oil and gas Archives - Petroleum Australia

09 May, 2025

Woodside outlines growth and climate strategy at 2025 AGM

Woodside Energy Group Ltd. delivered a confident outlook for its future growth and climate ambitions at its Annual General Meeting on Thursday, as Chair Richard Goyder and CEO Meg O’Neill addressed shareholde... more
07 May, 2025

Trump threatens secondary sanctions over Iranian oil purchases

The United States has intensified its crackdown on Iranian oil exports, with President Donald Trump declaring that all purchases of Iranian oil and petrochemical products must cease immediately. In a stark w... more
07 May, 2025

INEOS and Covestro ink eight year LNG supply deal

INEOS and Covestro have announced a major long-term agreement for the supply of natural gas, marking a significant milestone in efforts to secure reliable energy for European industry. The deal, set to begin... more
06 May, 2025

Exxon and Chevron face off over Guyana oil block arbitration

The long-standing dispute between ExxonMobil and Chevron over the prized Stabroek oil block off the coast of Guyana is set to reach a critical juncture, with arbitration proceedings scheduled to begin on May 26... more

Woodside outlines growth and climate strategy at 2025 AGM

09 May, 2025
Trump threatens secondary sanctions over Iranian oil purchases

07 May, 2025
INEOS and Covestro ink eight year LNG supply deal

07 May, 2025
Exxon and Chevron face off over Guyana oil block arbitration

06 May, 2025

Woodside Energy awards $1m in grants to Karratha community organisations

Woodside reports successful reserves update as a result of merger with BHP

Warmer weather in Europe eases gas prices, Asian buyers eye future deliveries

Wood Mackenzie forecasts mixed outlook for upstream sector in 2025

Oil and gas sustainability association celebrates 50 years

Projects

Venture Global secures $3b CP2 loan

15 May, 2025

Venture Global’s subsidiary, Venture Global CP2 LNG, has closed a US$3 billion bank loan facility with commitments from 19 international banks to support the ongoing development of its CP2 LNG export project in Cameron Parish, Louisiana. The financing will be used to cover various project costs and fund reserves for debt service, fees, and other expenses related to the project. The CP2 LNG... more

BKV and Comstock to develop carbon capture projects in Texas

07 May, 2025

Chevron achieves first oil at Future Growth Project in Kazakhstan

28 Jan, 2025

Murphy Oil discovers promising new oil field in Cuu Long Basin

10 Jan, 2025

Business and Finance

Shell announces strong Q1 results and $3.5b share buyback program

Shell reports $5.6b Q1 earnings, launches buybacks

15 May, 2025

Shell has reported strong financial and strategic progress for the first quarter of 2025, underlining its resilience and commitment to shareholder returns despite a challenging market environment. The company posted adjusted earnings of US$5.6 billion for the quarter, reflecting robust performance across its business segments. Cash flow from operations excluding working capital (CFFO) reache... more

Woodside Energy to delist from London Stock Exchange

29 Oct, 2024

Chevron accelerates divestment strategy with US$6.5b Canadian asset sale

17 Oct, 2024

Woodside secures long-term LNG supply agreement with Japan’s JERA

18 Sep, 2024

Decommissioning is no longer just a regulatory checkbox—it’s an economic and environmental priority. Australia’s offshore sector is on the brink of large-scale decommissioning, with its government seeking guidance to dismantle over 200 oil and gas structures this year. The Centre of Decommissioning Australia (CODA) anticipates peak activity between February and July 2025, covering platform w... more

AI-driven innovations transforming oil and gas asset management

11 Feb, 2025

AI-Driven innovations transforming Oil and Gas Aset Management

Renewable power generation helping oil and gas operators reduce emissions

10 Feb, 2025

Project management the starting point to build resilience and new operational models

09 Feb, 2025

Events

Oil & Gas Asia (OGA) 2024

25 September 2024-27 September 2024

The 20th Anniversary Edition of Oil & Gas Asia (OGA) takes place on 25-27 September 2024, at the Kuala Lumpur Convention Centre, bringing together industry leaders, policymakers, and innovators to drive transformative change and propel the energy value chain. Established in 1987, OGA is recognised as one of the region’s most influential and successful energy events, showcasing the latest te... more

LNG 2026

2 Feb 2026-5 Feb 2026