PESA Gazette December 2024 Edition

pesa gazette
December 2024 Edition

Trump’s new Energy Czar is closely Connected to Australian ‘Top End’ Fraccing Companies

Chris Wright, the US Government's new energy czar has close ties to Australia having invested in "fracking" companies focused on "fracking" in the Top End.

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LETTER FROM THE PRESIDENT

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Tech Talk

gas

US Vote 2024: Trump 2.0 to reshape global LNG landscape, unlock long-term demand says Rystad Energy

Triggered by incoming US President Donald Trump, the next four years could prime the liquefied natural gas (LNG) markets for a golden era.

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Shearwater Bly

High-impact Oil & Gas Exploration could cut Global Scope 1 and 2 emissions by 6% in 2030

The world has approximately 3 trillion barrels of oil equivalent (boe) inventory. This translateing t 45 years of oil and over 60 years gas.

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Big Oil Bets on Biofuels with more than 40 Projects Planned by turn of the Decade

Six oil majors have announced 43 biofuel projects that are either operational or are targeted to start up by 2030.

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Industry News

Beach Energy Ocean Onyx

AEP Applauds Victoria’s New Gas Supply Attitude but says ‘Words Must be Backed by Action’

Australian Energy Producers (AEP) has welcomed a new rhetoric coming out of Victoria that signals revitalise gas production in the State

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WoodMac Flags Guyana and Suriname for Formidable Future LNG Superpower Potential

WoodMac says Guyana and Suriname show potential as rising LNG export superpowers.

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Vaca Muerca Smashes Crude Output Record on track for 1 Million BOPD by 2030

Argentina’s Vaca Muerta shale play reached a production record of 400,000 barrels per day) in the third quarter and is on track to hit 1 million bpd by 2030.

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Oil and Gas Contracts Value Declines Despite Steady Volumes in Q3 2024, says GlobalData

GlobalData says oil and gas contract activity saw a 35% quarter-on-quarter decrease to $35.7 billion in Q3 2024

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Santos Building Adelaide

Court Documents Reveal EDO’s “Confected” Evidence to stop Barossa Gas Project

The Australian Energy Association has slammed the Environmental Defenders Office’s (EDO) for inappropriate conduct laid bare in Federal Court documents.

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Senex Delivers on more Gas Supply Promise With Official Opening of $1Bn Expansion

Senex has officially opened the $1 Billion Atlas and Roma North expansion in Queensland.

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Shearwater Awarded Large 3D Seismic Project Offshore India

Shearwater's Oceanic Sirius will carry out a large 3D seismic survey offshore India commencing in early 2025.

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Ishtar-ccs

‘CCUS Action Plan Highlights WA’s Net Zero Leadership’

Western Australia has recalibrated its sights on a net zero target by announcing a plan of action.

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Critical Minerals Shortages Threaten International Energy Tansition Goals, Reveals GlobalData

GlobalData’s Strategic Intelligence report, Critical Minerals (2024), identifies the main challenges to scaling energy transition hurdles

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Recent Webinars

The following webinar recordings are now available to view through the PESA technical library:

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Thermophysics and Multiphase Flow in CCS

Samuel Jackston (CSIRO)

October 2023

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