The North Rankin platform on Australia’s North West Shelf. LNG can be produced more cheaply there than at newer plants. (Woodside) LNG

Focus shifts to prolonging NWS for cheap LNG

Australian LNG producers are waking up to the potential of the North West Shelf LNG project, which could offer a cheaper alternative to new plants.

An Origin Energy gas plant. The company is selling its stake in the Waitsia field. (Origin) Exploration & Production

Mitsui stalks Origin stake in WA onshore gas field

IOCs are waking up to the potential of onshore fields in Western Australia as reserve estimates are boosted and cash-strapped explorers sell up.

Companies & Finance

Woodside reports 20% increase in Q3 revenue

Australian oil and gas company Woodside Petroleum increased its LNG production in Q3 and has reported a 20% increase in revenue from the previous quarter.

20 October 2016
Companies & Finance

Origin Energy on track to hit financial targets

Australia’s Origin Energy is on track to deliver its twin targets of increasing its full-year earnings and reducing its debt for the 2016/2017 financial year.

20 October 2016
Supply & Demand

APLNG Train 2 to up Australia’s east coast exports

Australia’s east coast LNG exports are expected to grow following the startup of APLNG's second train earlier this month.

17 October 2016
Exploration & Production

Origin strikes gas in Beetaloo Basin

Origin Energy has announced a discovery of oil and gas at its Amungee NW-1H well in Australia’s Beetaloo Basin.

12 October 2016
Pipelines, Storage & Power

Indonesia and Australia cooperate on integrated industrial zone

Indonesia and Australia are cooperating on the development of the Teluk Naga integrated industrial zone.

11 October 2016
Exploration & Production

BP pulls out of exploring the Great Australian Bight

BP has decided not to go ahead with exploratory drilling in the Great Australian Bight offshore South Australia.

11 October 2016

Dynagas ready to ship first cargo from APLNG’s second train

Dynagas’s Clean Horizon LNG tanker is expected to take on the first cargo produced from the Australia Pacific LNG project's second train.

11 October 2016

Production starts at second train of APLNG

The Australia Pacific LNG project has started production from its second train.

10 October 2016

Australian LNG exports to rise by 40% over this gas year

Australia is expected to export 51.5 mt of LNG between July 2016 and June 2017, a 40% increase on an annual basis, as a result of demand from Japan, South Korea and China.

7 October 2016
Exploration & Production

Potential fracking ban offered in southwest WA

Western Australia’s Labor Party plans to ban fracking in the southwest Peel and Perth metropolitan region if it wins the forthcoming .

6 October 2016
Global Markets

Extreme weather causes blackout in South Australia

South Australia suffered a blackout on Wednesday as extreme weather brought down power lines

29 September 2016

Gorgon LNG Train 1 working at near capacity – Chevron

Train 1 at Australia’s Gorgon LNG plant is producing at 85% of capacity, John Watson, chief executive of Chevron, has said.

29 September 2016

PNG supports both Total’s and Exxon’s LNG projects

Papua New Guinea is supporting Total’s proposed LNG project in the country as well as ExxonMobil’s expansion plans for the PNG LNG project.

22 September 2016
Drilling on Australia’s North West Shelf. The Great Australian Bight could hold similar reserves. (Woodside) Exploration & Production

Is there enough gift in the GAB for BP?

BP is hoping to overcome objections by protest groups and gain access to explore the huge potential of the Great Australian Bight.

19 September 2016
Exploration & Production

Northern Territory fracking moratorium introduced

Australia’s Northern Territory officially introduced its moratorium on fracking on Wednesday.

14 September 2016
A platform on the North West Shelf project. Gas from Scarborough could be used as backfill. (Woodside) Exploration & Production

Woodside buy-in offers new options for Scarborough

Woodside’s involvement means gas from the Scarborough field could be used as backfill for the Pluto or North West Shelf projects, and may even revive plans for an FLNG vessel.

12 September 2016
Companies & Finance

Origin’s new CEO to focus on debt

Frank Calabria has told Bloomberg he will focus on paying down a A$9 billion debt pile.

9 September 2016

Gorgon LNG upstream facilities complete

Wood Group and Technip have completed work on the upstream facilities for the Gorgon LNG project.

8 September 2016
Pipelines, Storage & Power

APLNG signs 20-year gas transport agreement with APA Group

Australia Pacific LNG has signed a 20-year gas transport agreement with APA Group.

6 September 2016

Australia’s east coast LNG exports hit record high

Exports of LNG from Australia’s east coast reached an all-time high of 1.51 mt of LNG in August.

6 September 2016

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