Projects

  • Tamboran plans US Listing on NYSE to boost funding for Beetaloo Basin Project

    PROJECTS

    Tamboran plans US listing on NYSE to boost Beetaloo Basin Project funding

    Tamboran Resources Corporation (ASX: TBN) has announced its intention to list its shares of common stock on the New York Stock Exchange (NYSE) through a US Initial Public Offering (IPO) under the ticker "TBN". ... more

  • QPM launches drilling operations for Teviot Brook South wells

    PROJECTS

    QPM launches drilling operations for Teviot Brook South wells

    Queensland Pacific Metals Ltd (ASX:QPM) has announced the start of drilling operations for seven new production wells at the Teviot Brook South area in South East Queensland,. This initiative is part of the ... more

  • QPM announces 38 per cent increase in Moranbah Project Reserves

    PROJECTS

    QPM announces 38 per cent increase in Moranbah Project reserves

    Queensland Pacific Metals Ltd (ASX:QPM) has reported a substantial increase in reserves at its Moranbah Project in Queensland, with 2P reserves rising by 38 per cent from 240PJ to 331PJ. The independently ce... more

  • Tamboran signs major gas supply agreement with NT government

    PROJECTS

    Tamboran signs major gas supply agreement with NT government

    Tamboran Resources Corporation (TBN) has announced the signing of a binding Gas Sales Agreement (GSA) with the Northern Territory government to supply 40 TJ per day (~19 TJ per day net to Tamboran) from the pro... more

  • Tamboran plans US listing on NYSE to boost Beetaloo Basin Project funding
    06 May, 2024
  • QPM launches drilling operations for Teviot Brook South wells
    03 May, 2024
  • QPM announces 38 per cent increase in Moranbah Project reserves
    03 May, 2024
  • Tamboran signs major gas supply agreement with NT government
    24 Apr, 2024

ExxonMobil to convert Altona Refinery to import terminal

ExxonMobil has said the Altona Refinery is no longer considered economically viable and will be converted to an import terminal, which will ensure ongoing, reliable fuel supply for Victoria. The company said the decision was made following an extensive review of operations at Australia’s smallest refinery, which commenced operation in 1949. The review reportedly considered the competitive supply of products into Australia, declining domestic crude oil production, future capital investments and the impacts of these factors on operating earnings. Chairman of ExxonMobil Australia, Nathan Fay, said ExxonM... more

Esso on track to deliver West Barracouta gas to domestic market in 2021

On 28 January 2021, Esso Australia Pty Ltd (Esso, a subsidiary of ExxonMobil Australia Pty Ltd) revealed that it was nearing completion of its West Barracouta project, which will bring much-needed new gas supply to the Australian domestic market this year, as it gets ready to construct the project’s final subsea infrastructure. The West Barracouta gas development involves the drilling of two gas production wells and the construction of associated subsea gas production facilities to access gas in the existing Barracouta field. The development will leverage Esso’s existing oil and gas production infrastruct... more

First-time gas explorer gets green light in world class Bowen and Surat Basins

A Queensland-based company has been given the green light to explore for gas on prospective land in the world-class Bowen and Surat basins. Minister for Resources, the Hon. Scott Stewart, detailed first-time explorer AusGasCo CSG Pty Ltd has been appointed preferred tenderer for two blocks, located to the east and south-east of Injune, totalling 114 square kilometres. “Not only are we are doing all we can to get more gas in the market, but we are welcoming first-time junior explorers to help bring more jobs and economic benefits to Queensland,” Minister Stewart said. “In fact, during 2020 we relea... more

bp and Qantas form strategic partnership to advance net-zero emissions

Qantas and bp have announced a strategic partnership to further advance their shared net-zero ambitions. Through the collaboration, the companies will work together on opportunities to reduce carbon emissions in the aviation sector and contribute to the development of a sustainable aviation fuel industry in Australia. The two companies have agreed to explore ways in which bp’s global capabilities, skills and knowledge can support Qantas’ industry-leading sustainability and environmental strategy. Jointly, the teams will explore opportunities and projects in areas including advanced sustainable fuels, a... more

Waitsia Stage 2 project approved subject to strict conditions

The Waitsia gas field is ranked one of the top five largest gas fields ever discovered onshore in Australia. AWE Perth Pty Ltd, under the Mitsui E&P Australia brand, is proposing to further develop the gas field through the Waitsia Stage 2 project - which has now been formally approved by Western Australia's Environment Minister, Stephen Dawson. The Waitsia Stage 2 project is proposed to involve: The construction and operation of 250 terajoule per day gas plant and related infrastructure approximately 16 kilometres east-south-east of the Dongara-Port Denison town sites; The drilling of up to six n... more

Woodside finalises arrangements to connect WA gas facilities

Woodside Burrup Pty Ltd and the North West Shelf (NWS) Project participants have finalised arrangements with the Western Australian Government enabling the supply of Pluto feed gas, via an interconnector pipeline, for processing at the NWS Project’s Karratha Gas Plant (KGP). These arrangements follow the execution of a fully termed gas processing agreement in December 2020 between Woodside Burrup and the NWS Project participants to process approximately 3 million tonnes of LNG in aggregate and approximately 24.7 petajoules of domestic gas at KGP in the processing period (2022 to 2025). Woodside has also ... more

Woodside signs hydrogen agreement with Tasmanian Government

Woodside Energy Ltd has signed a Memorandum of Understanding (MOU) with Tasmania that outlines the State Government’s support for the proposed H2TAS project, a renewable hydrogen production facility at Bell Bay that capitalises on the state’s advantage in green energy. In parallel with the MOU, Woodside has executed a non-binding term sheet with Tasmanian natural gas retailer, Tas Gas, to develop a framework for blending (and for the potential associated sale of) green hydrogen into the Tasmanian gas network. Woodside CEO, Peter Coleman, said the agreement highlights the Tasmanian Government’s commit... more
Tamboran plans US Listing on NYSE to boost funding for Beetaloo Basin Project

Tamboran plans US listing on NYSE to boost Beetaloo Basin Project funding

Tamboran Resources Corporation (ASX: TBN) has announced its intention to list its shares of common stock on the New York Stock Exchange (NYSE) through a US Initial Public Offering (IPO) under the ticker "TBN". The company's shares of common stock, represented by CHESS Depositary Interests (CDIs), will also continue to trade on the Australian Securities Exchange (ASX). The proposed listing on the NYSE will be carried out under the registration statement on Form S-1, which has been formally filed with the U.S. Securities and Exchange Commission (SEC). The listing is expected to occur once the registration... more
TotalEnergies to strengthen gas portfolio in Malaysia

TotalEnergies to strengthen gas portfolio in Malaysia

TotalEnergies has reached an agreement with Sapura Upstream Assets Sdn Bhd (SUA) to acquire its 50 per cent interest in Malaysian gas producer SapuraOMV Upstream Sdn (SapuraOMV) for $530 million. This deal, which is still subject to closing adjustments, is expected to be completed in the second half of 2024. This agreement follows an earlier deal with OMV signed on 31 January 2024, to acquire its 50 per cent interest in SapuraOMV. Upon completion of both transactions and meeting regulatory approvals, TotalEnergies will own 100 per cent of SapuraOMV. SapuraOMV's key assets include a 40 per cent operat... more
TotalEnergies and Oman advance Marsa LNG project

TotalEnergies and Oman advance Marsa LNG project

TotalEnergies has taken a monumental step towards sustainable energy collaboration with the Sultanate of Oman, solidifying their long-standing partnership. During a high-profile visit to Muscat on 21 April 2024, TotalEnergies CEO and Chairman Patrick Pouyanné convened with the Sultan of Oman and the Prime Minister of the Cabinet of Oman, His Majesty Sultan Haitham bin Tariq Al Said, and Minister of Energy & Minerals of the Cabinet of Oman, His Excellency Eng. Salim bin Nasser Al Aufi — reaffirming their shared commitment to future energy endeavours. At the heart of this historic encounter was the an... more
Hartshead Resources advances gas fields amid fiscal uncertainties

Hartshead Resources advances gas fields amid fiscal uncertainties

Hartshead Resources NL (ASX: HHR) has announced that despite uncertainties surrounding future fiscal policies, the P2607 Joint Venture (JV) remains committed to advancing the Phase 1 Gas Field Development of the Anning & Somerville Gas Fields, with the 2024 JV budget firmly in place. Hartshead CEO Chris Lewis stated: “The Joint Venture continues to work to move our gas development project forward, looking at innovative funding arrangements to potentially reduce upfront capital expenditure (CAPEX). “Discussions with policymakers and other stakeholders have been encouraging, and I anticipate that a p... more
TotalEnergies and SONATRACH sign MoU for hydrocarbon contract

TotalEnergies and Sonatrach sign MoU for hydrocarbon contract

TotalEnergies and Sonatrach have inked a Memorandum of Understanding (MoU) to finalise a hydrocarbon contract in the north-east Timimoun region in Algeria — under the auspices of Law n°19-13 governing hydrocarbon activities. The MoU outlines a work program for the appraisal and development of gas resources in the North-East Timimoun region. The plan aims to synergise with existing processing facilities for production from the Timimoun field, with the dual objectives of reducing costs and emissions. TotalEnergies - Exploration & Production - Senior Vice President Middle East & North Africa Jul... more
TotalEnergies completes sale of its Canadian assets to Suncor

TotalEnergies acquires 20 per cent interest in Dorado leases

TotalEnergies has announced the acquisition of Lewis Energy Group's 20 per cent interest in the Dorado leases operated by EOG Resources in the Eagle Ford shale gas play, enhancing its natural gas production capacity in Texas. This move strengthens TotalEnergies' integration in the U.S. LNG value chain. The Dorado field, located in Texas, is expected to boost TotalEnergies' net U.S. natural gas production by 50 million cubic feet a day (Mcf/d) in 2024, with the potential for an additional 50 Mcf/d by 2028. This acquisition aligns with TotalEnergies' strategy to enhance its LNG integration with a low-cost... more
TotalEnergies and SINOPEC partner on sustainable aviation fuel in China

TotalEnergies and SINOPEC partner on sustainable aviation fuel in China

TotalEnergies and China Petroleum and Chemical Corporation (SINOPEC) have signed an agreement to jointly develop a Sustainable Aviation Fuel (SAF) production unit at a SINOPEC refinery in China. The planned unit, to be jointly owned by SINOPEC and TotalEnergies, will have the capacity to produce 230,000 tonnes of SAF per year. It will process local waste or residues from the circular economy, such as cooking oils and animal fats. SINOPEC has developed its own SAF production technology — called SRJET — while TotalEnergies, already a leading SAF producer in Europe, will contribute its experience and e... more