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.
LNG Ichthys faces six-month delay, says WoodMac
Japan’s Inpex insists Ichthys, its giant Australian export project, is on schedule for startup in December 2016, but energy consultancy Wood Mackenzie thinks otherwise.
28 May 2015CNOOC's QCLNG investment hit $6 billion
CNOOC has invested $6 billion in the Queensland Curtis LNG project in Australia, which BG Group officially took over as operator of last week.
26 May 2015QGC takes over Queensland Curtis LNG plant
BG Group subsidiary QGC has taken over as operator of the 8.5 mtpa Queensland Curtis LNG plant from Bechtel Australia, which constructed the facility.
22 May 2015Scarborough FLNG project postponed
BHP Billiton and ExxonMobil have postponed their estimated $19-20 billion Scarborough FLNG project, a massive 495-metre-long floating liquefaction facility.
18 May 2015
Supply & Demand Collapse looms as Aussie resource boom unwinds
The imminent completion of several LNG projects combined with a strong currency and low oil prices means Australia faces a lean period in terms of oil and gas investment.
7 May 2015Chevron discovers more gas near Gorgon
Chevron has made a further gas discovery near its $54 billion Gorgon liquefaction plant in Western Australia.
30 April 2015
Supply & Demand Gloss starts to fade on Australia’s LNG boom
Low oil prices have slashed the projected revenues from Australia’s new LNG projects, increasing the likelihood of industry collaboration or even consolidation.
30 April 2015New South Wales court overturns Metgasco drilling ban
The Supreme Court of New South Wales has overturned a decision by the NSW Office of Coal Seam Gas to suspend the drilling rights of Australian explorer Metgasco.
24 April 2015Ichthys LNG project starts integrating topsides
The Ichthys LNG project has passed a milestone after Inpex lifted the first topside modules onto the hulls of its two large offshore facilities.
22 April 2015S&P; cuts Origin Energy's rating
Standard & Poor’s has cut its rating for Australia’s Origin Energy.
22 April 2015Australia urged to phase out fossil fuels
Australia could phase out fossil fuel-fired generation almost entirely, according to a report by the Centre for Climate Economics and Policy commissioned by WWF-Australia.
21 April 2015Oil Search reports declining revenue
Australia’s Oil Search recorded a 16% decline in revenue quarter on quarter, to $472.3 million, in Q1 2015 as a result of lower oil and LNG prices.
21 April 2015Gladstone LNG to come onstream by end of Q3
The Gladstone LNG plant in Queensland is expected to produce its first LNG at the end of Q3 while the second train is expected to startup by the end of the year.
17 April 2015
Exploration & Production All eyes on Arrow’s trajectory after Shell-BG deal
The outlook for Shell and PetroChina’s Arrow Energy joint venture in Australia is suddenly looking optimistic, following Shell’s takeover of BG Group and its QCLNG plant.
17 April 2015Woodside still looking for M&A; opportunities
Woodside Energy will continue to look for merger and acquisition opportunities after buying Apache Corp.’s stakes in the Australian Wheatstone and Canadian Kitimat LNG projects.
16 April 2015Woodside Energy’s sales revenue fell in Q1 2015
Woodside Energy’s sales revenue fell by 20.1% quarter on quarter in Q1 2015 to $1.4 billion, as a result of the oil price slump and lower sales volumes.
15 April 2015
LNG WA urges LNG buyers not to sit back and wait
Western Australian Premier Colin Barnett was in India and Singapore this week to drum up interest in his state’s growing LNG exports. He spoke to Interfax about the trip.
15 April 2015
LNG Don’t wait too long – WA to Asian LNG buyers
Western Australian Premier Colin Barnett has been visiting India and Singapore, urging them to sign up for long-term LNG supplies from his state.
15 April 2015Transparency of eastern Australia gas market under official review
The Australian Competition and Consumer Commission is reviewing the competitiveness of the eastern Australian gas market, following complaints from buyers about a lack of transparency.
14 April 2015AGL strikes supply deal with Exxon and BHP Billiton
AGL Energy has reached a supply agreement with ExxonMobil and BHP Billiton that will provide the Australian utility with 5.3 billion cubic metres of gas over three years.
10 April 2015About 1,135 articles for Australia & Oceania