Tamboran Resources has welcomed diagnostic fracture injection test results of the Mid Velkerri B Shale from the Shenahdoah South 1H well in the Betaloo Basin.
Archives for October 2023
France Toasts Huge Hydrogen Haul Discovery
Two scientists in France who went looking for fossil fuels have stumbled upon a huge reservoir estimated to contain between 6 million and 250 metric tons of natural hydrogen.
Offshore Approval Chaos as Wait Times Blow out to 562 Days and Counting
Australia’s oil and gas industry has called for the Commonwealth to urgently fix the broken offshore regulatory system after the logjam of energy supply and carbon capture projects awaiting approval was exposed.
$500,000 Grant to Investigate Offshore Carbon Geosequestration for Kwinana Heavy Industries
Perth-based carbon geosequestration technology pioneer Sea-Quester Offshore has received an AUD$500,000 grant from the Western Australian Government to investigate emissions reduction options for Kwinana heavy industries.
CGG Opens New UK HPC Hub, Increasing its Global Total HPC Capacity to 500 Petaflops
CGG has opened its new UK HPC (High-Performance Computing) Hub in Southeast England. The initial capacity of the center is 100 petaflops, bringing the company’s global total to an industry-leading 500 petaflops.
New Round of WA Onshore Exploration Areas a ‘Win for New Gas Supply’
The release of new onshore areas to explore for new gas supply is a positive step to delivering energy security to Western Australia following forecasts of growing demand in coming years.
Trouble Down Under: ‘Australia’s Electricity Market is the Most Volatile in the World’
Australia’s power market is now the most volatile in the world as unexpected losses of supply from unplanned coal generation outages and transmission line issues related to natural disasters lead to huge price fluctuations, according to Rystad Energy research.
Preferred Partners Selected for Hydrogen Jobs Plan in Whyalla
The Government of South Australia has selected preferred partners to deliver its Hydrogen Jobs Plan, featuring the world’s biggest hydrogen production facility, power plant and storage at Whyalla in the Upper Spencer Gulf.
Kelvin.ai and Santos forge “groundbreaking partnership” for advancing autonomous operations in onshore upstream production
Kelvin.ai, a pioneer in artificial intelligence and autonomous technologies, has signed a multi-year enterprise software agreement with Santos.
ExxonMobil is Now Being Called World’s First Megamajor
ExxonMobil has acquired Pioneer Natural Resources in an all-stock transaction valued at $59.5 billion, or $253 per share, as reflected by ExxonMobil’s closing price on 5 October 2023.