Peter Milne

Carbon capture and storage

Santos internal analysis: $US1.6B Bayu-Undan carbon storage is low return and high complexity

Australian LNG producers are under pressure on emissions and decommissioning, and Santos wants to tackle both problems in one swoop at Bayu Undan, but it needs everyone to play along.

Energy Transition

MacTiernan defends WA Government backing gas…for now

WA hydrogen minister Alannah MacTiernan believes a viable green hydrogen industry will build community support for the State's economy relying less on gas.

Decommissioning

Tardy BHP ordered to clean up three oil and gas fields offshore WA and Victoria

Offshore regulator NOPSEMA has had enough of BHP's "limited action" and ordered the decommissioning of three fields, adding to the cleanup bill heading towards Woodside shareholders.

Newsletter

McGowan and Woodside play footsies again

• Santos’ big WA decomm exposure • industry emissions •

WA Government

McGowan won’t rule out favouring Woodside for carbon farming land

Woodside Petroleum needs massive amounts of land for carbon offsets and the WA Government appears to be laying out an exclusive red carpet for the LNG giant.

Decommissioning

WA onshore and coastal oil & gas clean up to cost billions

Santos and Chevron, through Varanus and Barrow Islands, have a big part to play in the clean up of 1000 oil and gas wells in WA, with about 300 ready to be plugged now.

Carbon Emissions

Gaps hold back EPA’s efforts to reduce carbon emissions from WA industry

WA's EPA is now restraining growth in carbon emissions from industry but it and State and Federal Governments need to do more to keep the State attractive to increasingly climate-concerned investors.

Newsletter

Santos net-zero claim questioned

• wins for Perth startups • $ for coal capacity? •

Newsletter

Woodside Petroleum: doubling to be dirtier

• Santos’ Dorado has a problem • Buru pivots •

Energy Transition

Woodside Petroleum: doubling down for a dirty decade

Woodside and BHP have responded to the energy transition by heading in opposite directions. Here are 13 takeaways about Woodside's future. They will need some luck.

Carbon Emissions

Santos' oil Dorado is a lode of Scope 3 emissions

Santos wants to approve its $2.8B Dorado oil project off WA in mid-2022 but science and the law will provide hurdles to its 165 million tonnes of carbon pollution.

Newsletter

Meg O'Neill appointed permanent Woodside ceo

• Twiggy dumps fracking • BP's green H2 dream •

Carbon Emissions

Forrest dumps Kimberley fracking on climate concerns

Andrew Forrest's Squadron Energy is pulling out of plans to frack the Kimberley for gas citing climate concerns, but the minor partner may continue the work.

Decommissioning

BHP and Woodside deal will not escape tougher decommissioning laws

If Woodside absorbs BHP's oil & gas assets new laws ensure the massive decommissioning liability falls to one of the companies, not the Australian taxpayer, unlike the Northern Endeavour.

Gas

BHP and Woodside confirm sale of all BHP Petroleum under negotiation

BHP and Woodside are negotiating the complete transfer of BHP oil and gas assets in exchange for Woodside shares, but the deal is not done, indicating last-minute brinksmanship across the negotiation table.

Analysis

Is Woodside the next South32?

Speculation is mounting of a big Woodside-BHP deal next week. There may be lessons from South32, another destination for BHP's unwanted assets.