Investec predicts gas price drop due to European gas storage
European gas storage is filling up quicker than demand allows with reserves set to reach maximum capacity by September, says Investec head of commodities Callum Macpherson.
Austraila
Wood to carry out emissions-cutting work down under
Wood (LON: WG) has announced that it has secured contracts with Beach Energy and Mitsui E&P Australia (MEPAU) to reduce emissions down under.
Well-safe Solutions expands in Australasia targeting $40.5 billion decom opportunity
The Aberdeen headquartered Well-safe Solutions is expanding its operations in Australasia after identifying a $40.5 billion decommissioning opportunity.
Energy giant Shell expects boost in gas production
Energy giant Shell has said it expects to have produced more gas in the opening three months of this year than it did during the close of last year even as prices drop from recent extremes.
1st Ichthys LNG cargo is said to be possible as soon as this week
The Inpex Corp.-operated Ichthys LNG export project in northern Australia may load its first natural gas cargo as soon as this week, according to people with knowledge of the venture’s preliminary sales plans.