Petroleum Australia | Petroleum Australia a Quality Oil and Gas Magazine

NEWS

Asia expected to lead global FCCU capacity growth by 2024

Asia is forecast to lead the global refinery fluid catalytic cracking units’ (FCCU) capacity growth, contributing approximately 45 per cent of the total global capacity growth by 2024, according to data and a... more
NEWS

Initiative to fast-track COVID-19 recovery for SMEs

Businesses across metropolitan and regional Western Australia impacted by the COVID-19 pandemic can now access tailored mentoring, coaching and support services to help them rebuild capacities, capability and i... more
NEWS

Minister provides update on the safety of the Northern Endeavour

Minister for Resources, Water and Northern Australia Keith Pitt has confirmed that the Federal Government remains committed to keeping the Northern Endeavour facility and the surrounding marine environment safe... more
NEWS

UK shelf could support 60 per cent of the country’s net-zero target

The Oil and Gas Authority (OGA) has published its Energy Integration Project report, which was produced in collaboration with Ofgem, The Crown Estate and the Department for Business, Energy and Industrial Strat... more

Asia expected to lead global FCCU capacity growth by 2024

14 Aug, 2020
Initiative to fast-track COVID-19 recovery for SMEs

14 Aug, 2020
Minister provides update on the safety of the Northern Endeavour

11 Aug, 2020
UK shelf could support 60 per cent of the country’s net-zero target

07 Aug, 2020

Beirut blast highlights inadequate dangerous goods regulations in Australia

Origin reports record production and financial aid to customers

Second quarter global oil and gas industry deals total $28.01B

Projects

Equinor sells interest in UK oil field development

05 Aug, 2020

Equinor has agreed to sell a 40.8125 per cent interest in and transfer operatorship of the Bressay oil field development on the UK continental shelf to independent UK-based petroleum exploration and production company, EnQuest. The initial consideration is GBP 2.2 million, payable as a carry against 50 per cent of Equinor’s net share of costs, with a contingent consideration of USD 15 million... more

Cooper Energy invests $55M to support increased gas supply

29 Jul, 2020

Critical Queensland gas pipeline turns 30

29 Jul, 2020

Alaskan oil explorer prepares for billion barrel farm out

24 Jul, 2020

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Business and Finance

Woodside forecasts a US$4.37 billion impairment

15 Jul, 2020

Following a review of its assets, Woodside has announced it expects non-cash, post-tax impairment losses of US$3.92 billion, comprising $2.76 billion for oil and gas properties (including deferred PRRT and income tax assets/liabilities), and $1.16 billion for exploration and evaluation assets (including deferred PRRT and income tax assets/liabilities). The Financial Statements are also expected... more