News Articles

Contracts 20 Dec 2022

Woodside strikes Western Gas agreement

Woodside Energy and North West Shelf project participants have agreed to process up to three million tonnes of gas per annum from Western Gas' Equus project using Woodside infrastructure.

Oil & Gas 01 Sep 2022

Win for Karratha carbon capture plan

A Woodside-led cohort of oil and gas majors has been granted a permit to evaluate the potential of turning a depleted gas field off the coast of Dampier into a carbon capture and storage project .

Oil & Gas 03 Mar 2021

Price recovery gets projects pumping

Decisions on two big gas projects are due, $12 billion of chemical projects are under consideration, and a decommissioning timebomb awaits.

Great for the State 06 Nov 2020

Energy boosts smarter society

Ambitious technology development in oil and gas makes the industry competitive but brings broader benefits to WA.

Great for the State 17 Jul 2020

White elephants and golden opportunities

Visionary infrastructure projects can drive huge advancement in regional communities, but the challenge is investing money wisely.

Special Reports 03 Mar 2020

Next boom nears as projects progress

SPECIAL REPORT: Decisions are expected on three major oil and gas projects worth $24 billion combined in 2020, with more to follow.

Mining 17 Jan 2020

$10bn tax bill for resources

Nine WA-linked resources businesses are ranked among the country's top 20 corporate taxpayers, despite a widespread perception the industry does not pay its way.

Oil & Gas 16 Jan 2020

Julimar next in Woodside plan

Drilling on phase two of the Julimar-Brunello gas development will begin this quarter as part of a US$4 billion ($5.8 billion) capital expenditure drive by Woodside Petroleum in 2020.

Cultural Industries 17 Dec 2019

Museum heralds new era for arts advancement

With construction nearing its end point, the WA Museum is shifting its focus to content development at the state's newest cultural facility.

Great for the State 07 May 2019

From gas to lithium, WA powering the world

The state is developing from a gas exporter to produce a range of energy commodities and technological innovations, with energy exports to potentially hit $50 billion in a decade.

Energy 13 Mar 2019

Uncertainty hangs over Browse, Scarborough emissions

Woodside Petroleum has warned it would need to ramp down production at the Burrup Hub in the mid 2020s if the state government does not land on an emissions policy that would support the company's $46 billion of backfill projects.

Oil & Gas 25 Oct 2018

Production under way at GWF-2

Gas is flowing at Woodside Petroleum's Greater Western Flank-2 project, an extension of the North West Shelf Venture, with the company saying costs came in 30 per cent under budget.

Energy 14 Sep 2018

Chevron to browse Clio, Acme options for backfill

Chevron's Clio and Acme gas fields could provide backfill supply for an existing LNG plant, most likely North West Shelf Venture's Karratha facility, under a plan to be unveiled by the company's Australian managing director Nigel Hearne this afternoon.

Oil & Gas 19 Jul 2018

Browse, Pluto expansion moving forward

The much anticipated Browse LNG project has taken a step forward with partners arriving at an early stage agreement on pricing to pipe gas through an existing Karratha plant, while a proposed second train at Pluto LNG now looks likely to be much larger.

Energy 17 Jul 2018

Gorgon leads way as LNG exports pass $30bn

A doubling of production at Chevron's Gorgon LNG plant has helped boost national exports of the fuel 38 per cent to $30.8 billion in the year to June 2018, according to consultancy Energy Quest.

Energy 12 Mar 2018

Woodside, BHP in Scarborough JV

Woodside Petroleum has taken a small step on the potential Scarborough LNG project, signing an agreement with co-owner BHP Billiton to become the operator of any future development and granting the miner an option to increase its share of the project by 10 per cent.

Agribusiness 16 Oct 2017

Foreign capital boosts growth

SPECIAL REPORT: Mitsui & Company, Shell and Itochu Corporation are among a swag of businesses that have made substantial investments in the state's exporting industries over the decades, showing that foreign investors can contribute without directly operating assets.

Energy 16 Aug 2017

Acquisition could boost NWSV life extension case

Some of the North West Shelf Venture partners might either sell their stake in the operation or take an equity interest in potential projects such as Browse as one potential solution to find backfill liquids for Karratha gas plant in the next decade, according to a report by Wood Mackenzie.

Mining 23 Mar 2017

Mitsui in the frame after Walsh appointment

The appointment of Sam Walsh as a director of Mitsui & Company this week has brought attention to the usually low-profile Japanese multinational, which according to BNiQ Search Engine data has been a major investor in Western Australia's resources industry and is one of the state's largest exporters.

Energy 13 Feb 2017

Civmec weathering tough market

A currency depreciation and weak market conditions for resources companies have driven net profit after tax down by 42.9 per cent at Henderson-based contractor Civmec.

Energy 17 Jan 2017

WA LNG steady while national exports grow

National LNG exports were up 38 per cent in 2016, but Western Australian facilities did not contribute to the increase despite first gas being produced at Chevron's Gorgon project, according to the latest research from EnergyQuest.

Energy 24 Oct 2016

Energy, gold players building export case

Iron ore producers have maintained their dominance over the BNiQ Search Engine Biggest Exporters list, as LNG producers are slow to start up. Click through to see the annual list of the state's biggest exporting companies.

Energy 11 Oct 2016

WA LNG exports to be 25mt in FY17

Western Australian gas producers shipped 2.2 million tonnes of LNG in September as quarterly exports were up 45 per cent nationally on last year, according to consultancy EnergyQuest.

Energy 05 Aug 2016

Woodside, Synergy in gas deal

A short term domestic gas contract between Woodside Petroleum and electricity generator Synergy is the first such deal since the North West Shelf Venture partners moved towards separate marketing of their production.

Energy 12 Jul 2016

LNG exports up in June

Australia's enormous LNG investment boom is starting to pay trade dividends, with exports up 18.5 per cent in the month of June to 3.6 million tonnes, largely to Japan and South Korea.

Energy 01 Jul 2016

Return cut in DBP decision

Dampier to Bunbury Natural Gas Pipeline owner-operator DBP says pricing for the gas transmission line set by the Economic Regulation Authority today won't be enough to earn a rate of return suitable for prevailing market conditions.

Energy 21 Apr 2016

Chaney disappointed by Woodside vote

Woodside Petroleum has received a first strike against its remuneration report, with about 27.6 per cent of shareholders voting against it, while chairman Michael Chaney has flagged he may not step down at the next AGM as previously suggested.

Energy 20 Apr 2016

Revenue drop for Woodside

March quarter revenue was down by nearly a third on the same period last year, Woodside Petroleum revealed today, although it flagged that it was continuing work with Hess on gas processing from the Equus field.

Energy 04 Apr 2016

Staying afloat in tough LNG market

SPECIAL REPORT: Western Australia's next major greenfields liquefied natural gas project could be a decade away after Woodside last month decided against further progressing its Browse floating LNG facility.

Energy 29 Feb 2016

Turnbull to visit Perth in April

Prime Minister Malcolm Turnbull will join a range of international energy leaders in Perth to open the LNG 18 global conference in mid-April.

Energy 25 Feb 2016

Hess moving forward on Equus

Today at AOG: US petroleum company Hess is pursuing development of its Equus gas field off the Pilbara coast, with senior manager Andrew Drayton telling the Australasian Oil & Gas conference today it would proceed with a variety of tendering opportunities this year, including for subsea work.

Energy 25 Jan 2016

Domgas drop could cause price spike

Despite falling oil prices, projections are showing that local consumers and industry could be paying much more for gas in 10 years' time.

Energy 03 Dec 2015

Low price won't dent LNG flow: report

Analyst firm EnergyQuest has predicted lower liquefied natural gas prices will not lead to Australian operations switching off or cutting back production, in its latest quarterly review of the industry.

Energy 30 Nov 2015

‘Misleading’ domgas report review call

The latest official report into Western Australia's gas supply and demand outlook has raised the ire of a group of major domestic gas users, which says some of its key findings are misleading and called for an independent review into how the report is compiled.

Agribusiness 19 Oct 2015

Currency drop provides export relief

SPECIAL REPORT: Earnings for the state from the powerhouse minerals and energy industries have softened, but agriculture, among other sectors, will create opportunities. Business News also takes an in depth look at Bunbury port, where a big expansion plan needs community backing and solid regional demand growth.

Energy 12 Oct 2015

News Articles for North West Shelf Venture

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