Good crisis management needed to boost Australia’s production sector
Increased Australian productivity and competitiveness should allow the nation to drive output during global downturn
The depressed oil price environment provides a window of opportunity for the Australian resources industry to curb rampant cost inflation and increase productivity, making it more competitive internationally and better placed to ride an anticipated upswing in LNG demand next decade. It follows a five year period of unchecked growth in costs, wages and currency which has made Australia one of the least competitive countries in which to develop oil and gas projects, despite its vast cache of natural gas, willingness of investors and proximity to major buyers in Asia-Pacific. The need to cut costs and increase operational efficiency is becoming a lead theme across Australia’s resources sector
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20 February 2026
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
20 February 2026
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
20 February 2026
Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
19 February 2026
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
