Australia

Two of Australia's biggest independents - Woodside Petroleum and Santos - have announced their Q411 results, both of which reported lower production figures and declines in sales volumes.

The Ichthys FID paves the way for Australia's most expensive LNG development to date. The project has been plagued by cost over-runs as a number of competing projects vie for limited... 2012-01-13

APLNG is set for a FID on its second train after lining up another major supply deal with China's Sinopec.

Inpex's Ichthys LNG project has benefited from rising long-term Japanese gas demand, with Japanese buyers signing up for 70% of the project's output. While the demand picture for Australian... 2011-12-06

Italian major Eni has been revealed as the mystery buyer of a stake in an offshore gas field in Australia's Bonaparte Basin, which was sold by Australian gas producer Santos in October... 2011-12-01

Woodside Petroleum has had a difficult year, with project delays and cost overruns hurting the company's performance. We see little short-term hope of the company turning its fortunes... 2011-11-25

Beach Energy's estimate that its Cooper Basin shale acreage holds 1.7tcm of recoverable shale gas reserves could potentially transform the company. At the very least it should lead... 2011-11-24