International oilfield support services company ASCO today (19th August) opened its new Marine Supply Base in Darwin, Australia. The official opening was attended by the Chief Minister of the Northern Territory, the Hon. Adam Giles at a ceremony on site today.
US energy firm Apache on Monday announced an oil discovery off northwestern Australia which it said could potentially represent a new oil province for the country.
Union workers in Australia who disrupted construction at the site of more than $60 billion in natural gas export projects were ordered to stop their strike, according to contractor Bechtel Group Inc.
Australia's Roc Oil Co Ltd on Monday accepted a A$474 million ($441 million) takeover offer from Chinese conglomerate Fosun International Ltd , saying it was better than its plan to merge with Horizon Oil Ltd.
Australian companies consider investing in the planned LNG terminal in Odessa Region, Australian Ambassador Jean Dunn has told economy minister Pavlo Sheremeta at a meeting, Sheremeta’s press service has said.
Australian oil output has slumped to its lowest annual production in more than 40 years, energy economics group EnergyQuest reported this week.
Shell on February 21 announced it has reached a binding agreement to sell its Australia downstream businesses (excluding Aviation) to Vitol for a total transaction value of approximately A$2.9 billion (US$2.6 billion), Shell’s press office said.
Baytex Energy Corp. (BTE) agreed to buy Aurora Oil & Gas Ltd. for C$1.8 billion ($1.63 billion) in cash to expand its U.S. shale portfolio, in the Canadian heavy-crude producer’s biggest purchase, Bloomberg reported on February 7.
Japan's top oil and gas explorer Inpex Corp has set up an office in Singapore to market its rising output of crude and condensate and trade liquefied natural gas (LNG), Reuters reported on December 12, citing sources.
Petronas on October 31 announced new gas discoveries in three of its upstream ventures in Malaysia, Indonesia and Australia, Bernama news agency has reported.