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AOG Daily: 2017 / February

Monday, 27 February 2017 20:46

AWE reports half year earnings

AWE reported a statutory net loss after tax of $12.5 million for the financial year 2017 (HY17), a 95% improvement over the HY16 result, it…
Wednesday, 22 February 2017 21:38

NZOG sees LNG potential in Barque prospect

New Zealand Oil & Gas (NZOG) has updated its analysis of the Barque prospect, offshore from South Canterbury and North Otago in New Zealand, and…
Tuesday, 21 February 2017 22:14

Woodside profit rebounds

Despite a challenging market, Woodside chief executive Peter Coleman says the company has performed exceptionally well in 2016 by exceeding production targets, sanctioning Greater Enfield…
Monday, 20 February 2017 21:40

Shell: LNG demand to outpace gas

Global demand for liquefied natural gas (LNG) reached 265 million tonne in 2016, enough to supply power to around 500 million homes a year, a…
Monday, 20 February 2017 20:11

Senex reports half year loss, gas investment

Australia’s Senex Energy announced a 38% year-on-year decrease in oil and gas revenue for the half year ended 31 December 2016 (1H FY17), and the…
Monday, 20 February 2017 07:23

Chevron gains Carnarvon basin permit

Chevron signed a US$2.3 million (A$3 million) cash deal for a new exploration permit in a "gas-rich" part of the Carnarvon Basin, offshore western Australia. …
Monday, 20 February 2017 00:36

CNPC buys Abu Dhabi oil field stake

Abu Dhabi National Oil Co. (ADNOC) on Sunday (19 February) awarded China National Petroleum Corp. (CNPC) 8% interest in Abu Dhabi’s onshore oil concession. CNPC…
Thursday, 16 February 2017 20:40

Modi government approves 31 contract areas

India’s Cabinet Committee on Economic Affairs on Wednesday approved the award of 31 contract areas under the Discovered Small Field (DSF) Bid Round 2016 which…
Wednesday, 15 February 2017 22:43

Kina adds new permit to PNG portfolio

ASX-listed Kina Petroleum has confirmed that the PPL 338 license has been extended for a further five years and that it has been awarded a…
Wednesday, 15 February 2017 22:01

MISC wins arbitration against Shell

MISC unit Gumusut-Kakap Ltd. (GKL) has won its adjudication claim against Sabah Shell and has been awarded US$254.4 million by the Kuala Lumpur Regional Centre for…
Wednesday, 15 February 2017 02:45

Origin submits Beetaloo results to NT government

Origin Energy has submitted the results of the Amungee NW-1H Velkerri B shale gas pool in the onshore Beetaloo basin to the Northern Territory (NT)…
Thursday, 09 February 2017 23:57

Aussie tax changes risk investment

Australia’s capacity to find and develop its oil and gas resources may be at stake as the Commonwealth Treasury reviews the petroleum resource rent tax…
Thursday, 09 February 2017 21:48

New Asian LNG buyers on the rise

Last year, Asia's emerging liquefied natural gas (LNG) buyers contracted nearly 18 million tonne of LNG supply, making up over 60% of new contracts, and…
Tuesday, 07 February 2017 19:28

Industry majors advance Pakistan LNG project

Qatar Petroleum (QP), Total, Mitsubishi, ExxonMobil, and Hoegh LNG are set to develop a liquefied natural gas (LNG) import terminal in Pakistan in collaboration with…