The South Australian Government has deferred the costs linked to exploration and licence fees for the minerals and petroleum sectors …
Southeast Asia rig utilisation predicted to drop: Rystad
Southeast Asia’s rig market, previously poised for growth in 2020 is now set to decline following the impact of COVID-19 …
Ensuring Australia benefits from oil and gas
Andrew McConville may have only been the Australian Petroleum Production & Exploration Association (APPEA) chief executive officer for a year, …
AEMO flags 2024 east coast gas shortfall
The Australian Energy Market Operator (AEMO) has reported that current supply from exisiting and committed gas developments on Australia’s east …
Oil Search restructures workforce amid challenges
Oil Search has taken action to ensure its business remains stable following the challenges that the oil and gas industry is …
Woodside reduces production costs, balances debt profile
Woodside is taking key steps to protect the financial health of the company, including halving its forecast expenditures for 2020 …
Central Petroleum halts project development
Central Petroleum is not anticipating any material impact on its production capacity, but due to the extraordinary market conditions has …
Productivity Commission draft to battle industry red tape
A Productivity Commission draft report on resources sector regulations has indebted several ways that governments can reduce red tape and …
Woodside reduces 2020 expenditure
Woodside has decided to defer proposed final investment decisions (FIDs) for the Scarborough, Pluto Train 2 and Browse projects in Western …
Oil prices to continue to suffer: EIU
The Economist Intelligence Unit (EIU) has worsened its outlook for oil consumption following the recent crash in prices and the …