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.
Industry
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.
New Victorian Government has Opportunity to Recognise Net Zero Role of Gas, says AEP
New leadership for the Victorian Government gives the state an opportunity for a fresh start on energy policy to recognise the important role of natural gas and ease energy security and affordability risks.
China Oil Demand Heading for Inflection Point
Within three to five years, China will no longer be the bedrock of the oil industry as demand in the world’s second largest economy is set to peak and then go into decline.
Hydrogen Hub Gets Green Light for South Australia
Australian Prime Minister Anthony Albanese has announced a largely federal government funded initiative to develop a hydrogen hub in South Australia.
The Hydrogen and Renewable Energy Bill Has Entered Parliament
After widespread public and stakeholder consultation, South Australia said it was pleased to announce that the world-leading Hydrogen and Renewable Energy Act Bill has been introduced to the South Australian Parliament.
GECF announces key milestone: 7th Summit of Heads of State Date in Algeria
All eyes will be on Vladimir Putin's movements as the Gas Exporting Countries Forum convenes the 4th High Level Ad-Hoc Working Group meeting at the GECF Secretariat.
All is Quiet Except on the Western (Australian) Front
Strikes are the only thing keeping shoulder season prices buoyant.
Volatility has returned to gas markets as workers at Chevron’s Wheatstone platform and LNG facility, as well as the Gorgon LNG facility, went on strike on 8 September after the five-day negotiations with the US supermajor failed.
In a gas and LNG market update, Rystad Energy’s vice president Kaushal Ramesh noted that the front-month Title Transfer Facility (TTF) had opened at over $12 per million British thermal...
Report Finds Growing Role for Natural Gas in Fuelling WA Economy
An independent report into Western Australia’s gas market has highlighted the growing importance of natural gas in WA’s energy mix and the need for investment in new supply.
Gas Investment Critical as AEMO Warns Blackouts Looming
The urgent need for new gas supply has been laid bare in an independent report warning of a “material risk” to Australia’s power supplies because of future gas shortfalls and a lack of investment in gas generation.