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Australia’s LNG flashpoint
Scapegoating foreign buyers will not solve country’s gas shortages
Australia’s post-election energy priorities
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
EU and UK look to security beyond gas
The scars of the Russia crisis have accelerated Europe’s push to wean itself off gas dependence as the growing globalisation of LNG becomes a double-edged sword
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
Can the UK take its foot off the gas?
While the government might complain about the vicissitudes of the international gas market, the UK's transition away from the fuel is fraught with challenges
Norway may have already reached peak oil supply
Castberg may not be enough to offset declines in other fields, while its vastly different quality has far-reaching implications for buyers
Hydrocarbon Processing Refining Databook 2025: Europe, Russia & CIS
EU net-zero polices have shifted refining investment among member states, while across the region countries and companies continue to adjust to changes in trade flows caused by the war in Ukraine
Outlook 2025: UK offers upstream opportunity as transition and policy evolve
The importance of the oil and gas sector to the UK and the value of its assets mean 2025 could offer new opportunities and a recovery in activity
Outlook 2025: A new era – how the UK offshore sector can lead in a competitive market
The government must take the opportunity to harness the sector’s immense potential to support the long-term development of the UK’s low-carbon sector
Outlook 2025: Navigating the windfall tax and the future of UK energy
Policymakers and stakeholders must work together to develop a stable and predictable fiscal regime that prioritises the country’s energy security and economy
Australia Faroe Islands Norway UK
PE Staff
26 October 2020
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Licensing round October update

The industry's most comprehensive list of current and recent rounds for onshore and offshore licences

Open rounds Australia’s Department of Industry, Science, Energy & Resources opened the 2020 Offshore Petroleum Acreage Release at an online event on 26 August. Keith Pitt, minister for resources, water & Northern Australia, announced a total of 42 areas available for offshore oil and gas exploration: 28 off Western Australia, five off the Northern Territory, three off Victoria and six off the Ashmore & Cartier Islands. The total area covers approximately 100,000km² across five basins. In his address, Pitt confirmed a more conservative approach: “This year’s acreage release is dominated by areas in established oil and gas areas with existing infrastructure.” The bidding will be op

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