Australia
EIG Targets Australia's Origin to Build Global LNG Company
EIG, teaming with Brookfield Asset Management in a A$15.5 billion ($10.5 billion) bid to split Australia's Origin Energy, is looking to use the deal to help build a global LNG company, its boss said on Wednesday.
Judge Revokes Drilling Permit for Santos' $3.6 Billion Barossa Gas Project
Australia's Federal Court on Wednesday ruled in favor of an indigenous group's challenge against a drilling permit for Santos Ltd.'s Barossa gas development, in what Santos called a "disappointing" setback for the $3.6 billion project.
President Ramos-Horta Urges Australia to Back Gas Pipeline to East Timor
Timor President Ramos-Horta said it made no sense to him to send the gas to Darwin, which would require a 500-km (310-mile) pipeline, rather than to East Timor with a 200-km (124-mile) pipeline and added that operating costs in Timor would be much less than in Australia.
Australia's Santos to Spend Extra $311 Million for Barossa-Darwin Gas Pipeline
Australia's Santos Ltd. said on Monday it would spend an additional $311 million to build a new pipeline to transport gas from its offshore Barossa field to its Darwin LNG plant in the Northern Territory.
Inpex, Woodside, TotalEnergies Score Acreage for CCS Studies Offshore Australia
Australia has awarded Japan's Inpex Corp., France's TotalEnergies and Woodside Energy Group offshore acreage permits for assessing carbon emissions storage as the government pushes to speed up emissions reductions.
Britain Set to Receive Rare LNG Shipment from Australia
Britain is set to receive a rare shipment of LNG from Australia later this month, as countries across Europe strive to secure enough supplies ahead of winter.
Australia's Santos Buys Underground Gas Pipeline to Offset Supply Crunch
Australia's Santos Ltd. said on Thursday it had bought a company that owns an approved underground pipeline route and would work with infrastructure developers to build the planned 883-km (550-mile) pipeline, which was approved to run from the Wallumbilla gas supply hub in Queensland to New South Wales.
Shell Prelude LNG Loading Disrupted Until At Least Mid-July, Worsening Global Supply
Shell Plc said LNG shipments from its Prelude floating facility off northwest Australia would be disrupted for at least two weeks due to work bans by unions fighting for better pay.
PetroChina May Divest from Australian Natural Gas Projects to Curb Losses – Sources
PetroChina may sell out from natural gas projects in Australia and oil sands in Canada to stem losses and divert funds to more lucrative sites in the Middle East, Africa and central Asia, two people with knowledge of the matter said.
BP Buys 41% Stake in Australian Wind, Solar, Hydrogen Mega-Project
BP plc has agreed to buy a 40.5% stake and become operator of an Australian renewable energy project that could become one of the world's biggest producers of green hydrogen, the global oil major said.
Indigenous Australians File Lawsuit to Block $3.6 Billion Barossa Pipeline Project
The Barossa project, due to start producing gas in 2025, calls for the construction of a nearly 260 km (162 mile) pipeline to the west of the Tiwi Islands that will connect offshore gas facilities to an existing pipeline that runs to Darwin in the Northern Territory.
Closely Watched Exploration Well Off Western Australia Finds No Gas, Oil
Western Gas said on Monday its Sasanof-1 exploration well off Western Australia found no hydrocarbons, in a big disappointment for one of the most closely watched drilling campaigns in Australia this year.
S.Korean Court Dismisses Plea to Block Loans to Fund Deep-Sea Gas Pipeline in Australia
A South Korean court has dismissed an application from a group of Indigenous Australians that said they were not properly consulted on the Barossa project and the planned 260-km (162-mile) pipeline that will connect offshore gas facilities to an existing pipeline that runs to Darwin.
Origin Energy's Revenue from APLNG Project Jumps 78% on Strong Prices
Australia's Origin Energy posted a 78% jump in third-quarter revenue on Friday from its stake in the Australia Pacific LNG (APLNG) project due to higher spot LNG prices and realized oil prices.
Indigenous Australians Ask S.Korea Court to Block Loans to $3.6 Billion Gas Pipeline Project
A group of Indigenous Australians has gone to court in South Korea seeking to block the country's export credit agencies from funding a deep-sea gas pipeline for the $3.6 billion Barossa gas project off northern Australia.
Australia's First LNG Import Terminal Seen Ready by Late-2023
Squadron Energy, the private company building Australia's first LNG import terminal, expects its Port Kembla facility in New South Wales to be ready to take its first gas shipment by the end of 2023.
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.
- US Energy Regulator's Future Shaky as Senator Manchin Refuses Hearing
- TC Energy Hires Contractor to Lay 715-km Stretch of $4.5 Billion Offshore Gas Pipeline
- US Sells Oil from Emergency Reserve to Marathon, Equinor, Others
- Enbridge Approves $2.7 Billion Expansion of Southern B.C. Pipeline System
- Integrity's Newest Ally: PRCI’s Mechanical Damage Strategic Research Priority
- ESPO Pipeline Expansion Nears Completion, Asia-Pacific Counts for a Third of Russian Oil Shipments
- New Methane Fee Could Hit Pipelines Hard
- Equitrans Wants US Legislation to Help Finish Mountain Valley Gas Pipeline
- Snam to Invest $3.8 Billion in Italy's Gas Network, Including Proposed Adriatic Pipeline
- Sierra Club Says Mountain Valley Pipeline to Give Up on North Carolina Extension
