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Sunday
31 July 2016
 
 
   TODAY'S STORIES
 
SLUGCATCHER 
The many winners in PNG


EVERYONE WINS. It’s not often something like that can be said about an event in the oil industry but ExxonMobil’s bid for Papua New Guinea-focused InterOil is what Slugcatcher believes can be described as a win, win, win win, win, win.
Full Story...


MORE SLUGCATCHER

Woodside may have finally got it right


Slugcatcher catches oil optimism


Slugcatcher and Santos’ great awakening


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PREMIUM FEATURES 
Glass half full for oil bulls


OPTIMISM in the oil patch has infected the World Bank, which has raised its 2016 oil price forecast despite this month’s pullback that is eliciting fears that the market is in for a replay of last year, with the bearish Morgan Stanley saying crude could hit $US30/barrel again amid mixed data out of China.
Full Story...


MORE PREMIUM FEATURES

InterOil insider trading allegations


FLNG JV provides hope


ExxonMobil on verge of splurge


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TECHNICAL & PRODUCT 
Hydrogen: fuel of the future or a scam?


SCIENTISTS at Osaka University have created a new method to use sunlight to turn seawater into hydrogen peroxide, which can then be used in fuel cells to generate electricity, but the co-founder of Tesla Marc Tarpenning has argued that hydrogen is not the fuel of the future, but a technological dead end.
Full Story...


MORE TECHNICAL & PRODUCT

Oil Search leaps ahead


Inatex strengthens Asian push


Logging tool aims to cut drilling costs


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LETTERS 
Letter to the editor


THE debate over the impact of renewables on energy markets continues apace, with consulting reservoir engineer Don McMillan responding to yesterday's letter which condemned Liberal Senator Chris Back's call for moratoriums on new wind farms.
Full Story...


MORE LETTERS

Letter to the editor


Letter to the editor


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LIQUIFIED NATURAL GAS 
APLNG boosts partners’ fortunes


CONOCOPHILLIPS says Australia Pacific LNG is on track for first cargo from Train 2 by the fourth quarter, and the project has not only set up a chunk of the US major’s entire production base to have no decline for the next 20 years but boosted debt-heavy Origin Energy’s revenue.
Full Story...


MORE LIQUIFIED NATURAL GAS

CFMEU official faces standover threat charge


China surges amid Panama dodgems


FLNG JV provides hope


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COAL SEAM GAS 
Galilee test could open new region


GALILEE Energy has committed to drilling a new CSG well at its remote Glenaras project in the Galilee Basin that could lead to the first reserves for the potentially significant project being booked early in the new year and a ready new source of east coast gas.
Full Story...


MORE COAL SEAM GAS

New jet tech for CSG


Drones to help landholder relations: video


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SHALE GAS 
Drillers innovate to survive


PRE-OIL price crash levels of $US120/barrel may now be an impossible dream for oil and gas drillers, but they can look forward to further recovery next year in better shape as the downturn has forced them to innovate more and look to potentially massive opportunities for shale and tight gas in Saudi Arabia.
Full Story...


MORE SHALE GAS

PNG pumped for unconventional gas potential


APPEA to sweet talk Territorians


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SAFETY & ENVIRONMENT 
FIFO warning


WITH up to a third of fly-in, fly-out workers suffering mental health difficulties, suicide prevention organisation R U OK? is urging workmates to support each other before they hit rock bottom.
Full Story...


CAREERS & RECRUITMENT 
Founder leaves Protean


FORMER Woodside Petroleum senior vice president of projects Steve Rogers is coming in to help move Protean Wave Energy forward as managing director.
Full Story...


MORE CAREERS & RECRUITMENT

Don’t forget people: Hackett


APPEA hopes against hope


Santos CFO walks


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DRILLING 
Lion selects SBA target


TINY Indonesian oil and gas producer Lion Energy is hoping to finally unleash a drilling rig on South Block A before the end of the year, a shallow Indonesian oil target that could be transformational for the company.
Full Story...


INDUSTRY MOVES 
Centurion to merge


Oil field support firm Centurion Group is merging with Scottish firm ATR Group to create a global player in the oil and gas rental equipment and services market with bases in the UK, Netherlands, Caspian region, Singapore, Australia and the US.
Full Story...


MORE INDUSTRY MOVES

FLNG JV provides hope


ExxonMobil on verge of splurge


The many winners in PNG


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PIPELINES 
Shell opens jet fuel pipeline


SHELL’S $4.73 billion exit from Caltex’s share register last year hasn’t stopped them collaborating on major projects, with the pair opening a $16 million jet fuel pipeline yesterday to service Brisbane Airport.
Full Story...


MORE PIPELINES

Gas transmission shake-up coming


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PRODUCTION 
UK’s bold plan


THE UK’s oil and gas regulator has launched an ambitious, counter-cyclical bid to convince industry to invest in capital-intensive enhanced oil recovery to boost the sector at a time when operators and service providers are still slashing costs.
Full Story...




 


Centurion to merge


Oil field support firm Centurion Group is merging with Scottish firm ATR Group to create a global player in the oil and gas rental equipment and services market with bases in the UK, Netherlands, Caspian region, Singapore, Australia and the US.
Full Story...

Site aims to train the world


SITE Group International's Kumul Petroleum Academy has signed a landmark technician development agreement with ExxonMobil to train staff to work at the PNG LNG project and a deal with RBR Group to train up workers in the emerging LNG hotspot of Mozambique.
Full Story...

Glass half full for oil bulls


OPTIMISM in the oil patch has infected the World Bank, which has raised its 2016 oil price forecast despite this month’s pullback that is eliciting fears that the market is in for a replay of last year, with the bearish Morgan Stanley saying crude could hit $US30/barrel again amid mixed data out of China.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs: Pokemon’s energy cost; Chevron loan; another Rosneft death; BH loss; Moreton deadline; G2G on hold; Target's 620% boost; Cache idled; PPP's good quarter; Flanagan outlook good; Weeks benefit; Zeta raises; Sunbird sells; Tempo buys Cablelogic; Key's option; Cyprus bids; McDermott's pain; UK offers blocks; Neptune's PTTEP win; Otto serves Swala; Greenpower raising; MMA writedown; Republican complaint; and Xstate interest.
Full Story...

FIFO warning


WITH up to a third of fly-in, fly-out workers suffering mental health difficulties, suicide prevention organisation R U OK? is urging workmates to support each other before they hit rock bottom.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: Schlumberger veteran joins EV; specialty gas producer appoints ops director; and ALS swops chairmen after retirement.
Full Story...

The changing face of power generation


A RECLAIMED coal mine in Wyoming has been cleaned up and used as part of a new wind farm, a symbol of the old and new energy generation words.
Full Story...

Renewables map upgraded


AN ONLINE map that helps renewable energy developers find the best locations for new Australian projects has received major upgrades.
Full Story...

Pacific wins Gwalia renewal


POWER generator Pacific Energy has secured a renewed eight-year contract with St Barbara to power the historic Gwalia gold mine near Leonora.
Full Story...

Technip’s triple win


TECHNIP has been a contract-winning machine overnight, securing new large contracts in the UK Continental Shelf, Russia and Woodside Petroleum’s newest oil field development in Australia.
Full Story...

CFMEU official faces standover threat charge


THE ugly face of ‘union thuggery’ at the Gorgon LNG project on Barrow Island has been put before the Federal Court, with the Construction Forestry Mining and Energy Union and union official Bradley Upton facing allegations of abuse and threats against construction workers at the $US54 billion development.
Full Story...

InterOil insider trading allegations


INTEROIL founder Peter Mulacek has asked US and Canadian regulators to probe explosive insider trading allegations against the takeover target’s board and management.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs: WA power reforms; Libyan tanker bomb threats; Two killed in Russia; Statoil income drops; SKP wins TANAP contract; Tanker ban call; Strata-X production falls; Highlands enters Colorado; Petrobras gas plan; Hess loss; Iraq help; UCG protest; Murphy loss; Real resumes; Shell IPO; SA strike; Saipem graft; Cooper delay; NGE buyback; Austin oil shows; SEA refacs; RL award; Samarco payment; Strait sale; PVD confused; and OBL shares.
Full Story...

Letter to the editor


THE debate over the impact of renewables on energy markets continues apace, with consulting reservoir engineer Don McMillan responding to yesterday's letter which condemned Liberal Senator Chris Back's call for moratoriums on new wind farms.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: Planet Gas resignation; Hess exec joins service provider; oil lobbyist wins clean water job; and Rawlings takes interim CEO role.
Full Story...

Founder leaves Protean


FORMER Woodside Petroleum senior vice president of projects Steve Rogers is coming in to help move Protean Wave Energy forward as managing director.
Full Story...

ALS sees life after hell


DIABOLICAL though the timing of ALS' entry into the oil and gas market was, managing director Greg Kilmister is adamant its costly bet is still worth the punt as optimism returns to the oil patch despite enduring a “terrible year”.
Full Story...

Shell opens jet fuel pipeline


SHELL’S $4.73 billion exit from Caltex’s share register last year hasn’t stopped them collaborating on major projects, with the pair opening a $16 million jet fuel pipeline yesterday to service Brisbane Airport.
Full Story...

Gas transmission shake-up coming


THERE will be a major shake-up of how pipelines move gas around the east coast if the Australian Energy Market Commission’s new recommendations to the Council of Australian Governments’ Energy Council are implemented.
Full Story...

Letter to the editor


YESTERDAY’S story Wind moratorium call has drawn a response from Adam Lippiatt, who said Senator Chris Back’s suggestion missed the point about where Australia is at in the transition to emissions-free electricity production.
Full Story...

Nexans in Australian first


CABLE and umbilical supplier Nexans has secured the contract to deliver umbilical and accessories to Schlumberger’s OneSubsea for Woodside Petroleum’s Greater Enfield development off the coast of Exmouth, Western Australia.
Full Story...





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