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Latest news: Oil and Gas - Upstream Activities

Fuel demands, super El Nino turn up the heat on COP31

Fuel demands, super El Nino turn up the heat on COP31

Australia faces a difficult task at the United Nations' climate summit amid rising temperatures, fuel shortages and pressure to phase out fossil fuels.

'Gas or starvation': infrastructure boss backs projects

'Gas or starvation': infrastructure boss backs projects

'Gas or starvation': infrastructure boss backs projects

'Gas or starvation': infrastructure boss backs projects

Australia’s biggest energy infrastructure company has defended the role of gas in the nation's energy security and industry, after committing to a new pipeline.

'Blind to community': independent flags data centre tax

'Blind to community': independent flags data centre tax

'Blind to community': independent flags data centre tax

'Blind to community': independent flags data centre tax

Governments aren't meeting the moment on artificial intelligence, an ACT senator says, as community and tech industry concerns are overlooked.

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Trump waives many Russia-related sanctions and tariffs

Trump waives many Russia-related sanctions and tariffs

Donald Trump has put on hold a sweeping new sanctions package targeting the Russian economy, telling Congress the pause is in the national interest.

Health hazard: doctors say it's time to run out of gas

Health hazard: doctors say it's time to run out of gas

Australia should stop approving new gas projects and phase out use of the fossil fuel to protect public health as well as the environment, a report says.

Santos to increase stake in huge $20b PNG gas project

Santos to increase stake in huge $20b PNG gas project

Santos is paying $262 million to acquire greater ownership in the Papua LNG gas project as a final decision looms on whether it will proceed.

Resource firms hit the gas on controversial project

Resource firms hit the gas on controversial project

Gas explorers and pipeline layers have enthusiastically outlined the vast potential of the controversial Beetaloo gas field at a resources conference.

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Anti-fracking voices heard outside resources conference

Anti-fracking voices heard outside resources conference

Anti-fracking voices heard outside resources conference

Anti-fracking voices heard outside resources conference

Anti-fracking protesters rallying outside a major resources conference have been told "mining pays the bills in Australia".

Fracking protests prompt police presence at conference

Fracking protests prompt police presence at conference

Fracking protests prompt police presence at conference

Fracking protests prompt police presence at conference

Protesters plan to target a resources conference, prompting a strong police presence, after gas from a controversial fracking project was switched on.

Key oil refinery long way from return to full capacity

Key oil refinery long way from return to full capacity

Key oil refinery long way from return to full capacity

Key oil refinery long way from return to full capacity

Fuel maker Viva Energy is working to repair a key processor for premium fuels to restore a fire-damaged refining facility to 100 per cent capacity.

Oil markets to remain tight as conflicts drag on

Oil markets to remain tight as conflicts drag on

Oil markets to remain tight as conflicts drag on

Oil markets to remain tight as conflicts drag on

Ampol, which owns one of Australia's two onshore oil refineries, has turned in a stellar first-half profit after oil market dislocation boosted its earnings.

Decision on $20b Papua LNG project due by year-end

Decision on $20b Papua LNG project due by year-end

Decision on $20b Papua LNG project due by year-end

Decision on $20b Papua LNG project due by year-end

Santos and its partners have targeted a fourth-quarter decision on a massive gas project in Papua New Guinea that would be the country's second.

Fuel prices on the up as PM backs end to discount

Fuel prices on the up as PM backs end to discount

Fuel prices on the up as PM backs end to discount

Fuel prices on the up as PM backs end to discount

Discounts to the fuel excise will come to an end within days, but the prime minister says the government could consider bringing it back in the future.

Fuel seller eyes massive earnings lift due to conflict

Fuel seller eyes massive earnings lift due to conflict

Fuel seller eyes massive earnings lift due to conflict

Fuel seller eyes massive earnings lift due to conflict

The company that owns one of Australia's two oil refineries says the Middle East war underscores the need to keep that capability, as the conflict continues.

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Woodside to pay $320m for greater stake in gas project

Woodside Energy is moving to increase its stake in the proposed $49 billion Browse gas field by pre-empting a sale by one of its joint venture partners.

Motorists set to pay more for fuel as tax cut ends

Motorists will face higher fuel prices at the bowser in the coming weeks as the federal government flags the end of the temporary cut to the excise.

Signs point to bumpy road for motorists in fuel crisis

Higher fuel prices could be just weeks away as conflict in the Middle East drags on, with the nation's leaders committing to further crisis talks.

Ukraine hits refinery, Putin says attacks intensifying

President Vladimir Putin has complained about a growing number of Ukrainian attacks on civilian sites in Russia, pointing to strikes on oil facilities.

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United Arab Emirates quits OPEC in blow to oil cartel

The United Arab Emirates says it is withdrawing from OPEC, stripping the oil cartel of one of its largest producers.

'Peddling lies': gas sector vents as tax pressure rises

The minister responsible for gas in Australia has poured cold water on calls for an export tax as industry figures insist they pay their fair share.

Oil and gas giant feels the heat from climate activists

Shareholders have jeered as protesters concerned about the environment repeatedly disrupted a meeting hosted by Australia's biggest oil and gas company.

Battle lines harden as gas giants take on tax proposal

Gas producers have mounted a full-throated defence of their tax contributions in an inquiry exploring opportunities for higher export levies.

Refinery owner reaps profit boost from Middle East war

Ampol, which supplies about 10 per cent of the nation's fuel supplies, has seen a big jump in margins on the back of the war in the Middle East.

'Tiny' tax returns on gas has leading economist fuming

Australians have finite stocks of gas and other natural resources and deserve a fair return on them, an inquiry has been told as calls grow for tax reform.

Backbencher break ranks with call for gas export tax

A backbench Labor MP has urged his parliamentary colleagues to impose a new tax on gas exports despite opposition from the sector.

Topics

Politics Australia United States of America Unrest, Conflicts and War Economy, Business and Finance Middle East Western Australia Health Environmental Issue Police International Relations Commonwealth of Independent States Energy Energy and Resource Environmental Politics Northern Territory Inquiry Renewable Energy Mining Global Warming

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