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.
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.
Woodside optimistic despite huge H1 losses
Woodside Petroleum has posted its H1 2015 results, which have been hit by weak oil and gas prices, but the company said it is optimistic about marketing LNG from its offshore Browse project.
19 August 2015Santos receives first gas at Gladstone LNG
Adelaide-based Santos has announced the delivery of first gas to the first train at Gladstone LNG on Curtis Island.
18 August 2015Ichthys LNG plant faces delays
Australia’s Ichthys LNG export project is facing possible construction delays.
17 August 2015
Policy & Regulation Oz gas users go upstream as market tightens
As gas supplies become more scarce, industrial consumers in Australia are forging direct links with producers to ensure a secure and cheap supply of the fuel.
17 August 2015Abbott draws flak for milder Australian emissions pledge
Australia’s new carbon emissions reduction targets have come under fire as Prime Minister Tony Abbott’s coalition government has agreed to a milder target than originally proposed.
12 August 2015
LNG Test cargoes are a hard sell for Gorgon LNG
The first tranche of Chevron’s Gorgon LNG project is under-contracted so far, as its clients turn to spot LNG for a cheaper alternative.
7 August 2015Gorgon LNG facing delays
Chevron’s huge $54 billion Gorgon LNG project, which is under construction on Barrow Island in Western Australia, may delay its first cargo.
3 August 2015
Pipelines, Storage & Power Bidders circle east Aussie UGS as market volatility rises
Greater volatility in the Australian gas market is increasing the importance of underground gas storage facilities, but the sector remains in its infancy.
23 July 2015Western Australia to get two thirds of Torosa royalties
Australian federal and state ministers have signed an agreement that gives the state of Western Australia two thirds of gas royalties from the Torosa field, part of Woodside’s Browse FLNG project.
22 July 2015Woodside sales volumes down 18.4%
Woodside, Australia’s largest independent oil and gas company, saw sales volumes drop by 18.4% in Q2 as a result of reduced LNG production.
16 July 2015Second QCLNG train starts up
The second train at BG Group’s Queensland Curtis LNG export plant loaded its first cargo over the weekend, the company announced.
14 July 2015
LNG Browse FLNG looks shaky despite Woodside’s optimism
Woodside Energy’s floating LNG proposal for Browse may struggle under high costs, depressed oil-linked prices and a surfeit of supply in Asia Pacific.
10 July 2015Technip and Samsung win Browse FLNG FEED contract
Technip and Samsung have been awarded the FEED contract for the Browse FLNG project.
7 July 2015
LNG Aussie LNG contracts under pressure
Contracts from some of Australia’s newer LNG projects are reportedly coming under pressure from Asian buyers seeking to defer or renegotiate expensive offtake agreements.
3 July 2015Woodside announces Browse FEED phase
Woodside Energy has announced the FEED phase for the estimated $40 billion Browse FLNG project.
1 July 2015
Companies & Finance New player Quadrant goes west for Aussie gas
Formed earlier this month, Quadrant Energy boasts former Apache MD Brett Darley as its CEO and already has plans for expansion in Western Australia’s gas sector.
19 June 2015PNG LNG sends 100th cargo
Papua New Guinea’s ExxonMobil-operated 6.5 mpta PNG LNG export project has sent its 100th LNG cargo from Port Moresby since exports began in April 2014.
15 June 2015
Pipelines, Storage & Power NEGI to provide ‘backbone’ of Aussie gas market
A major interconnector project is set to link up Australia’s northern and eastern gas grids and unlock shale potential in the Northern Territory.
12 June 2015
LNG Aussie dollar devaluation protects export revenue
Devaluation of the Australian dollar against the US dollar will soften the blow of falling oil prices on Australian-owned companies.
5 June 2015
Supply & Demand East Australia faces gas supply shortfall by 2019
Australia’s LNG exports may be prioritised over domestic demand, leaving the east of the country with a gas supply shortfall.
4 June 2015About 1,135 articles for Australia & Oceania