The company could lose control of its Bayu Undan project on Friday unless it agrees to give Dili a share of the project for free.
The Adelaide-based company says key projects are on time and on budget,but there are longer-term concerns about production from its key PNG assets.
Saudi Aramco and Abu Dhabi National Oil have reportedly been separately studying potential bids for Australia’s $25 billion energy giant Santos.
WA’s safety regulator has let companies off the hook,says the union for offshore oil and gas workers.
An international bank and a foreign investor are ending advice and loans,prompting calls for local banks to follow suit.
Santos has struck a 10-year deal to sell LNG to Japan,underscoring what the industry argues is the country’s long-term appetite for gas even as it decarbonises.
A cautionary tale for Australian companies rushing into the clean fuel business:from optimism a few years ago,Yara now finds green hydrogen is a long way away.
The state is forecast to fall short of legislated targets to reduce greenhouse emissions by 50 per cent by 2030 and 70 per cent by 2035. What can be done to get back on track?
Oil and gas producers have expressed relief after the government cut a deal with the Greens to pass a relatively modest tax hike for offshore projects.
Oil and gas producer Santos will cut positions at its Perth office by more than a third,from 550 to 350,due to old assets nearing the end of production and delays to new projects.
East coast gas producers will avoid facing unprecedented orders to break export contracts and redirect supplies to Australian buyers this winter.