Despite lowering full-year production estimates Santos have recorded an eight per cent hike in revenue for the June quarter.
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Unplanned outage hits Woodside’s bottom line
Woodside have announced a revenue drop in the second quarter of the year as unexpected outages lowered production.
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Australian gas exports at risk: Gary Gray
Resources Minister Gary Gray wants more exploration of Australia’s natural gas reserves, warning that competition from Russia and Africa could threaten export into Asia.
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Gas industry warns of price spike
The gas industry has warned that the eastern states will suffer from sky rocketing gas prices in the coming years unless measures are taken to increase investment in the sector.
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Battle looms over floating LNG push
A battle is building over the Federal government’s push to for the development of Woodside’s multi-billion-dollar Browse gasfield through FLNG, with West Australian Premier Colin Barnett opposed.
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Santos sign up to expand Cooper Basin production
Santos and Drillsearch Energy have formed a joint venture to fast-track the Western Cooper Gas Project.
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Santos GLNG and QGC sign gas interconnect deal
Santos GLNG and QGC today signed an agreement that will see them share gas infrastructure, reducing supply risks to both of the Curtis Island LNG projects.
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Prelude project will inject $45bn to Australian economy: Shell
Shell say their Prelude floating LNG project will contribute $45 billion to the Australian economy over the life of the project $12 billion of which would be tax payments.
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The world’s first floating LNG plant taking shape: Shell
Shell said the development of the world’s first ever floating LNG project is taking shape, with the company confident production will begin in 2016.
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GVK unfazed by gas boom’s impact on coal
Mining giant GVK is going ahead with its $10.6 billion planned projects west of Rockhampton despite concerns the gas boom will jeopardise coal.
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Call for domestic gas reserves not welcome by major producers
Major gas producers Santos and Origin have rejected calls by manufacturing lobbyists to reserve gas for domestic use.
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Woodside to expand Pluto project as it looks for more gas
Woodside Petroleum has announced plans to restart gas exploration as part of a plan to expand its $15 billion flagship Pluto LNG project.
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Oil and gas exploration too close to Abrolhos Islands: Greens
The Federal Government’s release of potential gas and oil exploration sites has drawn criticism from green groups who say the area is too close to the Abrolhos Islands.
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Shale gas exploration in Australia could boost manufacturing: Resources minister
Gary Gray, the recently-appointed federal minister for resources, has commented that the development of the shale gas industry in Australia could lead to a massive boost for Australian industry.
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Mereenie gas fields receives $100 million expansion approval
The Northern Territory Government has granted approval for Santos’ $100 million drilling program at the Mereenie Gas Fields in Central Australia.
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Project delays hits construction and engineering
A new BIS Shrapnel report released today will outline how the slow down in mining is flowing onto the engineering and construction sectors.
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Barnett apologises to traditional owners and warns Woodside may lose state gas lease
The Western Australian government has suggested Woodside and its partners may lose their lease over the one-third of Browse gas located in WA waters and has apologised to the traditional indigenous owners of James Price Point.
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Qld government approves $1 billion gas pipeline
The Queensland government has approved a 600 km gas pipeline to be built from the Surat and Bowen basins to Gladstone.
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Rinehart buys into oil
Mining magnate Gina Rinehart has used Hancock Prospecting to make a $6.3 million investment in oil and gas minor Lakes Oil.
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Record mining investment for WA
New data from the WA Government shows mining investment in the west surged to record levels in 2011-12, with a range of resources attracting billions in new spending.
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