🗡️ Who murdered the Murujuga rock art science?
Special Cluedo™️ edition 🔍 Was it Mr Cook or Prof Smith?
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.
Woodside has heavily pruned its critical offshore maintenance teams leaving casual workers facing an uncertain future.
Woodside's Scarborough and Santos' Barossa LNG projects unlikely to happen this year as planned according to oil and gas experts Wood Mackenzie.
Woodside risks LNG demand squeezed by cheaper renewables not lasting long enough for decent payback from its Scarborough and Browse projects.
Chevron boss Mike Wirth is not distracted by renewables as he pushes for more and lower cost production and looks to move gas through Woodside's Scarborough project.
Woodside buried deep in a huge environmental approval report for Browse LNG a risk it may have to buy massive amounts of carbon offsets.
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.
Gas will likely be the “last man standing for hydrocarbons”, but there are questions over its long term future as a “transition fuel.”
WA is the only state in Australia with rising emissions on the back of new LNG projects that will make meeting Paris Agreement emissions reductions very dificult.
Shell’s Prelude floating LNG vessel and Inpex’s Ichthys LNG plant in Darwin have moved closer to production with the cooling of their plants with LNG.
Inpex’s Ichthys LNG project will cost $53 billion, $8 billion more than planned, and may not see substantial production until early next year in a blow to the Japanese operator that is waiting on the Darwin plant to more than double its cashflow.
Woodside’s Sunrise LNG project remains stalled as East Timor dismisses incentives to send the gas to Darwin.
Andrew Forrest is considering joining the world’s biggest LNG buyer to ship gas to NSW to alleviate the east coast gas shortage caused by soaring LNG exports from Queensland.
All the info and a bit of comment on WA energy and climate every Friday