Energy News Bulletin
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Perth powwow: #Australia must seize giant #gas opportunities for a cleaner #energy future. Australian Energy Producers Conference sees #gas delivering new #energy economy.Australian Energy Producers Chief Executive Samantha McCulloch welcomed the 2500-strong delegation to Perth as the #oil and #gas industry gathered under the organisation's new name. She highlighted that “our industry and our endless efforts at the frontline will deliver the new energy economy" – the theme of this year’s conference, which started in Perth on Tuesday.Read the highlights for free on ENB. Hear from Madeleine King, Reece Whitby, and Woodside Energy CEO Meg O'Neill.#AEP2024Conferencehttps://lnkd.in/g-9mK_G9
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Energy News Bulletin
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INPEX Australia boss Takayuki Ueda finds new confidence in #FutureGasInpex CEO Takayuki Ueda champions Australia's potential to become a leading LNG supplier to Asia’s Ueda "explosive" growth in energy demand over the next five to ten years on the inaugural day of Australian Energy Producers in Perth. #japan #boom #lng #aep
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#Namibia shows pulling power as #Australian #energy players join feeding frenzy. With majors and others firing up exploration campaigns in the southwest #African upstream hotspot, Woodside Energy may be well positioned to firm up its presence in the Orange Basin. Namibia's capacity to attract interest shows no sign of abating, with the most recent bout of announcements from IOCs reinforcing the positive sentiment with fresh billion-barrel #oil finds that confirm the country's status as the world's richest hunting ground for global #explorers.The majors have been in the game since February 2022, with the likes of Shell and TotalEnergies making major announcements in the offshore Orange Basin at their respective Graff and Venus blocks. With an estimated 88% drilling success rate claimed in the Orange basin and, notes consultancy Wood Mackenzie, with 230,000 square kilometres of licenced acreage – more than double that of Norway's 100,000 sq km – on offer, Namibia's #offshore remains under-explored. Read ENB's analysis for more insights:https://lnkd.in/gZqKg3fa
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Qteq Pty Ltd has recently announced the launch of a new flagship Qanti-Fi fugitive #emissions product line. This announcement comes at a crucial time for the global #energy sector, as it grapples with increasing societal pressure and stricter government regulations to accurately and comprehensively identify and quantify fugitive #methane #emissions, from both surface and subsurface infrastructure.Measure. Monitor. Manage. Mitigate.Qanti-Fi systems embody Qteq's 4M strategy of automating environmental stewardship, by Measuring and Monitoring key indicators, and using advanced analytics to Manage and Mitigate adverse trends. This is being achieved using cutting-edge solutions from our technology partners, Ventbuster Instruments and Kuva Systems, who provide unique approaches to the detection and quantification of methane emissions.https://lnkd.in/gxwRreNn
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Train 2 looking good for a swifter return to actionRueben Hale reports Chevron’sGorgon LNG project in Western Australia's Pilbara region is on track to resume operations for its offline Train 2 on the better side of an anticipated five-week downtime.#chevron #gorgon #train2 #lng #offline
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Chevron has "taken exception" to being labelled a failure on carbon capture.The oil and gas giant has rejected media suggestions its carbon reduction target misses at its massive Gorgon LNG project add up to a failure on its carbon capture promise of 4 million tonnes of CO2 per year, writes Rueben Hale #chevron #lng #ccs #gorgon #fail
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Woodside Energy brushes off staff layoff rumours amid Browse #LNG uncertainty. Woodside's Browse #LNG future direction remains unclear, but speculation is swirling that Browse #gas could be sent to INPEX Corporation Ichthys #LNG complex in northern #Australia. No smoke without fire? Rueben Hale reports.INPEX Australiahttps://lnkd.in/gkM9MYVQ
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Boosting new #gas supply will be essential to fuel Western #Australia's plans to phase out #coal from #electricity and ensure affordable #energy for minerals processing, reports energy research company Rystad Energy. In an article in the 2024 Australian Energy Producers Journal, Rystad Energy said the case for new supply was "extremely strong" given the forecast shortfalls that could "reduce the competitiveness of WA's gas-intensive industries".https://lnkd.in/gA2eEF89
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#Australia’s #CCS opportunity is rooted in facilitating other countries’ #netzero ambitions.Australia could unlock up to $600 billion in revenue by creating a #carbon #capture and #storage (CCS) industry and becoming a storage hub for the Asia-Pacific region, reports global #energy research firm, Wood MackenzieIn an article published in the 2024 Australian Energy Producers Journal, Wood Mackenzie emphasised that Australia's CCS opportunity is rooted in facilitating other countries' net zero ambitions.https://lnkd.in/gGfPXx_s
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Do the numbers still add up for major oil and gas projects proximate to Australian waters? ENB’s Rueben Hale asks the question.#santos #jobcuts #dorado #nt #png
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