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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…

Carbon Capture and Storage Hopes are Pipe Dreams, for Now - Russell

Nov 23, 2023

Carbon capture and underground storage (CCUS) is touted by proponents of fossil fuel production and consumption as the technology that will keep oil and gas in the global energy mix. It is, and at the same time, it isn't.The International Energy…

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's Imports of Russian Oil Near Record High

China's Imports of Russian Oil Near Record High

TotalEnergies Inks $530M Deal to Acquire Malaysia’s SapuraOMV

TotalEnergies Inks $530M Deal to Acquire Malaysia’s SapuraOMV

Energy Storage on O&G Platforms - A Safety Boost, too?

Energy Storage on O&G Platforms - A Safety Boost, too?

Malampaya Gas Field Exceeds Export Capacity Amid Grid Demands in Philippines

Malampaya Gas Field Exceeds Export Capacity Amid Grid Demands in Philippines

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

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