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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.

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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.

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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.

Australian E&Ps With US Focus Top The Charts

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, Jaws-1, Australia oil and gas, Halliburton, oil exploration drilling

Strike Energy is in the hunt for a gas prize estimated at up to 11 trillion cubic feet.

Strike Energy Ltd. is set to spud what it believes will be the world’s deepest pure coal-seam well and the first of its kind not only in Australia, but also the southern hemisphere.

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China is now Australia’s second-largest LNG market, and Australia is China’s biggest LNG supplier.

Sydney independent oil and gas producer AWE Energy has announced one of the highest onshore flow rates in the history of the Australian oil and gas industry.

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