What was to be the showpiece of the emissions reduction Australia’s gas giants need at Chevron’s Gorgon project is at just one-third capacity after seven years.
A judge grants an injunction brought by a Tiwi traditional owner seeking to delay Santos’ construction of a major gas pipeline.
WA lost a fifth of its gas supply a year ago,mainly because someone marked a few metal components in the wrong place decades earlier.
The oil giant’s besieged gas project north of Darwin has struck another legal hurdle,with six Tiwi Island elders urging the government to stop the installation of a critical pipeline due to start within days.
It’s not the resources industry that is the issue here. The issue is fossil fuel companies like Woodside trying to maximise profits while they still can
Santos’ $5.6 billion project is facing more opposition after a remote Northern Territory Indigenous community insisted the gas company deal with them as a group.
One of the country’s biggest oil and gas companies posted a sharp drop in revenues and profits,but did lift its dividend.
The future of the Santos Barossa gas export project is uncertain after the company was accused of not properly consulting Indigenous people on a remote island 250 kilometres from Darwin.
Uncertainly remains on when offshore work can start on a pivotal growth project for the energy giant.
The company says the wells off the Pilbara coast cannot be fixed,but the environment regulator’s position is that indefinite leaking is “unacceptable”.
Australia’s largest energy exporters are facing falling revenue as weak demand and healthy stockpiles send benchmark LNG prices sharply lower.