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Latest news: Oil and Gas - Upstream Activities

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.

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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.

Climate changing for financing fossil fuel expansion

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

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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