LNG

LNG exports to Europe to rise

Tensions in Europe are steadily rising, prompting much of Europe to reduce their dependence on Russia, including with regard to oil and gas supplies.  Russia is the world’s second-largest oil producer
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Oil and gas exploration spending suffers: ABS

The Australian Bureau of Statistics (ABS) has reported that oil and gas exploration expenditure fell 6.8 per cent in the 2020 June quarter, with Western Australia being the largest contributor to the drop.
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East Coast drilling exploration

OPEC, allies to execute record oil production cut

The Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC oil producing countries have agreed to cut almost 10 million barrels per day (mb/d) in oil production. The agreement will see
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Oil slump hits Australian producers

Shares in Australia’s oil and gas giants have fallen sharply following the fallout from the inability of OPEC and Russia to reach an agreement on production cuts last week. The oil and gas sector
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