BP has decided to back out of the £978 million (USD $1.3 billion) acquisition of Woolworths' retail business in Australia.
Western Australia is a region characterised by its huge liquefied natural gas market, aiming to overtake Qatar as the world’s largest LNG exporter by 2020.
Australian firm Woodside has handed oil field service giant TechnipFMC the contract for upgrading the Pluto platform for water treatment.
Japanese firm Inpex said today that it had finished commissioning the central processing facility for the Ichthys LNG project off western Australia.
Energy giant Shell has released a video of special remotely piloted drones which are used to inspect thousands of wells and pipelines in Australia.
Wood has extended a deal to provide a range of services for the Gorgon Stage Two development off western Australia.
Australian firm Santos has received a revised $10.4billion takeover offer from US business Harbour Energy.
Australia is on track to match Qatar as the world’s biggest liquefied natural gas exporter next year. The boost to the budget bottom line? Virtually nil.
The Northern Territory (NT) government in Australia has lifted a moratorium on fracking.
An Aberdeen-headquartered oil firm has safeguarded 10 Scottish jobs after striking a deal to farm out 50% of a prospect in western Australia.
Aberdeen energy service firm Xodus Group has secured £2million worth of contracts in Australia and south-east Asia.
Indonesia’s state-owned oil company Pertamina has admitted it is responsible for a deadly oil spill in Borneo.
Aberdeenshire-based Stats Group is aiming to expand its operations in Australia through a new partnership.
A strong earthquake has shaken Papua New Guinea a month after a more powerful quake killed at least 125 people in the Pacific island nation.
Aberdeen-headquartered MInteg has opened its first international base in Australia for entry into the country’s oil and gas market.
Shell has struck a deal to sell its portfolio in New Zealand to Austrian energy firm OMV for £415million.
The government of Western Australia (WA) has unveiled plans to create a liquefied natural gas (LNG) jobs taskforce.
Australia and East Timor have signed a historic treaty drawing their maritime boundary, ending years of bitter wrangling over billions of dollars of oil and gas riches lying beneath the Timor Sea and opening a new chapter in relations.
Energy service giant Wood has won a five-year deal to provide engineering services for Inpex in Australia.
Saturation divers, who sustained brain damage while working on pipeline off the coast of Australia, have engaged a law firm to sue for damages.
Stena Drilling will supply a vessel for a campaign in Australian waters.
Woodside Petroleum has struck a $744million deal to buy ExxonMobil’s share of the Scarborough gas field in the Carnarvon Basin, offshore Western Australia.
Australian energy company AWE said today that it had received an “unsolicited” takeover offer from Japan’s Mitsui & Co.
More charges have been filed in an alleged multi-million dollar oil theft from energy major Shell.
An Iranian oil tanker that caught fire after colliding with a freighter off China's east coast is at risk of exploding and sinking, Chinese state media have said.