The failure of Cliff Head's owners, Pilot Energy and Triangle Energy, to meet payroll does not bode well for their ability to pay the $200 million decommissioning cost.
Pilot Energy and Triangle Energy - two listed minnows with no revenue - may struggle to afford to decommission the Cliff Head platform off the WA coast.
Australia's most gas-dependent state can be well supplied for decades without drilling near Scott Reef or fracking the Kimberley, according to an exclusive analysis by Boiling Cold.
The US giant pretends Labor's policies are thwarting the expansion of its Gorgon and Wheatstone gas plants, which it does not plan to do anyway, to gain leverage with governments.
The US giant, which made $8 billion in Australia in 2024, is forcing its subcontractors to follow its example and send Australian engineering jobs overseas.
WA Premier Roger Cook's core "Made in WA" election policy will be tested by his use of local content provisions to keep Chevron's WA engineers working in WA.
Chevron's Wheatstone LNG is in the firing line of a new approach from the WA Environmental Protection Authority that forced big emissions cuts from the Waitsia gas project.
WA's industrial greenhouse gas emissions are dominated by four products and a handful of companies, including a few that have managed to keep a low profile in the climate wars.
Technical problems at Gorgon and Wheatstone will give Chevron Australia another year of reduced LNG production while US headquarters remains hesitant about the energy transition.
Chevron has another pressure vessel to worry about, this time on the Wheatstone platform, after Gorgon LNG production was slashed this year to fix faulty welds.
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.
