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Latest news: Oil and Gas - Upstream Activities

US seizes oil tanker off Venezuela coast, video posted

US seizes oil tanker off Venezuela coast, video posted

US President Donald Trump has announced the seizure of a "very large" oil tanker off the coast of Venezuela amid mounting tensions.

Gas deal to unlock wasted resource for domestic market

Gas deal to unlock wasted resource for domestic market

Gas deal to unlock wasted resource for domestic market

Gas deal to unlock wasted resource for domestic market

A deal has been signed to supply natural gas which is usually flared off into the air to meet the needs of domestic users and avoid power outages.

Mining boss skewers Trump over moves against renewables

Mining boss skewers Trump over moves against renewables

Mining boss skewers Trump over moves against renewables

Mining boss skewers Trump over moves against renewables

Renewable energy is taking over from oil, coal and gas, an Australian mining magnate has told shareholders, and efforts to hold back the trend are misguided.

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Don't forget gas: industry calls for renewable support

Don't forget gas: industry calls for renewable support

More than 50 companies are calling on the Australian government to extend support for renewable gas projects.

Santos floating factory gets first gas from Barossa

Santos floating factory gets first gas from Barossa

A massive floating factory has received its first gas from a field off Darwin in welcome news for a company in the spotlight after takeover talks collapsed.

Gas plant approval wait 'frustrating': Woodside boss

Gas plant approval wait 'frustrating': Woodside boss

Woodside has linked slow approvals for projects like the North West Shelf to weak productivity growth as the controversial project faces fresh legal challenge.

Fracking company hits out at ‘failed’ legal challenges

Fracking company hits out at ‘failed’ legal challenges

A bid to stop a key fracking project has been dismissed as another "failed" attempt to deny economic and social benefits to a long-overlooked community.

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Premier vows to protect state in Santos takeover bid

Premier vows to protect state in Santos takeover bid

Premier vows to protect state in Santos takeover bid

Premier vows to protect state in Santos takeover bid

State government approval of the takeover of one of Australia's biggest oil and gas producers will depend on keeping a local headquarters and maintaining jobs.

More gas projects, less green tape call at energy event

More gas projects, less green tape call at energy event

More gas projects, less green tape call at energy event

More gas projects, less green tape call at energy event

Gas giants have called on the Australian government to approve projects faster and let them explore more mining opportunities.

Shareholders drag Macquarie over coals on net zero

Shareholders drag Macquarie over coals on net zero

Shareholders drag Macquarie over coals on net zero

Shareholders drag Macquarie over coals on net zero

A leading investment bank has come under pressure from shareholders demanding to know how its growing exposure to fossil fuel squares with net-zero ambitions.

Woodside to tap US gas in Louisiana LNG project

Woodside to tap US gas in Louisiana LNG project

Woodside to tap US gas in Louisiana LNG project

Woodside to tap US gas in Louisiana LNG project

An oil and gas development in the southern United States will position Australian giant Woodside as a global powerhouse, the company says.

Santos gets final tick for flagship Barossa gas project

Santos gets final tick for flagship Barossa gas project

Santos gets final tick for flagship Barossa gas project

Santos gets final tick for flagship Barossa gas project

Santos has received final approval to start production on its flagship $5.8 billion Barossa gas project in the Timor Sea after years of legal delays.

Oil-gas giant defends energy policy, share-price slide

Oil-gas giant defends energy policy, share-price slide

Oil-gas giant defends energy policy, share-price slide

Oil-gas giant defends energy policy, share-price slide

Oil and gas producer Santos says it's well placed to weather volatility in commodity markets, as shareholders and traditional owners call the company to task.

'Own goal': gas producers lash export control policies

'Own goal': gas producers lash export control policies

'Own goal': gas producers lash export control policies

'Own goal': gas producers lash export control policies

Deliberately oversupplying east coast gas markets under the coalition's gas reservation plan has been met with scepticism by gas producers.

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Santos cuts dividend, says Barossa project nearly done

Santos says its $5.7 billion offshore gas project north of Darwin that was disrupted by a court challenge from three Tiwi Islanders, is nearing completion.

Funding agencies to weigh climate risk after case 'win'

Fossil fuel development may find it harder to get taxpayer funds in Australia after a "benchmark" case that opens the books on environmental harm, lawyers say.

Call for states to fire up new gas to avoid shortfall

Federal Labor has been urged to reverse "anti-gas policies" with structural shortfalls forecast from 2027 and Australians still under the pump on energy bills.

Santos sold vague plan as carbon blueprint, court told

A plan for gas giant Santos to reduce emissions does not rely on real projects and could mislead the public, a group has told the Federal Court.

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Call for super funds to pump gas giants for change

An analysis of the way some of the biggest superannuation funds vote at shareholder meetings suggests they're backing down over the expansion of oil and gas.

More to come for climate: 'immense strain' on taxpayers

Cutting greenhouse gas emissions is an urgent priority and investing in renewable energy is the best way to do it, the nation's climate tsar says.

Close the climate credibility gap, conservationists say

Approving coal and gas mines is the opposite of climate action, conservationists say, as the federal government insists emissions reduction is on track.

Gas producer slams ideological folly, warns of shortage

A domestic gas producer has warned of rising power bills and energy shortages if significant headwinds, including green tape and activism, go unchallenged.

Stubborn emissions threaten to blow world carbon budget

Extraordinary growth in renewable energy is not enough to offset the "humungous challenge" of Australia's fossil fuels, a carbon tracker warns.

'Trump II' not the end of the world for clean energy

A second Trump presidency may be a "bump in the road" but it cannot stop the transition to clean energy the world started over 20 years ago, investors say.

Energy plan to protect Aussie war-fighting capabilities

"Practical and sensible" action on climate change is part of the military's mission under new plans for phasing in alternative energy use and sovereign sources.

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