LNG, the company set to produce the first liquefied natural gas out of Gladstone, is on the verge of signing a deal to supply gas from 2012.
LNG announced in February it had signed a heads of agreement with its biggest shareholder, Norwegian company Golar LNG, to supply all of its first production train, which has [...]

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Employees have been evacuated from a Timor Sea oil rig after an oil and gas spill 3.6km below the surface.
Oil and gas will continue to spill into the ocean from a drilling rig off Australia’s northwest coast for seven weeks, leaving a multi-million dollar clean-up bill for the company responsible.
About 40 barrels of oil are [...]

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The Queensland Government has declared Shell’s coal seam gas-to-liquefied natural gas (CSG to LNG) project on Curtis Island “Significant” allowing Shell to submit an environmental impact statement.
Shell announced they will begin to prepare the statement to develop the project further, with plans to produce first gas from its terminal at Gladstone by 2015.
The project is [...]

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The Federal Resources Minister Martin Ferguson has arrived in Darwin ahead of an expected announcement this morning that Inpex will build it’s multi-billion dollar gas plant in the city.
Mr Ferguson flew into Darwin late last night from Canberra after yesterday’s Parliamentary sittings along with Territory MPs and Senators.
He’s expected to make an announcement today that [...]

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A planned oil and gas exploration off the NSW coast has been praised as the public could benefit from a drop in petrol prices.  However the Greens believe it would give false hope and put the environment at risk.
Media reports have said skyrocketing oil prices had driven an Australian joint venture to develop a drilling [...]

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The life of the gas and oil operation on coastal Western Australia has been extended due to the participants of the North West Shelf Venture project approving a $5 billion expansion project.
The North Rankin 2 development will include the installation of a platform which stands in 125 metres of water, 135 kilometers off Karratha. [...]

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