
Australia's Santos profit soars
Santos Ltd reported a more-than-fivefold rise in annual underlying profit on 21 February.
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Santos Ltd reported a more-than-fivefold rise in annual underlying profit on 21 February.

ExxonMobil Corp and France’s Total SA have reached broad agreement on plans to double gas exports from Papua New Guinea.

Investment decision looms.

Contract supports INPEX in Australia.

Australia’s Woodside Petroleum on Wednesday lashed out at Korea Gas Corp over a dispute it has with the South Korean company.

PHMSA and FERC have issued orders regarding LNG storage leaks at Cheniere's Sabine Pass liquefaction facility.

Operations have been suspended at Peru’s sole LNG plant because of a lack of supply caused by a 3 February pipeline rupture.

NERA has announced funding of AUS$2.1 million for eight national projects aimed at improving the global competitiveness of the sector.

Soaring gas demand from China, India and Southeast Asia is sucking up an LNG supply glut previously expected to last for years.

Gazprom has made the decision to transform the operational structure of its export activities, including marketing and trading.

LNG production from the Sabine Pass export plant in Louisiana will not be affected following an order to shut two cracked storage tanks.

Korea Gas Corp’s move to seek arbitration over the terms of a LNG contract comes as Asian buyers are putting pressure on producers to grant more flexible supply terms.