Markets International

Transborders eyes FLNG development

Transborders Energy has signed a Joint Study Agreement with a major Asian LNG buyer to work together on a floating LNG (FLNG) development.

ExxonMobil, operator of the PNG LNG Project, has restarted production safely following a shutdown of operations after a severe earthquake on 26 February.

Australia’s resources and energy earnings are set to increase to $230 billion in 2017-18, with LNG being the largest growth contributor.

While the Australian energy market currently faces unprecedented challenges, technology is creating significant opportunities for the industry.

AWE farms out NZ permit

AWE Limited has entered into a farmout agreement with New Zealand Oil & Gas (NZOG) for PEP 55768 located in the onshore Taranaki Basin on New Zealand’s North Island.

Santos receives takeover bid

US based Harbour Energy has lodged a $13.5 billion takeover offer for Santos, which values the producer's shares at $6.50.

An average of $7.1 billion per year is forecast to be spent on 31 upcoming oil and gas fields in Oceania between 2018 and 2025, according to GlobalData.

As confidence returns to the oil and gas sector, Australia’s operators must maintain their disciplined focus on efficiency, productivity, operational excellence and control of costs, while positioning themselves for what’s coming next, according to Deloitte.

Australia and the United States have signed an agreement to promote the development energy facilities in Asian markets, while boosting demand for Australian and US LNG exports.

Top gas executives and energy experts weigh in on oil price debate

Gas Today asks gas executives and energy experts why the low oil prices will not reverse the Australian gas industry’s progress over the last few years.

What does COP21 mean for the natural gas industry?

COP21 has been and gone, but the ramifications of the freshly minted Paris Agreement are being felt in the broader energy sphere – no less so in the natural gas...

Gas' oil price hangover

The International Energy Agency (IEA) has painted an uncertain picture for gas-producing economies, with the oil price slump expected to claim a few casualties and some Asian importers poised to...

Jereh Group becomes Ariel’s only global market packager outside of North America

Jereh Group has announced that it is the only global market packager outside North America for natural gas compressor manufacturer Ariel.

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