Tamboran Resources Corporation has reported record performance in the Beetaloo Basin with strong drilling and flow test results, regulatory approvals, and key leadership changes during the latest quarter. The company delivered record IP30, IP60 and IP90 flow testing from the Shenandoah South 2H sidetrack (SS-2H ST1) over a 5,483-foot stimulated…

Woodside Energy has joined forces with Japan Suiso Energy, Ltd. (JSE) and The Kansai Electric Power Co., Inc. (KEPCO) to advance the establishment of a liquid hydrogen supply chain between Australia and Japan, signing a new memorandum of understanding (MOU) that underscores both nations’ commitment to clean energy cooperation. The…

China’s crude stockpiling has emerged as a critical factor underpinning global oil prices, with Brent M1 futures holding above US$65 per barrel in recent months despite OPEC+ unwinding production cuts at a faster-than-expected pace since May. Analysts say Beijing’s aggressive inventory build has provided a temporary floor to the market,…

The European Union has moved to tighten its energy sanctions against Moscow, announcing plans to phase out Russian liquefied natural gas (LNG) imports a year earlier than originally scheduled. The bloc now aims to complete its withdrawal by 1 January 2027, as part of its 19th sanctions package on Russia,…

Sixteen African nations have joined forces to launch a continental forum designed to harmonise petroleum regulations and boost investment in the region’s energy sector. The African Petroleum Regulators Forum (AFRIPERF), led by Nigeria, was formally established with the signing of its charter in Accra on the sidelines of Africa Oil…

The Australian government’s ambitious 2035 climate target will require policies that acknowledge the essential role of natural gas in reducing emissions while maintaining reliable and affordable energy for Australians. Australian Energy Producers Chief Executive Samantha McCulloch emphasised that Australia’s oil and gas sector is already contributing significantly to emission reductions…

An XRG-led consortium, including Abu Dhabi Development Holding Company (ADQ) and Carlyle, has withdrawn its US$18.7 billion ($28.17 billion) indicative offer to acquire 100 per cent of the issued shares of Australian oil and gas producer Santos. The move follows months of negotiations, extensions, and due diligence, with the consortium…

The International Energy Agency (IEA) has issued a critical report warning of accelerated decline rates in global oil and gas fields, underscoring the urgent need for sustained investment to secure future energy supplies. The report, titled The Implications of Oil and Gas Field Decline Rates, draws on extensive data from…