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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... 

Hulking nukes trying to get nimble in volatile power markets

By: Bloomberg     18th April 2019 Nuclear reactors, the lumbering giants of electricity generation, are trying to become more agile. Power grids have become so swamped with volatile wind and solar that traditional plants are being forced to abruptly adjust their own output to keep systems stable – or pay a penalty. That’s... 

Ain Tsila gas/condensate development project, Algiers

By: Sheila Barradas     18th April 2019 The engineering, procurement and construction contract for the project has been awarded. 

Senex seals domestic gas contract

By: Esmarie Iannucci     17th April 2019 ASX-listed Senex Energy has inked the first domestic gas sales supply contract at its Project Atlas development, in Queensland. Senex on Wednesday announced that it had agreed to a domestic gas sales agreement for up to 3.25 PJ of natural gas with fellow-listed CSR, which would use the gas in... 

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... 

India’s reformed oil, gas E&P policy to come into play in June/July

By: Ajoy K Das     15th April 2019 India’s reformed oil and gas exploration policy will come into force when the next round of bidding for blocks kicks off in June/July, the sector regulator has announced. “Parameters of the new policy reforms shall apply from Open Acreage Licensing Policy IV onwards,” a notification from the... 

Uranium industry weighs rules that have bomb watchers twitching

By: Bloomberg     15th April 2019 Back in the 1970s and 1980s when he was keeping America’s nuclear weapons up to date, Robert Kelley didn’t pay much attention to their source of uranium. But then he was reassigned to lead the international team that accounted for the of hundreds of tons of the heavy metal Iraq secretly... 

Brulpadda field unlikely to support a globally competitive chemicals industry, more exploration needed – experts

By: Marleny Arnoldi     12th April 2019 Energy veterans Stephen Clark and Wikus van Niekerk, with Jim Petrie and Dave Wright, have unpacked finer details of Total’s Brulpadda gasfield discovery, estimating its likely size, potential development and broader impact on South Africa’s hydrocarbon fuel security. Total entered into the... 

Chevron to acquire Anadarko for $33bn in stock, cash

By: Bloomberg     12th April 2019 Chevron Corp will acquire Anadarko Petroleum Corp for $65 a share, the company said in a statement. Anadarko shareholders will receive 0.3869 shares of Chevron and $16.25 in cash for each Anadarko share. Chevron will issue 200-million shares and pay $8-billion in cash. The company will also... 

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.... 

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