Rystad Energy’s Gas and LNG Market Update from Senior analyst Lu Ming Pang has revealed a slump in Title Transfer Facility (TFF) prices.
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CCS Hub Aliance Decarbonisation Solution for Hard to Abate CO2 Emitters
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Still Bearish Despite LNG Disruptions, Cold Snap, Says Rystad Energy’s Gas and Market Update
Wei Xiong
Senior Analyst
Despite freezing temperatures in Northwest Europe and delivery disruptions at Australia Pacific LNG due to vessel outages, Title Transfer Facility (TTF) prices were down 8.7% to $13.71 per million British thermal units (MMBtu) on 28 November from the previoius week’s highest level.
Ongoing bearish sentiment is due to a muted gas demand outlook and ample inventories in the northern hemisphere.
Underground gas storage facilities in Europe were 97.4% full...
PGS and TGS Shareholders Approve Merger Plan
TGS and PGS jointly announced that their respective boards of directors have unanimously approved and decided upon a definitive merger agreement in line with terms previously announced.
WA Golf event 2023 – The vines
The annual ASEG-PESA golf classic event was held on 24th November in scorching temperatures at the Vines golf resort in the Swan Valley. 112 golfers turned out to compete for glory and prizes.
We are happy to announce that the results were:
Team Winners
1st – Marcel Rive, Jeromy Depledge, Damien O’Rourke, Vincent Ganivet
2nd – Andrew Watts, Rafi Jerejian , Zac McCarrey and Bow Kocijan
3rd – Nick David, Paul Rheinberg, Brian Sharp, Karl Perry.
Individual Winners
H2Site and Gold Hydrogen have signned a MoU to develop a natural hydrogen pilot plant on the York Peninsula,
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APA Group has signed a Memorandum of Understanding (MoU) with Santos to explore the development of potential Carbon Capture and Storage (CCS) pipelines for their Moomba CCS facility.
Petrobras and Shearwater Enter Collaborative Agreement to Reshape Seismic Exploration and Field Developments
This multi-year strategic partnership is set to evolve the seismic industry to new levels of performance.
New Gas Supply Needed in all Net Zero Pathways: EY report
Australia will still need substantial gas production 26 years from now to ensure reliable and affordable energy in 2050, even under a net zero scenario, according to The future role of natural gas in Australia and the region.
Tamboran Starts Stimulation at SS-1H
Tamboran has commenced stimulation activities at the Shenandoah South 1H (SS-1H) well pad within its 38.75 per cent owned and operated EP 117 permit.
The program, which is planned to include 10 stimulation stages over a 500-metre (1,640-foot),horizontal section within the Mid-Velkerri B Shale, is expected to be completed in December.
The campaign is being conducted by Condor Energy Services.
On completion of the stimulation campaign, production tubing will be installed ahead of the...