Australia

Exploration & Production

Petroleum Discoveries, Exploration Rises In Australia, But Still Way Off Boom Years

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.

May 29, 2019

Investment , Liquefied Natural Gas (LNG) , International

ConocoPhillips Strums An Investment Chord For Australia, Subject To Government Collaboration

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.

May 28, 2019

Service Contracts , Exploration & Production , Drilling

Senex Energy Set To Start Surat Basin Natural Gas Drilling Project

Australian oil and gas producer Senex Energy Ltd. (ASX: SXY) will start its Surat Basin natural gas drilling program next month after contracting oil and gas services provider Easternwell. Senex is a supplier of gas to Australia's east coast gas market.

April 16, 2019

Field Development , Subsea

Chevron Contracts Aker Solutions For Subsea Compression At Jansz-Io Gas Field

Chevron has contracted Aker Solutions to support delivery of a subsea compression system for the Jansz-Io gas field, 200 km (124 mi) offshore the northwest coast of Western Australia.

April 4, 2019

Unconventional , Liquefied Natural Gas (LNG) , International

Australian State Poll Threatens $2 Billion Coal Seam Gas Project

The Narrabri project, owned by Santos Ltd., could ease a looming gas shortage in eastern Australia, but is at risk of becoming a casualty in a weekend election in the country’s most populous state.

March 21, 2019

Liquefied Natural Gas (LNG) , Emissions

Australian Environmental Watchdog Retreats From Zero-Tolerance Directive

A recent directive from the country’s EPA provoked a backlash from the state and independent oil and gas company Woodside, which warned of job losses and risk to Australia’s status as an LNG superpower.

March 14, 2019

Liquefied Natural Gas (LNG) , Natural Gas , Crude Oil , International

Sparks Fly At AOG Conference In Australia

Climate change protesters ambush opening keynote targeting Woodside Petroleum and Chevron.

March 13, 2019

Investment

Activists Press Woodside, Santos To Set Carbon Emission Targets

Australia's top two independent gas producers, Woodside Petroleum and Santos, are being urged by an activist investor to set carbon emissions targets for their businesses to help limit global warming.

February 28, 2019

Exploration & Production , Liquefied Natural Gas (LNG)

Study: Australia’s East Coast LNG Plants Unlikely To Ever Hit Full Capacity

Coal seam gas wells are turning out to be less productive than thought.

February 21, 2019