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Sunday
28 August 2016
 
 
   TODAY'S STORIES
 
SLUGCATCHER 
The return of wealth creation


SHAREHOLDERS in Woodside Petroleum might not feel it, but collectively they are $1.1 billion wealthier today than they were a week ago, and while that calculation by Slugcatcher might fall into a category headed ‘meaningless statistics’ there is a message behind the number.
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MORE SLUGCATCHER

The other side of a double-bottom


Slugcatcher: the bearer of bad news


The double-bottom that signals sharp upturn


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PREMIUM FEATURES 
Union’s waiting game post-Gorgon leak


EIGHT weeks after a gas leak suspended production at the Gorgon LNG plant and forced the evacuation of workers, union officials have still not been allowed to visit the site, Energy News has learned.
Full Story...


MORE PREMIUM FEATURES

Academic bullish on shale


Chevron’s domgas lure


Uncertainty dogs Gas2Grid


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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.
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MORE TECHNICAL & PRODUCT

Oil Search leaps ahead


Inatex strengthens Asian push


Logging tool aims to cut drilling costs


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LIQUIFIED NATURAL GAS 
Union’s waiting game post-Gorgon leak


EIGHT weeks after a gas leak suspended production at the Gorgon LNG plant and forced the evacuation of workers, union officials have still not been allowed to visit the site, Energy News has learned.
Full Story...


MORE LIQUIFIED NATURAL GAS

Papua LNG in doubt


Origin ‘in the clear’


Gallagher offers gas hope


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COAL SEAM GAS 
CSIRO to test Surat CSG air quality


AN AIR quality model developed by CSIRO will be used to explore the degree to which different emissions in Queensland’s Surat Basin from CSG fields, coal mines and power stations contribute to the levels of air pollution.
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MORE COAL SEAM GAS

Senex learning from GLNG mistakes


V2H in CSG breakthrough


CSG research reveals chronic overbuild


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SHALE GAS 
Senex hopeful on unconventionals


SENEX Energy CEO Ian Davies has told Energy News that the Brisbane junior and partner Origin Energy could make their geologically complex unconventional gas work for less than the medium-term forecast east coast gas price range – they just have to flow it at commercial rates.
Full Story...


MORE SHALE GAS

AJL loss improves


Kinetiko aims to get moving again


Shale tech commercialised


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SAFETY & ENVIRONMENT 
Northern Endeavour slapped with notice


THE National Offshore Petroleum Safety and Environmental Management Authority has hit the new owner of the Laminaria and Corallina oil fields with an environmental prohibition notice that could see production terminated over concerns over the oil spill response plan.
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MORE SAFETY & ENVIRONMENT

Montara legacy lingers


More oilers in green sin bin


BP has fresh crack at Bight


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INDUSTRY MOVES 
ConocoPhillips rejects FAR claims


WHAT is going on between FAR and ConocoPhillips? With the US supermajor claiming that a pre-emption window has expired, Energy News contacted a number of legal eagles to better understand what may have caused the rift between the owners of one of the world’s largest modern oil discoveries.
Full Story...


MORE INDUSTRY MOVES

Sparrows takes flight


FAR’s audacious move


Qld CSG pioneer becomes NT election issue


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Northern Endeavour slapped with notice


THE National Offshore Petroleum Safety and Environmental Management Authority has hit the new owner of the Laminaria and Corallina oil fields with an environmental prohibition notice that could see production terminated over concerns over the oil spill response plan.
Full Story...

Smooth start for TAN plant


GAS from the North West Shelf is providing the feedstock for the world’s first modular ammonium nitrate plant, a project originally proposed by US oil and gas concern Apache Corporation but sold when it quit Australia last year.
Full Story...

Union’s waiting game post-Gorgon leak


EIGHT weeks after a gas leak suspended production at the Gorgon LNG plant and forced the evacuation of workers, union officials have still not been allowed to visit the site, Energy News has learned.
Full Story...

   CURRENT FOCUS FEATURES

Safety

Northern Endeavour slapped with notice

CSIRO to test Surat CSG air quality

Union’s waiting game post-Gorgon leak

Emerson wins global Total contract

Pub brawls spark innovation

Icon praised for Wheatstone safety

AUVs a bright spark in dark times

Decom solution for vexing problem

Unpacking UK concrete dinosaur crisis

The future is now for safety


  VIEW ALL STORIES on Safety



   TODAY'S STORIES CONTINUED


Energy Briefs


IN TODAY’S Energy Briefs: Gas claims denounced; Jordan spill contained; Stuffed rig assessed; Millionaire Cluff asks for handout; Cairn cool on Malta; Thailand acreage release confirmed; Pertamina moves on East Natuna; Canada considers drilling charges; US shale gas strong; Nord Stream 2 alive; First tanker crosses Panama Canal; Fram C East flows; Byron dilution; and Simmons Edeco wins storage work.
Full Story...

CSIRO to test Surat CSG air quality


AN AIR quality model developed by CSIRO will be used to explore the degree to which different emissions in Queensland’s Surat Basin from CSG fields, coal mines and power stations contribute to the levels of air pollution.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: Anadarko prepares for retirements; Sound nabs exploration expert; and Foy gains new MD from Disney.
Full Story...

Mixed views on services sector


HAVING looked at the earnings reports coming out of the services sector, Hartleys analysts have been disappointed by engineering and contracting firm Monadelphous, preferring Imdex and ToxFree Solutions as a way to ride any recovery in oil and gas prices.
Full Story...

LWP bets big on recovery


PROPPANT maker LWP Technologies has shrugged off a sluggish level of demand for its revolutionary fly-ash derived product in the oil and gas market and has pushed ahead plans to develop its first commercial-scale factory in India by the middle of 2017 after a promising visit to the US.
Full Story...

ConocoPhillips rejects FAR claims


WHAT is going on between FAR and ConocoPhillips? With the US supermajor claiming that a pre-emption window has expired, Energy News contacted a number of legal eagles to better understand what may have caused the rift between the owners of one of the world’s largest modern oil discoveries.
Full Story...

Montara legacy lingers


FISHERMEN from the East Nusa Tenggara area in Indonesia have kicked off a long-flagged legal battle this week, seeking compensation in the Federal Court of Australia six years on from Australia’s worst ever oil spill, caused by a well blow-out on PTTEP’s Montara platform offshore Western Australia seeking more than $200 million in damages.
Full Story...

Academic bullish on shale


A CURTIN University academic who believes Australia’s unconventional potential could yet devastate oil markets as cost of production dives has been shot down by a Wood Mackenzie analyst who says US tight oil producers are struggling at $US50 and the world is a long way off from making low cost unconventionals work.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs:CIMIC claims $US20B Gorgon cost spike; Supermajor debt unsustainable; Callawonga win; Roc-2 on track; Four arrested in Gulf protest; Petsec posts loss; NSW pipe plan; Weston's energy dream; NZOG pays dividend; Ausgroup warning; Shah Deniz on schedule; Jordan spill; Mitra review; MSS sells; Target woes; Neptune dividend; Decom tool; Indus confirms deal; Brookside move; Elk completes shortfall; and Climate change warning.
Full Story...

WorleyParsons swings to profit


CLOSING 30 offices globally, slashing some 6900 jobs and capital outflows by about $255 million helped WorleyParsons swing back to a full year profit after making a loss last financial year, but the firm says it will need to keep taking costs out of the business in the belief that the tough times aren’t over yet.
Full Story...

Sparrows takes flight


UK-BASED global engineering firm Sparrows Group has expanded its reach further into the Asia Pacific and Africa by signing up for new partnerships with SapuraKencana Petroleum and SPIE Oil & Gas Services.
Full Story...

Slump sinks MMA


MMA Offshore has posted another loss, this time $144 million, thanks to impairments on its assets as demand for its vessel, supply bases and slipways continue to be depressed, and it can’t predict when the situation will improve.
Full Story...

Cash for energy efficiency


ENERGY Minister Josh Frydenberg has heralded a new $18 million investment by the Commonwealth and the states arising from last week’s COAG Energy Council to help consumers manage their energy costs and reduce Australia’s greenhouse gas emissions at the small end of the scale.
Full Story...

Colorado dominoes put US at risk


IF ACTIVISTS have their way at the Colorado ballot box on November 8 and pass two initiatives imposing the toughest regulations on the hydraulic fracturing industry to date – increasing local control and dramatically limiting where fraccing can take place – it could a chain of dominoes that could see even more states enact frac bans.
Full Story...

OGS growth continues


PERTH-based engineering services firm OGS Group has launched yet another new division to focus on the Asia Pacific region headed up by former Wood Group leader Peter Winterbourne, a move that seems ideally timed for oilers cautiously starting to pick up activity again as crude prices slowly recover.
Full Story...

V2H in CSG breakthrough


V2H has scored a breakthrough via a three-year deal with Chinese-backed Queensland CSG producer WestSide Corporation that could help extract more gas for Gladstone’s LNG megaprojects.
Full Story...

Chevron’s domgas lure


CHEVRON Corporation’s Gorgon and Wheatstone projects could come to the rescue of Western Australia’s soon-to-be-distressed domestic gas market as RISC Advisory told Energy News the oil and gas company may be willing to accept lower prices now rather than wait more than a decade.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs: Nigerian Navy sinks barges; Cooper deal axed; Tlou renews GE alliance; Empire's MacBank deal; Petsec's $15M notes; RCR wins contract; Energy Bradkin's focus; Seismoelectric trials; Whales in Bight; OBL mandate ended; Phase 2 begins at Silvertip; Pakistan shale plans; China takes NS crown; HHI agreement; Heavy lifts begin; US spins up offshore wind; Statoil buys; Stone sells; Winner refloated; and more.
Full Story...





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