Oil and Gas Extraction and Production
Australia is at a pivotal point in its energy future, uniquely positioned to lead the global transition to a low-carbon economy.
A significant oil discovery in Alaska’s North Slope is advancing with increased contingent resources and plans for a horizontal production test to unlock its commercial value.
A Victorian offshore gas project has been given the green light, being granted two production licenses from the Victorian State Government.
Strike Energy and Hancock Energy have secured Western Australian Planning Commission approval for their $145 million gas processing plant at Arrowsmith East, within the West Erregulla field, marking a key milestone in their joint venture with Australian Gas Infrastructure Group (AGIG).
A major gas project in Queensland is approaching a critical phase, with upcoming flow testing set to determine commercial viability ahead of a final investment decision in early 2025.
Empire Energy Group Ltd (ASX:EEG) is progressing its Carpentaria Pilot Project in the Beetaloo Basin, Northern Territory, with plans to commence gas production by mid-2025.
Bass Oil Ltd (ASX: BAS) has reported a series of significant developments aimed at bolstering its production capabilities and exploring new opportunities in Australia and Indonesia.
A significant new phase of gas and oil exploration is underway in Western Australia's Canning Basin, with plans moving forward for a hybrid gas-to-power and renewables project aimed at meeting regional energy demands.
Plans are advancing for a major infrastructure development aimed at transporting up to 150 terajoules (TJ) of natural gas per day to the proposed urea plant within the Burrup Strategic Industrial Area.
An oil and gas producer revealed it might endorse a $3.
