Oil surged 9% on Monday after retaliatory Iranian attacks disrupted shipping in the crucial Strait of Hormuz following the weekend's bombing by Israel and the United States that killed Iranian Supreme Leader Ali Khamenei.A sustained jump in prices would threaten a global economic recovery…
Australian Prime Minister Anthony Albanese and his East Timor counterpart, Xanana Gusmao, on Wednesday said the Greater Sunrise gas project should be developed 'as soon as possible', with Australia pledging a third of its state revenue to its small neighbor…
Woodside Energy Trading Singapore has signed a sale and purchase agreement with Japan’s JERA for the supply of liquefied natural gas (LNG) during Japan’s peak winter period, strengthening long-term LNG supply arrangements between the two companies…
Santos has signed a mid-term liquefied natural gas (LNG) supply contract with QatarEnergy Trading.The contract is to supply approximately 0.5 million tonnes of LNG per annum over a period of two years from 2026 with LNG being supplied from Santos’…
Woodside Energy Trading Singapore and JERA have entered into a nonbinding heads of agreement (HOA) for the sale and purchase of LNG cargoes during Japan’s peak winter period.The agreement strengthens Woodside’s long-standing relationship with JERA and further supports Japan’s energy security…
Fugro has opened a new geotechnical testing laboratory in Jakarta, Indonesia, enhancing its regional capabilities for energy and infrastructure projects.The new facility will increase Fugro’s lab capacity in Asia Pacific by 20% and cut testing turnaround times by 30%…
Woodside Energy’s Scarborough energy project has achieved a major engineering milestone with the joining together of the topsides and hull for the Floating Production Unit (FPU).Constructed separately at two different fabrication yards in China…
Australia's Woodside Energy said on Friday it would sell some assets in its offshore oil and gas project in Trinidad and Tobago to London-based Perenco for $206 million.The sale includes the Greater Angostura project's offshore production facilities…
Woodside has signed a long-term sale and purchase agreement (SPA) with China Resources Gas International for the supply of liquefied natural gas (LNG) to China.The SPA provides for the supply of approximately 0.6 million tonnes of LNG per year over 15 years on a delivered basis…
Australian oil and gas company Santos has signed a helicopter transportation services contract with Weststar-GAP Aviation for its offshore operations in Timor-Leste’s Bayu-Undan region.Under the $40 million contract, Weststar-GAP Aviation, a joint venture between Timor GAP-Timor Gas Petroleo…
East Timor has talked with Chinese firms including state-owned Sinopec about developing the stalled Greater Sunrise gas field, President Jose Ramos-Horta said on Wednesday, after disagreements with Australia over the shared field's future.The field…
Australian oil and gas major Santos has signed a mid-term LNG supply contract with Glencore Singapore.The contract is to supply 19 LNG cargoes, or up to approximately 0.5 million tonnes of LNG per annum over a period of three years plus one quarter…
Australian oil and gas producer Beach Energy, backed by billionaire Kerry Stokes, slumped to a more than 2-1/2-year low on Monday after it reported a decline in profit and downgraded reserves for a key gas field in Victoria state.The company's shares closed 12…
Australian oil and gas giant Woodside has signed a sale and purchase agreement (SPA) with CPC Corporation for the long-term supply of liquefied natural gas (LNG) to Taiwan.Under the SPA, Woodside will supply approximately 6 million tonnes of LNG on a delivered basis over 10 years…
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