The Australian Petroleum Production and Exploration Association (APPEA) says the Australian Competition and Consumer Commission’s Gas Market Inquiry 2017-2025 report confirms actions taken by the gas industry to bring more gas into the domestic market have ensured current domestic supply, [...]
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 [...]
Dual listed junior oil explorer 88 Energy Limited (AIM: 88E | ASX: 88E) is just weeks away from spudding its Charlie-1 appraisal well at Project Icewine on the North Slope of Alaska. The drilling event at Charlie-1, which is on track [...]
CARNARVON Petroleum Limited has received the first preliminary data set from the 2019 Keraudren 3D seismic survey, with interpretation of the datasetmunderway. The company said early indications are that the Keraudren 3D has achieved the objective of providing superior quality [...]
AUSTRALIAN petroleum company Horizon Oil says it has no actual knowledge of any wrongdoing relating to a reported transaction to PNG officials to acquire an interest in Petroleum Retention Licence 21 (PRL 21) in the Western Province of Papua New [...]
CIMIC Group subsidiary UGL has secured contracts to provide maintenance, turnarounds and project services for its clients in the oil and gas sector. These contracts will generate a combined revenue to UGL of approximately $450 million and be executed over [...]
CHINA is set to see a massive lift in demand for natural gas with current usage rates set to more than triple over the next 15 years. This comes as the Chinese government pushes for a switch to cleaner energy [...]
LATE in 2019, the Australian Competition and Consumer Commission (ACCC) confirmed that domestic wholesale gas prices have risen two to three times higher than historical prices. This has put many trade-exposed Australian manufacturers under extreme pressure. There is also continuing [...]
“I THOUGHT you were getting safety boots? They look like your office shoes” Those were my wife’s exact words when I recently unboxed a pair of new boots from Oliver Footwear’s Executive range. As always, my wife was right. They [...]