BHP Petroleum and Woodside Petroleum have consolidated their oil and gas portfolios in a merger that’s set to create one of the largest independent energy companies globally.
Santos and Oil Search have confirmed they will merge to create a $21 billion entity that will sustain both companies in the wake of a low carbon future.
The Australian Petroleum Production & Exploration Association (APPEA) has outlined in its submission to the Department of Industry’s draft carbon capture and storage (CCS) method for the Emissions Reduction Fund (ERF) that CCS has the potential to deliver step-change emissions reductions. Read more
EnergyQuest has revealed a widening long-term divide between gas supply and prices in Queensland, the Northern Territory and southern states, with the industry balanced on the edge of not meeting demand in just a few years. Read more
BHP and Woodside Petroleum will combine their respective oil and gas portfolios with an all-stock merger in a move expected to create a global top 10 independent energy company in terms of production. Read more
BHP has confirmed it is in discussions to merge its petroleum business with Woodside Energy.