Australia's Santos posts profit on cost cuts
Santos swung to a first-half underlying profit on 24 August.
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Santos swung to a first-half underlying profit on 24 August.
Clyde Russell asks whether the arrival of the last major piece of kit in Australia's US$180 billion LNG spree is a cause for celebration or for a wake?
According to Reuters, Woodside Petroleum is expecting the Wheatstone LNG project to produce its first cargo in September this year.
Clustering of economic activity a channel to competitiveness.
EnergyQuest has released its latest Australian LNG monthly report, covering the July period.
The last massive component of Australia's US$180 billion LNG construction boom arrived on 14 August.
Santos has announced that it has signed an agreement with ENGIE for the provision of gas to the Pelican Point Power Station, which will help to support South Australia’s energy requirements.
Australia's AGL Energy has provisionally picked a site in the southeast of the country to build a jetty to import LNG.
Origin Energy Ltd expects to recognise an impairment charge of approximately $1.2 billion (post-tax) for the second half of the 2017 fiscal year in its full year results to be released on 16 August 2017.
Multiplex has announced that a consortium comprising of itself, DIF, Compass Group and Brookfield Financial has been nominated as the preferred tenderer to build and manage a new Karratha accommodation facility for Woodside.
Inpex Corporation expects gas production from the seabed for its offshore Ichthys LNG project to start from around the end of the year.
With a global glut dragging down prices, LNG suppliers are looking to build smaller and cheaper.