CGG, PGS and TGS, industry leaders of multi-client geoscience data, have announced the launch of new tiered offerings for Versal, the “groundbreaking multi-client data ecosystem”.
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Victorian Home Gas Ban “Ignores Importance of Gas in Net Zero Energy Mix” – APPEA
The Victorian Government’s gas ban for new homes ignores the fundamentals of the energy system transformation to net zero including the importance of gas as a partner to renewables in reliable electricity generation.
Conventional Oil and Gas Exploration Grows, but Discoveries Remain Elusive says Rystad Energy
Spending on conventional oil and gas exploration is rebounding and expected to top $50 billion this year, the highest since 2019, but operators are still waiting for the results they had hoped for.
Wood Wins Contracts to Deliver Emissions Reductions on Australian Gas Projects
Global consulting and engineering company Wood has secured contracts with Beach Energy and Mitsui E&P Australia (MEPAU) to deliver solutions to achieve emissions reduction targets.
Wood said these strategic projects will reduce emissions intensity in line with Australia’s National Greenhouse and Energy Reporting Act, which is driving a reduction in emissions baselines1 by 4.9 percent each year before 2030.
Applying innovations in maintenance, operations and brownfield engineering,...
APPEA: ‘Victorian Home Gas Ban Ignores Importance of Gas in Net Zero Energy Mix’
The Victorian Government’s gas ban for new homes ignores the fundamentals of the energy system transformation to net zero including the importance of gas as a partner to renewables in reliable electricity generation.
The Australian Petroleum Production & Exploration Association (APPEA) today said the Government’s policy shifts the burden on to consumers, pushing households on to an already strained coal-based electricity grid and ignoring the urgent need for new local gas supply to...
Northern Goldfields Interconnect Pipeline Opens, Creating Interconnected WA Gas Grid
APA Group’s new Northern Goldfields Interconnect (NGI) pipeline was officially opened by Western Australia Minister for Mines and Petroleum; Energy; Hydrogen Industry and Industrial Relations, the Hon. Bill Johnston MLA.
APA said the NGI pipeline would provide greater energy security, supporting growth and transition in the Western Australia resources sector.
The new 580-kilometre buried pipeline connects the Dampier to Bunbury Natural Gas Pipeline to the Goldfields Gas Pipeline,...
Shale Oil Market Likely to be Valued at US$ 6.68 Billion by 2032
The shale oil market is likely to be valued at US$ 6.68 Bn by 2032, according to a new report on the Shale Oil Market released by Future Market Insights.
China’s Shanxi Province Achieves Record Unconventional Gas Production
China’s state-owned news agency, Xinhua, says the production of gas in north China’s Shanxi Province increased 5.7% to 6.82 billion cubic metres in the first half of 2023, setting a new record for the major coal region.
US LNG looks to be Headed to Asia, not Europe, as TTF prices fall, says Rystad Energy’s Gas and LNG Market Update
LNG cargoes from the US are poised to shift to Asian ports as prices fall in Europe.
EnergyQuest Releases its June 2023 Australian LNG Monthly Report
In a concerning sign of the health of Australia’s electricity market, the supply/demand balance for gas depends significantly on reduced gas-fired power generation (GPG) demand and good weather.