Australian inquiry urges timely investment by LNG producers in resources and infrastructure
Australia has released an interim report as part of its Gas Inquiry and says that concern about prices in the East Coast market could be alleviated if there was more investment by LNG producers in resource development and key infrastructure.
Australian LNG plant operator Chevron is latest company to pull out of Great Australian Bight
Chevron Corp., currently producing LNG for the first time at its Wheatstone plant in Western Australia, has become the latest energy company to pull out of exploration activities in the offshore Great Australian Bight, a deepwater frontier basin in South Australia.
Origin Energy and French firm Engie sign deals to alleviate South Australian gas shortages
Origin Energy, the Australian utility and stakeholder in the Australia Pacific LNG plant in Queensland, has signed an agreement with France-based multinational utility and energy company Engie to make more natural gas available for their customers in the states of South Australia and Victoria.
South Australia to pay shale-gas player Beach Energy to drill conventional gas exploration well
Beach Energy, a leading shale gas and oil exploration and production company, said it was preparing to drill a conventional onshore gas exploration well in the Otway Basin in South Australia, supported by the state government under a grant scheme aiming to bring new gas to market within three years.
