Woodside Petroleum has forecast its 2019 output will be at the lower end of its guidance of 88 million to 94 million barrels of oil equivalent, as a result of maintenance issues at its Pluto liquefied natural gas plant.
With the Environmental Protection Authority starting public consultation today on its greenhouse gas assessments, the state government could do more to provide certainty for investors in WA’s potential gas projects.
Strike Energy has executed a $5 million sales option with Wesfarmers subsidiary CSBP, for up to 100 petajoules of gas from its half-owned West Erregulla project.
Chevron has started the second stage of its Gorgon drilling campaign, which will create 11 new wells at the $5 billion project on Western Australia’s north-west coast.
The Environmental Protection Authority will commence formal consultation next month on its greenhouse gas guidelines, refuting media reports it has already decided to revive the guidelines that caused industry outrage earlier this year.
ASX-listed Strike Energy will not receive its federal government research and development tax credits for the 2018 financial year, a week after West Perth-based Northern Minerals was ordered to pay back 50 per cent of its $21.56 million R&D rebate for the same financial year.
A proposed pipeline fabrication facility to be built near Exmouth could be back on the drawing board just months after proponent Subsea 7 submitted an alteration to its environmental proposal.
ConocoPhillips has awarded the first engineering contract for its Barossa offshore project to Technip Oceania for the supply of the subsea production system and associated installation support.
Canadian contractor SNC Lavalin has announced it picked up work at two gas operations in Western Australia, including design work for a new power station at the Devil Creek gas plant.
The federal Labor opposition needs to lock down the details of its emissions policy before the impact will be clear, according to Woodside chief executive Peter Coleman, but the ability to buy international offsets will be key to keeping the cost of carbon reduction low.
More than 100 unique arbitration proceedings were conducted in Western Australia during the 2017-18 financial year, the first-ever survey of the sector has found.
Electricity and gas retailer Origin Energy has posted a 53 per cent rise in third-quarter gas production revenue from its stake in Australia Pacific LNG, driven by higher oil prices.
Energy sector analyst Wood Mackenzie has declared the liquefied natural gas (LNG) boom is back, with a prediction that more than $US200 billion will be invested in the sector over the next six years.
Australia's No.2 independent gas producer Santos Ltd has posted record quarterly production, boosted by its acquisition of Quadrant Energy assets, a day after it announced an '"exciting" gas discovery in the North West Shelf.
Shell has sold its interest in the Greater Sunrise offshore fields to Timor Gap, the national oil company of Timor-Leste, for US$300 million ($420 million).
OPINION: The Western Australian government’s love affair with Western Power is unlikely to be dimmed by local events any time soon, but a new force has been unleashed in the international marketplace as global oil companies morph into global electricity companies.
Oil Search has signed an agreement with the Papua New Guinean government for the Papua LNG Project, enabling initial work to begin on the giant development.
Woodside Petroleum and Chevron have applied for a new licence for their Kitimat LNG plant in northern British Columbia that could nearly double the project's size to produce 18 million tonnes per annum (mtpa).
North America-focused Otto Energy is seeking to raise $11 million via a share placement and $20 million through a one-for-five rights issue, both at an issue price of 5.3 cents per share.
Woodside Energy and the Australian Space Agency (ASA) have signed a statement of strategic intent and cooperation, which is aimed at promoting technology transfer between the space sector and the oil and gas industry.
Western Australia's resources industry experienced record sales in 2018, up 16 per cent from the year prior, thanks largely to a rise in liquefied natural gas (LNG) exports.
Asian LNG spot prices have dropped more than 50 per cent in recent months as supply growth overwhelmed strong demand, according to Bank of America Merrill Lynch.
SPECIAL REPORT: Major new engineering contracts show momentum is building for $60 billion of oil and gas projects in WA, but the issue of carbon policy has once again created an obstacle.
