BHP has released the world’s first bulk carrier tender for LNG-fuelled transport for up to to 27 million tonnes of its iron ore. Introducing LNG-fuelled ships into BHP’s maritime supply chain is expected to eliminate NOx (nitrogen oxide) and SOx (sulphur oxide) emissions and significantly reduce CO2 emissions along the busiest bulk transport route globally. Rashpal Bhatti, Vice President, Maritime and Supply Chain Excellence said that emissions resulting from the transportation and distribution of BHP’s products represent a material source of its value chain emissions (Scope 3). “We recognise w... more

AGL Energy Limited (AGL) has announced that the company expects first gas to be delivered from the proposed AGL Gas Import Jetty at Crib Point in Victoria in the second half of FY22. AGL had previously indicated first gas could potentially be delivered during FY21. Confirmation of this timetable follows AGL's decision this week to select the Hoegh Esperanza as the floating storage and regasification unit (FSRU) for the Crib Point project, as opposed to the Hoegh Giant as communicated in December 2018. AGL believes the Esperanza better fits timing and operational requirements arising from the Environment Ef... more

Australian gas consumers will soon benefit from new gas supplies after leading energy infrastructure company, Jemena, commenced construction of the Atlas Gas Pipeline today. Located approximately 20km south-west of Wandoan in Queensland, the Atlas Gas Pipeline Project will see Jemena and its partners construct a 60km, 8 inch steel-coated, buried gas pipeline and compressor station, which will connect gas from Senex Energy’s Atlas gas field to the east-coast gas market via the Wallumbilla Gas Hub. The Atlas acreage is Queensland’s first domestic-only gas supply with all gas ear-marked for the domestic m... more

Woodside has commenced front end engineering and design activities for their proposal to develop additional gas resources from the Scarborough and Browse/North West Shelf Extension projects. Woodside expects to invest more than $A40 billion of capital expenditure to develop 20 to 25 trillion cubic feet of gross dry gas resources for customers in Western Australia and around the world. At a recent CEDA WA event, Woodside Chief Operations Officer Meg O’Neill said they are making progress in terms of regulatory approvals, with the EPA recently recommending environmental approval of the interconnector. â€... more

BP will go ahead with the development of the Thunder Horse South Expansion Phase 2 project in the deepwater Gulf of Mexico. The project will further boost output at one of the largest oil fields in the Gulf of Mexico and marks BP’s latest major investment in the U.S. offshore region. The project is expected to add an estimated 50,000 gross barrels of oil equivalent per day (boe/d) of production at its peak at the existing Thunder Horse platform, with first oil expected in 2021. Starlee Sykes, BP’s regional president for the Gulf of Mexico and Canada said the expansion is another example of how ... more

Construction has commenced on ASX-listed production and exploration company, Whitebark Energy Ltd's, 30 per cent owned Wizard Lake surface facilities in Canada. The Wizard Lake development program encompasses the construction of a pipeline and installation of initial production facilities on a multi-well pad and the drilling of two new Wizard Lake wells in this calendar year. Construction of the facilities - an access road and installation of pipelines - comprise the next stage of the Wizard Lake development that will bring the Rex-1 well into production and facilitate drilling of the Rex-2 and Rex-3 wells... more

Melbana Energy Limited has advised that the Cuba Block 9 Production Sharing Contract (Block 9 PSC) farminee Anhui Modestinner Energy Co., Ltd. (AMEC), a wholly owned and guaranteed subsidiary of Anhui Guangda Mining Investment Co. Ltd. (AGMI), has not satisfied the Conditions Precedent in the Farmout Agreement within the time allocated. As a result of AMEC’s failure to satisfy the Conditions Precedent within the required timelines, Melbana has terminated the Farmout Agreement to enable it to progress discussions with other potential farminees interested in gaining exposure to the company’s portfolio of ex... more

Oil and gas company, Equinor, will now add seven offshore exploration blocks to its portfolio, after presenting winning bids in the 1st Offshore Licensing Round in Argentina. The bid round was arranged in Buenos Aires on 16 April. A total of 38 blocks were on offer in the licensing round, the first open bid round for Argentinean offshore acreage in more than 20 years. Equinor submitted the winning bids for five blocks as operator. The Company also participated in winning bids for one block to be operated by YPF and one block to be operated by Total. In commenting on the news, Equinor’s executive... more