The humiliation of Australia,the energy superpower,is now a very real prospect as we face the need to buy gas from our biggest customer.
Whitebark Energy’s takeover bid for King Energy has passed the magic 90% ownership mark to become unconditional,locking in one of Australia’s best onshore 3H plays.
The oil and gas producer says its controversial Narrabri project offers the best chance to plug the looming gas shortfall in NSW and Victoria.
The start-up of a giant project to bury carbon dioxide in the desert has given Santos greater confidence as it progresses talks with Japan’s big emitters.
Energy giant Santos has been hit with a $10,000 fine over an oil spill at its processing facility off WA’s north-west after being dragged to court by the state’s workplace regulator.
“OMG,we win again!!!” wrote one campaigner about the fight with oil and gas giant Santos. But then the court changed its mind.
Australia’s top climate legal service will pay $9 million to gas giant Santos after a court rejected its bid to block a pipeline near the Tiwi Islands.
Neither Santos nor the government made the spill public at the time and,when it was eventually revealed by WAtoday,Santos described the incident as “minor”.
The company could lose control of its Bayu Undan project on Friday unless it agrees to give Dili a share of the project for free.
The Adelaide-based company says key projects are on time and on budget,but there are longer-term concerns about production from its key PNG assets.