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New report finds discovery levels lowest since 1940s

A NEW report from international specialists Rystad Energy has shown the significant effect the global cut-back in exploration expenditure has had on new discoveries. Rystad has reported that it has found that the 2016 total offshore discovered liquids resources reached

LNG trio sets Santos on record path

A strong performance from its suite of LNG project interests in Australia and PNG has seen Santos achieve a number of new annual sales and production records. Boosted by increasing production at GLNG, and strong performances from the PNG LNG

Woodside tips a strengthening LNG price

Woodside achieved record LNG production numbers in 2016. Photo courtesy of Woodside. Woodside is forecasting an increase in LNG contract prices for Quarter 1, 2017 on the back of improving oil prices and a lag in oil-linked pricing formulas for

Sole hits FID target in gas sales agreements

Cooper Energy says that it has reached the target level in gas asles agreement for a Final Investment Decision (FID) on the development of the Sole field off ther coast of Victoria. The landmark figure 20 PJ per annum was