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China’s increased appetite for energy helped Australian LNG revenue grow 38% over the last year, according a recent report.
The company’s managing director, Stuart Nicholls, spoke with Hart Energy about its record-breaking Jaws-1 well and why it sets new horizons in Australia.
Australia’s largest oil and gas group lauds efforts of industry and government in alleviating fears of an energy shortage—for now.
At APPEA 2018, it was revealed that the country’s 2017 oil imports had cost AU$29 billion compared to AU$26 billion in LNG earnings.
Speaking at APPEA 2018 in Australia Nigel Hearne sought an unprecedented effort with majors Woodside and Shell to unlock stranded gas from the North West Shelf.
Inquiry finds that hydraulic fracturing could be safely managed in the Northern Territory.
Speaking in China, iron ore magnate Andrew Forrest unveils ambitious western-to-eastern Australia gas plans.
The Australian Petroleum Production & Exploration Association (APPEA) said the report should encourage the immediate suspension of the hydraulic fracturing moratorium in the Northern Territory.
Western Australia is aiming to revive the LNG export boom that made Australia’s biggest state a land of milk and hydrocarbons that carried the country through the worst of the global financial crisis.
The treaty signing in New York on March 6 marked the first conciliation under the U.N. Convention on the Law of the Sea—a process UN Secretary-General António Guterres said could offer other countries a path toward resolving contentious maritime boundary disputes.
Australia’s Freedom Oil & Gas, a shale producer with Eagle Ford assets, and Byron Energy, which has Gulf of Mexico operations, are star performers on the ASX.
Strike Energy is in the hunt for a gas prize estimated at up to 11 trillion cubic feet.