Australian Gas Networks Limited (AGN) has announced that it had been awarded funding of $1.28 million from the Federal Government’s Australian Renewable Energy Agency (ARENA) to support the Australian Hydrogen Centre (AHC) to explore the feasibility of blending hydrogen into natural gas networks.
The AHC has also received funding support from SA’s Department for Energy and Mining and Victoria’s Department of Environment, Land, Water and Planning. Other AHC Founding Members include...
The Australian Government has moved quickly to ensure the safety and integrity of the Northern Endeavour, signing a new agreement with Upstream Production Solutions (UPS), to operate and maintain the vessel.
UPS is a respected and reliable operator in the offshore sector. It will operate the vessel in lighthouse mode, the minimum required for safe operations, with no production and a small crew until a longer-term solution is determined.
Minister for Resources,...
The Australian Government has been advised that the Northern Oil and Gas Australia (NOGA) group of companies has been placed into liquidation.
Minister for Resources, Water and Northern Australia Keith Pitt said this is an unprecedented event in the offshore oil and gas industry in Australia.
“It is regrettable that a commercial solution could not be found to prevent NOGA entering liquidation, but the Government will do everything it needs to do to protect the safety and security of...
The UAE’s first confirmed case of the Wuhan coronavirus -- the first confirmed case in the Middle East – has had a greater impact on oil prices than Libyan oil shutdown or Iran-USA tensions.
That’s according to data analytics company GlobalData, who said of the recent outbreak and its influence on markets.
“The Gulf region, and Dubai in particular, is a major travel and business hub between Asia and Europe. Its links with China have been an important part of the...
A Perth geoscientist who has pioneered taking science out of the classroom into a hands-on, in-the-field experience – particularly for remote area schools – has been praised for her nomination among Saturday night’s “Australian of the Year” awards in Canberra.
Ms Suzy Urbaniak was WA’s nominee in the “Australian of the Year - Local Heroes” award category.
The ‘Local Hero’ award acknowledges extraordinary contributions made by...
Australia has officially become the world’s largest exporter of Liquefied Natural Gas (LNG) on an annualised basis.
In sending overseas, an estimated record 77.514 million tonnes (Mt) of locally produced LNG in calendar 2019, Australia edged out former No. 1 LNG export titleholder Qatar, expected to produce 75Mt in 2019.
The 2019 Australian LNG exports were more than twice those of the United States, the world’s other fast-growing LNG producer. The US...
Natural gas production for Northwest Europe is forecast to decline by approximately 25% from current levels over the next five years as upcoming projects struggle to offset overall declines, according to data and analytics company, GlobalData.
The company’s report, ‘2019 Northwest Europe Upstream Development Outlook – Surge in New-Build Oil and Gas Project Starts for 2020’, reveals that gas production fell year on year over the last two years, a trend that is set to continue over...
In the 1970s, Americans faced long lines at gasoline pumps. Today, the United States is a net oil and petroleum exporter. How did this happen? Two words: technology and innovation.
“Modern technology means more oil and gas can be extracted from the same wells. It’s called hydraulic fracturing, or fracking,” says ShareAmerica, an organisation that informs global audiences about life in the US and offers engaging material on a number of topics.
“Frackers pump water and chemicals...
The 2019 winner of APPEA’s prestigious Tony Noon Memorial Scholarship is Elliot Foley, a PhD candidate from James Cook University based in Townsville.
Mr Foley – who is studying geoscience – was awarded the $3,000 scholarship for his research on sedimentary basins and petroleum prospectivity in north-eastern Queensland, focusing on the Carpentaria Basin.
The annual Tony Noon Memorial Scholarship provides a one-off grant for honours, Masters or PhD students from a range of...
Following the recent news that Saudi Arabia’s national oil company has completed the initial public offering (IPO) of 3 billion shares — raising $25.6bn — international analysts have reacted saying the listing was not a complete success.
Richard Thompson, an Editorial Director at GlobalData, commented:
“Aramco’s IPO has several important objectives for the company and for Saudi Arabia. Most obvious is that it has raised $25.6bn in equity for the company that will be...