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Opinion: BHP's Petroleum Exit Shows Oil and Gas May Follow Coal's Path to Toxic Status

Aug 19, 2021

The market hasn't exactly cheered BHP Group's proposed exit from its oil and gas business, with shares of both the mining giant and the acquirer, Woodside Petroleum, tumbling in the wake of deal.A point of concern for investors is that BHP may have sold the assets too cheaply, and that getting only Woodside shares as payment is less than desirable.While there is likely some element of truth in this…

Australia's LNG Industry Sees a Somewhat Green Hydrogen Future

Jun 15, 2021

Having scaled the peak of becoming the world's top exporter of liquefied natural gas (LNG), Australia's producers of the super-chilled fuel are contemplating switching their industry around to become the global leader in hydrogen.The keynote…

Don’t Miss the Boat in the Subsea Market

May 17, 2021

The supply/demand balance in the subsea vessel market is shifting as activity levels rise markedly across many of the sectors these vessels support. Operators and contractors need to be decisive in securing the assets they need, according to Jonathan Lints of broker Clarksons Platou (Offshore)…

How Asia Changed the Global LNG Market in the Space of a Year

Apr 21, 2021

The past year has undoubtedly been the most dramatic in the history of the global LNG industry. Demand buffeted by lockdowns and recession, liquefaction shut-in, pre-FID supply projects delayed and spot LNG prices crashing to all-time lows before going into orbit…

Current News

China Looks to Lock in US LNG as Energy Crunch Raises Concerns

China Looks to Lock in US LNG as Energy Crunch Raises Concerns

New Kupe Compressor to 'Allow Us to Suck Harder on the Straw,' NZOG CEO Says

New Kupe Compressor to 'Allow Us to Suck Harder on the Straw,' NZOG CEO Says

Oil Prices Hit a Fresh Three-year High on Supply Deficit Concerns

Oil Prices Hit a Fresh Three-year High on Supply Deficit Concerns

Bounty Farms Into Coastal's Cerberus Project, Off W. Australia. Drilling Planned for 2022

Bounty Farms Into Coastal's Cerberus Project, Off W. Australia. Drilling Planned for 2022

Wearing Men's PPE Puts Women Working Offshore at Risk, Red Wing Says

Wearing Men's PPE Puts Women Working Offshore at Risk, Red Wing Says

Oil Rises on IEA Demand Forecast

Oil Rises on IEA Demand Forecast

BP to Buy All Oil Produced from Cliff Head Offshore Field (Australia)

BP to Buy All Oil Produced from Cliff Head Offshore Field (Australia)
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