BHP has flagged its ongoing interest in the petroleum market, commenting that the outlook remains positive due to rising demand from the developing world and natural decline in supply.

Woodside has laid solid foundations for the second half of 2019, recording strong financial and production results for the first six months of the year.

Beach Energy’s plans for growth are looking positive after a strong 2019 financial year.

Japan was the largest consumer of Australian liquefied natural gas (LNG) in the 2019 financial year, followed closely by China.

A proposed $589 million gas import terminal in Newcastle has been declared Critical State Significant Infrastructure.

WorleyParsons subsidiary, Intecsea, has been awarded a contract by Reliance Industries for the MJ Field deep-water gas and condensate project, located offshore India.

AGL Energy has acquired Perth Energy for $93 million as it continues to bolster its portfolio following a positive 2019 financial year.

Downer has been awarded a five-year extension on its gas services contract with AusNet Services worth approximately $350 million.

The Australian Government plans to secure gas supplies for domestic use in an attempt to put downward pressure on prices and encourage new investment in gas supplies.

Chevron has launched the Gorgon carbon dioxide injection system, one of the world’s largest greenhouse gas mitigation projects.

BHP has approved $US283 million in funding to develop the Ruby oil and gas project in Trinidad and Tobago.

Galilee Energy has provided an update on its Glenaras multi-lateral pilot programme in the Galilee Basin, reporting that it is “performing strongly.”

Elixir Energy has signed a binding drilling services contract with Mongolian company Erdenedrilling for its Nomgon project.

Origin has enjoyed a surge in revenue from its Australia Pacific LNG (APLNG) project in the past financial year driven by higher commodity prices.

The Strike-Warrego joint venture has made a significant gas discovery in the Wagina sandstone located in the Perth Basin as part of the West Erregulla-2 drilling campaign.

The Australian Government has released over 120,000 square kilometres of acreage to be explored by oil and gas companies.

Woodside Energy has revealed its ambitious growth plans including an intention to ramp up LNG supply and innovation in response to “fierce global competition.”

Woodside Energy has awarded a contract to Boskalis Australia to undertake seabed intervention and shore crossing works for the proposed Scarborough export gas pipeline in Western Australia.

The CSIRO has provided further evidence surrounding the climate benefits of using gas in place of coal to generate electricity.