Oil & Gas Top Stories

Fraud police probing ex-Glencore staff plan to press charges

British prosecutors investigating former Glencore Plc employees over bribery allegations said they plan to bring long-awaited criminal charges.

Bloomberg News | June 18, 2024 | 7:27 am

US court receives offers for Citgo’s parent, credit bid submitted

The share auction was organized in Delaware to pay creditors…

Reuters | June 11, 2024 | 4:05 pm

Existing fossil fuel projects enough to meet energy demands while world transitions to net zero – study

Researchers recommend that governments legislate to ban new fossil fuel…

Staff Writer | June 9, 2024 | 8:34 am

India’s Jindal to join Venezuelan state oil venture

The news comes just months after securing a contract to…

Bloomberg News | May 30, 2024 | 10:17 am

Europe’s biggest pension fund sells €10 billion in fossil fuels

Stichting Pensioenfonds ABP has now exited all liquid assets in…

Bloomberg News | May 28, 2024 | 3:50 pm

The biggest global mining news of 2023

A tumultuous year for the global mining industry: collapse of lithium prices, furious M&A activity, gold’s new record and state intervention in mining on a scale not seen in decades.

Frik Els | December 27, 2023 | 10:01 am

Replacing coal with biofuels in lime kilns not as ‘green’ as previously thought

The different properties of biofuels pose serious challenges to the idea of reducing CO2 emissions from lime kilns, new research has found.

Staff Writer | December 27, 2023 | 6:29 am

Russia’s Lukoil, Norilsk Nickel cooperate on oil and gas project

The resource base of the new project is about 300 billion cubic metres of gas and 70 million metric tons of oil.

Reuters | December 26, 2023 | 8:59 am

Woodside Energy to supply LNG to Pilbara Minerals unit

The LNG will be used at the Pilgangoora lithium operation in Western Australia.

Reuters | December 20, 2023 | 3:30 pm

Australia export revenue to tumble as iron ore, coal prices drop

Fewer supply disruptions and “relatively soft” global economic growth will push down revenue.

Bloomberg News | December 17, 2023 | 9:40 am

Political costs of phasing out coal may be fewer than expected – study

A recent study found that it is possible to phase out fossil fuels without sacrificing electoral popularity.

Staff Writer | December 17, 2023 | 6:06 am

Column: China is still the top dog in commodities, but its bark is changing

China is becoming an increasingly price-sensitive buyer, and appears more willing to use its purchasing power to try to influence prices.

Reuters | December 14, 2023 | 7:37 am

Record resources deals rescue a dim year for Australian bankers

About $A111.3 billion of energy and mining deals have been announced in Australia year-to-date, accounting for almost half of all transactions in the country.

Bloomberg News | December 12, 2023 | 5:34 pm

Experts map likelihood, length of green energy droughts in the US

New research shows that compound energy droughts can last nearly a week in some parts of the United States.

Staff Writer | December 12, 2023 | 6:00 am

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