The Newcastle gas storage facility in New South Wales. (AGL) LNG

FSRU to give AGL ‘bargaining power’ in east Australia

The idea may seem surprising, but a regasification project would help developer AGL in negotiations with upstream suppliers.

By Sally Bogle 17 August 2017

Santos to supply export gas to South Australia

Santos has agreed to supply gas destined for its LNG export project in Gladstone to South Australia in anticipation of supply shortages.

17 August 2017

Ichthys LNG to boost NT’s exports by A$118 bln

The startup of Inpex’s Ichthys LNG plant in Australia’s Northern Territory will boost the value of the state’s exports by A$118 billion.

11 August 2017

Australia’s AGL considers building LNG terminal in Victoria

Australia’s AGL, an integrated energy company, is looking to build an LNG terminal at Crib Point near Melbourne in Victoria.

10 August 2017
Exxon’s Altona  Refinery in Victoria. (ExxonMobil Australia) Exploration & Production

Exxon’s new Aussie play unlikely to ease local market

Exxon has locked down a deal for new resources in Victoria, but they may not be enough to sate the struggling domestic market.

10 August 2017
A Beach Energy drill rig in the Cooper Basin. (Beach Energy) Exploration & Production

Spending rises as Aussie market responds to price signals

Australia’s exploration programmes and M&A activities appear to be showing signs of recovery.

4 August 2017
The site of the Wheatstone LNG project. (Chevron) LNG

Wheatstone readies entry into uncertain LNG market

Chevron’s giant Australian LNG plant is preparing to come online but may not generate the expected revenue, experts say.

27 July 2017

Australia’s LNG exports set to grow rapidly

Australia exported 4.9 mt of LNG in June as the country continued to ramp up exports from its new LNG export projects.

27 July 2017

Prelude FLNG arrives in Browse Basin

Shell’s Prelude FLNG vessel has arrived at the Prelude offshore gas field in the Browse Basin, 475 km northeast of Broome.

25 July 2017
Origin’s Spring Gully CBM development in eastern Australia. (Origin Energy) Exploration & Production

Beetaloo developers eye exemption from fracking ban

Developers are watching closely as the Northern Territory considers whether their resources will be exempt from a possible ban on fracking.

21 July 2017
Greater Sunrise gas could be used to backfill the Darwin LNG plant in northern Australia. (ConocoPhillips) Exploration & Production

East Timor’s last chance for Greater Sunrise

East Timor is running out of time to develop its Greater Sunrise gas fields, as potential investors consider alternatives.

17 July 2017

Australia’s LNG exports remain buoyant over summer

Exports from Australia’s east coast hit their second-highest level in June, but are likely to fall over the coming months because of maintenance and gas reservation policies.

17 July 2017

Ichthys LNG’s FPSO to sail soon

The FPSO for Australia’s Ichthys LNG project could set sail soon.

11 July 2017

Curtis Island LNG exports hit 1.7 mt in June

LNG exports from Curtis Island off Australia’s northeastern coast increased to 1.70 mt for June.

7 July 2017
Wheatstone and Australia’s other new LNG projects are due online soon. (Chevron) LNG

Aussie LNG to withstand Qatar/US onslaught

Plans by Qatar and the US to boost LNG production may make life difficult for some, but Australia’s projects are well positioned to weather the storm.

7 July 2017
Global Markets

Australian gas prices one-third lower than NE Asia in 2016

Australia’s wholesale gas price was substantially lower than its Northeast Asian neighbours in 2016.

6 July 2017

Prelude FLNG sets out for Australia

Shell’s Prelude FLNG vessel has left South Korea for deployment off Australia’s northwest coast where it will extract and process gas from the Prelude and Concerto fields.

29 June 2017
Construction at Santos’s GLNG project. (Santos) LNG

Aussie LNG export limits to hit Santos hardest

The decision to limit LNG exports during periods of high demand is challenging for Santos, but the mechanism may face legal challenge.

22 June 2017

Australian government plans LNG export controls

Australia’s Conservative government intends to implement export controls on LNG, Prime Minister Malcolm Turnbull announced on Tuesday.

20 June 2017
Exploration & Production

Australia allocates cash for offshore basin study

The Australian government has allocated funds to study the Gippsland, Otway, Bass and Sorell offshore gas basins in southern Australia.

19 June 2017
Woodside’s North Rankin Complex offshore Western Australia. (Woodside) Exploration & Production

End in sight for Aussie exploration investment famine

Australia is pressing on with licensing rounds in the hope of bringing international investment back to its exploration sector.

16 June 2017

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