$1.2b Kwinana clean up bill drives Alcoa Australia to a $600m loss
The US miner is also facing declining production and delayed approvals in WA, where it mines three-quarters of its bauxite.
Australia is the one of the world's biggest producer of liquefied natural gas. The North West Shelf, Pluto, Gorgon, Wheatstone, Prelude and Ichthys LNG projects source their gas from the waters off WA.
Chevron has been denied a two-year free pass on Gorgon greenhouse gas emissions by the WA Government that could cost it more than $80 million, and there may be a future bill for Wheatstone as well.
KBR is weathering the oil price slump through diversification but senior exec Greg Conlon is worried oil and gas companies will impose excessive risk onto contractors when the industry recovers.
Shell's giant $US17B Prelude floating LNG is late, expensive, dirty and so far unreliable. An exclusive look at how a failed investment for Shell is a terrible deal for Australia.
If Scarborough, considered the most economic of Woodside's two projects, was uncompetitive before LNG prices crashed then plans will have to change on the Burrup Peninsula.
New WA projects will need to publish plans for net-zero emissions by 2050 as the WA Environmental Protection Authority ends a year-long battle with LNG industry.
To reduce the risk of a COVID-19 outbreak offshore Shell has told its Prelude LNG workforce to spend half their leave in quarantine
Shell's Prelude floating LNG will keep burning excess gas during a production shutdown of many months, adding to its already high initial carbon footprint.
NOPSEMA has given the environmental credentials of Woodside's Scarborough LNG project a regulatory tick and gushing praise.
Shell has shuttered production from its giant Prelude floating LNG facility and delayed the Crux backfill gas project.
Wood Mackenzie and Bloomberg agree that too much US gas, high stockpiles in Europe and demand hit by COVID-19 make 2020 a tough time for LNG sellers.
Woodside has told investors it can afford to bury CO2 from its Browse LNG project just months after telling regulators it was a "high-risk, high-cost" option.
Woodside had planned for 2020 and 2021 to be years of growth but now the Scarborough and Browse LNG projects are deferred and $US20.4 billion slashed from this years' budget as it joins its peers in survival mode.
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