Oil & Gas

Plans for Perdaman Group’s 2 million tonne urea plant on the Burrup Peninsula have been recommended for approval at a development assessment meeting next week.

The Supreme Court has thrown out two appeals by the state’s conservation council to review the approval of Woodside’s $16.5 billion Scarborough project.

Prime Minister Scott Morrison won't freeze fuel excise, even as global oil prices near $US100 per barrel with Russia and Ukraine on the brink of all-out war.

Higher prices have boosted profits at Woodside Petroleum to nearly $US2 billion, more than double the previous year.

Woodside's new leadership team will be split across Perth and Houston and include five BHP executives, in line with the merged entity's elevated global profile.

Billions of dollars of developments have waited years for approvals as regulators become more conservative and appeals add to delays.

Oil junior Triangle Energy will start trading tomorrow with an entirely different board compared to just one week ago, when it had announced its then chief executive had resigned.

Perth engineering company Monadelphous has secured a number of new contracts and extensions, including with Woodside and South32.

Shares in Subiaco oil play 88 Energy were down 14 per cent on the back of announcing a completed $32 million capital raising offered to institutional and sophisticated investors.

Cryptocurrencies are struggling as inflation and interest rates worldwide start to rise.

Shares in marine and subsea services provider MMA Offshore have risen more than 8 per cent following the company’s announcement of a $68 million contract extension with Japan's Inpex.

Santos has booked 100 million tonnes of carbon storage resource within South Australia's Cooper Basin while reporting a substantial increase in reserves on the back of its Oil Search merger.

A restart on Shell’s Prelude floating LNG vessel is still some time away, Shell chief executive Ben van Beurden said, with the pandemic making workforce movements more difficult.

Western Gas has secured all necessary government approvals needed to drill on the North West Shelf’s Sasanof-1 exploration well with drilling to start in the coming months.

Perth company Mineral Resources has announced a surprise addition to its board of directors with the recruitment of Santos boss Kevin Gallagher.

Brookside Energy has booked a maiden operating profit for the quarter on the back of an 800 per cent surge in earnings following first production at its flagship Jewell Well.

A $4 billion-plus fertiliser plant proposed on the Burrup Peninsula has received ministerial approval, moving entrepreneur Vikas Rambal’s dream project a step closer.

Woodside has elected to withdraw from its Myanmar operations after nearly a decade amid the country's deteriorating human rights situation.

Defence Minister Peter Dutton says there are "many worrying signs" from Russia on the Ukrainian border as Europe looks to Australia as a potential gas supplier with Kremlin tensions increasing.

Logistics company ASCO Australia has secured two contracts associated with the $768 million expansion of the Waitsia gas field in the Perth Basin.

Rising energy prices are making it hard for some countries to kick the coal habit, and climate policy may suffer as a result.

Buru Energy shares fell 10 per cent today after it revealed the state’s border closures had slowed exploration work, compounded by drilling problems.

Higher sales volumes and LNG prices have dramatically boosted Woodside's revenue, with the company also reversing US$582 million of past impairments..

Worker shortages and supply chain issues could disrupt major projects in WA worth more than $50 billion. Click for our updated list of major projects.

Analysis: The Australia Institute claims WA earns a paltry return from oil and gas companies, while estimating state government royalties from the North West Shelf will likely surpass $17 billion over 25 years.

Woodside has long-term hopes to install up to 500 megawatts of solar generation and 2 gigawatt hours of batteries near Karratha, environmental documents show.

A development application for the West Erregulla gas project in the Mid West has been lodged, ahead of a potential tightening of the domgas market.

Kerry Stokes-backed BCI Minerals is set to proceed with its $1.2 billion Mardie project after overcoming opposition from Santos and Chevron, which were concerned about risks to WA’s gas supply.

Oil Search non-executive director Michael Utsler will join the Santos board as the $21 billion merger between the companies takes effect.

The federal and state governments have awarded Strike Energy with a $2 million grant and streamlined approvals for the company’s fertiliser project in the Mid West.

The state could have a shortage of gas production for the domestic market as soon as 2025, driven by reserve downgrades at the Reindeer and Macedon fields.

A dozen WA-linked businesses paid more than a fifth of Australia’s corporate tax take between them in the 2020 financial year, with Rio Tinto the nation’s top contributor.