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Monday
26 September 2016
 
 
   TODAY'S STORIES
 
SLUGCATCHER 
Slugcatcher tires of talk and waits for action


IF LIFE was a movie this is the time when we cut to the chase scene with action replacing endless talking, and if you think Slugcatcher is referring to the US presidential election campaign you’re partly right because it also applies to endless talking about an oil price fix.
Full Story...


MORE SLUGCATCHER

OPEC castle under siege


The parallels between East Timor and Israel


The east coast train wreck


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PREMIUM FEATURES 
New world for offshore bidding


IT’S quite a different world since companies such as Woodside Petroleum and Hess Corporation bid big work programs to secure blocks in 2007, and counter-cyclical thinking oilers can pick up bargains across Australia’s deep offshore waters with far less pressure to drill, baby, drill.
Full Story...


MORE PREMIUM FEATURES

Cottee’s free market call


Graphite man eyes battery motherlode


Visionary predicts petroleum future


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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


FORMER Santos process optimisation manager Kevin Seanard has responded to our September 14 feature, Why Santos deserved to die, criticising the company's strategies.
Full Story...


MORE LETTERS

Letter to the editor


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LIQUIFIED NATURAL GAS 
ExxonMobil joins small-scale party


EXXONMOBIL is joining the small-scale LNG party with a new bunkering base in Singapore for “milk-run” LNG deliveries as it eyes growing acutely concentrated energy demand in the region.
Full Story...


MORE LIQUIFIED NATURAL GAS

PNG pushes for greenfields option


SGX warns of coal risk to gas rise


LNG recovery tracking well


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COAL SEAM GAS 
APPEA trashes activist report


THE Australian Petroleum Production and Exploration Association has accused the Western Rivers Alliance of recycling wildly inaccurate and discredited claims about the gas industry to whip up fear in Queensland’s remote channel country.
Full Story...


MORE COAL SEAM GAS

Walyering mystery gets another detective


Long live the Cooper Basin: Citi


Well improvements needed: regulator


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SHALE GAS 
Falcon completes NT frac


THE ban may be in force on fracture stimulation in the Northern Territory, but like Indiana Jones, the Falcon Oil & Gas-led joint venture in the Beetaloo Sub-basin has slid under the door, completing fraccing of the Amungee NW-1H well just before the gate slammed shut.
Full Story...


MORE SHALE GAS

Yet another NT frac inquiry arrives


China progresses shale, LNG plans


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SAFETY & ENVIRONMENT 
Origin flare concerns locals: video


THE clash of cultures between oil and gas drilling and pastoralists has created new flashpoint in the Northern Territory, with locals in the Beetaloo Sub-basin being concerned about a routine test flare at Origin Energy’s Amungee NW-1H well.
Full Story...


MORE SAFETY & ENVIRONMENT

Expert warns on Bight drilling


Visionary predicts petroleum future


Sensabot launched: video


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CAREERS & RECRUITMENT 
Chinese intrigue in Santos CFO move


WITH the appointment of ROC Oil Company CEO Anthony Neilson as its new chief financial officer, Santos will have a unique insight into the oil and gas investment strategy of China, the nation which now has a key strategic shareholding in it.
Full Story...


MORE CAREERS & RECRUITMENT

Oil Search opens up people power


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DRILLING 
Halliburton in motor boost


HALLIBURTON business Sperry Drilling has released the latest additions to its drilling motor product line hailed as the “next step change” in reliability and performance which could eliminate up to half of motor failures.
Full Story...


INDUSTRY MOVES 
Farstad consolidates Oz office


THE oil price rout is hitting close to home yet again, with low client activity prompting Norwegian player Farstad Shipping to fold its Melbourne management office into its Perth base, more than halving its Australian workforce in the process.
Full Story...


MORE INDUSTRY MOVES

Chinese intrigue in Santos CFO move


Mulacek concedes InterOil takeover


Medco circles Indo expansion


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PIPELINES 
States of emergency after pipeline failure


A HIGH profile failure on one of the US east coast market’s most vital pipelines has seen prices at the pump skyrocket and caused fuel shortages, inconveniencing an estimated 50 million people each day.
Full Story...




 


Slugcatcher tires of talk and waits for action


IF LIFE was a movie this is the time when we cut to the chase scene with action replacing endless talking, and if you think Slugcatcher is referring to the US presidential election campaign you’re partly right because it also applies to endless talking about an oil price fix.
Full Story...

Energiewende overflow to power trains


GERMANY is set to operate the world’s first hydrogen-powered train, which will allow travel by up to 300 people for more than 700km without CO2 emissions and which could save three million barrels of oil per annum.
Full Story...

New world for offshore bidding


IT’S quite a different world since companies such as Woodside Petroleum and Hess Corporation bid big work programs to secure blocks in 2007, and counter-cyclical thinking oilers can pick up bargains across Australia’s deep offshore waters with far less pressure to drill, baby, drill.
Full Story...

   CURRENT FOCUS FEATURES

Offshore Equipment & Service

Sulzer expands in WA

Subsea players’ Musketeers play

North West cable supports $50B developments

Polarcus wins Oz contract

Ultra-deepwater getting cheaper

Ichthys commissioning in full swing

Julimar looking good

Subsea compression recognised

Dodgy subsea bolts spark concerns

UK urged to get with the times


  VIEW ALL STORIES on Offshore Equipment & Service



   TODAY'S STORIES CONTINUED


South Africa’s winds of change


SOUTH Africa is now a hot spot for wind power investment as it shows signs of turning away from its coal-fired power base to dabble in the world of renewable energy.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: Changes at Eneabba; CB&I promotes; and Hyperdynamics builds team.
Full Story...

Farstad consolidates Oz office


THE oil price rout is hitting close to home yet again, with low client activity prompting Norwegian player Farstad Shipping to fold its Melbourne management office into its Perth base, more than halving its Australian workforce in the process.
Full Story...

Sulzer expands in WA


DIVERSIFIED 182-year-old Swiss technologies and services firm Sulzer is expanding in Western Australia to support the oil and gas industry, in a positive sign amid the downturn.
Full Story...

Cottee’s free market call


WITH moratoriums to the left of him and bans to the right, Central Petroleum managing director Richard Cottee has told Energy News he can only help save east coast gas markets if the authorities remove structural dis-incentives to invest.
Full Story...

Energy Briefs


IN TODAY’S Energy Briefs: PTTEP sledged by workers; Petrobras dramatic cuts; Norway strike; UK turmoil ended; Bounty gets Tanzania cash; Maverick closes raising; Alaska LNG agreement; Lukoil field; San Ardo field slammed; US ethane exports boost; Armour shipment; ZE signs Shell; Oswal settlement; Ohio rupture; MEO closes SPP; and Elixir’s best shortfall.
Full Story...

Halliburton in motor boost


HALLIBURTON business Sperry Drilling has released the latest additions to its drilling motor product line hailed as the “next step change” in reliability and performance which could eliminate up to half of motor failures.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: Chaos as Iraq finance minister sacked; The man who sold BG joins PE; SACOME names new CEO; and GE exec added to Innovation Australia board.
Full Story...

Central conman jailed


DALTON Hallgren, the 46-year-old Montana local who swindled more than $500,000 from Central Petroleum will spend 18 months in jail for his crimes.
Full Story...

Oilers abandon Trump


US REPUBLICAN presidential hopeful Donald Trump appears to have been abandoned by the oil and gas sector, at least financially speaking.
Full Story...

Big Oil learning lessons


THE oil and gas industry’s chronic underinvestment of the past two years will trigger a supply gap by 2019 but at least the oil rout has forced the industry to start fixing the exploration economics that Wood Mackenzie believes were broken even when oil was above $US100/barrel in 2014.
Full Story...

Darling Downs generator overhauled


UK GROUP EthosEnergy has overhauled Origin Energy’s gas turbine and generator at the Darling Downs power station, in what is understood to be the first time a third-party provider has performed that task for the LNG producer.
Full Story...

No more ‘fat, dumb and happy’: Bennett


CLOUGH CEO Peter Bennett says Australia’s oil and gas sector needs a serious attitude change to cut construction costs to fully exploit the widely forecast massive LNG demand growth ahead.
Full Story...

Energy Briefs


IN TODAY’S Energy News: Inpex seeks pipeline tick; Transocean's rig risk; InterOil falls; Metgasco's US push; Russian record; Exxon fined; Norway interest down; Shell sells royalties; Aecom's framework; UKOG's park plan; AusGroup AGM delayed; Alberta challenge; Mozambique oil hunt; and Ambit raising for Nigeria hunt.
Full Story...

UK calls tech support


THE UK’s Oil and Gas Authority has published a key strategy aimed at keeping the industry focused on the areas of highest value for the UK Continental Shelf and supporting the development, testing and deployment of new technologies to maximise oil field recoveries.
Full Story...

Personnel Movements


IN TODAY’S Personnel Movements: BHP retirement; Position Partners expands executive team; and Alaska Governor moves on dissenting AGDC board member.
Full Story...

Wells Fargo defends ExxonMobil


WELLS Fargo, which yesterday faced a US Senate grilling for fraud and unconscionable conduct, has defended ExxonMobil's business practices in the face of a US Securities Exchange Commission inquiry.
Full Story...

EVs no threat to petroleum addiction


THE world needs to stop selling cars running on petroleum within the next two decades to meet its COP21 goals according to the Climate Action Tracker, just as Shell and car maker GM are helping reduce fuel demand.
Full Story...





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