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Latest news: Oil and Gas - Upstream Activities

Consumers hit in decade-long 'jihad on gas', users say

Consumers hit in decade-long 'jihad on gas', users say

Investment delays or ending projects to develop gas reserves could result in a worse supply outlook, a regulator warns, as pressure on the industry intensifies.

Call to block Woodside's $50b gas peninsula expansion

Call to block Woodside's $50b gas peninsula expansion

Call to block Woodside's $50b gas peninsula expansion

Call to block Woodside's $50b gas peninsula expansion

Prominent Australians have urged Environment Minister Tanya Plibersek to save sacred sites they say are at risk from a new gas export hub in Western Australia.

'Deliberate demand destruction' stinging gas consumers

'Deliberate demand destruction' stinging gas consumers

'Deliberate demand destruction' stinging gas consumers

'Deliberate demand destruction' stinging gas consumers

Western Australia faces an immediate gas supply risk triggered by the rush to run the nation on renewable energy, an audience of business leaders has heard.

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Woodside Energy deal to secure domestic WA gas supply

Woodside Energy deal to secure domestic WA gas supply

Woodside Energy says it is in the final stages of striking a deal with the West Australian government to make more gas available for the local market.

Beetaloo 'massive sinkhole' for taxpayers, investors

Beetaloo 'massive sinkhole' for taxpayers, investors

A vast source of onshore gas up for development could waste billions of taxpayer and investor dollars by being unable to compete with a "glut" of foreign LNG.

Woodside preparing 'new climate bomb' on gas peninsula

Woodside preparing 'new climate bomb' on gas peninsula

A gas hub proposed by Woodside Energy would undermine efforts to counter climate change and seriously damage Australia's credibility, environmentalists say.

Woodside, Santos expansion less than super for funds

Woodside, Santos expansion less than super for funds

Some superannuation funds are reducing exposure to Woodside and Santos as members demand more climate action instead of their money bankrolling new gas fields.

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Who Dat: Karoon Energy reveals record $126m profit

Who Dat: Karoon Energy reveals record $126m profit

Who Dat: Karoon Energy reveals record $126m profit

Who Dat: Karoon Energy reveals record $126m profit

Karoon Energy has posted its best-ever profit and is looking forward to more production from its oil and gas field apparently named by a New Orleans Saints fan.

Gas giant Santos accused of eroding shareholder value

Gas giant Santos accused of eroding shareholder value

Gas giant Santos accused of eroding shareholder value

Gas giant Santos accused of eroding shareholder value

Gas giant Santos has been accused of eroding shareholder value with a record dividend and no update on the future after Woodside merger talks were terminated.

NSW offshore drilling ban will be Australian first

NSW offshore drilling ban will be Australian first

NSW offshore drilling ban will be Australian first

NSW offshore drilling ban will be Australian first

NSW is shutting the door on offshore drilling and mining operations in its waters, sabotaging PEP-11 and other projects.

Santos reveals extent of costs from Barossa court delay

Santos reveals extent of costs from Barossa court delay

Santos reveals extent of costs from Barossa court delay

Santos reveals extent of costs from Barossa court delay

Oil and gas giant Santos will have to spend hundreds of millions of dollars extra on its massive Barossa LNG project after it was hit by legal delays.

Quantum deal mines geophysics for hazards, exploration

Quantum deal mines geophysics for hazards, exploration

Quantum deal mines geophysics for hazards, exploration

Quantum deal mines geophysics for hazards, exploration

A hazard and minerals detection deal struck by an Aussie quantum start-up and the US Geological Survey could unlock a new generation of technologies.

Twiggy attacks Woodside's 'death race' gas project

Twiggy attacks Woodside's 'death race' gas project

Twiggy attacks Woodside's 'death race' gas project

Twiggy attacks Woodside's 'death race' gas project

Australia's second richest person, mining magnate Andrew 'Twiggy' Forrest, has renewed his attack on the fossil fuel industry and Woodside Energy.

Energy barons face-off over clean gas at climate summit

Energy barons face-off over clean gas at climate summit

Energy barons face-off over clean gas at climate summit

Energy barons face-off over clean gas at climate summit

As negotiators gather for the final week of a milestone climate summit, the gas lobby says Australia's sector is already years ahead on emissions reduction.

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Climate information integrity threat ahead of summit

The climate crisis is being made worse by an information crisis, with some Australian outlets accused of peddling fake news and adding to confusion and delay.

Rift between net-zero climate pledges, carbon footprint

Woodside, Chevron and Glencore have been assessed as at significant risk of "net-zero greenwash" and are urged to join the "climate ambition loop" instead.

Offshore carbon capture next frontier of 'ocean abuse'

As leaders prepare for climate talks, researchers warn against relying on storing greenhouse gas emissions in depleted wells under already fragile oceans.

Energy minister confident in NT gas after setbacks

The Northern Territory Energy and Mining Minister Nicole Manison says she is still confident in the industry after a tough two weeks.

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Call for Santos to give up on Narrabri as precinct axed

Clean industry advocates say renewable energy and sustainable agriculture are the future of Narrabri, as the NSW government axes a gas-led industrial precinct.

Beetaloo 'climate bomb' cannot be offset, inquiry told

Independent modelling suggests governments have underestimated emissions from the Northern Territory's proposed Beetaloo Basin project and a Darwin Harbour hub.

Tiwi elders ask Plibersek to protect cultural heritage

Tiwi Islanders have opened a new front in their fight against Santos' Barossa gas project, which they believe will damage their underwater cultural heritage.

Fresh records for renewables but fears linger for bills

Renewable energy is setting records and wholesale energy prices are returning to normal, but federal Labor is warning of bill shock if the rollout is delayed.

Santos ploughs ahead with Barossa despite drilling ban

Investors are sceptical that Santos can meet its timeline to deliver the controversial Barossa gas project as it forges ahead without drilling approvals.

Woodside calls for gas-permitting reforms after ruling

Woodside Energy is lamenting a court decision to invalidate a permit on its $16 billion Scarborough gas project on grounds involving Indigenous consultation.

Origin Energy eyes keeping Eraring running beyond 2025

Origin Energy says talks continue with the NSW government on delaying the closure of Australia's largest coal plant Eraring to support a reliable power supply.

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Politics Australia New South Wales Economy, Business and Finance Western Australia Environmental Issue Indigenous People Energy Energy and Resource Environmental Politics Northern Territory Science and Technology Computing and Information Technology Agriculture Mining Consumers Electricity Production and Distribution Space Programme Summit Banking

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