At the AIEN International Energy Summit, industry leaders engaged in a thought-provoking discussion on the relevance of natural gas, particularly liquefied natural gas (LNG), in shaping a secure, affordable, and sustainable energy future. The panel, moderated by Edward Taylor, Partner at A&O Shearman, brought together Andrew Kirk, Vice President Origination,…

In a stark warning, EnergyQuest has raised concerns about an impending gas supply shortfall on the east coast of Australia. The East Coast Gas Outlook 2019, published five years ago, predicted a gas supply deficit beginning in 2026 and escalating in 2028. This projection has been corroborated by recent reports…

A recent joint study has revealed that well-to-wake emissions in the Pilbara-to-Asia iron ore export trade route can be reduced by over 90 per cent by 2050 through the use of Liquefied Methane (LNG). This ambitious target is part of a broader strategy to decarbonise international shipping and achieve net-zero…

Santos Direct Pty Ltd, one of Australia's largest natural gas producers, has been ordered to pay a $2.75 million penalty by the Federal Court for widespread breaches of record-keeping rules in the nation's gas market. In a judgment handed down on 4 June 2024, Justice Neskovcin found that between March…

The oil and gas contracts market experienced significant turbulence in the first quarter of 2024, with the disclosed contract value plummeting by a staggering 37 per cent quarter-on-quarter (QoQ), according to a new report from GlobalData. The report, titled Oil and Gas Industry Contracts Review by Sector, Region, Terrain, Planned…

Italian energy major Eni has been crowned the upstream industry's most-admired explorer in Wood Mackenzie's prestigious annual Exploration Survey for a record-tying fifth time. The 16th edition of the industry-leading survey polls views from across the exploration sector, asking respondents to identify which explorer, aside from their own company, they…

ConocoPhillips (NYSE: COP) and Marathon Oil Corporation (NYSE: MRO) have entered into a definitive agreement where ConocoPhillips will acquire Marathon Oil in an all-stock transaction valued at $22.5 billion, including $5.4 billion of net debt. Marathon Oil shareholders will receive 0.2550 shares of ConocoPhillips common stock for each share of…

Chevron Australia's innovative programs aimed at stamping out workplace bullying have taken home top honours at the Australian oil and gas industry's prestigious Excellence Awards. At a gala dinner, during the 2024 Australian Energy Producers Conference & Exhibition, Chevron won the coveted Chair's Award for its 'Be an Upstander' and…