure energy from megaprojects on the continent at a time when state power utility Eskom is broke and struggling to supply enough electricity. The government has signaled a willingness to buy 5 000 MW of power from a planned $18-billion... 

Centrica, Tokyo Gas sign deal to buy LNG from Mozambique

By: Reuters     5th February 2019 British energy supplier Centrica and Tokyo Gas have agreed to jointly buy 2.6-million tonnes of liquefied natural gas (LNG) a year from Mozambique LNG Company, the firms said on Tuesday. Centrica LNG Company, a subsidiary of Centrica, and the Japanese energy company said the LNG would be... 

Anadarko signs long-term deal with CNOOC for Mozambique gas

By: Reuters     1st February 2019 Anadarko Petroleum Corp said on Friday a long-term agreement had been signed with the trading division of China's state-owned offshore oil and gas producer CNOOC to supply liquefied natural gas (LNG) from Mozambique. The deal will bring it one step closer to making a final investment decision for... 

Buses using natural gas to curb fuel costs

By: Halima Frost     1st February 2019 Since the initial introduction of natural gas vehicles (NGV) in South Africa, natural gas supplier CNG Holdings has successfully converted about 180 dual-fuel compressed natural gas- (CNG-) run buses for the City of Johannesburg (CoJ). This makes Johannesburg one of the first cities in... 

Hydrogen energy facility, New Zealand

By: Sheila Barradas     1st February 2019 The project entails the construction of the first hydrogen production and refuelling facility at the Ports of Auckland's Waitematã port. 

Steam Generation in talks to expand on boiler distribution

By: Thabi Madiba     25th January 2019 Heat and energy generation equipment provider Steam Generation Africa says it is in talks with a small- to mid-range biomass boiler manufacturer to distribute into the South African and African markets this year. Owing to biomass being readily available and the possibility to produce it as a... 

Santos books Q4 revenue of A$1bn

By: Esmarie Iannucci     24th January 2019 Oil and gas major Santos has reported record sales revenue for the three months to December, on the back of a 6% increase in production. Sales revenue during the December quarter reached more than A$1-billion, up 7% on the previous quarter, with Santos also reporting record quarterly liquefied... 

Gold, copper prices to rebound in 2019 – Fitch Solutions

By: Nadine James     23rd January 2019 Increased economic uncertainty and declining metal stocks are expected to drive gold and copper prices this year, Fitch Solutions commodities analyst Sabrin Chowdhury stated during a webcast on Wednesday. She noted that the expected rebound in gold was “already playing out” and that the price... 

Miners welcome Labour’s A$1bn hydrogen strategy

By: Esmarie Iannucci     23rd January 2019 The resources sector has welcomed the federal opposition’s A$1-billion hydrogen strategy, to fund hydrogen research and commercial development. Labour’s plan will see A$1-billion in funding from the Clean Energy Finance Corporation go towards supporting clean hydrogen development, with up to... 

Sheffield secures LNG for Thunderbird

By: Esmarie Iannucci     22nd January 2019 Mineral sands miner Sheffield Resources has struck a liquefied natural gas (LNG) supply agreement with ASX-listed Woodside Energy and Energy Developments (EDL) at is Thunderbird project, in Western Australia. The 15-year supply agreement will see Woodside and EDL deliver 1 950 TJ/y of LNG to the... 

How the cargo ship industry is cleaning up its filthy act

By: Bloomberg     18th January 2019 Air pollution from cars and factories has been regulated in much of the world since the 1970s. When it comes to the smoke-belching ships that carry global trade, the rules have been a lot looser. Big changes start next January, though, when long-debated standards from the International Maritime... 

India mulls bringing natural gas under single unified tax regime

By: Ajoy K Das     18th January 2019 The Indian government has initiated moves to bring natural gas under the purview of Goods and Service Tax (GST) offering succor to a large number of gas-based power plants stranded by high-priced fuel. A Parliamentary committee on energy has batted in favour of including natural gas in the... 

Woodside Q4 revenue jumps 43%

By: Esmarie Iannucci     17th January 2019 Australian oil and gas major Woodside has reported a 43% increase in sales revenue for the fourth quarter of 2018, compared with the previous corresponding period, and a 10% increase in production. Woodside on Thursday reported that production during the three months to December had reached... 

Talks under way to build new gas pipeline to Egypt, Israel says

By: Bloomberg     16th January 2019 Talks are in progress to build a new underwater gas pipeline between Israel and Egypt, part of efforts to transform the eastern Mediterranean into an energy export hub on Europe’s doorstep, Israeli Energy Minister Yuval Steinitz said. Israeli gas stocks rose. Construction could begin as early as... 

Foreign investors eye stake in IOC’s LNG terminal to be commissioned this month

By: Ajoy K Das     14th January 2019 Indian Oil Corporation (IOC), the country’s largest oil refiner-marketer, will be willing to offer strategic equity stake to overseas investors in its liquefied natural gas (LNG) terminal ready for commissioning at the end of this month. IOC in a statement said that construction of the LNG... 

Santos extends Beach/Senex agreements

By: Esmarie Iannucci     10th January 2019 Australian oil and gas major Santos has extended its gas processing agreement with ASX-listed Beach Energy and Senex Energy. The gas processing agreement extensions are expected to result in the production of up to 18 TJ of sales gas per day, or 20 PJ over the three-year term. 

Qld exports reach record levels

By: Esmarie Iannucci     9th January 2019 New data by the Queensland government has revealed that the resources industry had increased exports to A$65.6-billion, or some 81% of the state’s total merchandise exports, during the 12 months to November last year. Queensland posted a record A$80.5-billion in exports during that period, with... 

Qld LNG exports reach new heights

By: Esmarie Iannucci     8th January 2019 Liquefied natural gas (LNG) exports through the Port of Gladstone reached a record 20.58-million tonnes in 2018, the Queensland Resources Council (QRC) has revealed, reaffirming the sector’s importance to the Queensland economy. QRC CEO Ian Macfarlane said the data released by Gladstone Ports... 

Australia warns of 'double whammy' risks to commodities outlook

By: Bloomberg     21st December 2018 Commodities are at risk from a “double whammy” of rising trade tensions and a substantial slowdown in global growth, the Australian government warned, as increasing uncertainty threatens to hinder record exports from the raw materials powerhouse. While Australia’s resources and energy shipments... 

Alcoa signs up more gas in WA

By: Esmarie Iannucci     12th December 2018 Aluminium major Alcoa has secured three new gas supply agreements that would supply 25% of the company’s Western Australian gas requirements from 2020. Alcoa has struck agreements with providers BHP, Woodside and Chevron, and coupled with existing supply contracts with Santos and Quadrant... 

Radebe hints at possible Saudi investment to boost South Africa's oil refining capacity

By: Kim Cloete     7th November 2018 Energy Minister Jeff Radebe has called for a collaborative approach to attract investment in oil refining hubs throughout the continent and has hinted that Saudi Arabian investment in refining capacity in South Africa may soon become a reality. “In South Africa we believe the time has come for an... 

Natural gas cheaper than soaring diesel, petrol, says NGV Gas  

By: Irma Venter     30th October 2018 When compared with petrol, diesel and liquefied petroleum gas, compressed natural gas (CNG) is the most economic transport fuel, believes CNG group sales and marketing manager Wayne Williams. “On 26 September, natural gas was R7.10c cheaper than a litre of 95 octane petrol in Johannesburg,” he... 

Mining still booming in Oz - ABS

By: Esmarie Iannucci     26th October 2018 The Australian economy reached over A$1.8-trillion in 2017/18, reflecting a 2.8% increase, new data by the Australian Bureau of Statistics (ABS) said. “Australia has now recorded its 27th consecutive year of economic growth and is performing above the 10 year average growth of 2.6%,” said ABS... 

Ichthys ships first LNG to Japan

By: Esmarie Iannucci     23rd October 2018 The Ichthys liquefied natural gas (LNG) has shipped its first LNG from its onshore gas liquefaction plant in Darwin, in the Northern Territory. Operator Inpex on Tuesday said that the first shipment of LNG was destined for the Inpex-operated Naoetsu LNG terminal in Japan, and followed the first... 

Saoga upbeat about prospects for the gas industry in South Africa

By: Kim Cloete     19th October 2018 The South African Oil & Gas Alliance (Saoga) believes there are catalytic opportunities for developing the gas industry in South Africa, which have been buoyed by a renewed focus on attracting investment to the country. The two major opportunities will be the massive gas finds in neighbouring... 

The natural gas revolution in South Africa: A changing energy landscape

By: Creamer Media Reporter      19th October 2018 Recent on- and off-shore discoveries of globally significant quantities of natural gas in Southern Africa – including trillions of cubic metres of natural gas in the Rovuma Basin off the Mozambique coast, the biggest global find of natural gas in decades – represent a new dawn for the region’s... 

Driftwood liquefied natural gas project, US

By: Sheila Barradas     19th October 2018 The project will provide gas and processing facilities to produce up to 27.6-million tonnes a year of liquefied natural gas for export. 

Sales and production soar at Woodside

By: Esmarie Iannucci     18th October 2018 Australia’s Woodside Petroleum has seen an increase in both production and sales revenues for the third quarter, as its Wheatstone liquefied natural gas (LNG) project continued to contribute strongly to operations. “Production at Wheatstone LNG continued ahead of plan, underpinning a 13.8% rise... 

Wits Business School Addresses the Energy Sector Skills Shortage

By: Creamer Media Reporter      15th October 2018 The energy landscape in Africa is changing dramatically.  Opportunities abound for investments, partnerships and other initiatives in the sector, particularly in oil and gas and renewable energy. The World Bank's Africa Energy project portfolio currently carries 48 projects totalling US$3... 

Mozambique signs oil exploration agreements with Exxon, Rosneft

By: Reuters     9th October 2018 The Mozambican government said on Monday it had signed oil exploration agreements with US energy firm Exxon Mobil and Russia's Rosneft. Mozambique's National Petroleum Institute, an energy regulator in the southern African country, said the government was preparing to sign similar agreements with... 

Climate crisis spurs UN call for $2.4tn fossil fuel shift  

By: Bloomberg     8th October 2018 The world must invest $2.4-trillion in clean energy every year through 2035 and cut the use of coal-fired power to almost nothing by 2050 to avoid catastrophic damage from climate change, according to scientists convened by the United Nations. Their report published Monday adds pressure on... 

Coal reaching $100/t in Europe boosts greener alternatives

By: Bloomberg     4th October 2018 Coal’s push to $100/t in Europe may benefit the greenest energy providers more than it does for miners. Companies that provide alternatives ranging from renewable power plants to natural gas turbines are expecting a lift after the commodity reached a five-year high. Far from spurring a revival... 

Australia resources exports heading for record; country takes lithium crown

By: Esmarie Iannucci     2nd October 2018 Australia’s resources and energy exports are forecast to hit a record high of A$252-billion in 2018/19, helped along by a decline in the Australian dollar over the past quarter. In its newest Resources and Energy Quarterly, the Office of the Chief Economist notes that the new outlook had been... 

Govt to finalise biofuels regulatory framework by March 2019

By: Kim Cloete     1st October 2018 The government plans to finalise the long-awaited biofuel blending regulatory framework and have it approved by Cabinet before the end of March 2019, while the Department of Energy (DoE) is also focusing sharply on the development of gas-to-power opportunities. This was revealed in a speech read... 

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