Oil & Gas

Woodside signs deal with space agency

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.

WA resources sector reaches $127.4bn record

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.

Gas tanks but longer term looks good

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.

Contracts, challenges for $60bn of oil and gas projects

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.

Woodside, Evol aim to fuel ships boom

Tougher emissions standards for ships and a growing need for remote power options for miners could both be a boost for the domestic LNG market.

UGL wins $190m Woodside contract

CIMIC Group subsidiary UGL and joint venture partner Cape plc have secured works at Woodside Petroleum’s Karratha gas plant.

EPA retreats on carbon but questions remain

Emissions guidelines for a series of Western Australian energy mega projects are still unclear after the Environmental Protection Authority announced it would withdraw its net zero carbon policy, released last week, and head into months of consultation.

GLX announces partnership with OPIS

Online LNG marketplace GLX has announced a partnership with US-based information service OPIS to create LNG indices, a week after Woodside announced it had invested in the platform.

Equus price tag $US3.5 billion

Western Gas is continuing planning work on a project to produce gas from the Equus field at a near-shore floating LNG facility, with a probable price tag of $US3.5 billion.

Bhagwan wins Melbourne contract

Perth-based Bhagwan Marine has diversified its business beyond its traditional focus on northern Australia by winning a marine maintenance contract at Port of Melbourne.

AHG falls from ASX 200, six WA companies join ASX 300

Automotive Holdings Group has slipped out of the benchmark S&P/ASX 200 index, while six Western Australian companies have moved into the S&P/ASX 300 index.

WA govt rejects EPA carbon neutral advice

A recommendation by Western Australia's environmental watchdog that new emissions-intensive projects should be carbon neutral has swiftly been rejected by the state government.

EPA recommends carbon emissions crackdown

The Environmental Protection Authority has recommended that operators of future major projects in Western Australia pay to offset their carbon emissions, in order to help Australia meet its climate change obligations.

Wheatstone domgas gets pumping

Chevron has announced its Wheatstone domestic gas plant is ready to begin regular supply, two months after successful test flows into the market and two years after the first LNG shipment.

Woodside, Santos pressed on carbon targets

Woodside Petroleum and Santos, Australia's top two independent gas producers, are being urged by activist investors to set carbon emissions targets to help limit climate change.

Election a prelude to sovereign risk questions

Major changes to government policy after the federal election could risk future investment in backfill gas projects, some of which are already quite marginal, according to Shell Australia chair Zoe Yujnovich.

US output data curbs rising oil prices

Oil prices touched their highest since mid-November on Friday and posted weekly gains for the second week in a row, boosted by hopes that US-China trade talks would soon produce a deal, although new record US oil supply limited gains.

Australis to raise $30.5m

Australis Oil & Gas is seeking to raise $30.5 million via a share placement, with the funds set progress its Tuscaloosa Marine Shale project in the US.

Woodside aiming for 2020 go-ahead on mega projects

Western Australia will know as early as next year if Woodside Petroleum's Scarborough, Pluto and Browse gas projects, worth a combined $36 billion, will be given the green light, as the business posted a 28 per cent rise in profit today.

Imdex extends Flexidrill assessment

Mining equipment supplier Imdex has extended its option to purchase New Zealand company Flexidrill and its patented technologies to the end of 2019.

Zenith to build 14.5MW power station

Zenith Energy has signed a power purchase agreement for a 14.5-megawatt power station at the Kirkalocka gold project.