Oil & Gas

Increased use of solar energy to power the gas industry could help curb Australia’s carbon footprint, according to a new report.

Woodside Petroleum has joined other resource sector heavyweights including Rio Tinto and BHP in deciding to mandate COVID vaccinations for all staff.

The state government is still working to clarify criteria for onshore gas projects to export, after it was revealed a Kimberley fracking proposal had been given the tick.

Record commodity prices and a flurry of M&A deals have defined the past year for listed resources companies.

Valmec shareholders have approved an acquisition by Altrad Australia in a $52 million deal announced in July.

A Supreme Court ruling has shed new light on contractual disputes on the mammoth Gorgon gas project as Chevron and contractor CKJV fight over $400 million in disputed payments.

Power generator TransAlta hopes to expand its renewable energy presence in Australia.

Strike Energy’s plan to extract gas in the Perth Basin will be subject to a review by the EPA, as the company's $2.3 billion Geraldton urea plant proposal passes another milestone.

Wood Group has developed an artificial intelligence program to speed up inspection work on offshore oil and gas assets.

The Supreme Court has set a December date to hear a challenge to environmental approvals for Woodside Petroleum’s Scarborough project.

Woodside’s purchase of BHP’s oil assets is close to the biggest deal by a WA company.

Petrol prices have struck their highest level in 20 months, despite cars being used less because of coronavirus lockdowns.

Perth’s Woodside Petroleum has formed another joint venture in South Korea, aimed at converting the country’s bus fleet from diesel to hydrogen.

Santos and Oil Search have struck an agreement to merge their businesses through an all-scrip deal worth $21 billion.

Shares in Norwest Energy rocketed today after venture partner Mineral Resources hit gas at Lockyer Deep in the Mid West.

The oil and gas sector has strongly criticised the state government’s new resources sector strategy, saying it failed to focus on policies needed to achieve future success.

The state’s peak environmental body has thrown its support behind Perth-based Perdaman Industries’ $4.3 billion Burrup urea project, recommending the proposal be approved.

Clearer exceptions to the state’s onshore gas export ban, and finalised fracking rules, will help WA attract continued investment, the petroleum industry had said in a parliamentary inquiry submission.

Santos has awarded a front end engineering contract for design, construction, and installation of the Dorado wellhead platform to Sapura Energy.

The state government must cut environmental approval times and rethink its new onshore export ban to make Mark McGowan’s gas-powered manufacturing plans a reality, a report shows.

Fuel distributor Ampol has pitched a takeover offer for a New Zealand company on the same day as declaring a return to first-half profit.

Worley will undertake engineering and construction management work at Chevron’s Jansz-Io compression project, after announcing a contract win today.

There are very few chief executives who get to announce a company defining multi-billion deal on their first day in the job. That’s what Meg O'Neill did last week.

Carbon capture and storage is one of several technologies we’ll need to adopt to meet our emissions targets.

Woodside Petroleum has swung back to a half-year profit a day after agreeing to acquire BHP's entire petroleum division in an all-stock deal.

Andrew Forrest's Squadron Energy has confirmed it will back out of a Kimberley oil and gas venture.

Woodside has confirmed plans to merge with BHP’s oil and gas business, with the new $40 billion entity to be led by Meg O’Neill.

Developing a hydrogen industry will be critical for WA’s economy if LNG fades, but there should be no illusion it will be simple.

Woodside Petroleum and BHP have confirmed today they are in discussions about a potential merger deal involving BHP’s entire petroleum business. Details could be announced as soon as this week.

Prosecutors have lost a bid for a retrial of Technip after alleged safety breaches in diving operations at Chevron’s Wheatstone.

The offshore oil and gas regulator has reiterated warnings to industry about crane use, after 29 dangerous incidents in 11 months.

Woodside Petroleum’s Scarborough gas project will now cost $US12 billion, about $US600 million more than first expected, after the company sharpened its plans.