The North Rankin platform in the North West Shelf. LNG

Glimmers of hope for Aussie upstream sector in 2018

Australia’s upstream sector is starting to see a recovery in investment prompted by higher oil prices and growing regional LNG demand.

By Sally Bogle 18 January 2018

Australian LNG exports hit 56.8 mt in 2017

Australia increased its LNG exports by 26% in 2017 as the giant Gorgon project ramped up.

18 January 2018
An LNG ship arriving at GLNG in Queensland. Policy & Regulation

Eastern Aus policy debacle rocks LNG export industry

The gas reservation policy in eastern Australia came as an unpleasant surprise for LNG exporters.

21 December 2017
The CMA CGM Kerguelen in Le Havre. Gas for Transport

Green Corridor set for major LNG role – Purio

Walter Purio, chief executive of the LNG Marine Fuel Institute, discusses LNG’s future as a marine fuel.

14 December 2017
US navy ship in the South China Sea LNG

Aussie foreign policy focuses on South China Sea

A recent foreign policy white paper acknowledged Australia’s role as an LNG exporter and picked out the South China Sea as an area of concern.

8 December 2017

Arrow Energy signs gas supply deal with Shell’s QCLNG

Australian company Arrow Energy has signed a 27-year gas supply deal with the Shell-operated Queensland Curtis LNG project.

1 December 2017
Drilling rig in australia's north west shelf Exploration & Production

WA investment rises in response to forecast gas shortages

A projected shortfall in gas for the domestic market is prompting greater upstream activity in Western Australia.

23 November 2017

AGL Energy seeks supplies for Victoria LNG terminal

Australia’s AGL Energy is seeking supply proposals for its LNG terminal project in Victoria.

22 November 2017
Darwin LNG plant in australia Exploration & Production

East Timor open to Greater Sunrise options

East Timor’s prime minister has said that everything is on the table regarding the development of the Greater Sunrise field.

20 November 2017
An LNG tanker at the Gladstone LNG project in Australia Companies & Finance

Private equity stalks Santos assets in Australia and PNG

Harbour Energy’s proposed takeover of Santos is symptomatic of the problems facing overcapitalised Aussie operators.

16 November 2017

North West Shelf LNG recovers after outage

The first four trains at Australia’s North West Shelf LNG project were operating at capacity again on Monday following a partial outage.

14 November 2017
Companies & Finance

Shell reduces Woodside stake

Shell has further reduced its stake in Australia’s Woodside Petroleum, raising $1.7 billion in the process, the Anglo-Dutch major said on Monday.

13 November 2017

Ichthys LNG’s power plant starts up

Inpex’s Ichthys LNG project near Darwin in Australia’s Northern Territory has announced the startup of its combined-cycle power plant.

13 November 2017
The Moomba gas plant in the Cooper Basin. Exploration & Production

Cooper Basin in frame as exploration, productivity rises

Australia’s Cooper Basin is seeing renewed interest as producers look for sources to supply the country’s eastern market.

13 November 2017

Ichthys LNG due online in March 2018

The Ichthys LNG project in Australia is set to start production in March 2018.

8 November 2017
LNG tanker at loading terminal LNG

Woodside LNG deal shows RWE’s portfolio ambitions

RWE’s two-year LNG supply deal with Woodside shows that the German company is stepping up its efforts to break into the Asian market.

2 November 2017

First cargo ships from Wheatstone LNG

Chevron has shipped its first cargo from the Wheatstone LNG plant in Australia.

1 November 2017

Woodside and RWE sign LNG supply agreement

Woodside Energy has signed a supply agreement with RWE for delivery of 12 cargoes between April 2018 and March 2020.

31 October 2017

Origin Energy sees revenue boost in Q3 as APLNG increases output

Origin Energy reported an increase in its Q3 revenues resulting from increased output at its APLNG project in Queensland and higher energy prices.

31 October 2017

Warm weather hits Gorgon’s output

Hot weather has caused production cuts at Chevron’s Gorgon LNG plant on Australia’s Barrow Island.

27 October 2017
The Darwin LNG plant, Australia. (ConocoPhillips) Exploration & Production

Australia tries to lure shale exploration investment

Detailed data on Australia’s South Nicholson Basin is being released in the hope of bringing investors to the region’s untapped shale resources.

27 October 2017

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