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.
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.
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.
Giant vessel has yet to ship LNG.
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.
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.
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.
Coal seam gas wells are turning out to be less productive than thought.
Royal Dutch Shell and PetroChina are at loggerheads over gas sales pricing at their Arrow Energy joint venture, holding up development of Australia's biggest coal seam gas resource, three industry sources said.