An ambitious hydrogen project in western Australia that seeks to become the world’s largest renewable energy export facility got a boost by winning major project status from the government.
Total has delivered its first cargo of carbon neutral LNG to China National Offshore Oil Corp.’s (CNOOC) Dapeng terminal.
Biting costs mean less than half of the planned pipeline of green hydrogen projects globally is likely to be up and running by 2035, according to Rystad Energy.
Oilex has said it will continue to “review business opportunities” in high potential areas despite taking a financial hit due to the Covid-19 pandemic.
A BP worker who was sacked for mocking management using a meme of Hitler has won a compensation claim for nearly £110,000.
Aberdeen’s EnerMech has secured a contract to provide mechanical, electrical and instrumentation (ME&I) services on the next stage of WestConnex, Australia’s largest road infrastructure project.
Shifting political dynamics in East Timor hint at a change in direction for the petroleum sector as Woodside values the country’s proposed Greater Sunrise project at zero.
Oil and gas drilling is on course for a "staggering" 20-year low, according to consultancy Rystad Energy.
New research has named ExxonMobil as the least "resilient" supermajor to weather the current oil downturn.
Engineering giant Worley has cut another 1,900 jobs globally in response to the Covid-19 crisis.
Sonangol has signed a deal to farm in to a block onshore in Cuba, under an agreement with Australia-listed minnow Melbana Energy.
Australia is seeking to cut emissions in one of the world’s biggest per-capita polluters by encouraging oil firms including Chevron Corp. and Woodside Petroleum Ltd. to invest in carbon-reduction projects.
More assets are expected to hit the market across Asia Pacific this year following the sustained drop in global oil prices and the COVID-19 pandemic, which has destroyed energy demand growth as economic activity contracts.
Lower long-term LNG prices could encourage coal-to-gas switching in Northeast Asia, while Chinese LNG demand is also expected to expand this year, albeit at a slower rate, as China gets back to work.
Despite a recently announced planned capital raising, Australian-listed Oil Search, which has major stakes in Papua New Guinea’s emerging LNG sector, is a prime takeover target, as mergers become more likely in a low oil price world.
Subsea 7 has announced the award of new contracts off the coast of Australia and the US Gulf of Mexico.
Equinor ASA has dropped plans for oil drilling deep in the ocean off Australia’s south coast following a sustained campaign from environmentalists who said the project posed too big a risk to the vast and unique marine ecosystem.
An Aberdeenshire oilfield chemistry firm is hailing the start of a new era as one of the pioneers of the market hands over the reins to his son.
Australia is set to add a record amount of renewable power in 2020, driven by growing corporate demand for clean electricity and to fill generation gaps created by the retirement of aging coal-fired plants.
Energy services giant Wood has secured a £100 million, three-year contract extension to provide maintenance on Melbourne's water infrastructure.
The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many E&P boardrooms in 2019, but the impact on exploration drilling is not yet apparent.
Australian LNG exports will rise to 81 million tonnes in 2019-20, according to the country’s new Resources and Energy Quarterly (REQ), although the value of these will decline.
U.S. energy giant Chevron will buy Australia's Puma Energy for about $292 million to provide more fuel distribution support in the Asia-Pacific region.
Southeast Asia and Australia are set to take centre stage in the region’s upstream M&A activity as private equity companies sense a value opportunity.
Qatar Petroleum (QP) intends to produce 126 million tonnes per year of LNG by 2027, from its current level of 77mn tpy.