The market celebrated another strong quarter from Woodside Energy, while fellow oil and gas player Santos has trimmed expected major project spending after drilling was halted at Barossa.
The state’s environmental regulator wants Chevron’s Gorgon LNG plant to hit net zero by 2050, and to offset any reservoir emissions that are not captured and stored underground.
The Northern Territory government’s lawsuit against energy giant Eni has been put on ice, with the pair sent for private peace talks to resolve their ongoing gas supply stoush.
The Australian Government has agreed to provide a third loan to support the giant Perdaman urea project in the Pilbara, taking its total commitment to $475 million.
Santos will appeal a shock court decision to scrap a key approval for the Barossa gas project, and called for urgent action to avoid investment risk flowing to projects across the country.
Santos has largely failed in its bid to pick holes in Newcrest Mining’s top-secret lawsuit against it, which hinges on claims the energy giant breached their gas supply deal.
Australia’s biggest gold producer is suing Santos over an alleged breach of their long-standing gas supply deal, but much of the lawsuit is being shielded from public view.
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 .
Woodside Energy boss Meg O’Neill says upheavals in global energy markets during the past six months have shone a spotlight on the role of gas, as the business lifts profits to $US1.8 billion.
Operations on Shell’s Prelude FLNG facility are expected to resume after weeks of industrial action, with the energy giant agreeing to union demands for pay rises and better job security.
Perth-based gas explorer Asset Energy is reviewing its legal options against former prime minister Scott Morrison following the revelation of his secret ministerial roles.
Woodside Energy has removed four wells from plans for the Browse LNG project, reducing the impact on a green turtle nesting habitat, environmental documents show.
Carnarvon Energy shares fell sharply after the explorer and joint venture partner Santos put a final investment decision for a significant WA oil development on ice.