New Zealand Prime Minister Jacinda Ardern at a press conference in 2017 Global Markets

Industry blindsided by New Zealand offshore ban

New Zealand’s prohibition on offshore exploration appears to have taken the industry by surprise, but the signs were there.

By Sally Bogle 13 April 2018

Ichthys LNG to start up by end March

Japan’s Inpex plans to start up the Ichthys LNG export project in Australia by the end of March

12 March 2018
Australian PM Malcolm Turnbull and US President Donald Trump. LNG

Australia, US collaborating to boost Indo-Pacific market

A deal struck between the two LNG exporters could see them working together to develop gas demand and regasification infrastructure in Asia.

9 March 2018
Exploration & Production

Comet Ridge ups Mahalo CBM reserves

Comet Ridge has upgraded proven and probable CBM reserves at its Mahalo project in Queensland from 1.94 billion cubic metres to 11.10 bcm.

7 March 2018
Australia and East Timor signing the maritime border treaty. (PA) Exploration & Production

Australia and East Timor agree Greater Sunrise split

The two countries have agreed a royalty-sharing split for the gas field following their new maritime boundaries treaty.

7 March 2018

Companies in Australia approved for maintenance plans

Australia will allow Chevron, Shell, Woodside Petroleum and Inpex to schedule maintenance together for their LNG export facilities for five years.

2 March 2018
The Cameron LNG project in the US. LNG

Second Aussie FSRU to target large industrial sector

Australia’s second FSRU will not be in competition with its first floating regas project, the CEO of the development consortium has told Interfax Natural Gas Daily.

2 March 2018

LNG imports planned for New South Wales

A consortium including Japan’s Jera and Marubeni aims to ship 2 mtpa of LNG to New South Wales starting in 2020.

26 February 2018
Exploration & Production

Agreement reached over Timor Sea’s Greater Sunrise

East Timor and Australia have reached an agreement over the disputed Greater Sunrise gas field, the Permanent Court of Arbitration announced on Monday.

26 February 2018
ConocoPhillips' Darwin LNG plant. Exploration & Production

Bonaparte LNG in focus as Santos targets Asia

Santos has returned its focus to Australia’s Bonaparte Basin as growing Asian demand brings opportunity to the area.

23 February 2018

Santos in talks with ENN to form Chinese LNG import JV

Australian oil and gas producer Santos is in talks with its biggest shareholder, Chinese company ENN Group, to form a joint venture to supply LNG to China.

21 February 2018
Loading a cargo at PNG LNG. Supply & Demand

PNG LNG could supply AGL’s FSRU – analyst

AGL’s plans for an FSRU could see Australia’s east coast receiving LNG from Papua New Guinea.

16 February 2018
Exploration & Production

Woodside investment in Scarborough field estimated at $12.5 bln

Woodside Petroleum’s acquisition of ExxonMobil’s stake in the Scarborough gas field could see it invest US$12.5 billion in the Scarborough and Browse fields.

15 February 2018
Companies & Finance

Kogas owes Woodside money for North West Shelf – Coleman

Woodside's chief executive has that Kogas owes money to the North West Shelf project.

14 February 2018
Exploration & Production

Woodside to buy Exxon’s stake in Scarborough gas field

Woodside is to buy ExxonMobil’s 50% stake in the Scarborough gas field offshore Western Australia for up to $744 million.

14 February 2018
Iron ore carrier off the Australian coast LNG

Green Corridor signs up Shell, CMG for LNG shipping

The use of LNG as a shipping fuel is gaining momentum in Asia as two more major players have joined the Green Corridor initiative.

8 February 2018
AWE’s Arrowsmith 2 well in the Perth Basin. Exploration & Production

Mitsui wins bid war for Western Australian gas producer

Japanese company Mitsui has made a successful bid for AWE in an effort to tap into growing gas demand in Western Australia.

5 February 2018
Companies & Finance

AWE sets three-day limit to match Mitsui takeover bid

The Australian has given mining company Mineral Resources three days to match a $480 million takeover bid from Japan’s Mitsui.

31 January 2018
The North Rankin platform in the North West Shelf. Exploration & Production

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.

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

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