Australia

BHP Billiton's Fayetteville Shale Gas Assets For Sale

BHP first tried to sell the Fayetteville assets more than two years ago, having made the shale gas investment in 2011 before writing it down by $2.8 billion a year later after gas prices dropped.

Apr 26 2017 - 7:50am

Chevron Loses Australian Tax Appeal In Landmark Case

Chevron said it was disappointed by the judgment in the case, which covers the five tax years from 2004 through 2008.

Apr 21 2017 - 8:05am

‘Ex-Western Australia Premier Is Entertaining A Pipe Dream’

Proposal for coast-to-coast gas pipeline mocked; shipping LNG from west to east called cheaper.

Apr 21 2017 - 6:00am

Petronas Seeks Buyers For $1 Billion Offshore Gas Project Stake

If successful, the deal could mark Petronas’ biggest upstream stake sale since oil prices started declining more than two years ago. Petronas is targeting lowering operating expenses, job cuts and project rollbacks to help it navigate through the low oil price environment.

Apr 10 2017 - 8:49am

Australian Deputy Prime Minister Flags Lifting Gas Drilling Bans

Australia's deputy prime minister said he would support lifting bans on coal seam gas (CSG) drilling if landowners were given a bigger slice of royalties, a significant policy shift as the country scrambles to avoid a looming energy crisis.

Mar 21 2017 - 8:52am

Australia Threatens Gas Majors With ‘Action’ To Avert Domestic Shortage

ExxonMobil, Shell promise the government that natural gas will be available for domestic use.

Mar 20 2017 - 10:27am

Australia’s LNG Hour Of Truth At Hand

Australia is on the cusp of becoming the world’s largest LNG exporter. At AOG 2017, the question being asked is whether that will be good for the country?

Feb 23 2017 - 7:03am

Meet Australia’s Oil And Gas Stock Star—In Alaska

Australia-based, but Alaska-focused 88 Energy was Australian Stock Index star as the country’s oil and gas sector climbed out of a very deep hole.

Feb 17 2017 - 12:00pm

Engineering Firm CIMIC Exits Australia's Ichthys LNG Project

Inpex holds 72.8% of the project, France's Total 24%, with the rest spread over Japanese utilities Tokyo Gas, Osaka Gas and Toho Gas, Reuters reported.

Jan 25 2017 - 8:51am

Australia's Origin Energy Will Spin Off Conventional Assets In IPO

The proposed IPO will not require Origin shareholder approval and is set to list next year, the company said, according to Reuters.

Dec 5 2016 - 4:30pm

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