May 30, 2024
The loan for the Scarborough project, which is scheduled to deliver its first LNG shipment in 2026, will come from the Japan Bank for International Cooperation. The public financial institution has stepped-up efforts to secure LNG, including granting loans for fuel purchases.
May 09, 2024
The government released a long-term framework, called the Future Gas Strategy, on Thursday to establish natural gas’s role in the transition to cleaner energy, as it looks to meet a target for net zero by 2050.
May 01, 2024
The SABER Tool, based on a concept originally designed by Shell, deploys a unique internally directed fluid pressure differential system for steering rather than using pads or pistons. B
April 11, 2024
Both Macedon and Pyrenees will remain within the Australian operations portfolio and focus on maintaining safety and production performance. Both assets help ensure energy security and reliability of natural gas supplies in Western Australia.
March 26, 2024
The SS-1H well in EP117 achieved an average 60-day initial production (IP60) flow rate of 3 MMcfd over the 1,644-foot (501 m), 10 stage stimulated length within the Amungee Member B-Shale, normalized to 6 MMcfd over 3,281-ft (1,000 m).
February 13, 2024
Investors have been looking for clues on Woodside’s next move after talks to create a A$86 billion ($56 billion) company with Santos ended. Santos’s portfolio would have made Woodside one of the biggest LNG producers in the Asia-Pacific, but executives warned any deal would need to reflect low premiums in recent oil and gas transactions.
February 07, 2024
Woodside Energy Group Ltd. and Santos Ltd. have ended tie-up talks that would have created an Australian gas export powerhouse, leaving the smaller Adelaide-based producer under pressure to consider asset sales and other options to boost its lagging valuation.
February 05, 2024
Australia’s oil and gas industry has called on the government to use the Federal Budget to urgently unlock new gas supply to avoid forecast shortages, put downward pressure on prices and secure the economic and emissions reduction benefits of the country's abundant natural gas resources.
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