Mineral Resources will seek out a partner to develop substantial oil contained within its Lockyer natural gas project in the Perth Basin, in a move it expects will slash fuel costs.
Woodside Energy has signed its first long-term supply deal into South Korea, securing an agreement with Korea Gas Corporation for output from its global operations.
Strike Energy chair John Poynton says recent test well disappointment at the South Erregulla project had caused a period of reflection at the company, but maintains the future is bright.
Woodside Energy reported a 74 per cent drop in net profit after tax during 2023 despite record production, attributed to write-downs on its Shenzi project and lower realised prices.
Andrew Forrest has used a National Press Club address to hit out at fossil fuels and nuclear energy, while calling on Australian policymakers to “get on with” facilitating a renewable revolution.
Woodside will sell a 15.1 per cent stake in its Scarborough LNG project to Japanese power generator JERA, under a deal worth an estimated $US1.4 billion ($2.13 billion).
Western Australia’s domestic gas policy settings require serious government intervention to protect industry, according to the interim report from the state’s inquiry into the matter.
Oil and gas producer Santos recorded a 42 per cent fall in underlying profit in 2023 off a 24 per cent reduction in sales revenue, reflecting lower received prices and less production volume.
Woodside Energy has flagged $US1.5 billion ($2.3 billion) worth of non-cash impairments for the 2023 calendar year, including a write-down on its share of output from the Wheatstone project.
Perth-headquartered Woodside Energy has mobilised the floating production storage and offloading facility to its Sangomar field in Senegal as it prepares for first oil production.
A probe into the Environmental Defenders Office has begun, as the federal government moves to review its funding into the organisation after the court judgment in Santos’s Barossa matter.
Asset write-downs pushed Beach Energy to record a statutory half-year loss of $345 million, as new managing director Brett Woods committed to undertake a review of business strategy.
A marine base set up to dismantle oil and gas platforms decommissioned by Chevron faces a legal threat from the Shire of Ashburton despite having state government approval.
The rules which help track the state’s natural gas supply-demand balance were breached almost 110 times in the last two years, the Economic Regulation Authority has revealed.
Santos and its joint venture partners will invest millions of dollars in Aboriginal communities, in the aftermath of the legal action involving its $U4.7 billion Barossa project.
LNG exporter Woodside Energy will adopt a United Nations methane reporting framework across its operations, in a move to assure the public of its responsible emissions management.
Beach Energy announced its production was down 4 per cent during the second quarter of the 2024 financial year, citing planned downtime at its Kupe and Lang Lang gas plants.
Perth-based Province Resources has referred its ambitious plan to build a large-scale green hydrogen and ammonia project in the Gascoyne to the environmental watchdog.
Western Australia will not cut funding to the Environmental Defenders Office, despite concerns over its conduct flagged in the Federal Court’s recent judgement on Santos’s Barossa project.
A Federal Court judge has raised concerns about the Environmental Defenders Office in an almost 300-page judgement over the $U4.7 billion Barossa gas project pipeline.
The Federal Court has lifted the injunction on Santos $U4.7 billion Barossa gas project, finding the evidence of claimed cultural heritage risks insufficient.
West Leederville-based oil and gas junior Calima Energy is set to sell its Canadian subsidiary to Astara Energy for a cash consideration of $83.3 million.
Pilbara Minerals will buy LNG from Woodside Energy’s Pluto facility for five years as part of a plan to slash emissions from its flagship Pilgangoora lithium project.
Woodside Energy will team up with four Japanese companies to study the potential of a carbon capture and storage value chain between Japan and Australia.
The board of Carnarvon Energy has been overhauled by major shareholders, less than a week after the company put out a succession plan to guide the appointment of new directors.
Santos has received regulatory drilling approval for its contentious Barossa natural gas project in the Timor Sea, despite ongoing challenges in the Federal Court.
Western Australia faces gas shortage over the next decade unless major new supplies are developed, with shortages more extreme from 2031 after the government shuts its coal-fired power stations.
A private exploration company chaired by Curtin University’s Brent McInnes has announced the discovery of a huge gas field that could underpin a new LNG plant in PNG.
