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.
Gas
Most gas in Western Australia is produced offshore and exported as LNG, with some reserved for domestic use. Production from the onshore Perth Basin is increasing.
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.
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.
Gas
Another job cull at Woodside
Employees across Woodside lost their jobs today, with many more expected to follow, as chief executive Meg O'Neill chases a 30 per cent cut in operating costs.
APPEA 2021 Perth
Johnston backs gas for WA power and industry
WA energy minister Bill Johnston sees no current alternative to gas for dispatchable power and wants to use low prices to lure more gas-hungry investments to WA
Carbon capture and storage
Santos and ENI team up to tackle dirty gas and decommissioning
Santos and ENI are looking for solutions for CO2 and removing old facilities in the waters north of Darwin. Time will tell if the problems are solved or just delayed.
Ammonia
Incitec Pivot backs Perdaman’s $4.6B urea plant with 20-year offtake deal
Vikas Rambal's Perdaman has surprised doubters by signing up Incitec Pivot to take the full output of his proposed Karratha urea plant.
Domestic Gas
Regulator cuts Dampier to Bunbury gas pipeline life as energy transition bites
WA's competition regulator has accepted that competition from renewable energy will shrink the economic life of the Dampier to Bunbury gas pipeline by more than three decades.
Hydrogen
Cheap green hydrogen to push out alternatives and threaten gas: BloombergNEF
Cheaper solar power making green hydrogen production competitive in many countries by 2030 in a boon for use in Australia but a hurdle for dreams of a huge export market.
Decommissioning
Australian offshore oil and gas industry has a $52B clean-up bill
Much of the $52 billion cost to decommission Australia's offshore oil and gas infrastructure will fall on the Federal Government via the tax system and work has started to boost industry collaboration and find cost savings.
Woodside Petroleum
Woodside’s Coleman: Myanmar coup a “difficult decision” for aggrieved generals
Woodside boss Peter Coleman said the military of Myanmar where Woodside operates "weren't being heard" and staging a coup was a "difficult decision" for the generals.
Energy Policy
WA energy debate: When and where the wind blows after coal
The WA energy trilemma: Labor is ready to go but don’t mention coal, Liberals want to drop coal but are light on detail, the Greens want to dump gas as well, and they all love green hydrogen.
Power Generation
Wind and solar push down coal, gas and prices in South West WA
Two huge new wind farms and more solar panels in WA's South West displaced coal and gas last quarter giving a win-win of lower prices and emissions.
Gas
BP's Ironbark well fails to find gas
BP's Ironbark well off WA is a duster with "no significant hydrocarbon shows" killing hopes of gas supply to the North West Shelf LNG plant and crashing shares in Cue and NZ Oil and Gas.
Fracking
Kimberley fracker expects to escape WA gas export ban
Black Mountain expects the McGowan Government to soon waive its gas export ban but fracking the gas must wait for two years of environmental studies.
LNG
WA research to keep gas flowing to LNG plants
Researchers at the University of WA are helping to keep the cost of new gas to LNG plants down by allowing longer tiebacks without expensive compression.