Summary Santos has approved FID for the Phase 3C infill drilling amounting to US$235 million for the Bayu-Undan project. The infill drilling will add more than 20 million barrels of oil equivalent in reserves. In May 2020, Santos became the pr...
Summary Australia energy sector exports more than three quarters of its energy output to the world markets. Due to global lockdown and diminished energy demands, this sector noted a more volatile market in the past months. The roll-out of vacc...
LNG prices are on an up surge with spot prices across Asia surpassing the two-year high recently. The increase in LNG prices is well supported by the ongoing green drive on the global front. Apart from that, the global stance of ending fossil fuel e...
Summary Strike Energy (ASX:STX) has hit an expected over-pressured gas column at the WE3 well. The well is part of an appraisal campaign at the West Erregulla field to test the accumulated commercial gas. The operations would be temporarily su...
Summary Kina Petroleum gets shareholders’ approval to delist from the ASX and PNGX. The company also intends a buyback of $1.28 million to give the shareholders a fair chance to exit. The company attributes the delisting to the lack of l...
Cooper Energy Limited (ASX:COE) has confirmed that the remaining Sole Gas Agreements would start from 1 January, taking the total gas sales agreements with utility and industrial customers to 19.75 petajoules per annum in 2021 with an average of 50 t...
The recent drilling results at Ironbark-1 exploration well has left the operator BP and associated partners Cue Energy, Beach Energy Limited (ASX:BPT), and New Zealand Oil & Gas (NZX:NZO) disappointed with the well showing no promising hydrocarbo...
Summary Calima Energy Limited (ASX:CE1) is grabbing eyeballs for its splendid performance in 2020 despite COVID-19 repercussions. Over the year, Calima Energy acquired a new asset and continued to advance its existing asset in Montney Formation...
Woodside Petroleum Limited (ASX:WPL) has acquired interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) JV. Woodside Energy (Senegal) B.V. has closed the deal, with the acquisition of the complete participating intere...
Summary Origin Energy (ASX:ORG) has farm in for interests in seven permits in the Canning Basin. The deal has been entered with Buru Energy, a long-established operator in the basin. The transaction includes five permits owned by Buru and two ...
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