Survey completed at giant Australian oil and gas basin
A survey completed at a basin off the coast of Australia thought to hold at least 1 billion barrels of reserves. Image courtesy of Melbana Energy Aug. 14 (UPI) — Continue Reading
Australian states delay approving new energy policy
Australia’s states on Friday held off approving a plan to end more than a decade of climate and energy wars and spur investment in new power supply, disappointing industry seeking Continue Reading
Surveys begin at potential Australian oil and gas giant
Australian energy company Melbana said surveys have started in the Beehive prospect, one of the largest undrilled prospects in the country. The country said seismic surveys were under way and Continue Reading
Australia Looks To Tackle Its Looming Gas Shortage
In a strange about-face for the world’s soon to be top liquified natural gas (LNG) exporter, Australia is now considering importing the fuel. On Monday, ExxonMobil, Australia’s top gas supplier, Continue Reading
ExxonMobil Looks To Build LNG Import Terminal Off Australia’s East Coast
ExxonMobil plans to develop a project to import liquefied natural gas (LNG) on Australia’s east coast that has been suffering from gas shortages lately. The U.S. supermajor is planning for Continue Reading
Chevron seeks shake-up in how Australia develops gasfields
Chevron has completed construction of two massive liquefied natural gas plants in Australia at an eye-watering cost of $88bn — and is wasting no time in trying to change how such Continue Reading
Shell feeds gas to Australia’s new Prelude floating unit
Royal Dutch Shell has introduced gas to its 490 meter (1,600 ft) long Prelude floating liquefied natural gas (FLNG) unit as part of the cooling process before start-up, a spokeswoman Continue Reading
How the world’s biggest private equity oil and gas industry bid collapsed
Blame it on Trump, Iran or Venezuela. Rising oil prices combined with a heavy debt load killed the world’s biggest private equity oil and gas industry deal last week. Harbour Continue Reading
In the black: Asian flour mills turn to Black Sea region for wheat
Asian flour millers are set to buy record volumes of wheat from Black Sea producers in 2018 as traditional supplier Australia faces a second year of drought and as demand Continue Reading
Race on to boost gas supply to Australia’s east coast
A pipeline across Australia and gas imports from as far away as the United States are on the drawing board as the country races to plug a domestic supply gap Continue Reading