The state-owned utility needs to replace the generation capacity it will lose by closing down all its coal-fired power stations over the next four years.
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. WA is the most gas-dependent state in Australia.
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.
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
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.
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.
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.
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 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.
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.
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.
