Woodside Energy has suspended pre-commissioning activities at its Scarborough gas project's floating production unit (FPU) offshore Western Australia following a Greenpeace protest that saw two activists occupy the facility for two days before being taken into police custody.Woodside suspended pre-commissioning work at the Scarborough FPU on Saturday following the activists' unauthorized entry, with operations still on hold as of Sunday…
Australia's Woodside Energy on Wednesday trimmed the top end of its annual production forecast and said it would scale back its investment in a lower-carbon ammonia project in the US due to slower demand.The country's top independent oil and…
ACCIONA has been selected as development partner for a transmission network designed to connect up to 2 GW of offshore wind capacity to the electricity grid in Australia's Victoria state.Under a concession agreement, ACCIONA will be responsible for developing…
Australia has declared the West Peron formation suitable for carbon dioxide storage, marking a regulatory milestone for the Inpex-led Bonaparte carbon capture and storage (CCS) project, which could permanently store up to 443 million tonnes of CO2 offshore northern Australia…
Sunda Energy has advanced to the exclusive phase of its application for an offshore petroleum exploration permit covering the Awakino gas condensate discovery in New Zealand's Taranaki Basin, following the conclusion of a three-month competitive bidding period…
Chevron and the Egyptian Natural Gas Holding Company (EGAS) have signed an agreement covering at least $88 million of investment in natural gas and crude oil exploration and production in the Lotus offshore area in the Mediterranean Sea.The…
Oil prices climbed on Wednesday as the market weighed supply constraints from a storm heading for US oil-producing regions and attacks by Yemen's Iran-backed Houthis on Saudi Arabia against increased supplies of Middle East crude.Brent futures LCOc1 rose 81 cents…
Amplitude Energy has taken a final investment decision (FID) on the development phase of its East Coast Supply Project (ECSP) in Australia's Otway Basin, targeting first gas in 2028 and gross production of up to about 90 terajoules per day.The…
Fugro has secured a marine asset integrity contract in Australia covering the replacement of critical subsea infrastructure and survey and inspection work, with offshore operations expected to start towards the end of 2027.The contract, awarded by an undisclosed client…
Bounty Oil & Gas has agreed to acquire PetroQuest Liberia Deep Water, giving it a pathway to an interest in deepwater Block LB-32 offshore Liberia, while raising about $2.5 million (A$3.55 million) to advance the acquisition and exploration work…
Osaka Gas has agreed to acquire a 5% interest in the Browse gas project offshore Western Australia from BP Developments Australia, adding an expected 550,000 tonnes per year of LNG to its procurement portfolio.The Japanese company entered into a sale and purchase agreement through Osaka Gas Browse…
Global LNG prices could shoot higher this winter as Europe holds its lowest stocks in years and North Asian buyers face increased competition with the Strait of Hormuz still closed, executives said at an industry conference this week.Europe…
The Greater Sunrise natural gas project has pushed back its earliest possible production start by two years to 2034, East Timor's petroleum minister said, tightening a timeline already plagued by decades of delays.Production at the multi-billion dollar gas field…
Developers of shale gas in Australia's Northern Territory say they plan to replicate the liquefied natural gas boom in the state of Queensland, but without the duplication of infrastructure and overspending that occurred in the 2010s.The territory's…
From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change…
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