A strategic review found that a number of assets in PNG were now of low priority.
Up to $US22 billion of impairments show how the pandemic has left no part of the energy giant’s sprawling business unscathed.
Laura Hurst
Construction of a $4.5 billion fertiliser plant in Karratha is scheduled to start next year after Perdaman Industries appointed local engineering firm Clough as joint lead contractor on the project.
Ben Harvey
Ampol's new chief executive Matthew Halliday says motorists' demand for fuel is improving, and an evolution is coming.
Steven Deare
Australia’s resilient resources and energy sector will post record export earnings of $293 billion this financial year, backed by the key WA commodities of iron ore, LNG and gold.
Stuart McKinnon
A proposal by Territory Alliance to ban fracking has been widely criticised by industry but the new party is on track to poll well in this year's NT election.
Greg Roberts
Former Woodside Petroleum boss Don Voelte and former Shell Australia chairwoman Ann Pickard still see scope for big projects like Scarborough and Browse.
Chevron will supply Nickel West with a total of 22 Petajoules of domestic gas for the next 3.5 years.
Two veteran executives will leave the company while four others have been promoted.
With Chevron’s exit, the best option for the North West Shelf may well be a fresh face, writes Ben Harvey.
The move could simplify complex toll treatment negotiations around the proposed $US20.5 billion Browse LNG project.
The energy giant says its decision to sell its 16.6 per cent interest followed ‘a number of unsolicited approaches from a range of credible buyers’.
The company, previously known as Caltex Australia, in May said it had seen a slump in fuel demand amid widespread social restrictions and business closures.
Shipping data shows the coronavirus pandemic is beginning to hit Australia’s LNG exports, according to a leading oil and gas expert.
The changes are expected to significantly affect senior levels, cutting the number of group leaders by a third.
OPEC+ has agreed to a one-month extension of its record output cuts and adopted more stringent methods to ensure members don’t break their production pledges.
Salma El Wardany, Grant Smith, Javier Blas and Dina Khrennikova
EnergyQuest says the delaying and shelving of major LNG projects could see WA domestic gas supplies crimped within five years.
Multi-million dollar turnaround begins at US oil and gas giant’s Gorgon LNG project off NW Coast.
A BP worker who was sacked after privately sharing a version of a popular Hitler parody video during pay negotiations has had a win in the Federal Court.
Rebecca Le May
Perth Basin explorer moved closer to FID on project that will deliver gas into WA’s domestic gas market.
The prediction comes despite Woodside and Chevron laying off hundreds of workers at their respective Pilbara LNG operations in recent weeks.
Chevron last year gave notice that it would terminate the licence agreement for use of the Caltex brand in Australia, forcing a vote on a return to an old favourite.
Derek Rose
Six weeks after being stood down, more than 300 contractors employed at Woodside’s Karratha gas operations have now been made redundant
Sean Smith
Chevron could slash up to 800 jobs to combat the coronavirus-triggered economic downturn and the collapse in oil prices
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