Search
thewest.com.au
BusinessChevron Right Icon

Oil & Gas

Demand improvesCommentsPremiumWoodside reaps rewards of global rebound

Woodside Petroleum is banking on bumper fourth-quarter earnings as global energy prices continue to improve from COVID-19 pandemic lows.

Sean Smith and Daniel Newell

NW Shelf warningPremiumWoodside’s production target seen under threat

Analysts from Macquarie Research say technical issues at the ageing NW Shelf gas project could see the older production units closed earlier than expected.

Sean Smith

global promotionPremiumWest Australian Zoe Yujnovich promoted to top of Shell

The former head of the oil and gas giant’s Australian business will now head its upstream business.

Sean Smith

Vax directivePremiumWoodside to join list of ‘no jab, no work’ companies

The oil and gas giant tells staff it is ‘working towards’ mandating jabs and to follow in the footsteps of Rio, BHP and Mineral Resources.

Sean Smith

‘Standing on the hose’PremiumTwiggy vents fury at ‘laggard’ MPs for climate failures

Andrew Forrest has told the National Press Club that ‘mums and dads’ are not responsible for global warming, pointing the finger at oil and gas companies ‘and the politicians who followed them’.

Sarah Ison

Questions raisedPremiumBP, Shell investigated over climate disinformation

Executives from BP and Royal Dutch Shell will testify before a House committee investigating allegations that oil giants misled the public about the role of fossil fuels in causing global warming.

Ari Natter

Inflation fearsVideoPremiumIron ore rides energy and metals resurgence

A surge in energy and iron ore prices is offering investors a fresh reminder of how the commodities market can fuel inflation and imperil the post-pandemic economic recovery.

Gerson Freitas Jr., Yvonne Yue Li and Julia Fanzeres

Shares hammeredPremiumStrike Energy, Warrego hit on reserves disappointment

A reserves update from the duo’s West Erregulla gas project in the Perth Basin has disappointed investors.

Sean Smith

Scarborough liftPremiumGas prices, sell down pave way for Woodside green light

The company is nearing a decision on the $16 billion development of the Scarborough gas project.

Sean Smith

Carbon strategyPremiumChevron backs emission plan over Twiggy criticism

The gas giant insists that despite some technical issues, its Gorgon carbon storage project has a key part to play in lowering emissions.

Sean Smith

Prices spikePremiumOil extends its rally from a seven-year high

Oil extended its rally from a seven-year high a day after OPEC+’s decision to keep its supply agreement in place as energy prices spike.

Julia Fanzeres

Funding dilemmaPremiumHousing hold-up on pipeline upgrade stand-off

The State Government is scrambling to work out who should stump up for safety upgrades to the Dampier-to-Bunbury gas pipeline required by property development over the 1500km pipe.

Ben Harvey

Hard placePremiumSaffioti faces infrastructure funding headache

COMMENT: Who will pay for a multi-million upgrade of the Dampier to Bunbury gas pipeline to allow $100m in new housing developments above it to go ahead?

Ben Harvey, Comment

Energy crisisPremiumWoodside, coal exporters ‘winners’ from China crunch

China has told its big energy companies to secure fuel “at all costs” for the upcoming northern winter.

Sean Smith

All-time highPremiumCash from resources set to hit record $349b

Australia’s booming resources and energy sector is set to deliver another record in export earnings for the country this financial year.

Stuart McKinnon

Exit datePremiumStokes to quit board of Beach Energy

Ryan Stokes has revealed he will quit the board of Beach Energy at the company’s annual general meeting in November.

Daniel Newell

Supply dealPremiumBeach lines up BP for Waitsia LNG

Beach Energy has signed a draft agreement for BP to take its share of gas from Waitsia exported as LNG from the North West Shelf project.

Stuart McKinnon

Energy crunchPremiumOil heads for fifth weekly gain on global market

Oil was poised for a fifth weekly gain as the market tightened amid a global energy crunch that’s set to increase demand for crude.

Elizabeth Low

Big priorityPremiumWestpac pushes new customers to have climate targets

The bank will expect its oil and gas lending customers to publicly disclose goals aligned with Paris climate targets.

Adrian Lowe

Woodside challengePremiumChallenge to Scarborough project set down for December

The Conservation Council of WA claims the Environmental Protection Authority’s approvals process for Woodside Petroleum’s huge gas project was flawed.

Sean Smith

Carbon sinkPremiumStrike Energy inks agreement for green hydrogen

Aspiring Perth Basin gas play Strike Energy has struck draft agreements with two companies as it eyes the use of green hydrogen as a feedstock at its proposed $2.3 billion urea project near Geraldton.

Stuart McKinnon

Firing upPremiumWoodside partners in new Korean hydrogen venture

Two years after investing in a hydrogen fuel business for cars, the oil and gas group is now funding the rollout of refuelling stations for buses.

Sean Smith

$20b tie-upPremiumSantos, Oil Search strike deal for all-scrip offer

The two oil and gas companies had been working since August to agree terms.

Sean Smith

We rockPremiumResources groups herald sector’s Budget contribution

Mining and petroleum lobby groups say the State Budget’s $5.6b surplus has been underwritten by the WA resources sector.

Stuart McKinnon