COVID-19’s impact has started to show with Australian liquefied natural gas (LNG) shipments in May dropping by seven cargoes, according to EnergyQuest. Outlined in its May 2020 report, LNG shipments
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Worley to save $275m in business restructure
Worley has highlighted the year of 2020 as a “tipping point” amid an accelerated energy transition due to COVID-19 challenges. The company intends to save $275 million of operational savings
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EnergyQuest records east coast gas supply increase
East coast gas supply has increased marginally by 4 petajoules (PJ) from 458.2 PJ to 462.2 PJ in the first quarter of 2020, despite a decrease in conventional production by 9.7 PJ, the lowest since 1998.
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APPEA emphasises industry role in Australian economy
Australian Petroleum Production and Exploration Association (APPEA) has revealed that due to Australia’s 61 per cent increased value on liquified natural gas (LNG) exports over the past 30 years, the nation has been able to maintain economic resilience during COVID-19.
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EnergyQuest anticipates economic interference amid COVID-19
EnergyQuest has predicted in its April report that the next couple of years are likely to be characterised by economic disruption, uncertain energy demand and lower prices, with spending cuts for energy producers.
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The power of industry collaboration amid uncertain times
The 2020 Australasian Oil and Gas (AOG) Conference reinforced the importance of collaboration ahead of the looming impact of falling oil prices and COVID-19.
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Pilbara shapes as international LNG fuelling hub
The Western Australian Government is leading a push to establish an LNG fuelling hub for bulk vessels in the Pilbara, building on the state’s strength in the industry.
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Sensing and success in an oil and gas platform
Monitoring, maintenance and meeting strict standards are all important parts of operating in an oil and gas platform.
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Oil Search confirms robust position amid COVID-19
Oil Search has described the first quarter of 2020 as one of the most “volatile periods in history” for the company despite production increasing by 5 per cent and operated production sky-rocketing
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State Gas targets sales gas by end of 2021
Despite the impact of COVID-19, State Gas has reassured the market it is in a fortunate position to be operating with a 100 per cent ownership of a central Queensland gas field in the advanced stages of
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