News

  • 05 Mar, 2025

    Global oil and gas industry maintains contract value despite volume decline in Q4 2024

  • Suriname emerges as new frontier in Guyana-Suriname Basin oil exploration

    05 Mar, 2025

    Suriname emerges as new frontier in Guyana-Suriname Basin oil exploration

  • Australian gas industry contributes $105b to national economy

    28 Feb, 2025

    Australian gas industry contributes $105b to national economy

  • Asian LNG imports plunge as high prices drive buyers away

    26 Feb, 2025

    Asian LNG imports plunge as high prices drive buyers away

  • Global oil and gas industry maintains contract value despite volume decline in Q4 2024
    05 Mar, 2025
  • Suriname emerges as new frontier in Guyana-Suriname Basin oil exploration
    05 Mar, 2025
  • Australian gas industry contributes $105b to national economy
    28 Feb, 2025
  • Asian LNG imports plunge as high prices drive buyers away
    26 Feb, 2025

Australian gas industry contributes $105b to national economy

28 Feb, 2025
Australian gas industry contributes $105b to national economy
A new economic analysis by KPMG has highlighted the substantial impact of the Australian gas industry on the national economy. The report, commissioned by Australian Energy Producers, reveals that the industry contributes $105 billion annually and supports 215,000 jobs across the country. The Economic Contribution of the Gas Industry report, based…

Asian LNG imports plunge as high prices drive buyers away

26 Feb, 2025
Asian LNG imports plunge as high prices drive buyers away
Asia's liquefied natural gas (LNG) imports are set to hit a near two-year low in February, as soaring prices prompt buyers to seek alternatives. The continent's LNG intake is projected to reach just 20.7 million tonnes (mt) this month, a significant drop from 24.59mt in January and 22.67mt in February…

Woodside Energy reports record production and profit for 2024

26 Feb, 2025
Woodside reports successful reserves update as a result of merger with BHP
Woodside Energy Group (ASX: WDS) has announced record-breaking production and a substantial increase in profits for the full year 2024. The company reported production of 193.9 million barrels of oil equivalent (MMboe), or 530 Mboe/day, marking a significant milestone in its operational history. The company's net profit after tax (NPAT)…

UK’s energy transition from oil and gas criticised by sector

26 Feb, 2025
UK's energy transition — a race against time
With ambitious renewable energy targets looming, the UK is under increasing pressure to accelerate its transition away from oil and gas. The UK government, six months into its term, has doubled down on clean energy commitments, including closing the last coal power plant, halting new North Sea drilling licences, and…

Natural gas crucial for energy transition, Wood Mackenzie report finds

26 Feb, 2025
Wood secures FEED contract for major US natural gas pipeline project
A new report from Wood Mackenzie highlights the vital role of natural gas in the global energy transition, supporting renewable expansion and accelerating the shift away from coal. The bridge: Natural gas's crucial role as a transitional energy source report emphasises that natural gas remains fundamental to meeting global energy…

Drone strike disrupts Caspian Pipeline, raising terrorism concerns

24 Feb, 2025
Drone strike disrupts Caspian Pipeline, raising terrorism concerns
A drone attack has disrupted operations at the Kropotkinskaya pumping station, a critical facility managed by the Caspian Pipeline Consortium (CPC), responsible for a major portion of Kazakhstan's oil exports. The CPC has labelled the incident, which involved seven drones, as an act of terrorism. The Kropotkinskaya station, located in…