Tagged

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.

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.

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.

Federal Government

Taylor’s roadmap flawed: renewables doable almost everywhere

Angus Taylor's 'anything but wind and solar' path to low emissions focusses on long term solutions to problems that can be tackled now with existing technology.

Decommissioning

Australia's oil and gas industry will create a $76B clean-up bill

It will cost $76 billion to clean up after Australia's oil and gas industry, with a good chunk to be borne by taxpayers, and no one is in a hurry to start the work.

Power Generation

Cheap renewables mean no new coal or gas power for WA's South West

The WA Government expects no new coal or gas-fired power generation in the South-West will ever be built but those looking for clues to the future of Collie’s existing coal-fired power stations will have to wait for a plan to be released later this year.

=== from the archive ===

Woodside study says gas uncompetitive against renewables in Asia

A report for Woodside on the effect of LNG imports on Asian emissions sees gas and coal fighting for a shrinking market share as renewables grow.

=== from the archive ===

BHP doubles down on high margin oil and gas

While BHP's dominant mining arm wants to be seen to be greener its highly profitable petroleum arm is not slowing down.

=== from the archive ===

How big gas drives the story to keep its licence

Maintaining social license for oil and gas keeps executives awake at night according to industry lobby group APPEA that is researching how to fix the problem

=== from the archive ===

Carbon investor stampede can't be stopped

Gas will likely be the “last man standing for hydrocarbons”, but there are questions over its long term future as a “transition fuel.”

=== from the archive ===

McGowan calls for business to move west for cheap gas

WA Premier Mark McGowan wants eastern states businesses hurt by high gas prices to move west, but there is no certainty about ongoing cheap gas in WA.

=== from the archive ===

Coal and dust plagues two southern Perth suburbs

Residents of two southern Perth suburbs are suffering from dust and smell that say comes from the nearby coal-burning Cockburn Cement plant.