Oil & Gas

Low energy prices have caused $US4.4 billion of write-downs for Woodside Petroleum, as the company gave the markets an insight into valuations of major operations today.

Vikas Rambal’s dream to build a $4.5 billion Pilbara urea plant is forging ahead, with his Perdaman Industries appointing construction contractors, and flagging a mid-2021 final investment decision.

Woodside Petroleum has promoted four executives in its leadership team, with Meg O'Neill to be executive vice-president of the merged marketing and developments divisions.

Chevron may have fired the starter's pistol on a major ownership reshuffle of the North West Shelf Venture, after it announced it would put its 16.7 per cent stake in the operation, which includes a 16.9 million tonnes per year LNG facility near Karratha, on the market.

Oilex has signed a binding agreement with ASX-listed Armour Energy for the sale of its interests in the Cooper-Eromanga Basin in Queensland.

Water Corporation will supply Perth-based technology business Hazer Group with biogas from its wastewater treatment plant at Woodman Point, following an agreement signed between the two parties.

The team behind a planned green hydrogen project to be built near Dongara are hoping to raise $1 billion by the end of the year, while BP is undertaking feasibility on a plant close to Geraldton, less than an hour’s drive north.

GR Engineering Services has received a contract extension from the federal government for operations and maintenance services at the Northern Endeavour Floating Production Storage and Offtake (FPSO) vessel in the Timor Sea.

The Australian Renewable Energy Agency (ARENA) has made its latest contribution to the national hydrogen industry with $1.71 million of funding to BP Australia to progress a feasibility study for its proposed renewable hydrogen and ammonia plant in Geraldton.