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Australia

Australia
2017, December, 18, 12:20:00

AUSTRALIA STOPS COAL

PLATTS - National Australia Bank announced Thursday it will no longer provide financing for new thermal coal projects.

Australia
2017, June, 28, 15:00:00

AUSTRALIA - CHINA LNG UP

Among China's LNG suppliers Australia has fared best, with imports rising 42.7 percent in the first five months to 5.39 million tonnes, almost double that of second-placed Qatar at 2.84 million tonnes.

Australia
2017, June, 24, 09:40:00

AUSTRALIAN LNG CONTROL

Australia is set to apply LNG export controls, aimed at securing domestic supply of gas and keeping prices of the fuel in check, from January 1, the government announced earlier this week despite industry warnings about the decision's potential impact on energy investment.

Australia
2016, October, 31, 18:45:00

AUSTRALIAN LNG INFLATION

“The rampant cost inflation on Australian projects combined with the collapse in oil prices is damaging for a lot of these projects,” said Neil Beveridge, analyst at Bernstein. LNG prices have been affected by a supply glut and are also linked to oil prices in Asia.

Australia
2016, October, 14, 18:40:00

AUSTRALIAN LNG: 25 MLN MT

The three facilities have the combined capacity to supply 25mn mt/yr of LNG –equal to about 8% of the world’s production, Bechtel said October 11.

Australia
2016, August, 19, 18:40:00

AUSTRALIA'S OIL PROFIT DOWN

The slumping oil price has carved a chunk out of Australian oil and gas majors, with Woodside Petroleum reporting that profits halved in the first six months of the year while Santos swung to a loss of more than $1bn.

Australia
2016, August, 15, 18:40:00

AUSTRALIAN LNG UP TO 2%

Australia’s LNG exports rose by 2% last month following a worldwide rise in demand for the product.

Australia
2016, July, 7, 18:05:00

LNG: BIG AUSTRALIA

Gross Australian LNG production increased by 53.2% in the March quarter to 10.1 MMt with the ramp-up of production from Australia Pacific LNG (APLNG) and Golar LNG (GLNG) projects in Queensland and the first cargo from the Gorgon project in Western Australia. The country's LNG exports reached 3.8 MMt during the same period, while Russia's LNG exports totaled 2.5 MMt.

Australia
2016, June, 23, 18:00:00

AUSTRALIAN LNG UP

“The decline in prices is unlikely to lead to a significant reduction in production from existing producers because the high fixed costs of building the infrastructure have been paid and marginal production costs are relatively low,” said Ms Heath.

Australia
2016, May, 22, 15:15:00

PAPUA NEW GUINEA: $2.2 BLN

Oil Search Ltd. has moved to consolidate natural-gas developments on Papua New Guinea with a US$2.2 billion deal to buy U.S.-listed midsize energy company InterOil Corp amid a growing natural gas glut.

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