Chevron Corp. said on Aug. 8 it has launched one of the world's largest carbon capture and storage projects, injecting CO2 into a deep reservoir under an island off Western Australia at its Gorgon LNG project.
Japan's biggest oil and gas explorer Inpex Corp. said on Aug. 8 its Ichthys liquefied natural gas (LNG) project in Australia is running at around 80% of full capacity, with 24 cargos being shipped in April-June despite a 15-20-day maintenance in May.
Here’s a snapshot of energy deals from the past week including Occidental’s $1.5 billion Permian Basin JV and a $700 million dropdown deal from Diamondback Energy.
Papua New Guinea signaled on Aug. 4 it was backing a previously agreed liquefied natural gas (LNG) deal with French oil major Total SA PA, although it said that some terms still needed negotiating.
Australia's Northern Territory has given major project status to an ambitious plan to transmit 3 gigawatts (GW) of solar power to Singapore by subsea cable, its chief minister said on July 20.
Santos Ltd. said on July 18 it had clocked record gas production in the second quarter on stronger output across its Western Australia gas assets.
Royal Dutch Shell on June 10 shipped the long-awaited first cargo of LNG from its Prelude floating LNG plant off northwest Australia, sealing Australia's position as the world's top LNG exporter.
Australia’s east coast gas crisis may force it to do something drastic unless it can discover and develop more domestic gas.
Data compiled from IHS Markit, the Australian government and APPEA, shows increased acreage awards signaled a recovery from the dark years of evaporating exploration, but there's quite a way to go to match the recent boom years.
Australia’s biggest oil and gas conference opened with an optimistic, yet cautionary address by ConocoPhillips CEO Ryan Lance only a week since the country’s surprising federal election outcome.