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Oil & Gas

Global energy demand up 1.3% in 2025, electricity demand up by 3% – IEA
20th April 2026 By: Schalk Burger

Global energy demand growth slowed to 1.3% in 2025, which is slightly below the preceding decade’s average of 1.4% and significantly lower than in 2024, while global electricity demand increased by... 


Gas drill rig in Austria
Australian gas explorer announces drill campaign on three initial Austrian targets
20th April 2026 By: Marleny Arnoldi

ASX-listed ADX Energy has started drilling at its 50%-owned Hochfeld-1 shallow gas exploration well in Austria, marking the start of what could be a transformational chapter for the company.... 


Basic Fuel Price formula in focus amid dramatic shift in South Africa’s supply sources
Basic Fuel Price formula in focus amid dramatic shift in South Africa’s supply sources
17th April 2026 By: Terence Creamer

The Department of Mineral and Petroleum Resources (DMPR), which is now preparing for a prolonged period of fuel supply and pricing pressure as a result of the damage to energy infrastructure during... 


Oil and gas drilling rig
Middle East conflict drives renewed interest in shale exploration in some countries
16th April 2026 By: Lumkile Nkomfe

Amid conflict in the Middle East, a new research paper from energy consultancy Wood Mackenzie (WoodMac) has highlighted the importance of elevating strategic energy security priorities as countries... 


IMF signage
IMF cuts growth outlook, warns of potential global recession if Iran war worsens
14th April 2026 By: Reuters

 The International Monetary Fund cut its growth outlook on Tuesday due to Iran war-driven energy price spikes and supply disruptions and warned that the global economy would teeter on the brink of... 


IEA CEO Fatih Birol
IMF, World Bank, IEA urge countries to stop hoarding energy supplies, imposing export controls
14th April 2026 By: Reuters

The International Monetary Fund, World Bank and International Energy Agency on Monday urged countries to avoid hoarding energy supplies and imposing export controls that could worsen what they... 


An oil rig and ship at sea
US military says it will start blockade of all ships going to and from Iran on Monday
13th April 2026 By: Reuters

US Central Command (Centcom) said it will begin implementing a blockade of all maritime traffic entering and exiting Iranian ports on April 13 at 10:00 ET (14:00 GMT), after President Donald Trump... 


Australian flag
Australia delays publishing of resources, energy outlook for the first time
10th April 2026 By: Reuters

Australia's quarterly resources and energy outlook has been delayed for the first time owing to "extreme volatility" caused by the US-Israel war against Iran, which is rendering forecasts out of... 


Pan African Resources Evader solar farm.
Eskom confident of meeting winter demand, Minerals Council South Africa indicates
10th April 2026 By: Martin Creamer

Amid the expectation of Eskom publishing its winter outlook later this month, the State-owned power utility has meanwhile expressed confidence that it will be able to meet electricity demand as... 


Queensland Premier David Crisafulli
Australian state calls for faster approvals for new oilfield
8th April 2026 By: Reuters

Australia's Queensland state said on Wednesday it will urge the federal government to streamline environmental approvals for what it says could be Australia’s first new oilfield in decades, arguing... 


LNG tanker
Iran amplifies LNG shortage by blocking passages through Hormuz
7th April 2026 By: Bloomberg

Iran has yet to allow a single carrier loaded with liquefied natural gas (LNG) to pass through the Strait of Hormuz in weeks of war, according to traders involved in the transit, a ban that risks... 


Military action by Israeli in Beirut
World Bank, IMF, IEA to coordinate response to Middle East war's economic, energy impact
2nd April 2026 By: Creamer Media Reporter

The heads of the International Energy Agency (IEA), the International Monetary Fund (IMF) and the World Bank have announced in a joint statement that they will form a coordinated group to maximise... 


Prime Minister Anthony Albanese
Australia passes law to trade, stock fuel alongside rare earths
1st April 2026 By: Bloomberg

(Bloomberg) -- Australia’s parliament passed legislation empowering the country’s export credit agency to physically buy, stockpile and sell fuels alongside critical minerals including rare earths,... 


The Pluto LNG plant
Gas majors warn Australia against taxing LNG windfall profits
31st March 2026 By: Reuters

Gas majors including Shell and Chevron warned Australia against introducing a windfall tax on gas exporters, saying it would deter investment and undermine energy security as LNG prices surge amid... 


Chevron says extensive cyclone damage keeps Wheatstone LNG offline
Chevron says extensive cyclone damage keeps Wheatstone LNG offline
31st March 2026 By: Reuters

Chevron said on Tuesday that downstream assets at its Wheatstone liquefied natural gas plant in Western Australia suffered extensive cyclone damage, leaving both production trains offline. Danny... 


Minerals Council South Africa Acting Chief Economist Bongani Motsa.
Flow-through can advance South African exploration, says Minerals Council economist
30th March 2026 By: Martin Creamer

The introduction of a flow-through shares incentive scheme by the South African government would solve this country’s exploration problems. A slide with words to that effect was prominently... 


Chevron says repairs to Wheatstone gas facility to take weeks
Chevron says repairs to Wheatstone gas facility to take weeks
30th March 2026 By: Reuters

Chevron's Wheatstone liquefied natural gas facility in Western Australia is unlikely to resume full production for several weeks as it repairs damage caused by last week's tropical cyclone, the... 


Minerals Council South Africa CEO Mzila Mthenjane.
Minerals Council CEO reiterates need for coordinated cross-govt policy environment
27th March 2026 By: Martin Creamer

Minerals Council South Africa CEO Mzila Mthenjane on Friday reiterated South Africa’s urgent need for a coordinated cross-government policy environment directed at stimulating responsible and... 


Oil execs say price swings make it hard to 'drill, baby, drill'
Oil execs say price swings make it hard to 'drill, baby, drill'
26th March 2026 By: Reuters

Activity in the US oil and gas sector in the key producing states of Texas, Louisiana and New Mexico increased in the first quarter of 2026 although output was steady for now, a survey released by... 


Image showing the generation of hydrogen and its use in industry
Global low-carbon hydrogen production is growing, but still constrained 
26th March 2026 By: Rebecca Campbell

The global total of low-carbon hydrogen production capacity has grown significantly over the past few years, but the sector remains constrained because of uncertain demand and limited investment.... 


Diesel disruptions and early hikes point to possible gap in pricing framework
Diesel disruptions and early hikes point to possible gap in pricing framework
25th March 2026 By: Terence Creamer

Government and the liquid fuels industry insist that recent disruptions to diesel supply in parts of South Africa are not related to a physical shortage of the fuel in the country. However, the... 


Global energy crisis deepens; efforts to plug supply gap fall short, industry execs warn
Global energy crisis deepens; efforts to plug supply gap fall short, industry execs warn
25th March 2026 By: Reuters

HOUSTON - The global energy crisis is deepening as emergency measures by governments worldwide have fallen short of plugging the huge shortfall in oil and gas supply caused by the US-Israeli war on... 


US shale firms unlikely to drill at $100 a barrel unless high prices last longer, executives say
US shale firms unlikely to drill at $100 a barrel unless high prices last longer, executives say
25th March 2026 By: Reuters

Oil prices above $100 a barrel would not trigger a meaningful production increase in the US unless they stay elevated for more than a quarter, shale executives said at the CERAWeek energy... 


Iran war makes second phase of LNG Canada more likely, TC Energy CEO says
24th March 2026 By: Reuters

The disruption to global liquefied natural gas supplies caused by the Iran war makes it more likely that a second stage of Canada's massive LNG Canada facility will be built, the CEO of Canadian... 


Santos temporarily shuts Darwin LNG plant amid Mideast supply squeeze
Santos temporarily shuts Darwin LNG plant amid Mideast supply squeeze
24th March 2026 By: Reuters

Australia's Santos said on Tuesday it has temporarily shut its Darwin liquefied natural gas plant, interrupting exports from a newly restarted supply chain at a time when markets are tightening due... 


Chevron CEO Mike Wirth
Chevron CEO says it will take time for energy to recover from Middle East production hit
24th March 2026 By: Reuters

Chevron CEO Mike Wirth said he is uncertain how quickly shut-in production in the Middle East stemming from the ongoing US-Israel war with Iran will return. "It will take time to come out of... 


US Energy Secretary Chris Wright
Oil prices have not climbed enough to cause demand destruction, US energy secretary says
24th March 2026 By: Reuters

Global oil prices have not climbed enough to cause demand destruction, US Energy Secretary Chris Wright said on Monday at the CERAWeek energy conference in Houston, Texas, even as markets continued... 


IEA executive director Fatih Birol
IEA discussing further oil stock releases, Birol says
23rd March 2026 By: Reuters

The International Energy Agency is consulting with governments in Asia and Europe on the release of more stockpiled oil "if necessary" due to the Iran war, executive director Fatih Birol said on... 


Traffic seen in the side mirror of a car
Work from home, avoid air travel to deal with higher energy prices, IEA says
20th March 2026 By: Reuters

The International Energy Agency (IEA), which this month agreed a record release of oil from strategic stockpiles to deal with the effects of the US-Israeli war with Iran, outlined on Friday... 


The above image depicts the South N'dola oil and gas platform by Chevron
Angolan oil platform delivers first oil
20th March 2026

After over two years of construction on its oil platform situated in Angola’s Block 0 – an abundant offshore reservoir in Angola responsible for 12% of the country’s daily energy output – oil... 


The aabove image depicts Offshore Petroleum Association of South Africa (OPASA) national spokesperson Niall Kramer
Onshore preparation determines offshore potential – OPASA
20th March 2026 By: Lynne Davies

As unemployment in South Africa reaches crisis levels, onshore preparation will determine whether offshore oil and gas potential can sustain jobs while integrating affiliated small and medium-sized... 


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