R/€ = 15.86 Change: -0.05
R/$ = 14.10 Change: -0.04
Au 1277.80 $/oz Change: 2.29
Pt 907.50 $/oz Change: 7.01


Woodside holds firm in the March quarter

By: Esmarie Iannucci     18th April 2019 Oil and gas major Woodside has reported steady production in the three months to March, compared with the previous corresponding period, with revenues rising 4%. Woodside on Thursday reported a production of 21.7-million barrels of oil equivalent, compared with the 22.1-million barrels in the... 

Jordan Cove LNG project and the Pacific Connector Gas Pipeline project, US

By: Sheila Barradas     18th April 2019 Jordan Cove Energy Project and Pacific Connector Gas Pipeline plans to build a liquefied natural gas export terminal and an interstate natural gas transmission pipeline, in Oregon. 

RBR welcomes Chevron’s reported plan for Mozambique LNG project

By: Tasneem Bulbulia     15th April 2019 RBR Group expects to benefit from Chevron Corporation’s plans to proceed with the proposed Area 1 liquefied natural gas (LNG) project, in Mozambique. It was announced last week that Chevron would acquire Anadarko Petroleum Corporation, which is the operator of the Area 1 LNG project, for... 

Woodside opens LNG truck loading facility at Pluto

By: Esmarie Iannucci     12th April 2019 Oil and gas major Woodside has opened a new liquefied natural gas (LNG) truck loading facility at the Pluto LNG project, in Western Australia. Following the completion of the commissioning activities, the facility will deliver seven LNG truck loadings a day, each transporting 80 000 l of diesel.... 

Arctic LNG 2, Russia

By: Sheila Barradas     12th April 2019 The Arctic LNG 2 project will develop more than seven-billion barrels of oil equivalent resources in the Utrenneye onshore gas and condensate field.  

PNG LNG signs framework agreement

By: Esmarie Iannucci     9th April 2019 The joint venture partners in the Papua New Guinea (PNG) liquefied natural gas project have inked a gas agreement with the Independent State of PNG defining the fiscal framework for the project. Project partner Oil Search’s MD Peter Botton told shareholders on Tuesday that the fiscal and other... 

Woodside strikes HoA with ENN

By: Esmarie Iannucci     5th April 2019 Australian oil and gas producer Woodside has signed a heads of agreement (HoA) with China’s ENN Group for the supply of one-million tonnes of liquefied natural gas, for a period of ten years, starting in 2025. CEO Peter Coleman on Friday said that the HoA built on a 2018 cooperation agreement,... 

Golden Pass LNG export project, US

By: Sheila Barradas     5th April 2019 ExxonMobil and partner Qatar Petroleum plan to build a 16-million-ton-a-year liquefaction facility in Texas. 

PNG LNG signs another short-term offtake

By: Esmarie Iannucci     2nd April 2019 The Papua New Guinea (PNG) liquefied natural gas (LNG) joint venture partners have struck a mid-term sales and purchase agreement with Singapore’s Unipec to supply some 0.45-million tonnes of LNG over a four-year period. ASX-listed Oil Search, which holds a 29% interest in the PNG LNG project,... 

A$50bn minerals export boon for Australia

By: Esmarie Iannucci     29th March 2019 The Office of the Chief Economist has upwardly revised the export earnings expectations for 2018/19, from the previous estimate of A$264-billion to A$278-billion. The revised outlook came on the back of stronger iron-ore prices and a modestly weaker exchange rate, along with stronger coal... 

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