Oil & Gas

A 50 megawatt solar farm could be installed at Woodside’s Pluto plant near Karratha.

Australia's energy minister has again flagged a plan to incentivise coal-fired power stations to remain open for "as long as needed".

Woodside will take a loss of between $50 million and $80 million as it exits its 50 per cent share of the Kitimat project in Canada, after partner Chevron also left the development.

The biggest risk facing Australian LNG exporters is not trade threats from China, rather its the possibility of not having enough gas, a new report has found.

Shell has largely won a federal court battle in a long running dispute with the Australian Taxation Office over its $2.3 billion purchase of Browse LNG assets from Chevron.

Perth-based Delorean Corporation has struck an agreement with Clean Peak Energy to acquire its 70 per cent stake in the Salisbury Bioenergy project.

Shares in Kinetiko Energy have risen by more than 25 per cent, after the WA business announced plans to take full control of a South African gas project.

Vikas Rambal’s planned $4.3 billion Burrup urea project has signed a big offtake deal, but will be waiting for Woodside’s Scarborough LNG decision before proceeding further.

Seven Group-backed Beach Energy has downgraded its full-year production and earnings targets along with its Western Flank oil reserves, sending shares in both companies down.

Cottesloe company Kato Energy is progressing plans to develop multiple ‘stranded’ oil fields off the WA coast after gaining key regulatory approvals this month.

A new estimate for the cost of Woodside’s Pluto Train 2 will be finalised within weeks, while four local projects are on track.

Five hydrogen hubs will be established across Australia after the federal government promised $539 million for hydrogen and carbon capture.

Santos and Pilbara mining giant Rio Tinto have entered a new gas supply agreement, which will take effect later this year.

Woodside chairman Richard Goyder has sought to hose down speculation about an abrupt leadership change after an earlier than expected retirement for Peter Coleman was revealed yesterday.

Strike Energy has entered a trading halt ahead of a planned capital raising to progress its West Erregulla joint development in the Perth Basin.

Woodside Petroleum has announced that Meg O’Neill will be acting chief executive from April 20 after bringing forward Peter Coleman’s retirement date.

Strike Energy's plan to build a $2.3 billion urea plant at Geraldton has firmed after the company today revealed it was heavily oversubscribed with offtake offers for its projected 1.4 million tonnes of annual production.

The federal government has approved measures designed to ensure taxpayers do not have to pick up the tab for decommissioning offshore oil and gas facilities.

The $US3.6 billion Barossa gas project will go ahead, Santos announced today, a move that will extend the life of the Darwin LNG plant.

Failing to navigate the transition to a lower-emissions economy could have a disruptive impact on WA’s standard of living.

WA-based construction engineering company AusGroup has secured a 10-year maintenance contract with Chevron Australia.

A Kazakhstan-focused oil junior which had a 70-fold share price spike last April has been warned by its auditor it may struggle to meet financial obligations.

Woodside Petroleum has joined other major resources companies in putting its climate report to a non-binding advisory vote of shareholders next year.

Woodside has landed its first fully carbon offset condensate cargo as LNG producers continue to move towards lower emission supply.

Australian-made hydrogen will be exported to Japan under a world-first trial taking a big step forward for the emerging industry.

A decision on Chevron’s Jansz-Io compression project is expected this year, while the company’s Australian emissions fell 22 per cent thanks to carbon capture.

Integrated solutions specialist EnerMech will provide pipeline services to Chevron’s oil and gas facilities in Western Australia under a new five-year contract.

Developing a technology road map and finding options for local recycling will be two initial projects of a new decommissioning centre for the oil and gas industry.

Exploration spending for onshore oil and gas exceeded offshore in 2020, a highly unusual trend, although gas reserves may be in terminal decline, Energy Quest said.

Decisions on two big gas projects are due, $12 billion of chemical projects are under consideration, and a decommissioning timebomb awaits.

Federal Labor has backed gas as a key part of achieving net zero carbon emissions by 2050 in a new policy platform set for debate later this month.

Perth company Western Gas has partnered with leading Australian energy infrastructure business APA Group to begin an assessment of its ambitious transcontinental pipeline plan.