The New South Wales government has backed plans for the development of the A$250-million Port Kembla gas terminal being developed by the Australian Industrial Energy (AIE) consortium.
The proposed terminal will have the ability to supply more than 100…
NSW backs A$250m Port Kembla LNG project Read More »
India’s plan to develop natural gas assets in Iran has been buried in the wake of the US administration’s withdrawal of exemption from sanctions for trade in crude and natural gas with the Persian Gulf nation. A consortium, led by ONGC had held protrac…
India’s Iranian gas investments buried by US sanctions Read More »
In the wake of the end of sanction waivers by the Trump administration for imports of Iranian crude oil, India’s Petroleum and Natural Gas Ministry has officially issued assurances to all domestic refineries that the government will ensure adequate sup…
Indian government issues supply assurances to domestic oil refineries Read More »
Africa is likely to experience continued oil and gas investment over the next three to five years as the stabilisation of crude prices above $60/bl, coupled with the continent’s rapidly expanding population, lure oil producers to one of the last remain…
Stable oil price drives investment in burgeoning African oil, gas sector Read More »
US oil giant ExxonMobil will increase its exploration acreage in Namibia by about 28 000 km2 following the signing of an agreement with the Namibian government and State-owned National Petroleum Corporation of Namibia (Namcor) for blocks 1710 and 1810,…
ExxonMobil acquires more exploration acreage off Namibian coast Read More »
Occidental Petroleum is starting a bidding war for Anadarko Petroleum, making a $38-billion counteroffer in attempt to break up the proposed takeover by Chevron. Occidental said Wednesday it’s offering $76 a share in cash and stock, a premium of about …
Occidental makes Anadarko bid, seeks to derail Chevron deal Read More »
The US administration’s decision to end sanction waivers for Iranian oil imports by India and seven other countries will trigger a surge in India’s oil import bill even as it scurries to secure new energy sources. The government’s preliminary estimates…
India’s oil imports to surge on US actions Read More »
Oil and gas major Woodside has reported steady production in the three months to March, compared with the previous corresponding period, with revenues rising 4%.
Woodside on Thursday reported a production of 21.7-million barrels of oil equivalent, com…
Woodside holds firm in the March quarter Read More »
Oil and gas major Santos has reported a 16% increase in production during the first quarter of 2019, compared with the fourth quarter of 2018, despite the Western Australian operations being impacted by cyclone activity, and facility outages in the Co…
Santos output climbs in first quarter Read More »
ASX-listed Senex Energy has inked the first domestic gas sales supply contract at its Project Atlas development, in Queensland.
Senex on Wednesday announced that it had agreed to a domestic gas sales agreement for up to 3.25 PJ of natural gas with fel…
Senex seals domestic gas contract Read More »
