Woodside

Woodside Petroleum Ltd., Australia’s top natural gas producer, reported a steep 42% fall in third-quarter revenue from a year ago despite higher sales volumes, as its long-term liquefied natural gas (LNG) export contracts were hit hard by low oil prices from last quarter. Most of Woodside’s LNG contracts are with Asian customers and are indexed…

A roundup of news and commentary from NGI’s LNG Insight

Chevron Canada Ltd. and Woodside Energy Ltd. have received approval to double the size and planned lifespan of KM LNG, their proposed natural gas export project to be sited in British Columbia (BC).

Perth-based Woodside Petroleum Ltd. signaled Wednesday that it will give no ground on taking its Australian natural gas resources to global markets after securing a supply deal with a top German power generator.

Woodside Energy Trading Singapore Pte Ltd. has secured a heads of agreement (HOA) to supply an increasing amount of natural gas over 13 years to Germany’s Uniper Global Commodities SE.

The natural gas industry risks becoming marginalized unless it steps up and convinces the public how necessary it is, top executives said Tuesday.

Chevron Australia and Woodside Energy, Australia’s largest independent oil and gas producer, signed separate long-term agreements last week to supply 100 petajoules (PJ) of gas to the Worsley Alumina integrated mining and refinery complex south of Perth in Western Australia.

Australia-based GLX, an online trading platform for liquefied natural gas (LNG), plans to work with the energy price-reporting arm of IHS Markit to start up an end-to-end trading solution to transact physical cargoes.

Australia-based Woodside Energy Ltd. has decided not to invest in Sempra Energy’s proposed Port Arthur, TX, liquefied natural gas (LNG) project, but plans are moving forward toward a final investment decision (FID) next year, a spokesperson said.