Work on the pipeline link between Gladstone Harbour and Curtis Island. (BG Group) LNG

No respite for Aussie industry as LNG saps market

The startup of Australia’s LNG export projects could cause supply shortages and prices increases for the country’s domestic market.

Aerial view of the Gorgon LNG plant site on Barrow Island. (Chevron) LNG

Aussie LNG robust despite price/demand slump

Output from Australia’s new LNG export facilities is expected to rise even though demand and prices are dropping.

LNG

Gorgon’s commissioning vessel to arrive within a week

Chevron’s $54 billion Gorgon LNG plant on Australia’s Barrow Island will reach a milestone with the arrival of its commissioning vessel in the next seven days.

16 December 2015
Exploration & Production

New Zealand awards new oil and gas permits

New Zealand’s government has awarded nine oil and gas permits in its 2015 licensing round.

16 December 2015
Companies & Finance

Shell to sell New Zealand assets

Shell is selling its New Zealand assets, including the Taranaki, Pohokura and Kapuni concessions.

11 December 2015
LNG

First train starts up at APLNG

The first train has started up at the Australian Pacific LNG plant in Queensland, which is scheduled to export its first cargo before the end of the year.

11 December 2015
Exploration & Production

North West Shelf makes FID on GWF-2

The North West Shelf joint venture has made an FID on the Greater Western Flank Phase 2 project off the northwest coast of Australia.

11 December 2015
Companies & Finance

Woodside withdraws Oil Search proposal

Woodside Petroleum has withdrawn its proposal to merge with Papua New Guinea’s Oil Search.

8 December 2015
Companies & Finance

Shell's acquisition of BG granted Aussie approval

Shell’s takeover of BG Group has passed its final regulatory hurdle in Australia after receiving approval from the Australian Treasurer through the FIRB.

3 December 2015
LNG in Queensland is on the upper end of the cost curve, and may face challenges in the long term. (QCLNG) Exploration & Production

Aussie oil and gas spend ‘on the down escalator’

New investment in Australia’s oil and gas sector appears to have stalled, with the latest data showing a gloomy outlook for the upstream market up to 2020.

3 December 2015
Woodside operations on Australia’s North West Shelf, near the Browse site. (Woodside) LNG

Woodside times Browse to hit demand upswing

The hope that Asian demand for LNG will rebound early next decade is driving Woodside’s development of its major FLNG project.

27 November 2015
Alternative Fuels

Renewables revolution under way – CCA

The world is seeing a dramatic revolution in energy provision, with clean energy investment rising by 43% globally since 2009, a Climate Council of Australia report says.

26 November 2015
LNG

BG takes full control of QCLNG

Bechtel handed control over the second liquefaction train of the Queensland Curtis LNG project to BG Group on Wednesday, marking the start of commercial operations

25 November 2015
LNG

Australia on course to be largest LNG exporter - EIA

Australia is forecast to overtake Qatar and Malaysia to become the world’s largest LNG exporter, with 323 MMcm/d of liquefaction capacity by 2019, the EIA has reported.

20 November 2015
Companies & Finance

ACCC approves Shell-BG deal

Shell’s takeover of BG Group has "received unconditional merger clearance from the Australian Competition and Consumer Commission.

19 November 2015
Pipelines, Storage & Power

Jemena wins tender to build NEGI pipeline

Asian consortium Jemena has won a tender to construct the North East Gas Interconnector pipeline to connect Australia’s Northern Territory to Queensland.

17 November 2015
Exploration & Production

QCLNG receives investment to sustain production

The Queensland Curtis LNG project has received a A$1.7 billion investment to drill 400 new wells west of Wandoan in the Surat Basin, QCLNG said in a release.

16 November 2015
ConocoPhillips’s Darwin LNG plant. The area could become a new hub for Australian gas exports. (ConocoPhillips) Exploration & Production

Spotlight on Darwin as China targets NT reserves

The Northern Territory could become the next focal point for Australian gas exports, with increasing interest in the region from potential Asian customers.

13 November 2015
Policy & Regulation

Shell-BG deal may lock out Australian businesses

Shell’s takeover of BG Group may exclude local manufacturing groups in Australia.

10 November 2015
LNG

Gorgon to receive cargo to cool tanks

Gorgon LNG will receive an LNG cargo in mid-December to assist in cooling the tanks and associated facilities before its first export cargo, scheduled to be loaded from the plant in early 2016.

3 November 2015
LNG

First Gorgon cargo delayed to March 2016

Chevron Chief Executive John Watson has set a March 2016 deadline for the loading of the first cargo at the Gorgon LNG plant on Barrow Island.

2 November 2015
Exploration & Production

Transerv Energy begins Warro 6 drilling

Transerv Energy began drilling at the Warro 6 well at the Warro gas field in Western Australia on Friday.

2 November 2015

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