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Australia gas security faces fitness test
Reassessment of the country’s export-facing gas policy coincides with worsening domestic market backdrop
ADNOC targets Santos in big LNG push
The takeover, if it gets the all-clear from regulators and other government authorities, would propel XRG and its parent firm ADNOC into the top tier of global LNG players
Australia’s LNG flashpoint
Scapegoating foreign buyers will not solve country’s gas shortages
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With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
Australia’s changing gas risks
Australia’s East Coast Gas projections for a supply shortfall have been pushed further out, but the challenge to meet evolving gas demand and the shifting assumptions around the fundamentals remain just as stark
Australia faces up to Victoria’s gas folly
As gas supplies dwindle, LNG becomes the only viable solution in a state that has focused on transition
Australia’s unresolved fuel security risks
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Woodside makes US LNG push with Tellurian acquisition
The Australian firm’s purchase represents a significant move into US LNG by an international player and will boost the planned Driftwood project after years of uncertainty
Australia’s East Coast market running out of time
Looming supply shortfalls will force some difficult political decisions
Political bargains hamstring Australia's Future Gas Strategy
Backroom political deal-making has undermined the government’s long-term vision for the domestic gas sector
Australia Woodside BHP
Simon Ferrie
18 August 2021
Follow @PetroleumEcon
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BHP and Woodside to merge oil and gas assets

The deal will create a significant player in the LNG market

Australian firms BHP Group and Woodside will combine their oil and gas assets into a new, expanded Woodside that will—they say—be among the world’s top-ten largest LNG producers. The deal will also see BHP Group exit the oil and gas sector. The expanded Woodside will be 52pc owned by its existing shareholders, with the remaining 48pc held by current BHP shareholders. The deal is backed by the boards of both companies but is still subject to regulatory and shareholder approval and is expected to be completed in the second quarter of 2022. The planned merger will form “the largest energy company listed on the ASX...[with] a high-margin oil portfolio, long-life LNG assets and the financial resi

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