Australia | Egypt Oil & Gas - Part 4

West Africa to Ship 60 Oil Cargos to Asia in September

The amount of West African crude oil heading east in September is expected to reach a five-month high, driven in part by trading houses. At least 60 cargoes, carrying the equivalent of 1.9mb/d are expected to make the...

Uganda Selects Nigerian, Australian Firms for Exploration Rights

Uganda’s Ministry of Energy and Mineral Development said that his country has chosen Nigerian firms WalterSmithPetroman Oil Limited, Oranto Petroleum International, and Niger Delta Petroleum Resources, together ...

Chevron’s Mega Gas Project in Australia Starts Production

US Chevron Corporation commenced liquefied natural gas (LNG) and condensate production at the $54b Gorgon Project on Barrow Island, located off the northwest coast of Western Australia. Its first cargo is scheduled to...

Australia Confirms Uranium Export Commitment to UAE

Australia has confirmed its commitment to export uranium for UAE’s nuclear program, in line with the bilateral 2015 agreement, once the nuclear plants in the Gulf country come online, Australia’s outgoing ...

Aramco Targeting Asia Market Expansion with Singapore Office

Industry sources told Reuters that Aramco Trading Company, a subsidiary of oil giant Saudi Aramco, has started a Singapore office to market oil products. It is believed that Nader Al-Arfaj has been hired for the job, ...

Australia Invites Saudi Investment in Green Energy

The Australian government has announced its invitation for Saudi Arabia and other oil-rich states to invest in Australian green energy initiatives. The Financial Times quotes Greg Hunt, Australia’s Minister of Environ...

Australia’s New Standard Energy Exits US Amid Downturn

Another casualty of the downturn in oil prices: Australia’s New Standard Energy Ltd. is exiting the U.S. New Standard said June 29 it reached an agreement with Sundance Energy Australia Ltd. to sell assets in th...

First Austrailan LNG Shipment Arrives to Egypt

Egypt is set to receive its first liquefied natural gas (LNG) delivery from Australia on Wednesday, live ship-tracking data on Reuters Eikon showed. The 159,760-cubic-metre cargo aboard the Woodside Rogers loaded at t...

MEO Withdraws from Offshore Australia Gas Project

MEO Australia  has opted to withdraw from the Blackwood gas discovery offshore northern Australia  at no cost, transferring that area of the NT/P68 permit to Eni Australia. The company says it will now focus its techn...

Shell Cancels Australia LNG Project

Royal Dutch Shell has abandoned its plans for what would have been a fourth coal seam gas-LNG project at Gladstone in Queensland. Shell Chief Executive Officer Ben van Beurden said during a presentation of its fourth-...

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