Carnarvon Energy hopes a final investment decision will be made on the Dorado oil project by the end of 2024, as the Santos-led joint venture explores cost reduction at the field.
Carnarvon Energy's new chief executive Philip Huizenga will take a salary 20 per cent lower than his predecessor in the role, as the company rebuilds from a board overhaul last year.
Empire Energy will pay down its US debt to Macquarie and put a bit over A$3m in the tin to chase gas in the Northern Territory's Beetaloo basin after offloading its US oil and gas assets for about A$14 million. The company is poised to take on the Australian east coast gas supply dilemma with its Beetaloo ground modelled to generate a project net present value for phase two of $2.5 billion and $14.5 billion for phase three.
Australian oil and gas plays Woodside Energy and Santos must act swiftly as the global market for LNG declines, according to a report from the Institute for Energy Economics and Financial Analysis.
A planning dispute at Onslow has illustrated one of the many issues facing the oil and gas sector as it proceeds with a huge decommissioning challenge.
Oil and gas company Santos will have to deal with a native title claim over its $3.5 billion Narrabri project area, after the Federal Court allowed the Gomeroi people's appeal.
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.
A newly formed nationwide group will seek to present a unified voice to protect and consult on sea country, where flashpoints between traditional owners and industry are emerging.
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.
Mark Beyer and Mark Pownall discuss the battery metals shake out; Santos legal delay impacts; high energy prices; HBF cost cut; McCusker charity news, and a magazine preview.
LNG producer Santos has put a cost on the delays caused by court action against its Barossa project, flagging a capital expenditure blowout as high as $450 million.
Wholesale electricity prices in WA were double the national average in recent months, driven higher by the November heatwave and the increased cost of managing a restructured market.
Woodside Energy chief executive Meg O'Neill says the company is ‘off to the races' at its Scarborough energy project, after recording record production in its first year post-BHP Petroleum merger.
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.
Santos has received regulatory drilling approval for its contentious Barossa natural gas project in the Timor Sea, despite ongoing challenges in the Federal Court.
Santos boss Kevin Gallagher says the company is “no orphan” in the regulatory challenges it faces at its stalled Barossa project, while suggesting delays may impact future investment decisions.
The risk of irreparable damage to cultural heritage outweighed Santos's potential loss of $1 million a day if the injunction over its Barossa project was not granted, the Federal Court has found.
Federal resources minister Madeleine King has told the state's Energy Transition Summit that industry must take some of the blame for a lack of timely project development.
Santos chief executive Kevin Gallagher has called for a better regulatory system after the Federal Court extended an injunction on the company's $US4.7 billion Barossa project.
The boss of Australia's native title lobby has warned Indigenous groups cannot be pushed into fast-tracking reforms after a string of high-profile court wins against oil and gas projects.
Santos has vowed to “vigorously defend” Federal Court proceedings launched by Tiwi traditional owners over the oil and gas company's $US4.7 billion Barossa project.
Resources minister Madeleine King has acknowledged there is an urgent need to clarify consultation requirements after the Federal Court overturned approvals for a second project last week.
Carnarvon Energy management has used the company's annual report to vent “personal frustration” over Dorado JV partner Santos' delay in announcing a final investment decision.
South32 has fired a salvo at the state's gas producers, accusing them of forcing unreasonable terms on buyers and calling on the state government to enforce a use it or lose policy over gas fields.
Our weekly appointments wrap includes Tom Plant, Patrick Gorman, Brendan Bate, Brett Woods, Alan Stuart-Grant, Brett Darley, David Banks and Sarina Claassens.
The partners behind the Papua liquified natural gas plant have begun fully integrated front-end engineering and design work, taking the project closer to completion.
As criticism of the government's energy market intervention settles, Madeleine King is focused on pushing Australian resources to the fore of the global energy transition.
Production has resumed from Santos' John Brookes offshore platform in the Carnarvon Basin after a gas leak took the operation offline for more than two months.
