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
THE Western Australian Government has welcomed the news that the proposed Scarborough gas development is one step closer, with Woodside and BHP agreeing to a tolling price for the processing of gas. Woodside and BHP have agreed the tolling price
A new 30-inch diameter pipeline will run 3.2 kilometres, connecting the Woodside-operated Pluto LNG Plant to the NWS Project’s Karratha Gas Plant (KGP), and is the first component of the infrastructure needed to transport gas between the two facilities. Under
Woodside has announced a 52% increase in the estimated gross contingent resource (2C) dry gas volume for the Scarborough field. The field’s resource estimate has increased to 11.1 Tcf from 7.3 Tcf. Woodside’s interest in Greater Scarborough (covering the Scarborough,
Leading Australian petroleum firm Santos Ltd (ASX: STO) has entered into an agreement to buy the ConocoPhillips subsidiaries that hold its Australian assets and operations for US$1.39 billion. In addition, the company will also make a payment of US$75 million