Zinia Phase 2 starts producing oil in Angola
Total, operator of Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency, has announced the
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oil
Is commodity market overheated?
Despite seeing the Blomberg Commodity Spot index rally to a fresh ten-year high with +4% gains recorded in 9 out
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BHP brings on new supply in copper, petroleum and iron ore
BHP’s strong safety and operational performance continued during the quarter, with record year-to-date production at Western Australia Iron Ore, the
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Economic outlook for crude oil and LNG gas
The outlook for the short term remains uncertain, but with vaccine deployment underway, albeit with some uncertainty as to timing
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VAALCO acquires additional interest in Etame Field from Sasol
VAALCO Energy has announced that it has now completed the previously announced acquisition of Sasol Gabon SA’s 27.8% working interest
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Upside potential exists for crude oil
Brent crude oil prices have surged sharply by about 19% over February-2021 moving above the USD 65 per barrel mark
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Sasol delivers good set of results, decreases debt
Sasol in its half year interim results says it delivered a good set of results for the six months ended
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Moderate recovery for oil & gas industries in 2021
Oil & gas industries are expected to post modest demand gains in 2021, in particular during H2-2021 as the global roll-out
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Exxaro reflects on global iron ore, oil and titanium
During 2020, the global economy recorded the worst downturn since the 1930s. Global real GDP for 2020 is expected to
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BHP completes Shenzi Oil Transaction
BHP has announced that it has completed the transaction to acquire an additional 28 per cent working interest in Shenzi
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All Glencore metals production down except for zinc
Glencore, in its “Third Quarter 2020 Production Report” says that its own sourced copper production of 934,700 tonnes was 81,100
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BHP driven by solid results in metallurgical coal and iron ore
BHP has started the new financial year with a strong first quarter of safety and production performance. Group production rose
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BHP oils up its stake in Shenzi
Notwithstanding a severe fall in the crude price this year, BHP believes that the fundamentals for oil will be attractive
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Equinor to retain leading role in energy transition
Following recent announcement of Equinor’s appointment of a new CEO, with an increased focus on the energy transition; Will Scargill,
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Mauritius declares emergency after oil leak from stranded ship
Mauritius, an island in the Indian Ocean, has declared a “state of environmental emergency” after a Japanese-owned ship that ran
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Sasol reports loss due to mainly COVID19-related effects
In a brief statement, Sasol has announced that its financial results for the year ended 30 June 2020 (2020 financial
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Gas Bubble: Global LNG infrastructure in crisis
In the past year, the fossil gas industry worldwide has more than doubled the amount of liquefied natural gas (LNG)
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Canada pilots hydrogen to fuel the future
First of its kind in the world, a hydrogen production pilot project in Saskatchewan could be the start of a
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Sasol is ramping up its production to full capacity
Sasol continues to make significant progress on the response plan measures announced on 17 March 2020 and 23 April 2020,
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Iron ore versus oil: Iron ore strength surprises
Given the collapse of oil, the continued strength of the iron ore price is surprising. And you would think that
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