Oil & Gas

Prime Minister Anthony Albanese has revealed his visits to Brunei and South Korea have secured 100 million litres of additional diesel for Australia.

The oil crisis has improved the prospects of Santos' long-delayed Dorado oil project off the WA coast, according to management at the Adelaide-headquartered producer.

Chevron, Shell and BP have warned new taxes will discourage investment in Australia, ahead of a senate committee into Australia's gas tax regime.

Japanese LNG producer Inpex will divert a condensate cargo from its Ichthys project off the WA coast to domestic refiners in the east, in a bid to support the nation's fuel security.

US-based Chevron Corporation's Australian business unit made $1.4 billion less year-on-year in 2025, according to its annual report.

Woodside Energy has touted the oil potential of the United States, after its joint venture partner Occidental made a discovery at the Bandit prospect off the coast of Louisiana.

Chevron has restored domestic gas supply from its damaged Wheatstone facility following Tropical Cyclone Narelle, but export production remains a work in progress.

The federal government has signed new deals with fuel companies Ampol and Viva, which underwrite spot purchases of cargos normally deemed commercially risky.

Union-aligned workers at Inpex's Ichthys gas facility could walk off the job, after the Offshore Alliance applied to escalate stalled negotiations over conditions.

Woodside Energy has returned its North West Shelf gas operations to production, following last week's cyclone.

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Buru Energy chief executive Thomas Nador has resigned from the Canning Basin gas project developer for health reasons.

AGL Energy has formally committed to building a $490 million expansion of its gas-fired Kwinana power operation to supply the state's main electricity grid.

In a series of media interviews on Tuesday morning, Foreign Minister Penny Wong said she'd had recent “engagement” with her United States counterpart Marco Rubio about the war with Iran.

The state's largest gas user, Alcoa, has been forced to pull back production at its Wagerup and Pinjarra alumina refineries in the wake of Tropical Cyclone Narelle.

Woodside says it remains committed to capturing and storing emissions from its proposed Browse gas project, despite pulling a plan from the regulatory process.

Chevron expects the restart of its cyclone-impacted Wheatstone operation to take weeks, as it grapples with damage at the facility near Onslow.

Premier Roger Cook has warned fuel suppliers that he could invoke legislative powers to get greater transparency over their market, in the latest WA fuel crisis development.

Woodside Energy and Chevron have both confirmed production impacts from Tropical Cyclone Narelle, with LNG and domestic gas supply interrupted.

Fuel stations and suppliers which unfairly raise prices will be hit with fines of up to $100 million under new laws which passed parliament today.

Woodside Energy has assumed full operational control of its Texas ammonia plant, as it navigates delays in its push into the lower-carbon market.

Bhagwan Marine will build on the success of its first-ever decommissioning project, with the award of a contract for works to remove moorings and buoys at Barrow Island.

Industry groups have bristled at suggestions the natural gas industry could face new taxes, after the ABC reported the federal government was exploring its options.

Former Anglo American chief executive Mark Cutifani has joined the board of Woodside Energy, with speculation he could be in line to replace chair Richard Goyder.

Woodside chair Richard Goyder is confident that candidates overlooked for the role of chief executive will support new boss Liz Westcott, as she settles into the role.

Liz Westcott has been appointed the full-time chief executive of Woodside Energy, winning the race three months after stepping into the role in an acting capacity.

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Japan's largest electricity producer has agreed to divest stakes in the Gorgon and Ichthys LNG projects to US-based MidOcean Energy for an undisclosed sum.

Industry and state governments have identified the onshore Canning Basin as the next great gas frontier, but extraction issues remain.

The largest Japanese buyer of Australian LNG has warned it will look elsewhere from 2035.

Woodside Energy has started drilling at its Trion oilfield in the Gulf of Mexico, in a bid to fully develop the $10.2 billion asset ahead of first oil in 2028.