India’s national oil and gas exploration and production major, ONGC Limited, has decided to exit from its oil block investments in Sudan. The company exited its interest after the Sudanese government’s refusal to settle dues for oil lifted from these b…
India’s ONGC Videsh to exit Sudan oil blocks Read More »
Diversified miner BHP has approved a $283-million spend to develop the Ruby oil and gas project, in Trinidad and Tobago.
BHP, which holds a 68.46% interest in the project, on Thursday said that the total investment for the Ruby oil and gas project wou…
BHP makes $283m investment in Ruby gas Read More »
The resources sector has welcomed the federal government’s plans to increase domestic gas supplies, but have warned against unintended consequences of market intervention.
Resources Minister Matt Canavan and Energy Minister Angus Taylor on Tuesday ann…
Federal govt flags possible gas reservation policy Read More »
Energy major Origin has reported a 36% increase in revenues from the Australia Pacific liquefied natural gas project in the 2019 financial year, as commodity prices increased.
The project produced 64 PJ of gas for Origin during the quarter ended June,…
APLNG drives Origin revenues Read More »
The Indian government is working on a mechanism that will ensure regular and ongoing review of large overseas investments committed by government oil and natural gas exploration and production (E&P) companies.
At an informal inter-Ministerial meet…
Indian govt seeks institutional monitoring of the overseas investment of oil companies Read More »
The Australian government has released more than 120 000 km2 of tenements for offshore petroleum exploration, marking the largest release since 2000.
The release of the 64 areas will be the first release of acreage under a new streamlined system which…
Aus government releases more petroleum acreage Read More »
After much dithering and opposition from within the company, the Indian government is going ahead with plans to unbundle the operations of natural gas infrastructure and logistics major, GAIL India. According to plans being drawn up by the Petroleum an…
GAIL gas pipeline, marketing verticals to be unbundled Read More »
The Indian government has expressed “serious concern” over current disturbances in the Strait of Hormuz region impacting on movement and freight costs of crude oil and liquefied natural gas (LNG) between the Middle East and India.
The government’s con…
The Northern Territory government has approved its first environmental management plan (EMP) to allow oil and gas major Santos to undertake onshore shale gas exploration drilling.
This was the first EMP to be awarded for onshore shale gas exploration…
NT approves first enviro plan for shale gas drilling Read More »
Oil and gas major Beach Energy has reported a significant jump in production for the full year ended June, with the assimilation of the newly acquired Lattice Energy’s assets into its portfolio.
Beach on Wednesday reported that production in the June …
Lattice assets transform Beach’s production Read More »
