Pipelines being laid near Curtis Island. LNG projects there may be reluctant to take Central’s gas. (BG Group) Companies & Finance

Macquarie stalks Central Petroleum

Central Petroleum could use Macquarie’s cash to raise its profile as a major Australian gas supplier if the bank’s takeover bid is successful.

Pluto LNG is among the projects that have to keep their emissions below a set baseline. (Woodside) Policy & Regulation

Big emitters face Aussie climate review

Polarised views are emerging on Australia’s approach to combating climate change, with LNG exporters facing an uncertain future.

Supply & Demand

Australia lifts export estimates for 2016-2017 to 52.4 mt

Australia will export 52.4 mt of LNG in the 2016-2017 fiscal year and 67.3 mt in 2017-2018 as a result of increased shipments to Japan, South Korea and China.

11 January 2017
LNG

Train 1 restarts at Gorgon LNG

The first train at Chevron’s Gorgon LNG plant restarted this week after work was halted in late November to assess and address some performance issues.

4 January 2017
LNG

Woodside will concentrate on new LNG markets – executive

One of Woodside’s most senior executives has said the company will focus on developing new markets for LNG and keeping LNG export projects operating at capacity

3 January 2017
Global Markets

Armour Energy signs gas sales agreement with APLNG

Armour Energy has signed a five-year gas sales agreement with Australia Pacific LNG for the supply of gas from its Kincora project in the Surat Basin, Queensland.

22 December 2016
LNG

Gorgon LNG starts supplying gas to local customers

Chevron’s $54 billion Gorgon LNG plant, sited on Barrow Island off the coast of Western Australia, has started delivering gas to the region’s consumers.

9 December 2016
An LNG carrier at APLNG. Origin is likely to keep hold of the asset for the time being. (APLNG) Companies & Finance

Asia firms may snap up Origin spin-off before IPO

Origin Energy spin-off NewCo will be an attractive M&A target for players looking to boost their upstream assets in Australia, analysts say.

9 December 2016
Companies & Finance

Origin to sell upstream business

Australia’s Origin Energy plans to sell its upstream business assets to reduce its debt and refocus on its energy business.

6 December 2016
Policy & Regulation

Australia may make power companies pay for emissions – CBS

Australia will consider making power companies pay for their greenhouse gas emissions three years after the government scrapped a national carbon tax.

6 December 2016
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.

2 December 2016
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
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.

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

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