Fast-moving plans for a Santos-led carbon capture and storage (CCS) project at the Bayu Undan field offshore East Timor, that would see the nation import Australia’s waste, have been described as “carbon colonialism” by independent thinktank La'o Hamutuk.
Norway's BW Offshore (OL:BWO) said that the Barossa floating production storage and offloading (FPSO) vessel project for Santos (ASX:STO) is experiencing some cost increases due to price inflation for materials.
A $12 billion liquefied natural gas (LNG) investment approved in Australia leads a wave of projects betting demand will rise as the world shuns more polluting alternatives like coal.
Woodside’s (ASX:WPL) $12 billion Scarborough and Pluto Train 2 project, which was sanctioned yesterday, is expected to supply liquefied natural gas (LNG) into Asia at a more competitive price compared to US LNG export developments.
Woodside (ASX:WPL) has taken a final investment decision (FID) on the giant $12 billion Scarborough and Pluto liquefied natural gas (LNG) project in Australia.
The Conservation Council of Western Australia says the proposed Woodside-led Scarborough liquefied natural gas (LNG) project could contravene federal environmental protection laws, reported the Australian Financial Review.
McDermott will provide engineering, procurement and construction (EPC) services for a booster compression platform at the Inpex-operated Ichthys liquefied natural gas (LNG) project in Australia.
Chevron (NYSE:CVX) has suspended production from Train 1 at its giant Gorgon liquefied natural gas (LNG) export plant in Australia since 16 November following the detection of a minor gas leak.
A 15% share in the Shell-led Crux gas field offshore Australia, that will help backfill Shell’s (LSE:RDSA) Prelude floating liquefied natural gas (LNG) project, is expected to fetch between $200 million and $400 million, after being put up for sale by Seven Group, industry sources told Energy Voice.
Equity in the Shell-led Crux gas field offshore Australia, that will help backfill Shell’s (LSE:RDSA) Prelude floating liquefied natural gas (LNG) project, is up for sale, as the joint venture partners move closer to a final investment decision (FID).
Australia’s Woodside (ASX:WPL) said today that its chief financial officer has resigned just as the liquefied natural gas (LNG) developed is seeking to finalise a A$41 billion (US$30.1 billion) merger with BHP Petroleum.
Australian exports of liquefied natural gas (LNG) are likely to be zero in 2050 as all the existing projects are expected to have exhausted their proved plus probable (2P) reserves by then, EnergyQuest warned in its latest report.
Woodside (ASX:WPL) has struck a deal to sell a 49% interest in its proposed Pluto Train 2 liquefied natural gas (LNG) export project in Western Australia to fund manager Global Infrastructure Partners (GIP). Significantly, LNG from the project is claimed to be one of the lowest carbon intense sources of the fuel to be delivered into Asia, attracting GIP.
Santos (ASX:STO) is partnering with Australia’s national science agency, CSIRO, to develop what is hoped could become the lowest cost direct air capture technology in the world.
Woodside (ASX:WPL), bp (LON:BP) and Japan Australia LNG (MIMI), which is owned equally by Mitsubishi and Mitsui, have agreed to form a consortium to progress feasibility studies for a large-scale, multi-user carbon capture and storage (CCS) project near Karratha in Western Australia.
Santos and joint venture partner Beach Energy have given final investment approval to proceed with the $165 million (A$220 million) Moomba carbon capture and storage (CCS) project in South Australia with start-up expected in 2024. But critics say Australian tax payers will be footing the bill for the emissions reductions effort and not the fossil fuel companies.
Australia needs outside help and equipment as it starts a mega offshore decommissioning journey that is expected to cost more than A$50 billion (£27 billion). Significantly, companies with North Sea experience look set to play a pivotal role as the market evolves.
Centre of Decommissioning Australia (CODA) has appointed its inaugural supervisory committee to boost its strategic focus and expertise as it tackles the challenges and opportunities of decommissioning Australia’s ageing oil and gas infrastructure.
The integration of solar energy into Australia’s liquified natural gas (LNG) industry could dramatically reduce Australia’s carbon footprint while also creating thousands of additional jobs, according to the latest research by government-funded NERA (National Energy Resources Australia) and Charles Darwin University (CDU).
Australia, one of the world’s top per-capita polluters, finally agreed to a plan to zero out its carbon emissions by 2050 but fell short of committing to harder short-term targets demanded by climate activists.
Origin Energy (ASX:ORG) is set to sell a 10% share of its Australia Pacific LNG export project to global energy investor EIG in a deal worth $2.12 billion.
Australia’s Santos (ASX:STO) delivered record quarterly sales revenue of US$1.14 billion and record quarterly free cash flow of US$359 million.
Australian LNG developer Woodside (ASX:WPL) said today that it is on track for a targeted final investment decision (FID) on the Scarborough and Pluto Train 2 developments before the end of this year. The company is also benefitting from strong liquefied natural gas (LNG) prices.
Despite a proposed carbon capture and storage (CCS) scheme, the Santos-led (ASX:STO) Barossa liquefied natural gas (LNG) project in Australia, will continue to release financially risky carbon dioxide emissions onsite, onshore and across the supply chain. This makes it one of the more expensive and dirtiest gas projects in the world, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA).