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The Latest News from oil and gas - upstream activities

Woodside sells stake in big WA gas project to LNG Japan

Woodside sells stake in big WA gas project to LNG Japan

Woodside is selling a 10 per cent stake in its $16.5 billion Scarborough gas project off the WA coast to a joint venture between Japanese conglomerates.

Offshore gas tax intact as sector seeks bipartisanship

Offshore gas tax intact as sector seeks bipartisanship

Offshore gas tax intact as sector seeks bipartisanship

Offshore gas tax intact as sector seeks bipartisanship

The oil and gas industry is calling for coalition support for a key budget measure to end a crossbench campaign to double the hike in taxes on offshore fields.

Mixed quarter for Origin with Eraring's future unknown

Mixed quarter for Origin with Eraring's future unknown

Mixed quarter for Origin with Eraring's future unknown

Mixed quarter for Origin with Eraring's future unknown

No decision has been taken by Origin Energy on keeping coal-fired power station Eraring running for longer, but some say it's not needed to keep the lights on.

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Call to help coal, oil and gas workers cope with change

Call to help coal, oil and gas workers cope with change

Workers made obsolete in the push from coal, oil and gas to clean energy should receive individual career support packages, a business-backed think tank says.

Carbon, clean energy needs underpin Aust-Singapore ties

Carbon, clean energy needs underpin Aust-Singapore ties

An investor forum in Singapore is examining ways to support global climate ambitions, sustainable development and a pipeline of Australian renewable energy.

Pressure remains as 'not much' gas covered by price cap

Pressure remains as 'not much' gas covered by price cap

The government's mandatory gas code is expected to have little impact on bills for households and small businesses, with exemptions covering the bulk of supply.

Final gas code to take effect; sector warns of shortage

Final gas code to take effect; sector warns of shortage

A finalised gas code of conduct aims to avert future price shocks for households and businesses, but producers warn urgent action is needed to boost supply.

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Woodside to proceed with $10.6b oil project off Mexico

Woodside to proceed with $10.6b oil project off Mexico

Woodside to proceed with $10.6b oil project off Mexico

Woodside to proceed with $10.6b oil project off Mexico

Woodside Energy is moving forward with a $10.6 billion plan to develop the Trion oil field in the Gulf of Mexico, drawing criticism from climate activists.

Gas code promises secure supply at 'reasonable' prices

Gas code promises secure supply at 'reasonable' prices

Gas code promises secure supply at 'reasonable' prices

Gas code promises secure supply at 'reasonable' prices

A code of conduct will be imposed on gas producers to avert future price shocks for consumers but the industry fears it could stymie investment in new supply.

Federal inquiry backs carbon imports for capture

Federal inquiry backs carbon imports for capture

Federal inquiry backs carbon imports for capture

Federal inquiry backs carbon imports for capture

Australia could be at the forefront of carbon storage for the region given its geology, industry experience and demand from trading partners, an inquiry finds.

Carbon storage dump for global exhaust supports new gas

Carbon storage dump for global exhaust supports new gas

Carbon storage dump for global exhaust supports new gas

Carbon storage dump for global exhaust supports new gas

Carbon-constrained gas firms will trap and store emissions to support new fields, with regulatory support from federal Labor and a carbon credit revenue stream.

Macquarie Bank not so green with billions dipped in oil

Macquarie Bank not so green with billions dipped in oil

Macquarie Bank not so green with billions dipped in oil

Macquarie Bank not so green with billions dipped in oil

To align investments with global climate promises, Macquarie Group will need to increase green investments and dump billions staked on new oil and gas.

New offshore gas up in the air as acreage access stalls

New offshore gas up in the air as acreage access stalls

New offshore gas up in the air as acreage access stalls

New offshore gas up in the air as acreage access stalls

Adding to gas supply uncertainty, bids for offshore petroleum acreage remain in limbo after more than a year and the next round is unclear after fierce debate.

Unnamed NSW MP accused of 'meowing' at Labor minister

Unnamed NSW MP accused of 'meowing' at Labor minister

Unnamed NSW MP accused of 'meowing' at Labor minister

Unnamed NSW MP accused of 'meowing' at Labor minister

A "meowing" accusation levied at an unnamed NSW opposition MP has overshadowed the passing of tax breaks for some homebuyers and a push to ban offshore gas.

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Climate changing for financing fossil fuel expansion

Santos and Woodside Energy are on a shortlist of firms that may find finance for expansion more elusive as the investor climate strike extends beyond coal.

Santos hits back in fight over Barossa gas project

Energy company Santos has rejected criticism of its actions in relation to its Barossa gas project off the Northern Territory coast.

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