The North Rankin platform, part of the North West Shelf project. (Woodside) Policy & Regulation

Australia’s resource tax regime – too little, too late?

Australia is exporting more LNG than ever before, but tax issues may mean it is missing out on the economic gains of the boom.

Gladstone LNG under construction. The plant needs to find extra gas to supply its two trains. (Santos) Exploration & Production

Producers look offshore as Victoria fracking rules bite

The fracking ban in the Australian state of Victoria is forcing gas producers to look offshore for the supplies needed to meet demand.

Companies & Finance

North West Shelf claims back deductions to reduce royalties

Australia’s North West Shelf joint venture is reported to have reduced the royalties it owes by claiming more than A$5 billion (US$3.7 billion) in deductions.

28 November 2016
Pipelines, Storage & Power

New pipeline to Bowen could solve east Australia’s supply problems

Former Santos Chief Executive John Ellice-Flint has announced that much of the supply problems on the east coast of Australia could be fixed by building a pipeline to tap bowen Basin supplies.

24 November 2016
Exploration & Production

Australian state of Victoria bans fracking

The government of the Australian state of Victoria introduced legislation on Tuesday to ban fracking following strong public opposition.

23 November 2016
Companies & Finance

Armour Energy gets $12.9 mln of M.H. Carnegie funding

Australia-based Armour Energy has agreed terms with private equity and asset manager M.H. Carnegie for investment of up to A$17.5 million.

21 November 2016
Gladstone LNG. Australian LNG exporters are struggling in the low oil price environment. (Santos) LNG

Collaboration and technology could save Aussie LNG

The time is right for Aussie LNG to invest in collaboration and new technology, according to Bernadette Cullinane from Deloitte.

21 November 2016
Exploration & Production

Queensland releases new exploration areas

The government of the Australian state of Queensland has released two petroleum and gas exploration areas.

15 November 2016
LNG

AGL eyes LNG terminal for southeast Australia

Australian gas company AGL is considering spending up to A$300 million on an LNG terminal for Australia’s southeastern states.

15 November 2016
LNG

Gorgon LNG Train 1 restarts

Train 1 at Chevron’s Gorgon LNG export project restarted on Monday following a temporary shutdown last week.

14 November 2016
Darwin LNG is operated by ConocoPhillips and has a nameplate capacity of 3.7 mtpa. (Conoco) LNG

Darwin LNG prioritises backfill over expansion

Darwin LNG, one of Australia’s oldest export plants, is expected to exhaust its supplies early next decade, meaning operator ConocoPhillips is searching for backfill gas.

14 November 2016
Operations off Australia’s North West Shelf. Facilities there are close to the Canning Basin. (Hess) Exploration & Production

Canning Basin shale gas in Fortescue’s sights

Iron ore company Fortescue Metals Group is making a move on the vast shale reserves available in Western Australia.

7 November 2016
A gas flare from a shale well in the Cooper Basin. Fracking is facing opposition in Australia. (Senex) Pipelines, Storage & Power

Aussie gas industry renews itself for future growth

The Australian gas industry is shifting focus to power generation rather than LNG exports, promoting gas as a partner to renewables.

27 October 2016
Exploration & Production

Santos sells offshore Australian assets to Cooper Energy

Santos has announced the sale of its assets off the coast of the Australian state of Victoria to Cooper Energy for A$82 million.

24 October 2016
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.

21 October 2016
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
LNG

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

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