Australia

Global News December 2021

German Regulator Stalls Nord Stream 2, Ida Reduced Gas Production More Than Any Hurricane in Past Decade, Israeli Energy Minister Proposes Ending UAE Pipeline Deal and more are included in this month's global headlines.

Australia Unveils Plan to Spur Pipeline Investment

Australia outlined a plan to spur investment in new gas pipelines to beef up gas supply, despite the government's pledge to achieve net zero carbon emissions by 2050

Australia's Macquarie Buys German Gas Pipeline Firm Thyssengas

Australian investment bank Macquarie Asset Management has agreed to buy Germany's second-largest gas pipeline operator, Thyssengas, to use the company's grid network to transport climate-friendly gases.

Global News October 2021

EIA Expects U.S. Natural Gas Consumption to Decline Through 2022, Brazil Seeks Natural Gas Pipeline from Argentina’s Vaca Muerta and more.

Papua New Guinea Hands Pandora Gas Field to State-Owned Kumul

The Papua New Guinea government has awarded Kumul Petroleum rights to develop the Pandora gas field, estimated to hold 1 trillion cubic feet of gas, rejecting other bids to keep control of PNG's resources within the country.

Australia's Commonwealth Bank Taken to Court Over Oil and Gas Financing Policies

The case seeks documentation on projects including Santos' acquisition of the Barossa Gas Field, the Permian Highway natural gas pipeline in the United States, and Euronav NV "very large crude carriers,” the documents say.

Australia Bucks Climate Trend with Plan to Subsidize Natural Gas, Coal

Australia's federal government is proposing what amounts to a subsidy to natural gas- and coal-fired power generation, in a bid to solve a problem the country's energy market operator says doesn't exist.

Australia Faces ‘Precarious’ Gas Supply in 2022, Watchdog Warns

Australia's southern states could face a gas shortfall in 2022 unless LNG exporters offer more gas into the domestic market, the Australian Competition and Consumer Commission said.

Australia Rejects $36 Billion Wind, Solar, Hydrogen Project

The Australian government has rejected plans for a $36 billion wind, solar and hydrogen project in a remote area of Western Australia, leaving what would have been one of the world's largest green energy projects in limbo for now.

Australia Commits $45 Million to Boost Gas Supply

The Australian government said it will commit A$58.6 million ($45.3 million) to boost gas supply, storage and pipeline capacity in its 2021-22 budget, due to be unveiled on Tuesday.

Australia’s Western Gas, APA Group Studying Potential Gas Pipeline

Western Gas and APA Group are undertaking a development and marketing study to deliver Equus gas to Australian customers and markets via a 130-mile (210-km) offshore pipeline and a transcontinental pipeline, the companies announced.

Australia's Origin Locks in Domestic Gas Supply Tied to Asian LNG Price

Origin has also lined up extra pipeline capacity under a three-year deal with APA Group starting in 2023, which will allow the company to transport large amounts of gas to southern markets where it is needed.

Australia Backs Three 'Green' Hydrogen Projects with More Than A$100 Million

Australia said it had awarded A$103 million ($80 million) to back three 'green' hydrogen projects, hiking its planned funding by almost 50% as the government seeks to speed up commercial production of the gas using renewable resources.

RWE Plans to Bring Australian 'Green' Hydrogen to Europe

Germany's RWE plans to bring hydrogen produced in Australia to Europe, as big energy firms look to create new global routes for the cleaner alternative to fossil fuels.

New Pipeline Gas Supply Heading to West Australia

Western Gas, the owner and operator of the Equus Gas Project, signed a memorandum of understanding with APA Group assess supplying the gas at competitive prices to western Australia domestic gas customers and East Coast markets through a new pipeline, a news release states. Both companies are based in Australia.

Australian State Rejects AGL Energy's Plan to Import LNG

Victoria state rejected a plan by AGL Energy to build an LNG import terminal, effectively killing a proposal designed to help fill an expected shortfall in gas supply in southeast Australia from 2024.

Perspective: Australia's Natural Gas Industry Should Worry About Demand, Not Supply

Australia, the world's largest exporter of liquefied natural gas, is facing a dilemma when it comes to domestic demand for the fuel, as the government's plans for a gas-fired economic recovery run into some confronting realities.

EnerMech Secures Five-Year Deal with Chevron Australia

Chevron Australia awarded global integrated solutions specialist EnerMech a five-year contract to provide a range of integrated services to its Western Australian oil and gas facilities.

Australia’s Western Gas, APA Group Studying Potential Gas Pipeline

Western Gas and APA Group are undertaking a development and marketing study to deliver Equus gas to Australian customers and markets via a potential 130-mile (210 km) offshore pipeline and a transcontinental pipeline, the companies announced.

Australian Gas Networks Looking to Include Hydrogen in Infrastructure

Australia's natural gas pipeline owners are working to future proof their A$75 billion ($59 billion) in assets amid a global push towards clean energy, running tests to blend hydrogen with gas and produce green methane to replace the fossil fuel.

Watchdog says Australia Needs LNG Import Terminal to Avoid Gas Shortfall

Australia's southern states will need to import natural gas to fill a looming shortfall by 2024, as last year's COVID-19 induced oil and gas price slump has slowed investment in new fields, the country's competition watchdog said on Tuesday.

Russell: Australian Refinery Closure Adds to Litany of Energy, Climate Failures

The closure of one of Australia's last remaining oil refineries, carbon border taxes in Europe and a proposal for the world's biggest battery storage plant all show a failure to produce a coherent climate change policy.

Australia's Santos Wins State Green Light for $2.6 Billion Gas Project

The Australian state of New South Wales on Wednesday approved a long-delayed $2.6 billion (A$3.6 billion) gas project being developed by Santos.

Underwater: Australia's Oil Industry Faces New Indigenous Heritage Test

A discovery of ancient artifacts near a planned pipeline route off Australia's west coast has opened new challenges for energy companies to conserve indigenous heritage.

Chevron Delays Restart of Gorgon LNG Train for Additional Repairs

Chevron is delaying the restart of Train 2 at its Gorgon LNG plant in Western Australia until October to allow for additional repairs.

Australia Bucks the Global Trend, Goes with Natural Gas Over Renewables: Russell

Australia's conservative government appears to be pivoting away from backing coal for future energy needs but hasn't quite made it all the way to renewables, instead waylaying into natural gas.

Woodside Targets FIDs on Browse, Scarborough Gas Projects

Australia's Woodside Petroleum has pushed out the final approval date for its mammoth Browse gas project but slightly brought forward plans to sign off on its smaller Scarborough project. Combined, the projects would require construction of 826 miles of subsea pipeline

Senex Flows First Gas With Completion of Jemena's Atlas Pipeline

Senex Energy announced that first gas production has been achieved at Project Atlas following completion of Jemena's Atlas Gas Pipeline in Queensland, Australia.

LNG Ltd to Supply Gas to Vietnam from Louisiana Project

Australia-listed Liquefied Natural Gas Ltd said it has signed a deal with a province in Vietnam to supply LNG from its Louisiana-based Magnolia project.

Scarborough Pipeline Awaits Final Investment Decision

Netherlands-based Royal Boskalis Westminster has been awarded a contract valued at $162 million (145 million euros) for seabed intervention and shore-crossing activities for the proposed Scarborough export gas pipeline in northwestern Australia.

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