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Companies & Finance

Woodside reports net profit of $541 mln for H1 2018

Australia’s Woodside Petroleum has reported a H1 net profit after tax of US$541 million

15 August 2018

North West Shelf expansion depends on Browse – Coleman

The extension of Australia’s North West Shelf LNG export project is “conditional” on the Browse fields being developed first, Woodside CEO Peter Coleman has said

15 August 2018
Gas for Transport

Woodside asks Australian government to speed up adoption of electric vehicles

Woodside has called on the Australian government to accelerate the adoption of fuel cell technology and electric vehicles

14 August 2018
A mural of the East Timorese flag. LNG

East Timor seeks to buy out Greater Sunrise partners

The country could use its sovereign wealth fund to buy out Shell or Conoco as it tries to push development of an LNG plant on Timorese shores.

6 August 2018
Exploration & Production

Australian east coast will need more gas to keep prices down – ACCC

Australia’s east coast has enough gas to meet demand in 2019 but supply needs to increase, the ACCC has said

2 August 2018

Inpex starts wellhead gas production for Ichthys LNG

Japan’s Inpex has begun producing gas at a wellhead off the coast of Western Australia to fuel its Ichthys LNG project, the company said on Monday.

30 July 2018
An offshore platform belonging to Australia's North West Shelf project. LNG

NWS tolling deal to unlock Browse gas for LNG exports

The agreement will allow gas from the remote Browse fields to be exported as LNG and keep the North West Shelf project in use beyond 2020.

27 July 2018

Venice Energy looks to use FSRU to import LNG into South Australia

Venice Energy, set up by former BHP executives in 2017, is looking to start importing LNG to South Australia in 2020.

24 July 2018
A shale gas well in Australia. Exploration & Production

Australia’s NT looks to resume fracking in 2019

Companies working in the Northern Territory are urging the government to approve new fracking regulations in time to capitalise on rising Asian gas demand.

23 July 2018
Companies & Finance

Santos boosts revenues by 15% in Q2

Santos increased its revenues by 15.2% year on year in Q2 2018.

19 July 2018
Exploration & Production

Woodside boosts oil and gas output by 6.76% in Q2

Woodside produced 22.1 million barrels of oil equivalent in Q2 2018.

19 July 2018

Australia’s LNG exports increase by 25% in Q1

Australia’s LNG exports have grown on the back of new export capacity, but the pace has not been as rapid as previously expected.

19 July 2018

Eastern Australia will compete with Asian buyers for Australian gas

Consumers in eastern Australia may have to compete with Asian buyers for domestically produced gas.

16 July 2018

Ichthys to ship first LNG cargo by end of September

Inpex expects to ship the first LNG cargo from its Ichthys project offshore Australia by the end of September.

11 July 2018
Exploration & Production

Australian LNG import plans may end Narrabri CBM project

LNG import proposals for southeastern Australia could spell the end of the controversial Narrabri CBM project in New South Wales.

10 July 2018
Chevron's Gorgon LNG plant Companies & Finance

Quadrant in play as WA faces uncertain gas supply

Brookfield is selling its 50% stake in the company, offering potential buyers a major interest in the WA gas market and potentially lucrative access to untapped assets.

10 July 2018

Ichthys facing further delays from safety concerns

Australia’s offshore oil and gas regulator is considering enforcement action against Inpex’s Ichthys LNG project after discovering safety problems on the offshore gas platform

9 July 2018
Policy & Regulation

Concerns raised over CKI bid for Australian pipeline operator APA

Australian Treasurer Scott Morrison has been asked to block a $9.8 billion bid by Hong Kong’s CK Infrastructure Holdings to buy APA Group.

5 July 2018

Production yet to start at Ichthys LNG

Inpex has yet to start production from its Ichthys LNG project in Australia weeks after saying output would begin soon

4 July 2018
Supply & Demand

Aussie LNG terminals could keep a lid on gas prices – report

LNG terminals could help cap rising gas prices in Australia even though the facilities may not be economically viable

2 July 2018

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