Australia

Liquefied Natural Gas (LNG) , Emissions , Technology

Chevron Starts Burying CO2 Off Australia At Huge Gorgon Storage Project

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.

August 8, 2019

Liquefied Natural Gas (LNG)

Inpex Says Australia's Ichthys LNG Project Running At 80% Of Full Capacity

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.

August 8, 2019

Trends

A&D Transactions From The Week Of Aug. 7, 2019

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.

August 7, 2019

Liquefied Natural Gas (LNG) , International

Papua New Guinea Signals Backing Of Total LNG Deal

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.

August 4, 2019

Renewables

Australia’s Northern Territory Gives Major Status To Solar Plan By Singapore's Sun Cable

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.

July 20, 2019

Earnings

Australia's Santos Posts Record Production; Woodside Petroleum’s Revenue Falls In Second Quarter

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.

July 17, 2019

Liquefied Natural Gas (LNG) , Tankers

Shell Ships First LNG Cargo From Australia's Prelude

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.

June 10, 2019

Liquefied Natural Gas (LNG) , Trade , International

Could US LNG Imports Be An Option For Australia's Gas Crisis?

Australia’s east coast gas crisis may force it to do something drastic unless it can discover and develop more domestic gas.

May 30, 2019

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