S&P Global Ratings believes that leading Australian oil and gas company Santos Ltd (BBB-/Stable/A-3) has a solid buffer to withstand the current plunge in oil prices due to the strong balance sheet built up over the past two to three
THE WA Government has welcomed a contribution of $40 million to the Future Energy Exports Cooperative Research Centre by the Commonwealth Government. At least $16 million of the Australian Government funding announced today will be allocated to the planned world-first
MAJOR LNG companies operating in Western Australia will now release two-year procurement plans to make local business more aware of upcoming opportunities in the sector. WA Premier Mark McGowan unveiled Forward Work Plans – the latest initiative of the LNG
LEADING Australian LNG players Woodside and BHP have agreed to align their participating interests across the WA-1-R (Scarborough) and WA-62-R (North Scarborough) titles, resulting in Woodside holding a 73.5% interest and BHP holding a 26.5% interest in each title. Woodside
OF the four countries in the Oceania region, Australia is the only one expected to add oil and gas production in 2020 compared to the previous year, according to data and analytics company GlobalData. In fact, Australia comprises all Final Investment
S&P Global Ratings says the declaration of force majeure on some LNG import cargoes by China National Offshore Oil Corp. (CNOOC, A+/Stable/–) will not affect the ratings on the company or Australian LNG exporters. CNOOC has declared force majeure on some LNG
AUSTRALIA has officially become the world’s largest exporter of Liquefied Natural Gas (LNG) on an annualised basis. In sending overseas, an estimated record 77.514 million tonnes (Mt) of locally produced LNG in calendar 2019, Australia edged out former No. 1
WOODSIDE Energy Trading Singapore Pte Ltd has entered into a long-term sale and purchase agreement (SPA) with Uniper Global Commodities SE or the supply of LNG from Woodside’s global portfolio for a term of 13 years commencing in 2021. The
AS delegates gather in Madrid for the 25th annual United Nations Climate Change Conference, the latest government estimate released with the June 2019 Quarterly Update of Australia’s National Greenhouse Gas Inventory confirms the importance of Australia’s liquefied natural gas (LNG)
STRANDLINE Resources has taken a key step towards development of its Coburn mineral sands project in Western Australia by selecting Woodside and EDL to provide a world-first fully integrated energy solution for the project. The parties have signed a non-binding