Treasurer Jim Chalmers has signalled the federal government will tighten the Petroleum Resource Rent Tax to bring in more revenue after Treasury completed a major review.
AOG: Woodside will spend $US2 billion on decommissioning by the end of the decade, while Chevron has touted a similar value for local contracting work on Jansz-Io.
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.
Oil and gas company Inpex has failed in its bid to have separate trials over issues arising from the construction of $US45 billion Ichthys LNG plant project.
Australian-listed explorers raised a bolstered $3.02 billion during the December quarter after lithium and gold topped the charts for the most funds secured.
After trebling profits following 12 months of surging oil and gas prices, Woodside Energy is considering growing its asset portfolio, chief executive Meg O'Neill says.
Seven Group chair Ryan Stokes has sought to ease tensions with Andrew Forrest after revelations the Fortescue Metals Group chair took a swipe at the Stokes empire over a trucking deal.
A Perth-based gas explorer has succeeded in challenging a decision by former prime minister Scott Morrison concerning the company's petroleum exploration permit.
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.
Costs to develop Beach Energy and Mitsui & Co's Waitsia gas project could climb to $850 million, as Webuild prepares to take over the old Clough contract.
