Post Tagged with: "australia"

Elk Petroleum Updates Aneth Field, Grieve Project

Elk Petroleum Updates Aneth Field, Grieve Project

Australia’s Elk Petroleum Limited (ticker: ELK) recently released its half-year results and guidance update. The company reported a 44% increase in share price to A$0.095 (March 2018) – this is up from A$0.066 (June 2017). The company reported production of …

Australia is Set to Become the World’s Biggest Exporter of Natural Gas by 2019

Australia is Set to Become the World’s Biggest Exporter of Natural Gas by 2019

Australia is expected to become the world’s biggest natural gas exporter by next year as huge projects near completion.

According to the latest quarterly resources outlook from the chief economist at the federal department of industry, innovation and science, the …

January 9, 2018 - 4:13 pm Closing Bell Story‎, Energy News, LNG
Chevron Australia Pulls Plug on Bight Exploration

Chevron Australia Pulls Plug on Bight Exploration

Chevron no-go decision for offshore project was a commercial decision

Chevron Corporation’s (ticker: CVX) Australia subsidiary Chevron Australia has announced the decision to discontinue the Great Australian Bight exploration program.

Chevron Australia’s affiliates acquired two deepwater exploration blocks in the …

Samson Oil and Gas Limited – Day One Breakout Notes

Samson Oil and Gas Limited – Day One Breakout Notes

Samson Oil and Gas Limited presents at EnerCom’s The Oil & Gas Conference®

During Samson’s breakout session, management was asked the following questions:

  • Are you going to co-mingle the production on your vertical well with four laterals coming off?
  • Is
EnerCom Conference Presenter Focus: Sundance Energy Australia Ltd.

EnerCom Conference Presenter Focus: Sundance Energy Australia Ltd.

Sundance Energy Australia Ltd. (ticker: SDCJF) will be presenting at the EnerCom conference Wednesday August 17, 2016.

Headquartered in Denver, Colo., and trading on the Australian Securities Exchange since 2005, Sundance focuses on a growth strategy of acquiring high working …

Schlumberger Seals the Deal on a $300 million Contract in Australia

Schlumberger Seals the Deal on a $300 million Contract in Australia

Schlumberger (ticker: SLB) subsidiary OneSubsea secured an engineering contract for the development of the Greater Enfield project off the northwest coast of Australia from Woodside Energy.

Woodside announced on June 26, that the company would move forward with the development …

July 15, 2016 - 4:39 pm Closing Bell Story‎, Oil and Gas 360 Articles

Bechtel Produces LNG from GLNG Train 2

GLADSTONE, Australia – May 25, 2016

Curtis Island projects continue smooth transition towards operations with five out of six trains now producing LNG

Bechtel has announced that GLNG Project Train 2, the fifth of six production trains on Curtis Island, …

May 26, 2016 - 1:56 pm Closing Bell Story‎, Energy News, International, LNG
Gorgon LNG Ramps up Production

Gorgon LNG Ramps up Production

The Chevron-led project expects first cargo next week.

Chevron (ticker: CVX, Chevron.com) announced that its Gorgon LNG project has begun liquefaction of natural gas on Barrow Island off the northwest coast of Western Australia, with the expectation that the …

March 8, 2016 - 5:09 pm Closing Bell Story‎, LNG, Oil and Gas 360 Articles
Source: Gazprom. LNG Tanker

Australia’s Woodside Makes $8 Billion Bid for Oil Search

All stock offering would give Woodside growth potential

Woodside Petroleum (ticker: WPL), Australia’s largest independent oil and gas company, announced that it has made a non-binding offer for Oil Search Ltd. (ticker: OSH) under which Woodside would acquire all of …

September 9, 2015 - 4:07 pm LNG, Mergers & Acquisitions, Midstream, Oil and Gas 360 Articles
Das Windprojekt "Hornsdale" entsteht im australischen Capital Territory (ACT) aus 32 direkt angetriebenen Windturbinen vom Typ Siemens SWT-3.2-113.

The Hornsdale wind project, located in the Australian Capital Territory (ACT), will consist of 32 Siemens SWT-3.2-113 direct drive wind turbines.

Australia Removes Wind Projects from $2 Billion Renewable Development Fund

The Australian government will no longer allow the Clean Energy Finance Corporation to invest in wind

Australia’s Clean Energy Finance Corporation (CEFC) received a directive from the Australian government to stop investing in future wind power projects. Australian Prime Minister …

August 25, 2015 - 12:59 pm International, Oil and Gas 360 Articles

Aubrey McClendon Plans to Spend $100 Million in Australia

Via Columbus Business Journal

Aubrey McClendon plans to spend $100 million in … Australia?

Oil and gas maven Aubrey McClendon has spent big on shale plays across the U.S., especially in Ohio. But now McClendon, founder of Chesapeake Energy Corp.

August 24, 2015 - 1:32 pm Energy News
Source: Gazprom. LNG Tanker

Western Australia’s Government will Sequester 15% of Production from Woodside LNG JV

Industry groups say the reservation policy adds unnecessary burdens on the project

Western Australia’s gas reservation policy has been applied to the Woodside Energy-led (ticker: WPL) Browse floating liquefied natural gas (FLNG) project, . The policy was started in 2006, …

LNG Could Contribute $55 Billion to Australia’s GDP

LNG Could Contribute $55 Billion to Australia’s GDP

New research shows the LNG industry could grow Australia’s GDP by almost 3% from 2013 levels by 2020

A new report titled “Ready or Not? Creating a world-leading oil and gas industry in Australia,” found that the liquefied natural gas …

May 18, 2015 - 1:41 pm International, LNG, Oil and Gas 360 Articles
Chevron Moves Forward on Divesture Goal, Exits Australia Shareholding Venture

Chevron Moves Forward on Divesture Goal, Exits Australia Shareholding Venture

Chevron Corporation (ticker: CVX), the world’s third largest E&P by market capitalization, is selling its 50% shareholding in Caltex Australia Limited. The deal is reportedly worth about US$3.6 billion, according to the Sydney Morning Times Herald, and is the biggest …

Source: Petronas

Australia and India Look to Increase Cooperation in LNG

A memorandum of understanding signed between Woodside and Adani is set to strengthen ties in the LNG sector

Australian energy major Woodside Petroleum Ltd (ticker: WPL) and India’s infrastructure conglomerate Adani Enterprises Ltd (ticker: ADANIENT) signed a memorandum of understanding …

January 12, 2015 - 5:34 pm International, Oil and Gas 360 Articles
The State of LNG in Australia

The State of LNG in Australia

Some LNG projects in Australia in trouble

Planned Australian liquefied natural gas (LNG) export projects are at risk as sinking energy prices make investments unviable, reports Reuters. A nearly 50% slump in Asian LNG prices this year has pressured …

December 23, 2014 - 4:26 pm International, Oil and Gas 360 Articles
Australia Becomes First Developed Nation to Repeal Carbon Tax

Australia Becomes First Developed Nation to Repeal Carbon Tax

AI-CJ753_AUSCAR_G_20140717033604Australia’s Senate has voted 39-32 to repeal the carbon tax that went into effect in July 2012, the Wall Street Journal reported today. Australian voters turned against climate laws in the wake of high unemployment and rising energy costs.

“The …

July 17, 2014 - 5:33 pm Oil and Gas 360 Articles
Magellan Petroleum Centralizes Assets, Sells Australian Onshore Plays for $35 Million

Magellan Petroleum Centralizes Assets, Sells Australian Onshore Plays for $35 Million

Magellan Petroleum Corporation (ticker: MPET) is an independent oil and gas exploration and production company with assets in the United States, Australia, and the United Kingdom. The development of a CO2-enhanced oil recovery program at its Poplar Dome …

February 18, 2014 - 4:32 pm Finance, MLPs, Oil and Gas 360 Articles
Magellan Petroleum Aims to Capitalize on Australia’s Growing Natural Gas Market

Magellan Petroleum Aims to Capitalize on Australia’s Growing Natural Gas Market

Magellan Petroleum Corporation (ticker: MPET) is an independent oil and gas exploration and production company with assets in the United States, Australia, and the United Kingdom. The development of a CO2-enhanced oil recovery program at its Poplar Dome …

Samson Oil & Gas Reports Fiscal Q3'12 Results; Oil Production Increases 25% from Previous Quarter

Samson Oil & Gas (ticker: SSN) reported operational and financial results for the three month period ended March 31, 2012.

Highlights included:

  • The Australia II 12KA 6, #1-29H well in Roosevelt County, Montana, has been fracture-stimulated and is currently waiting
May 3, 2012 - 2:36 pm Oil and Gas 360 Articles