Monday, January 19, 2026

Exxon Makes FID on Australia Gas Project

ExxonMobil (stock ticker: XOM) made a final investment decision to develop its West Barracouta gas field in Bass Strait. The project: Brings new gas supplies to the Australian domestic market. Is part of Exxon’s continuing investment in the Gippsland Basin. It’s located in the VIC/L1 block in offshore Victoria. The Gippsland Basin Joint Venture continues to supply about 40 percent

Survey Ranks Jurisdictions for Oil and Gas Investment

The Fraser Institute recently published its 12th annual survey of petroleum industry executives and managers regarding barriers to investment in oil and gas exploration and production facilities in various jurisdictions around the globe. The survey responses have been tallied to rank provinces, states, countries, and other geographical regions (e.g., offshore areas) according to the extent of such barriers.   Highlighted