CEO Stephen Harty said the company is investing about $650 million annually to develop its own fields, easing supply pressure on Australia’s east coast market.
Tamboran Resources has sanctioned its Shenandoah South Pilot Project in Australia’s Beetaloo Basin, targeting first gas in mid-2026. The project includes a sales deal with the Northern Territory, pipeline transport via APA Group, and financing for the new Sturt Plateau Compression Facility.
Vopak has secured an exclusive deal with Seapeak to provide an FSRU for its planned LNG import terminal in Victoria, Australia, bolstering efforts to supply gas from 2029 amid warnings of shortages by 2027.
Woodside, Japan Suiso Energy and KEPCO signed an MoU to create a liquid hydrogen supply chain linking Western Australia’s H2Perth project with Japan, advancing cross-border hydrogen trade and infrastructure.
Türkiye’s BOTAŞ signed a Heads of Agreement with Woodside to receive 5.8 Bcm of LNG over nine years starting in 2030, primarily from the Louisiana LNG project.
The decision comes with strict emissions limits to protect UNESCO-listed Murujuga rock art, but critics warn the project remains a “carbon bomb.”
The deal, which would give the consortium control of key LNG assets in Australia and Papua New Guinea, faces regulatory hurdles and rising investor skepticism.
The Queensland Supreme Court has ordered Fluor to pay Santos at least $450 million in a dispute over the Gladstone LNG project, with both companies issuing sharply contrasting statements on the ruling.
Green hydrogen projects across Europe, Australia, the U.S., and Asia are being canceled or postponed as high costs and weak demand force developers to scale back ambitious plans for low-carbon fuel.
Australia’s government has pledged $283 million to Orica’s Hunter Valley Hydrogen Hub, aiming to decarbonize industrial operations and develop green hydrogen for domestic use and future export markets.
Worley’s Peter Cox says Australia must redesign its pipeline infrastructure to meet net-zero goals, warning that repurposing gas pipelines won’t be enough for hydrogen and CO2 transport.
Santos has signed a two-year deal to supply 0.5 million tonnes of LNG annually to QatarEnergy Trading starting in 2026, amid growing demand from Asia.
Australia approves a new LNG terminal, BP brings first gas online in Trinidad, and U.S. projects advance from Pennsylvania to Louisiana in this month’s global energy highlights.
Australia’s Santos has granted an ADNOC-led consortium six weeks of exclusive due diligence following a proposed $18.7 billion takeover. The offer includes participation from Carlyle and ADQ and would require 75% investor approval to proceed.
Japan's biggest power generator, JERA, and Australia's Woodside Energy have signed a deal for Woodside to supply JERA with liquefied natural gas only during the winter months, the companies said on June 20.
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