Australia's No.2 independent gas producer Santos Ltd has posted record quarterly production, boosted by its acquisition of Quadrant Energy assets, a day after it announced an '"exciting" gas discovery in the North West Shelf.
Shell has sold its interest in the Greater Sunrise offshore fields to Timor Gap, the national oil company of Timor-Leste, for US$300 million ($420 million).
OPINION: The Western Australian government’s love affair with Western Power is unlikely to be dimmed by local events any time soon, but a new force has been unleashed in the international marketplace as global oil companies morph into global electricity companies.
Oil Search has signed an agreement with the Papua New Guinean government for the Papua LNG Project, enabling initial work to begin on the giant development.
North America-focused Otto Energy is seeking to raise $11 million via a share placement and $20 million through a one-for-five rights issue, both at an issue price of 5.3 cents per share.
Woodside Energy and the Australian Space Agency (ASA) have signed a statement of strategic intent and cooperation, which is aimed at promoting technology transfer between the space sector and the oil and gas industry.
Western Australia's resources industry experienced record sales in 2018, up 16 per cent from the year prior, thanks largely to a rise in liquefied natural gas (LNG) exports.
Asian LNG spot prices have dropped more than 50 per cent in recent months as supply growth overwhelmed strong demand, according to Bank of America Merrill Lynch.
SPECIAL REPORT: Major new engineering contracts show momentum is building for $60 billion of oil and gas projects in WA, but the issue of carbon policy has once again created an obstacle.
Online LNG marketplace GLX has announced a partnership with US-based information service OPIS to create LNG indices, a week after Woodside announced it had invested in the platform.
Emissions guidelines for a series of Western Australian energy mega projects are still unclear after the Environmental Protection Authority announced it would withdraw its net zero carbon policy, released last week, and head into months of consultation.
Western Gas is continuing planning work on a project to produce gas from the Equus field at a near-shore floating LNG facility, with a probable price tag of $US3.5 billion.
Perth-based Bhagwan Marine has diversified its business beyond its traditional focus on northern Australia by winning a marine maintenance contract at Port of Melbourne.
Automotive Holdings Group has slipped out of the benchmark S&P/ASX 200 index, while six Western Australian companies have moved into the S&P/ASX 300 index.
A recommendation by Western Australia's environmental watchdog that new emissions-intensive projects should be carbon neutral has swiftly been rejected by the state government.
The Environmental Protection Authority has recommended that operators of future major projects in Western Australia pay to offset their carbon emissions, in order to help Australia meet its climate change obligations.
