The global sweep of COVID-19 and the resultant fall in oil prices is likely to delay Australia’s next wave of liquefied natural gas (LNG) projects, advisory firm Wood Mackenzie (Woodmac) said on Thursday.
Oil and gas major Santos has already said that…
Aus LNG projects likely to be deferred – Woodmac Read More »
Oil and gas major Woodside on Wednesday moved to allay employment concerns, telling Mining Weekly Online that recent staff cuts would not be permanent.
The Australian Workers Union earlier this week claimed that some 900 staff has been stood down at …
Job cuts not permanent – Woodside Read More »
The Queensland government has granted two junior explorers the right to explore and develop gas on 164 km2 of highly prospective land in south-west Queensland.
Mines Minister Dr Anthony Lynham said the blocks were close to existing gas infrastructure …
Qld releases gas acreage Read More »
The Australian Worker’s Union (AWU) has lashed out at oil and gas major Woodside, claiming that it had stood down 500 of its workers both at the Karratha gas plant and at the Pluto liquefied natural gas (LNG) project “without a word of explanation or a…
Woodside cuts 900 staff – AWU Read More »
JSE-listed petrochemicals company Sasol has appointed Katharine Harper independent nonexecutive director and audit committee member, effective April 1.
Harper, who is based in the US, is currently the CFO of global logistics company BDP International…
Sasol appoints Harper to board, audit committee Read More »
The upstream oil and gas sector was facing unprecedented uncertainty with the massive fall in the oil price and the uncertain market environment brought on by Covid-19, industry analyst Wood Mackenzie (Woodmac) has reported. In a research note, Woodmac…
Oil and gas producers in for tough times – Woodmac Read More »
Oil and gas major Santos has announced plans to cut planned capital expenditure and reduce production costs in response to the Covid-19 pandemic and the falling oil prices. The ASX-listed company would reduce planned capital expenditure for 2020 by so…
Santos defers Barossa and PNG expansion plans Read More »
ASX-listed Oil Search has placed staff and operations in Papua New Guinea (PNG) on lockdown after that country reported its first cast of COVID-19.
Oil Search on Monday said that the company has been monitoring COVID-19 since early in the year, and ha…
Oil Search takes precautionary measures in PNG Read More »
The Australian Petroleum Production and Exploration Association (Appea) and the Australian Pipelines and Gas Association (APGA) on Friday said that their members were working to ensure the delivery of essential gas supply to local customers amid the Co…
Australian oil and gas supply secure – Appea Read More »
Oil and gas producer Oil Search has cut its capital expenditure for 2020 from between $710-million and $845-million, to between $440-million and $530-million on the back of global market volatility.
The company told shareholders on Wednesday that fore…
Oil Search cuts expenses as markets tumble Read More »
