IT HAS been a year and a quarter of records according to consultancy EnergyQuest whose report released today finds overall production in Australia up over 16% for 2018-19 compared with the previous year to stand at just over one billion barrels of oil equivalent.
Chevron's Gorgon LNG project
However increased production comes at a time when there is a surplus on the market, depressed spot prices and Australia's long term oil-linked contracts yielding lower prices thanks to a lower...
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