PNG LNG restarts ahead of schedule

Following the 7.5 magnitude earthquake, the supermajor shut down the two LNG trains at the PNG LNG plant near Port Moresby following the shut down of the Hides gas conditioning plant and Hides well pads
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P’nyang resources tripled

The certified 1C gross contingent gas resource has more than tripled, to 3.51 Tcf, while the certified 2C gross contingent gas resource has increased to 4.36 Tcf. “Combined with gas resources in
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Santos tells Harbour to lift

Mr Spence reportedly told shareholders at the company’s annual general meeting yesterday that stronger oil prices have left the Australian producer in stronger bargaining position. Harbour made a
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Woodside nears Wheatstone win

At the end of the Q3 FY18, Train 2 was 97 per cent complete with all construction systems completed and handed over to commissioning. Acid gas removal unit degreasing and main refrigerant compressor mechanical
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Lack of clarity on the PRRT

It was widely reported that Treasurer Scott Morrison would announce changes to the PRRT when he delivered his budget speech on Tuesday night. However, with nothing mentioned on the PRRT, more than $50
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Ichthys imports LNG for cooldown

The facilities must be chilled before production can begin, typically by using fuel from other sites, indicating the plant is getting closer to starting output. According to
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Santos rejects Harbour, terminates discussions

In a statement released by Santos, it rejected the bid “on the basis that it does not represent a full value of the company and, when combined with the associated risks, is not in the best interests
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