EnergyQuest’s latest market report finds China catching up to Japan in the Oz LNG buying stakes as Japanese utilities baulk at the spread between the spot and oil-linked contract prices, seeking to negotiate better terms even as some begin to import more coal again for cheaper power. https://www.energynewsbulletin.net/ For highlights of the EnergyQuest July LNG […]
Long term risks in Trad’s sneak attack o
Jackie Trad’s sneak attack on Queensland’s coal seamers marks a worrying new low in communications between the Sunshine State’s extractors and their more usually strongly supportive government. (Matthew Stevens, Australian Financial Review, 13 June) https://www.afr.com/business/energy/long-term-risks-in-trad-s-sneak-attack-on-gas-20190612-p51x16
Australian gas and oil exploration renai...
There are signs that Australian oil and gas exploration is starting to recover from the doldrums that have been the feature of recent years. EnergyQuest has recently completed a full industry review of Australia’s current and forward oil and gas exploration schedules. The research, by EnergyQuest’s well respected exploration analyst, David Upton, can be downloaded […]
ExxonMobil to drill deep for Bass Strait...
Energy giant ExxonMobil has received environmental approval to drill Australia’s deepest ever oil and gas well in a bid to unearth fresh supplies and reverse an energy squeeze on the nation’s east coast. (Perry Williams, The Australian, 19 June) https://www.theaustralian.com.au/business/mining-energy/exxonmobil-to-drill-deep-for-bass-strait-gas/news-story/246b67eb6a45f85dac24761cb8ce5b69