LNG exports hit $50.5b

The energy analyst reported LNG exports in the 2019 financial year had continued to increase, with the total export revenue over the 12-month period estimated to be $50.5 billion. Australia exported a
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INPEX subsidiary awarded exploration permit

The subsidiary was awarded AC/P66 – a 3,460 km2 block in the discovered and developed oil fields of the Bonaparte Basin – as part of Australia’s 2018 Offshore Petroleum Exploration Acreage Release.
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Manufacturer calls for lower gas prices

Speaking at a meeting with shareholders in Sydney this week, CSR Chairman John Gillam said Australia was continuing to create an unsustainable economic environment for manufacturers due to high gas and
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GBDJV rig back on track

The Ensign 932 rig to be used in the project’s upcoming drilling campaign has been travelling to site from the Cooper Basin but last month was impeded by unfavourable weather conditions. The JV now
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Government reviewing offshore oil and gas safety

The department plans to replace the current regime – the Offshore Petroleum and Greenhouse Gas Storage (Safety) Regulations 2009 – in 2020 and will use this review to establish new parameters. The
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