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Queensland

Articles from Queensland

ConocoPhillips Could Take Over APLNG Upstream if Brookfield, EIG Acquire Origin Energy

LNG

ConocoPhillips Could Take Over APLNG Upstream if Brookfield, EIG Acquire Origin Energy

A consortium of investment groups is planning to acquire Origin Energy Ltd., Australia’s largest integrated utility, in a deal that could make ConocoPhillips upstream operator of the natural gas fields that feed the Australia Pacific LNG (APLNG) facility. Brookfield Renewable Partners LP and U.S.-based institutional energy investor EIG reached an agreement with Origin’s board to…

March 27, 2023
Australia’s Energy Market Operator Warns of Possible Cargo Diversions for LNG Exporters

LNG

Australia’s Energy Market Operator Warns of Possible Cargo Diversions for LNG Exporters

Exporters of LNG from Australia’s eastern coast could be required to divert spot cargoes for the domestic market this winter as the country’s energy market operator forecasts increased peak demand and greater future supply uncertainty. The Australian Energy Market Operator (AEMO) recently published an updated outlook of the country’s domestic supply risks and the potential…

March 21, 2023
Australian LNG Producers Face Prospect of Diverting Exports to Meet East Coast Supply Shortfall

LNG

Australian LNG Producers Face Prospect of Diverting Exports to Meet East Coast Supply Shortfall

Australia should divert LNG exports to meet a domestic gas supply shortfall on the east coast next year, the Australia Competition and Consumer Commission (ACCC) said in its latest  report. Australia’s east coast gas market is expected to have a shortage of 56 petajoules (PJ) next year, or about 10% of domestic demand, according to…

August 3, 2022
Australia Natural Gas Supply Outlook Improves; Headwinds Remain

Markets

Australia Natural Gas Supply Outlook Improves; Headwinds Remain

Actions taken by Australia’s oil and gas industry to bring more natural gas into the domestic market seem to be working, according to an interim report by the Australian Competition and Consumer Commission (ACCC).

August 23, 2019